Will this work just the same on a hour chart?
Demo contest only - 20 pips TP and 20 pips stop - Any TF 51 replies
My Fix Plan: SL 20 pips & TP 5 pips 4 replies
Flappy Pips - How to keep your hard earn PIPS 7 replies
I lose 40 pips and win 6 to 10 pips... 17 replies
spread on GBP/JPY @ alpari is 12 pips intead of 7 pips they claimed to be 6 replies
DislikedYou dont need entering SL when trading in this. Cause it will frustrate you, price can move and up confusing you. You are sitting in front of monitor observing it..You can manually close if sth goes wrongIgnored
DislikedGuys don waste time, this is loosing strategy. Youll become gun meat for brokers...Ignored
DislikedHey TK5, Can you please tell if those red lines are good entries? (if I'm getting this correctly) Thanks and God bless you. {image}Ignored
Disliked{quote} Not necessarily. This method has something of the Genesis method - 5ema shift 2, heiken ashi (somewhere on this Forum), which, I understand, is quite popular and is traded succefully by many.Ignored
Disliked{quote}Thanks. I am a visual learner and also a slow learner so real examples of loosing trades in different market conditions would be appreciated. Like fast moving market against you..? Lets say you enter with no stop loss and your computer breaks down, the electric power to your house goes down, your internet connection fall out or something like that. Then some time later you get back online and you are VERY lucky because it is not yet margin call even if you use 1:500 leverage and your trade is around -100 pips and still moving against you...Ignored