image 2 trades, 2 Buys, 1 Loss, 1 Win

Intraday Pound Trades on 5min chart [GBPUSD]

image update: Sell Win 2 Losses 3 Wins

Intraday Pound Trades on 5min chart [GBPUSD]

image 2Losses 2 Wins -4 pips

Intraday Pound Trades on 5min chart [GBPUSD]

That's not hedging, Using your example you'll be better off doing this: wait 4 the market to go up 5 pips, buy stop order is set there, ok you are now Long, "let it ride to target" as you say.

Just learned about hedging, does anyone use it for scalping?

image 2 Trades, 2 Buy, 2 Wins Break of Minor Trendline Enter, Doji didn't break Major upper Channel Trendline Exit. RR 1.4X RR 2.0X

Intraday Pound Trades on 5min chart [GBPUSD]

image First 2 trades, 2 Losses in a Row means my Day is over...I also stop trading if I have 4 losses throughout the day. missed Bull Flag test also...

Intraday Pound Trades on 5min chart [GBPUSD]

image Ok this is my Final Trade of the day. I was Journaling my trades in MSExcel, and I saw this Sell Opportunity. A Confluence of Support becoming Resistance and Fib 23.6% at Price 1.3156 A Break of a Steep Trendline, to form a possible new ...

Intraday Pound Trades on 5min chart [GBPUSD]

image I'm Done, I've missed 3 setups in a row, hoping news would trick sellers with stop run, but no, all setups were perfect with no interruption. I don't know whether its because I'm conscious that I've got an online journal, or I would have ...

Intraday Pound Trades on 5min chart [GBPUSD]

Win, Sell Large Down Bar after Bear Flag, Return 1.8X Return, GBP news releases in next bar so I exited. image

Intraday Pound Trades on 5min chart [GBPUSD]

Looks like a Fibonacci negative progressive staking Money management you have got there. Be Careful...

Growing a £500 Forex Trading Account

In a Casino you get free drinks and you might have some fun.

the difference between a broker and a casino?

image 1st Loss Close inside 50SMA, 2nd Buy Large up bar 3rd Buy Large up Bar, messed up the exit, took SL 3pips prematurely and paid the price, BE. 1.3149 was my target. If I make mistakes, I don't trade on, Tomorrow

Intraday Pound Trades on 5min chart [GBPUSD]

If AXi UK have given you 500:1 leverage and you wasn't meant to have it, then you are very lucky and shouldn't snitch on Axi. you need $450,000 EUROS Liquid in Cash/Shares to Qualify, also you must apply for a Professional Account/Wholesale.

converted from a retail to a wholesale client

Good Broker overall:, spreads, comms, withdrawal, customer support ok.

Experiences with FxPro

Explain the context, is it a UK FCA regulated broker. Are you a professional client?

converted from a retail to a wholesale client

Hello Alex, I used to follow Institutional advice 6-8yrs ago for trend trading, eFX news had the pdfs from all the FX Research Desks such as Banks, Brokers. However I found They were no better than a DAILY 150SMA/200EMA and were not good when the ...

Institutional trade recommendations

I don't possess any algos that have any Negative Progressive Staking such as Martingale or Fibonacci.

Hedging Martingale is the best Strategy ever...

Instead of Martingale you can use Fibonacci Staking: 1, 1, 2, 3, 5, 8, etc... TP must be approx 1.6Risk

Hedging Martingale is the best Strategy ever...

image DOH! I hate when this happens...finished 4 the day.

Cable Update (GBPUSD)

Your Microsoft Office Skills are better than mine...

Forex Trading Journal spreadsheet