Nice. Long EU @ 1.3359 Short UF @ .91018 Trailing Stops and Partial Profits programed in. Let the day begin. GREEN pips to all.

London Open Strategy

Hello to one and all. Just over 30 minutes to the London opening. So far this week the markets have been good to us. Lets hope the trend continues. GREEN pips to one and all.

London Open Strategy

It appears as if he is using a loss management system to reduce or eliminate his losses. There are some out there that are very good and have been set-up as an EA. You can check one of them out here: url . I personally have utilized systems very ...

London Open Strategy

As my profile states, I am a reformed pit trader. I was always taught that you learn how to take a loss, manage a loss, minimize a loss because the profits will take care of themselves. I also learned early on never to worry about taking a small ...

London Open Strategy

The ADR is important and can help to refine both the SL and TP levels. I use the ADR to determine my areas where I will take partial profits. I tend to take a small partial profit at about 10% of the ADR (just to cover all commissions, spread, and ...

London Open Strategy

Good start to the week. Straight out of the gate, a classic buy signal was given as London opened. A 12 pip stop was never challenged and partial profits, 50%, were taken at plus 12 pips. Now the stop loss has been moved to BE + 2 and a trailing ...

London Open Strategy

No he said "Open the trade at the closing level" of that candle so in your example it would be the 5:59:59 price level. GREEN pips to all

The Coin-Flip Theory

You are well on your way to a life of quality trading. GREEN pips to you always.

As simple as possible: 00 level trading

How do you define quality hours? Is it time that you study the market and how you react to it, or is it by the profits that you make? When I started out trading, I was taught to study your mistake more so that you can learn from them and try to ...

As simple as possible: 00 level trading

Tokyo has been good to us all. Way to go. If you hit your daily profit, don't be greedy. I realize that the more we trade the more comfortable we get with the 'feel' of the markets, however, once you have hit your daily goal it's advisable to reduce ...

As simple as possible: 00 level trading

Check your PM for a message from me.

As simple as possible: 00 level trading

I am short the GBP/USD @ 1.7150 I'm also in and out in both GBP/AUD @ TS for 1 pip and EUR/NZD for 5 pips GREEN pips to all.

As simple as possible: 00 level trading

I follow 7 pairs: eur/nzd, gbp/jpy, gbp/aud, eur/aud, gbp/chf, gbp/usd, eur/jpy. I don't trade them all in each session. I tend to place my stop orders in all that qualify as 'GOOD' trade candidates, ie not too close to the hourly close or daily ...

As simple as possible: 00 level trading

I trade the Tokyo opening and the London opening because of where I live, USA. The orders that you use are the same no matter what session you are trading. They are all there on page 1. If it meets the criteria for going long a buy stop at the ...

As simple as possible: 00 level trading

My brokers use the NY close/Sidney open as the new candle and it has worked just fine for me. GREEN pips to all.

As simple as possible: 00 level trading

"BULLS" and "BEARS" make money ..... "PIGS" get slaughtered!!!!!

As simple as possible: 00 level trading

Smart move reducing your position size to reflect the market conditions. I tend to trade my full position size for the first two hours of the particular market, and then I reduce them. I also reduce them significantly when I am "in the bonus" so as ...

As simple as possible: 00 level trading

Actually there should be no pending shorts @ the 100 level because it breaks two rules.... Don't sell at the 100 level and don't sell if the RmDn has exceeded its max and is red. GREEN pips to all.

As simple as possible: 00 level trading

In training his traders, "turtles", Richard Dennis did not judge them on how much money they made or loss during their training. He judged them on their PDF (Patience, Discipline, Focus) and on their BCC (Belief, Consistency, Confidence). He knew ...

As simple as possible: 00 level trading