That actually was not a bad trade. There was a big news release for the GBP that caused the pike. Happened to all GBP trades..

Simple Simon Balance Line Trading

I was talking about the indi that shows the distances for each pair to the blue line..Thanks

Simple Simon Balance Line Trading

Do you mind sharing your indicator? Seems very handy

Simple Simon Balance Line Trading

Just took this live trade. See how it goes.

Simple Simon Balance Line Trading

My first live trade of the week. I dont care if it turns to a looser or winner. I want to have it right..

Price Action Trading with Indicators! The Freebie System

Keep in mind folks. Price does not go in the certain direction just because there is a TDI cross, but the TDI cross occures because price goes in a certain direction.

Trading Made Simple

You can not trade pennies on Mt4 platforms. The smalles t lot size on Mt4 is 0.01 which is 10 cents per pip. However you can trade 100 units with Oanda which equals 1 cent per pip. Watch the Mt4 for signals, execute your trades with Oanda..

Trading Made Simple

If you are at the office or in a environment where you have no access to metatrader and like to check your charts, here is a solution for oanda( or other platform users): - Add Rsi13 to your chart (color to black so you dont see it) - Add SMA 2 to ...

Trading Made Simple

Blessings to BigE( also Dean Malone) for introducing us the power of Tdi. As I mentioned earlier, we now know how to make money...How we manage and run the money is up to "us". Discipline and management is the key..There will be losses..(like this ...

Trading Made Simple

Do not demo. Open a $200 account and use pennies. It will save you years to get the discipline and mental strength, trust me. Learn how to handle stress. Real money changes things....

Trading Made Simple

I wonder why some readers have 7-8 open trades at the same time. Even it is a demo for some, this a a very bad idea. Trading is not a shoot and kill video game. Be selective with the trades you take. Always look for a reason not to take the trade. ...

Trading Made Simple

I never suggested to look at higher time frames because they are the most lagging indicators. I said if you trading the H4, looking at the Daily will not do any good, because the distance is too short. Look at the weekly at least to see direction..

Trading Made Simple

Pivot line is what i take....

Trading Made Simple

This was not a bad entry..I would stay and see how it goes..Even if you loose, call it "business expense or operating cost or overhead"...There will be losses..

Trading Made Simple

I am attaching a monthly pivot for you, that will keep your chart clean as crystal. Clutter just confuses us..Kudos to futurespec who modified it for me. Make sure you change the pivot color if you using a black background.

Trading Made Simple

Love it when people use monthly pivots on Daily charts...These lines you see, never lie..Just watch them

Trading Made Simple

No you dont, but you got 2 opposite signals at the same time..

Trading Made Simple

I appreciate everything...This is exactly what I needed.

Need Monthly Pivot Indicator for X amount of bars

Here is my only H4 trade for tonight. Up 24 pips, need another 17 to get out...Very nice low risk, high reward trade.

Trading Made Simple

Very good point Bez..Best case scenario you will make 56 pips, risking more than 90.The R:R sucks..Thats why i didnt like it..

Trading Made Simple