Maybe another thing which is important for determining your lot size. Look into the higher time-frames (M1, W1, D1), are they in a congestion area? Did they reach a S-R level? Or is there no S/R level in the vinicity? Is the current trend in ...

Trend Trading All Pairs

yes, those are pretty much all reversal patterns that hector trades. Good observation! best regards

Trend Trading All Pairs

I mean for intraday trades

Trend Trading All Pairs

in general it's unwise to trade e/u at this time. this pair has most of its momentum in the london session and first part of ny session. It's better to focus now on asian crosses. But those normally get moving at the start of the asian session.

Trend Trading All Pairs

Normally, as long as you are not trading the RMB (chinese currency), those news shouldn't have much effect on the other currencies.

Trend Trading All Pairs

thanks Nightmoves, will take that advice on drawing my trendlines. best regards

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gonna watch that area. yeah, normally I only move my trendlines when price makes a new high (for an uptrend), I don't know yet what's the best time to move trendlines, still experimenting with that. Thanks for the hint.

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AUDJPY H4 — Hi, A new trade coming up: the audjpy, H4 being my setup chart. On D1 you can see we are making lower lows and have a down trend line (blue line). On H4 we see that price made a lower low and now testing a S/R level. I know, price ...

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I assume you also look at the forex factory news calendar. Which items do you watch for? Red ones only? or do you also watch out for orange marked news?

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Hi NM, I see you got into the gbp/jpy trade. That was a good "in-range" trade. A shame that I slept at that time. Now I am waiting for a breakout of that range. Eur/usd is also setting up for a LOB. By the way, I like the way you use RNs for your ...

Trend Trading All Pairs

gbp/jpy is setting up for a range breakout on the hourly, that's definitely a pair to watch right now.

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Yeah it is just about to trigger, my entry price is 1.7095 best regards

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What do you mean? For that trade gbp/cad trade I didn't enter it yet. Generally, yes, I am very much in profit. But I am not trading as long as you do. Just over 2 years now, and since one year profitably (with the help of hector) best regards

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Hi, I got a new trade coming up. Attached are gbpcad d1 to see that we broke out of a range, and my setup chart H4, which is the range my setup is based on. (I know that we don't have a second low in this range, but the profit potential far ...

Trend Trading All Pairs

okay, will do, thanks

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Hey Nm, I got a strategy I want to discuss with you, concerning the LOB. Let's say we have an up-trend. Very often I don't have time around the London open, so I figured, I just mark the tokyo range and put the entry order 10 pips above the range, ...

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I closed that one out, since there was no momentum behind that trade. I hope I am luckier next time. best regards

Trend Trading All Pairs

which currency pair?

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I got into the nzd/jpy. I guess that one is kind of a risky trade, since both currencies are mostly traded in the asian session, but the setup was there, so I put on a small lotsize.

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Trailing stops — Hi NM, I am wondering about what size your trailing stop used to be. I am currently testing out different ATRs. I think a trailing stop of the ATR 150 period on the setup chart should be okay for trailing stops. What do you ...

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