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60minuteman replied Feb 5, 2013M5 trade long on GJ this morning... check the R/R on that beauty
if you missed it there was also OB or a CROSS TRADE on H1Buy sell line trading
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60minuteman replied Feb 5, 2013Nice trades everywhere today, especially H1 and M5 entries on the yen pairs in London M5 EJ trade
Buy sell line trading
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60minuteman replied Feb 5, 2013yeah probably not the best example, being a bit lazy... but point being, its never a fake break out, thats misleading.. if you think its a fake break out you've either read the trend or the higher tf s/r wrong
How Do You Identify A Fake Breakout?
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60minuteman replied Feb 5, 2013Higher tf s/r... If price breaks short then goes long hard it's definitely breaking down to the s/r point to go long.. charts GJ today... H1 breaks short in london, everyone piles in short giving the liquidity for the long move....daily s/r hits... ...
How Do You Identify A Fake Breakout?
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60minuteman replied Feb 5, 2013you're young, be smart and get some real education, get a mentor... a good one... url
How to get motivated?
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60minuteman replied Feb 4, 2013For longs I trail behind the low of the previous h1...Then I only trail the stop when a new high is made..
Buy sell line trading
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60minuteman replied Feb 4, 2013Hi Bryn... yeah I was on nakedforex but nobody seemed interested, so I dropped it... mmmm... Im really not an expert on the market as such, so would feel wrong advising you. I'm more of a pattern recognition guy really... I think you want to go and ...
Buy sell line trading
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60minuteman replied Feb 4, 2013very hard to say in pips terms because I trade a lot of oil and gold, and 100 pip h1 is not out of the ordinary on them. Also, monday tuesday are more likely to be small losses or small gains than wednesday onwards... I think you can definitely make ...
Buy sell line trading
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60minuteman replied Feb 3, 2013Asia looked less reliable, but I was hitting a decent win in London and NY sessions and then calling it a day..so didnt really consider trading again.. p.s this again is one of those entry ideas where you might even go as low as 40% win rate... but ...
Buy sell line trading
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60minuteman replied Feb 2, 2013had these discussions before...its the same mentality that only ever employed football coaches who could play football... dumb thinking, dumb money
If it's such a great system, why isn't there a Trade Explorer attached?
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60minuteman replied Feb 2, 2013good, everyone should really.. It's about the best source of information on the internet where you can learn what works and what doesn't... if we all had to rely on the 1 sided commercial sites it would only make things harder for us all..
If it's such a great system, why isn't there a Trade Explorer attached?
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60minuteman replied Feb 2, 2013expanding on concepts and ideas that are grounded in logic is not always a bad thing, most of the pro traders are constantly looking at variations, improvements to their style of trading... I have 4 or 5 different styles of applying the basic ...
If it's such a great system, why isn't there a Trade Explorer attached?
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60minuteman replied Feb 2, 2013it's going to take you months to find out if the system is profitable or not???? really? you're doing something wrong then
If it's such a great system, why isn't there a Trade Explorer attached?
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60minuteman replied Feb 2, 2013there you go again concerning yourself with the thread starter.... it isnt a competition, its you against you.. surely you should be focussing on your own trading. Just stop and ask yourself why your brain is telling you other traders earning ...
If it's such a great system, why isn't there a Trade Explorer attached?
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60minuteman replied Feb 2, 2013any normal trader, trader being the important word... would test the system for himself and not rely on another persons ability to trade it for confidence. whereas a noob who still hasn't really discovered what trading is really about wants to see ...
If it's such a great system, why isn't there a Trade Explorer attached?
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60minuteman replied Feb 2, 2013im just saying to look at it that way... it's just a game of probabilities. A few can work the precise point in a s/r cycle, but most will make as many mistakes doing that as they will get it right... so again it just comes down to probabilities. In ...
Buy sell line trading
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60minuteman replied Feb 1, 2013yeah all we really need to know are the high and low of the days...and wether price went up or down...
Billion Dollar Day video analysis
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60minuteman replied Feb 1, 2013couple of the new 'Bangkok Trade' entries on EJ M5 today.. 1.Previous day closed up, 2.H1 was trading above the ma's, 3.wait for m5 to cross below the ma's then close above both. stops the other side of the ma's, 2nd entry had nice 6/1 R/R... been a ...
Buy sell line trading