Hey pharley,
I would like to ask you, how many currencies do you trade or watch on a regular Basis?
Thx.
D.
I would like to ask you, how many currencies do you trade or watch on a regular Basis?
Thx.
D.
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DislikedHey pharley, I would like to ask you, how many currencies do you trade or watch on a regular Basis? Thx. D.Ignored
Disliked{quote} Hi - all of the majors and most of their crosses - so there's about 22 pairs on my platform currently, plus gold, dax30, ft100, F40 and US30. However, I'd say that most of my trades are on AUDUSD, GBPAUD, GBPJPY, USDCHF and Gold. Oh, and Dax30. Dax30 and gold can provide some huge moves and gains, and much can be said for gbpjpy as well. The AUDUSD, NZDUSD and a few others move less, but are fairly reliable in what they do, i.e. respect price action. Cheers PharleyIgnored
Disliked{quote} Hi Schrupper - for all your trades, try to make sure you're getting at least 1:1 risk rewards or better. Also, remember to look at the higher daily timeframes and draw in major levels of S/R first. I can see the eurcad short was shorting into a support area. From the look of it, it may have worked out, but it's always better to have plenty of room between major S/R levels. I'll post some more pics later today to explain a bit. Cheers PharleyIgnored
Disliked{quote} Ok, I see. one last question. What would you say, how many trades on averages you do every week? Just a number! Thx. D.Ignored
Disliked{quote} Hello , you can please look at what is wrong here . There should only be one instance where I last Sunday the S / R lines would have to draw . Had the entrances to the S / R lines H4 in H1 been correct or wait for S / R in the Daily ? {image} {image} {image}Ignored
Disliked{quote} The AUDUSD wasn't much of a pair to trade this last week. {image}Ignored
Disliked{quote} I only had 2 trades last week, both on audusd. At the end they gave me +0 pips (1 loss 1 win). I most likely wont trade next week either due to all the news regarding gbp. There were some other trades i wanted to take and luckily enough i didn't..it would've resulted in losses because the PA was not good at all, and the market would just range and act weird. Not taking a position IS a position imo . When the dust settles it will hopefully be time to make some trades.Ignored
DislikedHi all, Careful this week trading guys. In case you're bored and want to read some good articles, here are some links. http://www.tradingsetupsreview.com/1...soned-traders/ http://www.tradingsetupsreview.com/n...ng-indicators/ Have a look at this site generally - good info here (no, I'm not affiliated in any way with this one)- http://www.tradingsetupsreview.com/Ignored
Disliked{quote} Hi mate would it be possible for you to show on some of the pairs you trade how do determen if it is trending in realtime and how it is done ? Still struggling with this i guess. Thanks best regardsIgnored
DislikedHi all, Careful this week trading guys. In case you're bored and want to read some good articles, here are some links. http://www.tradingsetupsreview.com/1...soned-traders/ http://www.tradingsetupsreview.com/n...ng-indicators/ Have a look at this site generally - good info here (no, I'm not affiliated in any way with this one)- http://www.tradingsetupsreview.com/Ignored
Disliked{quote} Hi Jgadefelth, The only way I determine if it's trending is to look at the larger timeframes like weekly or daily. I can determine form those charts which way the market is going, and where price is in the market structure. Attached is a pic which is way more messy (too many things on it for me) that shows 3 different ways to show a downtrend. 1. An uptrend channel is broken to the downside 2. Lower highs and lower lows registered 3. EMA50 sloping down. Once you've got overall direction on the high timeframe, then if you want to move to...Ignored
Disliked{quote} Hi pharley, hope you had a good weekend! Been backtesting the strategy and having some ok results with my limited experience. A question i have is trade management: when you stack, you move your first SL to breakeven / at the SL of the 2nd order. So until then, you dont touch the stoploss of the first order? You only move it to breakeven when you see a stacking opportunity, or are there other times when you move your SL to BE without the possibility of a 2nd order? Thanks manIgnored
Disliked{quote} Eu weekly sideways ? and daily in a uptrend ? Thanks for your explenation.Ignored
Disliked{quote} Hi King, When entering a 2nd trade, I move SL from the first trade to the SL location of the second. Sometimes that means the SL on the first trade is in front of entry (I can't lose on that trade), sometimes at BE, sometimes it isn't fully safe yet. No, I don't touch the SL on the first trade until I'm able to enter a second. Note that when I'm looking at trying to get on a good run, my first trade is taken at half my usual risk to minimise losses. If I'm trading what I think is the potential for 6 trade entries, then I move all SL up/down...Ignored
Disliked{quote} HI - see below. I can see eurusd in a rising channel at the moment. But I don't think I'll be trading anything this week. The slightest rumour on the Brexit front may send prices crazy. I prefer to wait until things have calmed down. Cheers {image}Ignored
Disliked{quote} Yes rising channel on daily or 4h. This is basic but i find it hard the trend is also how mutch you zoom in or out and you see things differently so perhapps you have to have rules about how far back you go or zoom out to see the trend. below 4h am not sure weekly play a big role. In a weekly uptrend there is still big retraces that are tradeble on timeframes below 4h, do you agree ? What is a big trend on 15 minutes is just a small retrace on weekly chart or even in 15 minutes if you zoom out more. Best regardsIgnored