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Trade with 60

  • #861
  • Aug 25, 2016 7:00am Aug 25, 2016 7:00am
Quoting S_Ferrer
Hi 60, As usual, some awesome content. Took me a while to get my head around the concepts here (especially around buying/selling the LOD/HOD), but this is a really excellent way of trading (or gambling, to be honest - there is nothing wrong with that word) I've been pushing a small account around for the last week or so playing with the concepts. It's all clicked on the last few days, so I'm based on H4 (or maybe H6/H8 depending on the day) and for now E/U only. The account is in "green pips" overall. Currently hedged - short from the high of the...
Welcome S and great post,

the hardest part is understanding the concepts and it takes a bit of a mental leap because of all the mis-info out there. Once you have that belief it is really a case of playing with the management ideas until you can settle on something that feels good and works for yourself. In our group everyone has their own little take on it, different timeframes, different management ideas and weekly targets - but we all have a high possibility of making money when the market moves and low when the market doesnt - and nobody can avoid that even though they might believe they can. If you ever need some help or my opinion on ideas then feel free to p.m me - best advice going forward is work more on yourself than the strategy, make a journal and write honestly about your losses and mistakes, learn to lose well and learn where your weaknesses lie... good luck..

p.s I got the EU h4 swings too this week - hit my weekly target early on wednesday morning
tradewith60
  • #862
  • Aug 25, 2016 7:15am Aug 25, 2016 7:15am
1.Buy when price is going up, when there is evidence that buyers are entering the market,

2.Sell when price is going down, when there is evidence that sellers are entering the market,

Only manage or exit your trades when there is evidence that point 1 or point 2 are no longer valid...

Participate in the movement of price do not try and predict it - you're not designed to be good at it...

The reason that a huge majority of traders never make money is because they are incapable of thinking differently, read market wizards, how many of these traders mention the sort of predictive technical approaches that dominate these forums?
tradewith60
  • #863
  • Aug 25, 2016 7:59am Aug 25, 2016 7:59am
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tradewith60
  • #864
  • Aug 25, 2016 9:33am Aug 25, 2016 9:33am
Quoting 60minuteman
https://www.youtube.com/watch?v=kr9VY6L9pnM
Thanks for the free videos they really are insightful and helpful. I am currently contemplating on joining your group but I don't want to become distracted by everyone doing different stuff that takes away from the core approach you teach. As you know many groups and threads began to move away from the original teaching and before you know it everyone is following this person or that person. This is why I appreciate this thread because it stays true to your original teaching and core approach. So thank you for continuing to keeping this thread alive with current info and not abandoning it like so many others do.
  • #865
  • Aug 25, 2016 10:19am Aug 25, 2016 10:19am
Hi All,

Here a daily TF video of trading the Price at a few currenciepairs and commodities.
Join our group.
www.tradewith60.com

here is the link :
Inserted Video
  • #866
  • Aug 25, 2016 10:39am Aug 25, 2016 10:39am
Quoting Checkz
{quote} Thanks for the free videos they really are insightful and helpful. I am currently contemplating on joining your group but I don't want to become distracted by everyone doing different stuff that takes away from the core approach you teach. As you know many groups and threads began to move away from the original teaching and before you know it everyone is following this person or that person. This is why I appreciate this thread because it stays true to your original teaching and core approach. So thank you for continuing to keeping this...
Thanks Checkz - I know what your saying and being in a group is not for everyone anyway, sometimes just having one person you discuss your trading with is enough. I can assure you though we all take exactly the same entries and just choose to manage the exits in different ways, which I whole heartedly encourage anyway. This thread will not die but I will be opening a followed account later this year that people can follow - same system...
tradewith60
  • #867
  • Edited 3:50am Aug 26, 2016 3:49am | Edited 3:50am
Quoting 60minuteman
{quote}If you ever need some help or my opinion on ideas then feel free to p.m me - best advice going forward is work more on yourself than the strategy, make a journal and write honestly about your losses and mistakes, learn to lose well and learn where your weaknesses
Thanks for the response, D.

Absolutely, I will definitely be in contact as I move along with this, thanks for that.

Will keep this going for a few weeks & further internalise the system. A journal is a really positive thing, and something I've been updating.
  • #868
  • Aug 26, 2016 8:51am Aug 26, 2016 8:51am
August was a waste of time - that's how it goes sometimes

H4 H1
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Daily
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tradewith60
  • #869
  • Aug 26, 2016 8:57am Aug 26, 2016 8:57am
Quoting 60minuteman
August was a waste of time - that's how it goes sometimes H4 H1 {image} Daily {image}
Hi 60,

thanks for sharing. Which pairs are you trading on H1 and on H4?

Thanks.
  • #870
  • Aug 26, 2016 9:07am Aug 26, 2016 9:07am
Quoting lifon
{quote} Hi 60, thanks for sharing. Which pairs are you trading on H1 and on H4? Thanks.
On H1 you need to consider your sleep pattern/timezone - So I was trading GU/EU because I am mainly based in the UK - You want to be trading when the central banks of your choices are active.

On H4 any pair with good liquidity are good - I am currently trading GJ, GOLD, OIL and a little EU
tradewith60
  • #871
  • Aug 27, 2016 6:33am Aug 27, 2016 6:33am
We see patterns - these wont help you unless you're able to see the bigger picture

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tradewith60
  • #872
  • Aug 27, 2016 8:33am Aug 27, 2016 8:33am
more chart patterns

UP
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DOWN
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tradewith60
  • #873
  • Aug 27, 2016 11:27am Aug 27, 2016 11:27am
Traders like to make assumptions, so let's make some:

most traders use some basic technical analysis using SR, price action - various mixes, all essentially the same thing

most traders use a fixed trade size for every entry - say 1 or 2% of account

most traders use some sort of fixed target using RR or maybe SR

most traders take some notice of news

most traders, 90+% lose...

You want to be in the 10%, not a 'most' trader - you have to do things differently, you have to start seeing trading differently...
tradewith60
  • #874
  • Aug 31, 2016 10:21am Aug 31, 2016 10:21am
Wednesday 4pm, target hit for the week and summer trading completed... Only 2 bad weeks, pretty pleased with my performance

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  • #875
  • Sep 3, 2016 6:44am Sep 3, 2016 6:44am
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  • #876
  • Sep 6, 2016 10:41am Sep 6, 2016 10:41am
hello,
i just found this great thread.
satisfied with my trading strategy, but still looking for improvements and new sights.
and your simple approach fits to my trading philosophy. will keep reading.
trading is like dancing, don't think and just listen to the music!
  • #877
  • Sep 6, 2016 1:14pm Sep 6, 2016 1:14pm
Quoting birdland
hello, i just found this great thread. satisfied with my trading strategy, but still looking for improvements and new sights. and your simple approach fits to my trading philosophy. will keep reading.
thanks birdland, welcome
tradewith60
  • #878
  • Sep 7, 2016 11:10am Sep 7, 2016 11:10am
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tradewith60
  • #879
  • Sep 8, 2016 4:27am Sep 8, 2016 4:27am
Just wanted to say hi.I'm still on this since December 2015. Great job Darren keep it going.
Here are my last Oil and EJ trades on D1
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Trade with 60
  • #880
  • Sep 12, 2016 7:45am Sep 12, 2016 7:45am
Some back testing on H4 over the weekend with either fixed exit/management rules or a pip target of 100 and close out for the week.

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tradewith60
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