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Trade with 60

  • #461
  • Jan 28, 2016 2:08am Jan 28, 2016 2:08am
Quoting forexday
{quote} Good morning kumetto, The long trade closed in a loss The short trade i closed manually for 25pip profit, i should have left it open but i just got tired of this trade not moving all day. How you doing with your trading?
Good morning.Well i closed the trades EU -2 pip net and GU +40 net profit just after Crude oil and other red news NY time.I didn't traded FOMC and rate decision.
Trade with 60
  • #462
  • Edited 2:26am Jan 28, 2016 2:11am | Edited 2:26am
Quoting forexday
Hi 60mm, Took this on a daily chart. Is this how you would trade it.. If you have a video trading this method on the daily tf, i would love to see it. Thank you. {image}
Watch this video http://www.forexfactory.com/showthre...29#post8680629 At the end he explains how to trade daily
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  • #463
  • Jan 28, 2016 2:33am Jan 28, 2016 2:33am
Quoting kumetto
{quote} Watch this video http://www.forexfactory.com/showthre...29#post8680629 At the end he explains how to trade daily
Thank you kumetto..
I must have missed this video. Will watch it tonight.
Love trading this method. Its so simple. I think this is pure price action trading.

It's difficult to work and trade the H1 at the same time.
  • #464
  • Jan 28, 2016 2:34am Jan 28, 2016 2:34am
Quoting forexday
{quote} Thank you kumetto.. I must have missed this video. Will watch it tonight. Love trading this method. Its so simple. I think this is pure price action trading. It's difficult to work and trade the H1 at the same time.
Wish you green pips
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  • #465
  • Jan 28, 2016 3:05am Jan 28, 2016 3:05am
GU buy stop
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 42 KB
Trade with 60
  • #466
  • Edited 8:09am Jan 28, 2016 7:51am | Edited 8:09am
Done for today.Total in pips GU+EU 51.Not bad.I think It will produce more but no time to watch need something to do .Green pips to all
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 35 KB
Click to Enlarge Name: GBPUSDH1.png Size: 36 KB
Trade with 60
  • #467
  • Jan 28, 2016 8:31am Jan 28, 2016 8:31am
Quoting kumetto
Done for today.Total in pips GU+EU 51.Not bad.I think It will produce more but no time to watch need something to do .Green pips to all {image} {image}
well done Kumetto!
tradewith60
  • #468
  • Jan 28, 2016 8:47am Jan 28, 2016 8:47am
Quoting 60minuteman
{quote} well done Kumetto!
Thx 60.Do you ever traded GJ with this method?
Trade with 60
  • #469
  • Jan 28, 2016 8:50am Jan 28, 2016 8:50am
That GU trade was Asian session high break too 2 in 1.Very good setup
Trade with 60
  • #470
  • Jan 28, 2016 5:07pm Jan 28, 2016 5:07pm
Quoting kumetto
{quote} Thx 60.Do you ever traded GJ with this method?
No, but any chart that plots highs and lows will make the same zig zag pattern. You can trade anything, any timeframe.
tradewith60
  • #471
  • Edited 4:07am Jan 29, 2016 2:17am | Edited 4:07am
GU short
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 28 KB

EU long triggered
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 28 KB
Trade with 60
  • #472
  • Jan 29, 2016 4:51am Jan 29, 2016 4:51am
Quoting kumetto
GU short{image} EU long triggered{image}
nice move on your GU there mate - no analysis required...trend,price action, SR... pahhh who needs it
tradewith60
  • #473
  • Jan 29, 2016 5:15am Jan 29, 2016 5:15am
I have had a solid start to the year, 54% win rate - too low for most retail traders who believe the market can be predicted - but for me a little higher than I expect.

The movement of the market although not caused by randomness is essentially random. Any patterns created are so complex that an ability to accurately predict the future based off them is next to impossible. (the research has been done over and over again - technical analysis and indicators in every conceivable combination have been tested and hold no edge at all - the research is out there if you want to find it.) So the only edge we have is the movement of price and participating in it - if the market moves there is opportunity - if you are part of the movement you just need to make a judgement call when to take your profit... this is how you make a winning mindset in a completely uncertain endeavour.

Remember - you are risking money for gains on an uncertain event - you are gambling - accept it and use an edge that is real,

have a good weekend everyone

Attached Image
tradewith60
  • #474
  • Jan 29, 2016 5:21am Jan 29, 2016 5:21am
Quoting 60minuteman
{quote} nice move on your GU there mate - no analysis required...trend,price action, SR... pahhh who needs it
Absolutely You're damn right.
Let's see if this will be opposite pattern from yesterday move on GU
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 31 KB
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  • #475
  • Jan 29, 2016 5:22am Jan 29, 2016 5:22am
Quoting 60minuteman
I have had a solid start to the year, 54% win rate - too low for most retail traders who believe the market can be predicted - but for me a little higher than I expect. The movement of the market although not caused by randomness is essentially random. Any patterns created are so complex that an ability to accurately predict the future based off them is next to impossible. (the research has been done over and over again - technical analysis and indicators in every conceivable combination have been tested and hold no edge at all - the research is...
Thank you and have a nice weekend too
Trade with 60
  • #476
  • Jan 29, 2016 5:23am Jan 29, 2016 5:23am
Nice article on TA

http://www.forbes.com/sites/rickferr.../#72d863b2e412
tradewith60
  • #477
  • Jan 29, 2016 5:32am Jan 29, 2016 5:32am
some forex music

Inserted Video
tradewith60
  • #478
  • Jan 29, 2016 5:36am Jan 29, 2016 5:36am
Quoting 60minuteman
some forex music https://www.youtube.com/watch?v=TnfHdZrmMAw
Nice song
Trade with 60
  • #479
  • Jan 29, 2016 5:54am Jan 29, 2016 5:54am
Inserted Video
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Continuation
Trade with 60
  • #480
  • Edited 7:41am Jan 29, 2016 6:01am | Edited 7:41am
GU buy stop added and SL set at BE with buy stop
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 30 KB

Took 95 pips manulay which is close to my hard stop of 100 pips .Which is more than enough for me.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH11.png Size: 37 KB

No hedging in Friday EU Stopped at be +6pip
Done the day for 101 pips.Have a nice weekend all.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH11.png Size: 39 KB
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