I dont go for the exact pip, measure out 1/1 then I may tweak it a bit to fit into some s/r or something... usually manual close unless im away and i will put a trailing stop or a tp line down

Buy sell line trading

Daily TF is 4/4 this week.... AU EU ACHF UCHF

Buy sell line trading

now im hoping my balls are big enough... one of them is for sure!

Are you a consistently profitable trader?

sounds like you're making decisions based on "a feeling" not sure thats good advice, even if it does work for you..

Are you a consistently profitable trader?

and if you want to sign up for my mentorship course online its £200........ only joking !!!!!

Are you a consistently profitable trader?

The second reason traders are not profitable is because of their plan.. Most dont write it down, they don't have a structured process they follow on every trade, way too much is left to discretion, and they certainly don't hold their trades to TP... ...

Are you a consistently profitable trader?

One of the main reasons traders are not profitable consistently is because of money management.. Traders become obsessed with pips instead of %age.. I have weeks where I am negative pips but positive %age... If a trader really understands money ...

Are you a consistently profitable trader?

EJ H1 aiming for retest of yesterdays high and TP

Buy sell line trading

Hey Vantage great to see you here, similar concept in our approach... trend and price action... you still consistent? do you have a similar concept for risk? do you set risk to the same amount for every trade?

Buy sell line trading

thats great airgead... just remember the size of the stop doesn't matter, you have to adjust your lot size so every trade is the same %age of your account... thats the key money management part of the strategy..

Buy sell line trading

I trade daily, just on demo for now, until i get a feel for it.. Im short UCHF on daily now...

Buy sell line trading

ok fx... make sure you give as much attention to the money management rules, they're the secret... risk the same on every trade!!!

Buy sell line trading

I really don't think it would effect results, maybe the odd week it would, but over a period of years, it would most likely even out.. So pick one that fits in with your life-style.... The big picture here is to teach how some proper money ...

Buy sell line trading

yes Camel, zoom right out on the yen pairs h4, super trends on yen...

Buy sell line trading

ej h4 taken profit ej too +2%

Buy sell line trading

gj h4 closed my long for 2%

Buy sell line trading

Yep the counter trend trades can be equally profitable.... but from experience i find these things work best when you perfect the trend element first and get accustomed to reading the impulse and retrace moves... definately worth looking at.. ...

Simple trend trading strategy development

I use this idea, stepping SL above H1 highs... works great, and again takes emotions out of it... I like easy to follow rules

Simple trend trading strategy development

The 50 sma is just really a visual aid to the trend direction and strength.. so i dont want to consider it a magic line or anything, a few pips either way is less important than the general trend... I ust try and have some sort of rule for all the ...

Simple trend trading strategy development

and 1 more example... BE AWARE OF THE RETRACES

Buy sell line trading