Trade with 60 | Page 11 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Can you teach me Carry Trade and Swing Trade? 5 replies

Golden rule: trade the trade! 16 replies

usa trade balance cad trade balance 6 replies

Philly Fed later - trade or not to trade? 10 replies

Months to trade or not to trade Forex? 2 replies

Attachments: Trade with 60
Exit Attachments

Trade with 60

  • #201
  • Sep 9, 2015 7:07am Sep 9, 2015 7:07am
Quoting cchersia
{quote} Hi 60, What are the benefits as suscriber ? Thanks! CC
Hi Cchersia

so obviously you get the basic rule set of the method and the logic behind it - really nothing special or magical, just buying low and selling high intraday on H1 charts. It's main advantage being it is simple and methodical.

Then there is the timeline (we run this as a closed group on Facebook - it's actually the perfect platform for a group of traders to interact)
On the timeline the group can share charts, videos, ask questions and most importantly be in an environment where everyone is trading the same instruments day in day out with the same method - the idea is to start to remove human error from trading.... If we are all honest the reason most of us have struggled at trading, either now or in the past, is through human error.

I record daily videos that get posted on the timeline - in these I review the 2 pairs, the entries, the possible exits - and go into more detail on elements of the strategy and any questions people have asked.

The big idea is that the strategy is most likely NOT the reason you are not trading at a level you would like - and being part of a group that are trying a different approach will help....

So I will be 100% honest - this is not a magic injection of winning, it is not be an A,B,C of becoming a millionaire, it's about adopting a different mindset.

I have added yesterday's video and an example of a post on the timeline so you get an idea:

lastly, it's $100 - I wasted £1000's before I even started to consider that the problem might actually be me !

Inserted Video


Attached Image
tradewith60
  • #202
  • Sep 9, 2015 7:20am Sep 9, 2015 7:20am
Quoting 60minuteman
{quote} Hi Cchersia so obviously you get the basic rule set of the method and the logic behind it - really nothing special or magical, just buying low and selling high intraday on H1 charts. It's main advantage being it is simple and methodical. Then there is the timeline (we run this as a closed group on Facebook - it's actually the perfect platform for a group of traders to interact) On the timeline the group can share charts, videos, ask questions and most importantly be in an environment where everyone is trading the same instruments day in...
Thanks for your great explanation!
CC
  • #203
  • Sep 9, 2015 12:15pm Sep 9, 2015 12:15pm
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 92 KB
  • #204
  • Sep 9, 2015 12:16pm Sep 9, 2015 12:16pm
Quoting Techanalyst
{image}
very nice again Sir!
tradewith60
  • #205
  • Sep 9, 2015 12:54pm Sep 9, 2015 12:54pm
Quoting 60minuteman
{quote} very nice again Sir!
Thank you. I really like your style of trading. It is very clear but of course comes with practice. I don't use indicators either. Price action is the way to go.
  • #206
  • Sep 10, 2015 4:11am Sep 10, 2015 4:11am
GBP/USD long from today's low

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-09-10 at 12.10.21.png Size: 20 KB
tradewith60
  • #207
  • Edited 6:19am Sep 10, 2015 6:09am | Edited 6:19am
Quoting 60minuteman
GBP/USD long from today's low {image}
Hi 60

Your system looks very interesting and completely different to my current system .

I like the simplicity and the little effort required to trade it.I am thinking it could make a nice addition to my arsenal

I would be happy to sign up for the membership but the only thing that is currently stopping me is a " track record " for the system and how it did and what type of pips and return it produced in say the last year.

Would you mind putting up a trade explorer or share a link of MyFxBook or something of the sort for our perusal or even if you just please elaborate a little regarding this or if I missed it somewhere please point me in the right direction.

Thank you for your time and look forward to hopefully learn your system in the future.

All the best

Rooi
We miss 100% of the shots we don't take
  • #208
  • Edited 7:11am Sep 10, 2015 6:20am | Edited 7:11am
Quoting Rooi
{quote} Hi 60 Your system looks very interesting and completely different to my current system is. I like the simplicity and the little effort required to trade it.I am thinking it could make a nice addition to my arsenal I would be happy to sign up for the membership but the only thing that is currently stopping me is a " track record " for the system and how it did and what type of pips and return it produced in the say the last year. Would you mind putting up a trade explorer or share a link of MyFxBook or something of the sort for our...
I don't have a year's data of this strategy Rooi.

But you can easily measure the potential by going back through this or last year on EU, take the trades at the high and hold them until a low trade triggers and then trade it back up again. That should give you an estimation of what is possible.

Rooi... I found this on your profile,

For everyone ( without exception ) the market is only a reflection of their believes about themselves and how much they trust what they have created to interpret the market with.There for the market is you and you are the market.How well you are able to control and improve yourself is how well you will be able to do in the market and in life.

