Attachments: Tim Morge (horizontal)

Tim Morge (horizontal)

#41
Aug 29, 2016 10:26am Aug 29, 2016 10:26am

price777999
| Joined Apr 2010 | Status: Trader | 312 Posts

Quoting stevepatt

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Losing GBP/JPY M5 Long Trade {image}

Ignored

Looks like you have a pretty decent aproach .....are you trading full time ?

I'm thinking about just trading daily charts ....

Cheers

#42
Edited 2:43pm Aug 29, 2016 12:25pm | Edited 2:43pm

stevepatt
Joined Dec 2010 | Status: Never Stop Learning | 7,326 Posts

Quoting price777999

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{quote} Looks like you have a pretty decent aproach .....are you trading full time ? I'm thinking about just trading daily charts .... Cheers

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Hi Price;

I'm no where near a full time Trader I don't think I even want to go there.

I'm a builder by trade and so used to being very practical and hands on I Trade because it exercises my brain.

I've just opened a Journal to keep track of my progress.

http://www.forexfactory.com/showthre...63#post9107463

I used to only Trade Daily Charts but found it very frustrating because of having to wait days for Trades to set up and then being lucky to make more than 1.5R to 2R returns.

I make the same returns now but they happen much quicker on the M5 Charts.

The Market is Fractal in nature so what we are seeing in the Daily Chart is also present in the lower TFs. This is my focus these days.

Like you I want to be able to see all I need to see from the TF I am Trading this is my objective.

#43
Aug 29, 2016 2:04pm Aug 29, 2016 2:04pm

price777999
| Joined Apr 2010 | Status: Trader | 312 Posts

Quoting stevepatt

Disliked

{quote} Hi Price; I'm no where near a full time Trader I don't think I even want to go there. I'm a builder by trade and so used to being very practical and hands on I Trade because it exercises my brain. I've just opened a Journal http://www.forexfactory.com/showthre...63#post9107463 to keep track of my progress. I used to only Trade Daily Charts but found it very frustrating because of having to wait days for Trades to set up and then being lucky to make more than 1.5R to 2R returns. I make the same returns now but they happen much...

Ignored

Hey mate I'm a builder too .....I was trading full time at the beginging of the year .It was tough sitting at a desk all day ,I'll see how it goes on the daily/H4 charts .

Good thing is you can trade about 10/15 different instruments with micro lots.

I'll check your blog mate.

#44
Aug 30, 2016 9:42am Aug 30, 2016 9:42am