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Trade with 60

  • #401
  • Jan 8, 2016 7:00am Jan 8, 2016 7:00am
Quoting 60minuteman
{quote} Hi FD, cut's both ways really - it all depends on what price does next and that is the part we can not predict. So just make a choice and stick to it.
thanks 60mm.
  • #402
  • Jan 8, 2016 3:04pm Jan 8, 2016 3:04pm
Here we're your 2 trades on GU H1 today, simple

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-01-08 at 21.04.02.png Size: 18 KB
tradewith60
  • #403
  • Jan 9, 2016 1:17am Jan 9, 2016 1:17am
Quoting 60minuteman
Here we're your 2 trades on GU H1 today, simple {image}
Hi 60mm,
Yes, closed that one at 90pips.

I tend to move my SL as the trade progress into profit, say after 50 to 70 pips.
and also i close out winning trades on Fridays.

Something i picked up from other forums here on FF. I'm not sure if its a good thing or not...
I don't recall you saying anything about moving SL...

Have a good week end.
  • #404
  • Jan 9, 2016 5:46am Jan 9, 2016 5:46am
Quoting forexday
{quote} Hi 60mm, Yes, closed that one at 90pips. I tend to move my SL as the trade progress into profit, say after 50 to 70 pips. and also i close out winning trades on Fridays. Something i picked up from other forums here on FF. I'm not sure if its a good thing or not... I don't recall you saying anything about moving SL... Have a good week end.
From the rules that 60 minute gave there are no stop losses
If you take a short and it goes down 80 pips then you secure your profit with the hedge once the move turns positive (finding a low of the day)
Of course if you are trading through NFP you might want to take profit before the news
  • #405
  • Jan 9, 2016 5:53am Jan 9, 2016 5:53am
Quoting forexday
{quote} Hi 60mm, Yes, closed that one at 90pips. I tend to move my SL as the trade progress into profit, say after 50 to 70 pips. and also i close out winning trades on Fridays. Something i picked up from other forums here on FF. I'm not sure if its a good thing or not... I don't recall you saying anything about moving SL... Have a good week end.
statistically a wide initial stop tightened later works best - just avoid moving too son. 50-70 on H1 sounds good.
tradewith60
  • #406
  • Jan 9, 2016 5:55am Jan 9, 2016 5:55am
Quoting raylin
{quote} From the rules that 60 minute gave there are no stop losses If you take a short and it goes down 80 pips then you secure your profit with the hedge once the move turns positive (finding a low of the day) Of course if you are trading through NFP you might want to take profit before the news
Hi Raylin, you can trade no-stops - or with stops. It's only really perceived risk that changes.
tradewith60
  • #407
  • Jan 9, 2016 9:05am Jan 9, 2016 9:05am
Inserted Video
tradewith60
  • #408
  • Jan 10, 2016 5:37am Jan 10, 2016 5:37am
Inserted Video
tradewith60
  • #409
  • Jan 10, 2016 7:21am Jan 10, 2016 7:21am
Hi 60,

Every time you present a new Video, it is received with excitement by me,
as I'm looking forward to the hidden nuggets imbued, which are real treasures you present.

I'm very grateful for your patients and dedication.

Thank you with blessings to you.
  • #410
  • Jan 10, 2016 8:36am Jan 10, 2016 8:36am
Hey All...
just finished reading the thread for the second time and watching the videos..all great work..thanks 60.

Also read the FB stuff as far as is possible...very good.

