Hello everybody.
Iīm starting this thread to develop discipline with the trading model Iīm applying. My trading model is 100% discretional and based (Not completely) on JD model. You can read about this model here.
I like to use equidistant channels, Fibonacci channels and Andrew Pitchforks lines to find very good support and resistance lines. Price action is another part of my game.
I will only trade 5 or 15 minutes. My stoploss is normally fixed 25 pips and i will trade from 10 CET to 17 cet hours. Earlier is to hard for me 10 hours CET is 3 AM local time . I only make 1 or 2 trades a day.
English is not my native language so forgive me if you find some mistakes in my posts.
I will only trade GBP/USD. Demo account. I have a real one too.
Iīm at a level where I know a lot of the market. I know I have good technical analysis but I fail when i open a trade (open too late) or let the opportunity go away.
Iīm starting this thread to develop discipline with the trading model Iīm applying. My trading model is 100% discretional and based (Not completely) on JD model. You can read about this model here.
I like to use equidistant channels, Fibonacci channels and Andrew Pitchforks lines to find very good support and resistance lines. Price action is another part of my game.
I will only trade 5 or 15 minutes. My stoploss is normally fixed 25 pips and i will trade from 10 CET to 17 cet hours. Earlier is to hard for me 10 hours CET is 3 AM local time . I only make 1 or 2 trades a day.
English is not my native language so forgive me if you find some mistakes in my posts.
I will only trade GBP/USD. Demo account. I have a real one too.
Iīm at a level where I know a lot of the market. I know I have good technical analysis but I fail when i open a trade (open too late) or let the opportunity go away.
Johann
Channels and cycles are everything