Hello Richard. Yes, you are right that the method you take the trades by is less important than the trade management so feel free to add whatever you like to your analysis. To answer your questions... I have no min or max for a basket, I monitor all ...

Seventh Wave Trading (maybe it IS rocket science after all?)

Hi Rich, I'll answer this over at the new thread if that's ok. url

The Seventh Wave

Just spotted this on eurcad so put in a pending order. It's only 10 pips away.

Seventh Wave Trading (maybe it IS rocket science after all?)

Monday morning, added gbpnzd, I'm short gbpusd already and this looks ok too. I'll check back in around 11 for my 4 hour candle close.

Seventh Wave Trading (maybe it IS rocket science after all?)

This rings a bell, take a look at what I have been doing, Seventh Wave trading in Trading Journals. I've thrown systems out of the window and just open trades based on trend, large round number s/r and 1 ma. The difference is that I open trades on ...

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You're all heart, thanks for your help.

Best broker for my needs?

I like the sound of your method, what is the calculation of the ABCD levels? I'm guessing maybe A=100%, D=0%, B=66% and C=33%? I'll keep an eye on this.

Rags To Riches

Here's something for you. If you haven't seen this already then I am shocked and surprised in equal measure. url This is an awesome tool. I recommend you use it to go through daily charts and see just how many times you can "guess" the direction ...

Seventh Wave Trading (maybe it IS rocket science after all?)

Agreed, answered in your thread.

Seventh Wave Trading (maybe it IS rocket science after all?)

My entry rules are... if it's trending, jump on. I use small position sizes so I can afford to be wrong on lots of trades but be right on only a few and still make money overall. I believe if you are trading with the trend then you just need ...

Easiest way to lose 150 bucks

If you want my advice just forget about systems completely. There is absolutely nothing that will tell you in which direction a currency pair will move in the next 1, 5, 60 or 1440 minutes. Your best bet is to look into trend trading, support and ...

Any good systems to look into?

Hi, sounds like you trade similar to me. I open trades on all trending pairs and just close the ones that go against me and hold the good ones. Good luck with your trading.

Easiest way to lose 150 bucks

Here are some new trades for the next week, I'll add more on Monday.

Seventh Wave Trading (maybe it IS rocket science after all?)

Had an EA problem and all trades closed by accident. Oh well, have to start again. No big deal, banked a profit.

Seventh Wave Trading (maybe it IS rocket science after all?)

Here are my current trades. I was expecting the chf to weaken more than it did but I think I will hold these trades open a while longer and see what happens.

Seventh Wave Trading (maybe it IS rocket science after all?)

I'm going to be opening baskets of trades in a similar way to before but the intention now is to hold the good trades until the main trend reverses and just closing out the bad trades when they really show no sign of working out. I will be taking ...

Seventh Wave Trading (maybe it IS rocket science after all?)

If you take a look at the chart above you will see a nice move down on eurusd. The annoying thing is that I had an entry just below 1.30. If I'd have held the trade open I would be nearly 300 pips up now. Looking back through the charts and my last ...

Seventh Wave Trading (maybe it IS rocket science after all?)

New thread here for Seventh Wavers... url

The Seventh Wave

Well I've had a look and I'm not sure how you've managed to lose a basket? I always tweak mine if they are not looking so good and close bad trades and open new ones. The past few days the tweaks have just been opening new trades as I've been lucky ...

The Seventh Wave