I know what investopedia prints. It can't be wrong. I really don't care what you and RJ think and say. have nice day you both

Trading Made Simple

30 years taught me that taking losses is easy and move on. there is no holy grail. there is no 70% to 80%. you have only 10 years trading experience, still long way to go and lot more to learn. yesterday take a loss and look for next opportunity. ...

Trading Made Simple

AUDJPY Jun 26 nice going as Frankfurt open locked positions at BE+ profits... add-on with no loss situation and can sit back relax. image

Trading Made Simple(r)

GBPNZD beware of dead cat bounce .... BRN 1.9000 image

Trading Made Simple

what an idiot! to me the price is falling ..... its falling knife. nothing more nothing less... if you have another definition what is falling knife, keep that to yourself.

Trading Made Simple

GBPNZD Jun 26 adding to a 'falling knife' trade, will be clsoing soon when reach my financial goal for this pair. image

Trading Made Simple

EURJPY Jun 26 H4 waiting for the HMA to cross the 5EMA, then check the Stochastics ... but be careful with the RSI . image

Trading Made Simple(r)

the cost or the risk is the same when you use Position Sizing. if you risk say $500 per trade, then if the SL is 80 pips and say trade size 0.2 lot you lose more trades due to the volatility. if your risk same $500 per trade , then if the SL is 160 ...

Trading Made Simple(r)

on days when there is key news / data release, I would have look at the higher timeframes and see where the established direction is and place y SL above or below the previous 2 days high or low, then do my positions size. news/events reaction ...

Trading Made Simple(r)

USDJPY Jun 26 H4 low risk idea image

Trading Made Simple(r)

correction is good

Trading Made Simple

June 18 and 19 were consecutive bearish D1 but did not close below the Weekly APB Open. started as D1 trade early in the month of May and migrated to Weekly trade and manage as Weekly swing trades. The Weekly APB Open-Close is a good gauge where ...

Trading Made Simple

GBPNZD Week 26 D1 sell trigger 1.9155 ...PATIENCE pays off... build basket with 2 positions during the retracement and then add-on as price moves lower. image

Trading Made Simple

67% say we can make money... so let's do it! image

Trading Made Simple(r)

H6 not according with the rules of this thread? really? H6 is exotic .... my foot! trading works in every timeframe and thanks to MT5 we have more options. READ POSt#1 again 1,000 times. you have very poor reading skills no wonder you can't trade ...

Trading Made Simple(r)

EURNZD H12

Trading Made Simple(r)

GBPUSD H6

Trading Made Simple(r)

it's retail spot forex trading ... image

Trading Made Simple(r)

AUDUSD Jun 25 H4 ... low risk idea... let's see what happens in the next 3 hours till NY opens image

Trading Made Simple(r)