6o?..do you still have cheap seat available?i currently work full-time during the suggested hours..but would like to get the finer dynamics of your method down,which would involve me following up when i get time..is this a possible way to do things...?
  • #411
  • Edited 8:58am Jan 10, 2016 8:46am | Edited 8:58am
can i also get something cleared up in my understanding please..?
once we are in the trade...do we close that trade on reversal signal and reverse trade or do we just hedge and hold the original trade?
Then,If that perceived reversal fails do we take the continuation signal from the original trade?or do we have to wait for the next extreme?
hope that makes sense?
  • #412
  • Jan 10, 2016 8:54am Jan 10, 2016 8:54am
Quoting Menle
Hi 60, Every time you present a new Video, it is received with excitement by me, as I'm looking forward to the hidden nuggets imbued, which are real treasures you present. I'm very grateful for your patients and dedication. Thank you with blessings to you.
very kind Menle, makes it worth while!
tradewith60
  • #413
  • Jan 10, 2016 9:03am Jan 10, 2016 9:03am
Quoting Ryecatcher
Hey All... just finished reading the thread for the second time and watching the videos..all great work..thanks 60. Also read the FB stuff as far as is possible...very good. 6o?..do you still have cheap seat available?i currently work full-time during the suggested hours..but would like to get the finer dynamics of your method down,which would involve me following up when i get time..is this a possible way to do things...?
18 cheap slots left - less than $2 a week..

If time is an issue then going for a Daily or H4 version would be the way to go.
tradewith60
  • #414
  • Jan 10, 2016 9:07am Jan 10, 2016 9:07am
Quoting Ryecatcher
can i also get something cleared up in my understanding please..? once we are in the trade...do we close that trade on reversal signal and reverse trade or do we just hedge and hold the original trade? Then,If that perceived reversal fails do we take the continuation signal from the original trade?or do we have to wait for the next extreme? hope that makes sense?
Entries are set rules, exits are a judgement call - if the reversal happens quickly we hedge, If the initial trade runs we close and reverse.
We only trade what has happened and avoid trying to predict the future - we all know how impossible the market is when we attempt that.

There are also options to stack trades if you prefer to build positions or trend trade.
tradewith60
  • #415
  • Jan 10, 2016 10:13am Jan 10, 2016 10:13am
thanks very much Darren...gonna re read the thread ...
how do i go about signing up....
  • #416
  • Jan 10, 2016 11:39am Jan 10, 2016 11:39am
Quoting Ryecatcher
thanks very much Darren...gonna re read the thread ... how do i go about signing up....
go to tradewith60.com and sign up with paypal and I will add you to the facebook group for the live calls...
tradewith60
  • #417
  • Jan 10, 2016 11:41am Jan 10, 2016 11:41am
All done Darren...loving your trading style..Thanks
  • #418
  • Jan 10, 2016 2:01pm Jan 10, 2016 2:01pm
Go to the thread "Society of Traders Vetting Commercial Members" for more information.

To vet means to investigate. The results of the investigation will prove that a commercial member falls into one of two categories:

1. Legitimate - commercial member has provided performance data on the product or products sold and the data proves profitability.

2. Illegitimate - The commercial member has not provided performance data or refuses to provide such data but continues to sell products and suggesting to buyers that the products will result in profit.

This thread will provide an ongoing and updated list of the most active commercial members and label them accordingly: 1. Legitimate 2. Illegitimate

Here is a beginning list of some of the most active commercial members here at Forex Factory.

I am inviting any of these commercial members to now provide evidence that the products they sell have and still are resulting in profit via an account they or the website actively manages.

JAMES 16
SUPPLY AND DEMAND IN A NUTSHELL BY ALFONSO MORENO
SPIDER'S DEN
STRAT'S LONG TERM STRESS FREE TRADING
TRADE WITH 60
  • #419
  • Jan 10, 2016 4:32pm Jan 10, 2016 4:32pm
Quoting Winston Reed
Go to the thread "Society of Traders Vetting Commercial Members" for more information. To vet means to investigate. The results of the investigation will prove that a commercial member falls into one of two categories: 1. Legitimate - commercial member has provided performance data on the product or products sold and the data proves profitability. 2. Illegitimate - The commercial member has not provided performance data or refuses to provide such data but continues to sell products and suggesting to buyers that the products will result in profit....
Bet you get banned for stirring up a hornets nest with a topic which could impinge upon this sites advertising revenue
every Saint has a past. Every Sinner has a Future
  • #420
  • Jan 10, 2016 5:58pm Jan 10, 2016 5:58pm
Quoting turnip15
{quote} Bet you get banned for stirring up a hornets nest with a topic which could impinge upon this sites advertising revenue
​Oh my God Turnip! Thanks for the heads up! And here I thought 60 was making money by trading. My mistake!
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