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doerpn replied Sep 20, 2016waited for confirmation candle first....
Highest Open / Lowest Open Trade
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doerpn replied Sep 15, 2016I had a lot of losses too trading the same way....learning from it is to WAIT for the trend to change. Is it right as shown in my screen that there was no valid entry due to breakout candles?
Highest Open / Lowest Open Trade
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doerpn replied Sep 15, 2016TS, this is very usefull material....will study it at the weekend.....thanks for your always valuable links.

Highest Open / Lowest Open Trade
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doerpn replied Sep 15, 2016Hi Jason, i trade 8 of the majors due to low spreads.....except CHF pairs because my broker takes 4x margin for them. As my trading time is limited its no deal for me to only trade 1 pair....too long to wait.
So far i may not see any favourites. ...Highest Open / Lowest Open Trade
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doerpn replied Sep 14, 2016
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Highest Open / Lowest Open Trade
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doerpn replied Sep 14, 2016Thats i wanted to hear....
. 20 pips a day is more than enough..... Your input encourages me a lot, thanks again.Highest Open / Lowest Open Trade
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doerpn replied Sep 14, 2016Thanks for your very detailed answer....yes, it helps. Up to now i have done about 30 trades + X but to be honest, if there was now HOLO signal i traded the wicks ( trend-trading). Thus i have no proper statistic so far.......small lots yes, I ...
Highest Open / Lowest Open Trade
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doerpn replied Sep 14, 2016wow, so much input from you.....
your post gives me confidence to go on and find my own style, which should- if being fully confirmed by my mind- give enough discipline to trade along the rules without doubting before every trade....Highest Open / Lowest Open Trade
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doerpn replied Sep 14, 2016...it depends....trading only 1 pair may be a pain....
Highest Open / Lowest Open Trade
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doerpn replied Sep 13, 2016Ok, i think i got you.....not strictly follow the MM rule....if win is less than 5 pips but price comes back, safe it by BE+1. The problem is: this way it will be very seldom to get 5+x pips win in 1 trade, right? (My trading time is 1 h before ...
Highest Open / Lowest Open Trade
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doerpn replied Sep 13, 2016I think the trick is being picky when there is enough experience?
Highest Open / Lowest Open Trade
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doerpn replied Sep 13, 2016Thanks for your thoughts. Yes you are right, there are so many things to concider beneth the rules. Not blindly stepping in will avoid a lot of losses.... And in my opinion there should also be signs (candles) showing some exhaustion and strong M5 ...
Highest Open / Lowest Open Trade