AU retrace im watching H1

Buy sell line trading

Here's my current EU H1 chart with the first 2 daily levels I am watching... a nice engulf or type 2 at these levels would be nice

Buy sell line trading

Hi California, thanks for this post, it outlines exactly what I have been trying to put across.. consistency is not just about a high win rate.... you dont need to win every time for profits. You can have many small losses and a few big winners. ...

Buy sell line trading

here's the webinar that porki pie mentioned on building a risk model... this is a step you can not skip!!! watch it... Do it! url

Buy sell line trading

every single trader on the planet does exactly the same thing... when you break that desire to win every trade (which is whats really going on in your head) then you will be one step closer... if not at the finish line.. As an exercise (on demo) ...

Buy sell line trading

[quote=Porkpie;5711989] Yeah I got lots from it myself Porkpie... I urge everyone to do one..

Buy sell line trading

Touching more on making simple strategies... you could just trade the engulfing and type 2 entries from s/r or you can draw trendlines against the trend, stop over the swing etc etc... Your strategy can be very simple... and moreover it should be ...

Buy sell line trading

[quote=ukmartin;5711414] The training course is with specialist trading run by Steve Primo. Would you get anything from it? that's a good question, and it really depends where you are at in your trading.... Trading strategies are actually fairly ...

Buy sell line trading

PG here is an example of my new slant on buy sell trading... Daily is in a strong downtrend, lovely steep slope on 50sma.. Looking to sell h1 engulfs at the high of retraces to daily s/r lines Again I must stress, there's hundreds of ways to trade ...

Buy sell line trading

Hi Pg... I'm continually tweaking my way of trading these ideas, I keep lots of data on my trading and I'm always open to changing techniques based on the market conditions. Right now with the strong trends I do this.... First I use the 50sma on ...

Buy sell line trading

1. to double your money so quickly it sounds like you were risking too much... 2. sounds more like you were range trading rather than trend trading. 3. have a look at building risk models for any strategy.... have 5 losers on the trot isn't always a ...

Newb looking to be pointed in the right direction

I know some of the members on the specialist trading course swear by this... but its not something I do. But when there is a strong trend, like in the dollar crosses now I just wait for the trades with the dominant trend... for instance if h1 ...

Buy sell line trading

yeah... i should of said im looking to increase my r/r and im prepared for win rate to fall to achieve that... but you know what i mean...

No SL No Leverage Strategy - working so far

i agree totally, people just can't accept losing trades, they want high win rates and as such close their winners too soon.... Nobody looks at risk models and likes to accept hard facts and figures. That's why I'm trying to reduce my win rate... ...

No SL No Leverage Strategy - working so far

I think better people will make better traders... call it Karma if you like, but i agree on this point.. Its no coincidence that companies that act in an immoral way will sooner or later lose everything they gain... look at Enron. I think system ...

The 3 Elements of a Successful Trader

has anyone built a risk model on these ideas?

No SL No Leverage Strategy - working so far

just remember... best set ups are at the end of retraces, most risky are at the end of a move... sell high, buy low... etc etc blah blah blah...

Buy sell line trading

url

No SL No Leverage Strategy - working so far

why quote them then as if it made some difference to your decision to trade with no SL?

No SL No Leverage Strategy - working so far

utter rubbish that 95% fail... if you're going to base decisions about your financial future on statistics it would be an idea to actually research them first. If you look at brokers statistics for retail traders you learn some interesting facts ...

No SL No Leverage Strategy - working so far