As I;m sure you're aware of the reason for sound Money management and therefore correct position sizing it is key to longevity in this game, due to probability and odds that are working against you from the offset. I'm very confident with this ...

Trading Made Simple(r)

Trade Report for the week. I'm always happy to lock in profits, while others look for more. A bird in the hand is worth 2 in the bush for me, it will never change. This is why I love the ideology of having a target and sticking to it. This month I ...

Trading Made Simple(r)

When we start winning on trades thats when we must become even more negative on potential trades to preserve those profits. But usually we tend to do the opposite . I caught myself about to revenge trade at the start of the week, which means my ...

Trading Made Simple(r)

Yes I've found last week and this week somewhat challenging but the tough days/ weeks that we learn to survive in will make us flourish in the highly liquid good days/ weeks ahead I think it will be like cycling down hill lol Well I hope hahaha ...

Trading Made Simple(r)

Smart move, I honestly, honestly think I need follow suit. Not worth the agro.

Trading Made Simple(r)

I;m currently shorting GBPJPY - Target level 131.80 GBPCAD Target Level 1.6226 LOL GBPCHF winked at me but no thanks, never ever again I understand why RH has/ or had GBPJPY marked as a favorite pair to trade. If it werent for ...

Trading Made Simple(r)

For example GBPUSD I opened at 1.2401 my target would be 50 pips in this instance I mapped TP1 at 1.2350 On trades where I'm happy with momentum and RSI strength as noted on lower time frames, price broke past Support- Fibo 100 1.2383 I added to my ...

Trading Made Simple(r)

Sure, I will assume you have the default Template in place from Post1, I've added the extras I use. There are 3 templates I use this is number 2 in pic. #1 is my default when I open a chart, #3 I use to see Breakout i.e. H,L Support & Resistance ...

Trading Made Simple(r)

100 pips on GBPUSD

Trading Made Simple(r)

GBPUSD/ EURUSD / AUDUSD - All on the move. Ripe for shorting.

Trading Made Simple(r)

From what I can see that setup never completed into an actual continuation on the trend to short it, unless I'm missing something. You would need the HMA to change back to red and the candle to have closed red.

Trading Made Simple(r)

CHFJPY - Long. Ideally one would let price clear Resistance Fibo-100 109,0213

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Beautiful stuff Barraka kudos! @40pipsAlan, not at all.... on the contrary we're all here to help each other doesn't matter how or who

Trading Made Simple(r)

This weeks Trade Report, tried to be a bit more measured in my approach had too much Red last week. Drafted my Trading Rules yesterday I will share with you number 20, last rule on the list Losing trades are part of the game, keep them small and ...

Trading Made Simple(r)

GBP Reminds us of its volatility, Brown RSI is signalling a change price speed and momentum. Proceed with caution...

Trading Made Simple(r)

ÈURGBP - Short: Yes it is the 3rd candle but there is a very strong sell (RSI diving to 4 oçlock) on H4 time frame, also I see a breakout on h1, h4, 1day. But I could be wrong As always one needs to make their own mind up and never just ...

Trading Made Simple(r)

We share and learn together, hopefully always improving Wow, those are some crazy numbers, Akim0895 seems to use the same strategy multiple entries, multiple exits. Also XAUUSD is my favourite pair to trade . If you get a feel for its ...

Trading Made Simple(r)

To be honest it hadn't really crossed my mind, and I didn't dare to think about it, I might get consumed aiming for those numbers LOL However the logic based on what I've suggested earlier should work with correctly increasing position sizing to ...

Trading Made Simple(r)

Will do Alan, once I've managed to make sense of it thoroughly or at least explain a paper prototype of the methodology so that one can understand and try to test it. Besides testing so far includes alot of notes on my part lol... I also want to ...

Trading Made Simple(r)

DrDave and I share an understanding there! I'm working on a concept to dispel this perception of the R Concept (or infact tweak it actually), in my approach one is able to save alot of time and hit a very visible target much faster. I have been ...

Trading Made Simple(r)