Anybody in the EURUSD today?
The Support Resistance Switch Method - Trade with one line 91 replies
Pharley Simple system - Get your levels right for trading S/R 532 replies
bo7a method... method for GBP/JPY 205 replies
DislikedIsn't it quite possible that it goes south? That would also be a huge run.Ignored
DislikedHi - I've moved up SL on T1 to entry point so this is no longer at risk. {image}Ignored
DislikedHi - I've moved up SL on T1 to entry point so this is no longer at risk. {image}Ignored
Disliked{quote} Hi Pharley, You are moving your SL to entry point pretty fast. This is something I am struggling with in my own trades especially the ones you put in later on the road. The market could easily have a pull back and especially on the entrance market could retest the resistance. Can you have a look at my example of the EURUSD. Would you set SL1 lower? Can you please comment the SL management in this trade? Thanks, {image}Ignored
DislikedOne of the things I am pleased to see on the analysis side of things is that the Risk of Ruin is very low for busting out the account. Currently only a 0.19% risk of losing 50% and less than 0.01% of losing everything. The others at a 4% chance of losing 30% I can live with, but I'll work on bringing down the 38% chance of losing 10% - I'd like that lower.Ignored
DislikedAre you Kidding ?, of course everyone is interested!! Nice work, I was proud of myself at 10 - 15 % a month till i saw that, shows you though what trades you were knocking it out of the park on. Im surprised no one mentioned the usd/chf trade though earlier this week, i got 500 pips out of it, would post a screenshot but need to learn how.....Ignored
DislikedHi, Well as I changed to a new broker in July, I thought I'd create a MyFXBook thing. If nothing else, it will keep me honest! I've already gone through the analysis and can see where there are weak spots in my trading, so that's good news. Just the last few trades have been a bit slack and I probably shouldn't have taken them. Never mind, I'm always learning - you never stop. There's not much on there at the moment as it only runs from when I started with this new broker, but I'll be able to keep track of how I'm going. For those who are interested...Ignored
Disliked{quote} Would you be so kind as to make the trade history viewable? It would help people to learn/understand what you are doing. With all my best, MKIgnored