thanks 60 minute must have some how deleted my post
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
Disliked60 been reading your old (Buy Sell line thread) hope you do not mind if I post this current chart with it on, I accept you have moved on from that method now but would you like to comment if it adds or takes anything away from this new thread method, nothing 100% but I see some great moves with the Breakout in the same direction as the Buy/Sell line, also if we have moved to far away from it, it then seems like a magnet to meet up with price again, as I type it looks interesting. {image}Ignored
DislikedHello, I recently discovered this thread and have been reading all the notes and watching all the videos. Thanks 60mm for all the work you have put in. I'm still getting a bit confused with stacking and hedging, but I'll revisit the videos, and I'm sure I'll get it in the end! In the meantime, Kumetto, if you don't mind, could you clarify how you ended up with - 31 on GU today? Entries/exits etc. Been looking at the chart you posted, and it would be great to know what trades generated what pips. Thanks.Ignored
DislikedHello, I recently discovered this thread and have been reading all the notes and watching all the videos. Thanks 60mm for all the work you have put in. I'm still getting a bit confused with stacking and hedging, but I'll revisit the videos, and I'm sure I'll get it in the end! In the meantime, Kumetto, if you don't mind, could you clarify how you ended up with - 31 on GU today? Entries/exits etc. Been looking at the chart you posted, and it would be great to know what trades generated what pips. Thanks.Ignored
DislikedHi Kumetto, first thing, do not trust blindly or even half blindly anything I say please, as I do not know anything. <<<Need more work on exits>>> I think you are doing great so far, with whatever exit you pick. I do not know obviously but from reading your posts in that thread, it seems so. You cant have every day positive even if that would be awesome, wouldnt it?!! :o)))) Even every week, even every month I guess. Say that you choose, as your stop loss policy, to close as soon as you have an hourly closing against you (or having a time stop loss...Ignored
Disliked{quote} There are arrows on the chart red is for sell blue is for buy. So first is buy according to classic setup and second is sell or hedge on the previous buy from the high according to classic setup.Third is buy according to classic setup. So first and second finished with loss of -113 pips and third trade is winner and I closed it manualy at +82pips. So overall -31. {image}Ignored
DislikedHi 60 minute am trading the 4 hour on the /yen The last 4 hour candle went down nearly 350 pips my positions at the moment are SELL AT 170.66 BUY AT 166.76 BUY STOP at 163.66 Because of the drop of nearly 350 pips should I go down to the 1 hour time frame and move my buy stop according What I am really asking is With your system do you swap between time frames ie 4 hours to 1 hour and vice -versa {image}Ignored
Dislikedthanks for your input minute man I was tempted to go down to the 1 hour time frame as the /yen was at a 2 year low unfortunately I had to go out for 3 hours so I could not monitor the pairs There was forex factory news out a 13:30 gmt so I kept to the 4 hour time frame If I had gone down to the 1 hour time frame I would have been up 150 pips Any way just keeping to the four hour system and see what happens The nice thing about the yen there is a lot of activity and my broker averages below 4 pips spread I believe you live in Bristol I live in Stroud...Ignored