... test the system and if you like it come and join our group!
tradewith60
  • #209
  • Sep 10, 2015 8:22am Sep 10, 2015 8:22am
EU low of the day, 2nd attempt

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-09-10 at 16.21.21.png Size: 22 KB
tradewith60
  • #210
  • Sep 10, 2015 8:36am Sep 10, 2015 8:36am
Hi 60 !

Thanks for sharing your system. I did'nt take the long on GU due to interest rate annoucement. Took the first long for a loss on EU and the second for +72pips (could'nt resist to exit on the top of this long candle).

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 22 KB
  • #211
  • Sep 10, 2015 8:46am Sep 10, 2015 8:46am
Quoting Fbird
Hi 60 ! Thanks for sharing your system. I did'nt take the long on GU due to interest rate annoucement. Took the first long for a loss on EU and the second for +72pips (could'nt resist to exit on the top of this long candle). {image}
nice work Fbird, not easy to take that second trade! learning to be methodical is key!.

Nothing wrong with a TP there, a decent win during a failry low volatility week might just be an excellent decision.

(your entries and stops are identical to mine - no discretion entries are the way to go, if you see a buy, I should see one and so should everyone else - way too many systems with excuses why they didn't take the trade!)
tradewith60
  • #212
  • Sep 10, 2015 9:17am Sep 10, 2015 9:17am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 46 KB
  • #213
  • Sep 10, 2015 9:24am Sep 10, 2015 9:24am
Quoting Techanalyst
{image}
you're a natural sir!
tradewith60
  • #214
  • Sep 10, 2015 9:54am Sep 10, 2015 9:54am
since the Eur and Gbp already make their highs today, if there is chance, should we jump in and sell it? thx
Never say no to PIPS
  • #215
  • Sep 10, 2015 10:09am Sep 10, 2015 10:09am
Quoting 60minuteman
{quote} For everyone ( without exception ) the market is only a reflection of their believes about themselves and how much they trust what they have created to interpret the market with.There for the market is you and you are the market.How well you are able to control and improve yourself is how well you will be able to do in the market and in life. ... test the system and if you like it come and join our group!
LOL

What sorcery is this , using my own words against me.

I will be doing some back testing regarding this over the weekend.

Please continue to share here and I am sure I will give it a go for a 1 month subscription if the back-testing and some of the results here gives me enough to warrant that(Which I am sure it will) .

Just to clarify and I apologize if you mentioned this before,but just wanted to clarify (and I know everyone needs to take responsiblilty for their own trades) that we all should have about the same entry every time?

Do you give the calls as well or tweet or post when the pending orders are set on your account?

I wish you continue success here

Rooi


PS - Update the first post with your website email if possible ( or I might have missed it )
We miss 100% of the shots we don't take
  • #216
  • Sep 10, 2015 10:43am Sep 10, 2015 10:43am
Quoting Rooi
{quote} LOL What sorcery is this , using my own words against me. I will be doing some back testing regarding this over the weekend. Please continue to share here and I am sure I will give it a go for a 1 month subscription if the back-testing and some of the results here gives me enough to warrant that(Which I am sure it will) . Just to clarify and I apologize if you mentioned this before,but just wanted to clarify (and I know everyone needs to take responsiblilty for their own trades) that we all should have about the same entry every time?...
yes Rooi, we will all see the same trades - the whole idea is not that I am some great trader, it's about learning a simple methodical entry with next to no discretion, then we have some discretion on exit... we don't believe we can read the market we are going down the 'let the odd's play out' route - in other words the reason we lose is not because of the system it is because of us. So I guess some may even go on to trade other systems but with a different mindset about what is important - we're no longer looking for the perfect system that will somehow just win on it's own

I wouldn't say they are call's as such, here are some extracts from the timeline,
Attached Image

Attached Image

Attached Image

Attached Image
tradewith60
  • #217
  • Sep 10, 2015 10:44am Sep 10, 2015 10:44am
Quoting lazyegg
since the Eur and Gbp already make their highs today, if there is chance, should we jump in and sell it? thx
If price has closed down from the current high for the day then that is the opportunity we look for - enter with a breakout below the low of the bar closing down
tradewith60
  • #218
  • Sep 10, 2015 10:55am Sep 10, 2015 10:55am
long GBP/USD - reverse trade, short pending open but not triggered - hoping it will continue long

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-09-10 at 18.53.41.png Size: 15 KB
tradewith60
  • #219
  • Edited 1:02pm Sep 10, 2015 12:49pm | Edited 1:02pm
Possible next levels on AUDUSD...
  • #220
  • Sep 10, 2015 12:54pm Sep 10, 2015 12:54pm
Quoting 60minuteman
{quote} nice work Fbird, not easy to take that second trade! learning to be methodical is key!. Nothing wrong with a TP there, a decent win during a failry low volatility week might just be an excellent decision. (your entries and stops are identical to mine - no discretion entries are the way to go, if you see a buy, I should see one and so should everyone else - way too many systems with excuses why they didn't take the trade!)

Seems that I should have stay a bit more, but 70+ is good profit following the first loss.

By the way, by taking GU short, I'm wondering when you gonna sleep....lol !
2 traders viewing now