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Davit replied Sep 24, 2012I am skeptical of your honesty of your statements. 3-7 pips loss on 5min? Its a lough. On every hour they are probably 15-20 pips spikes on 5min chart that would easily eat whatever profit you think you might make. If you place your stops too close ...
Stomach system
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Davit replied Sep 24, 2012Not to rain on your parade good trader trading for a while knows relying on lagging indicator to make money on 5min chart is a losing proposition worse dragging newbies along the way. Funny instead of learning how to trade you actually tried ...
Stomach system
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Davit replied Sep 24, 2012Closed my short with +40 pips. No open trades. FOMC William speaks in 2hrs so staying out.
Simple Money Making Method
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Davit replied Sep 24, 2012No trades for me now. I don't short Aussie below 1.040 or close to it.That's just my preference unless there is a confluence of Euro going down as well.
Simple Money Making Method
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Davit replied Sep 24, 2012MA is just a lagging price data.Keep that in perspective.
Simple Money Making Method
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Davit replied Sep 24, 2012Just an interesting observation to self that could be useful to others. Instead of 10-15 average,below average trades take one great trade and compound it only if it breaks major S/R level. Right now to me is a indecisive market confused to go up or ...
Simple Money Making Method
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Davit replied Sep 24, 2012funny I see the opposite. GU and EU both looking SELL
Simple Money Making Method
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Davit replied Sep 24, 2012I am going to share a method I use which help develop Day bias. I consider NY close at 5pm as New day.At 5pm I record the price and I give 3-5 hrs to see which way Price is moving.I noticed generally but not always Asian bias is carried over to ...
Simple Money Making Method
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Davit replied Sep 23, 2012Hi everyone. Took a short on GU Green line is my "watch" target line.If it breaks 200EMA then I will let it ride to 6150 again watch 6150 if breaks 61 could be a potential target.This is risky trade as London could decide to go long. Closed my trade ...
Simple Money Making Method
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Davit replied Sep 22, 2012Word of caution for newbie traders (lot of them on this thread) If you are get rich quick crowd you are already lost.No system will help you. 2 traders looking at the same set up may take different approaches depending on experiance. If you think ...
Simple Money Making Method
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Davit replied Sep 21, 2012Correct. You are right perhaps I should not post my trades if not relevant to this system. I will refrain posting set ups if not according to this system. Having said that look where 72/12Ema meet on the right. 4468
Simple Money Making Method
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Davit replied Sep 21, 2012I placed Short on Aussie. 4702 Notice on my chart Aussie daily range. Just wow.Compare that to cable and you'll see why Cable is not worth trading most of the times.
Simple Money Making Method
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Davit replied Sep 21, 2012Aussie having tough time breaking 47 Looking at that
Simple Money Making Method
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Davit replied Sep 21, 2012Fridays are weird.If No news either Buy frenzy or Sell. I closed my longs with 25pip+ on UCAD just in time because it dived. I don't see anything worth trading now unless you want to go Long on Euro or Cable both to me highly suspect for sudden ...
Simple Money Making Method
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Davit replied Sep 21, 2012Good evening everyone! My live trades Long UCAD 9750 2lots Long Ucad 9736 1lot These are my personal trades that have no relation to this system.
Simple Money Making Method
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Davit replied Sep 20, 2012Even though its a great set up I don't like where the Price is.You are shorting at the bottom in my opinion hence lot more risky. Momentum is up. I would wait for better set ups personally Got to go to work.See yeah guys
Simple Money Making Method
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Davit replied Sep 20, 2012Hi Saravana,Adrian,Yeoman the gang here. I think once we get tight here together we can easily find great trades.6 or more eyes are better then one.It was a great day last night.Everyone who took shorts on dollar pairs made money. To those who said ...
Simple Money Making Method
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Davit replied Sep 20, 201212 hours today screen time.Beginning to get droussy. Sorry mate
Simple Money Making Method