As I thought, thanks Olu.

Easy no stress daily charts:)

Hi Slurpee / Olu, Thanks for a great thread, I have been quietly following and am enjoying the stress free approach! Can I for some opinions on this trade I have taken on demo. Would you class this as a valid trade? It is currently at +37 pips on ...

Easy no stress daily charts:)

Hi Doroteo, I thought I would jump in and say a quick word as I am very similar to you. I have been jumping from system to system for 2 years, doing lots of reading etc but always seem to be the wrong side of the market! I am more of a lurker than a ...

Nb 10.0 trend trading system

gbpusd hit my SL at BE, i have yet to catch one of these big moves! At least SL was at BE so it wasnt a loss usdjpy still open, currently - 2 pips

Simple Simon Balance Line Trading

Yes I did, SL is now at BE, no risk. Also took USDJPY short, only just triggered, lets see how it goes. image

Simple Simon Balance Line Trading

I cancelled my buy order on usd/chf when it didn't trigger within a couple of hours! - I guess that news has caused the move. Great trade.

Simple Simon Balance Line Trading

I think the key word is patience! As Titch said "sometimes the best trade is no trade" Not found many set ups today, PA on most pairs I watch is too far away from the balance line, it will return eventually!

Simple Simon Balance Line Trading

Exactly the way I view it too. In the example i gave my SL at BE was taken out but as you say, much better at BE than at a loss. Thanks very much

Simple Simon Balance Line Trading

Thanks for responding. At the moment i am on demo until i feel confident with the system. I am taking all the signals i can as per the rules so that i can practice trade mangement, however you are quite right about the type of move and i will take ...

Simple Simon Balance Line Trading

As i thought, stopped out at BE. To be honest it was against the main trend but is did break the 50ema so a possible change of trend, maybe I should have scalped it and taken 18 pips to the bank. We live and learn.

Simple Simon Balance Line Trading

Colostarr, When in a trade do you look to move your stop to BE as soon as you are a set number of pips in profit, and do you do this mid candle or would you wait for the current candle to close? The reason I ask is because I have taken a trade this ...

Simple Simon Balance Line Trading

I have closed mine now for +15 as I need to leave my computer for a while. Still +15 in the bank

Simple Simon Balance Line Trading

Titch, are you still in the USDCHF from earlier? I have just moved S/L to BE, just cant have a +15 winner turn into a loss! Currently +12

Simple Simon Balance Line Trading

I was watching it thinking we may get a bounce signal, how wrong was I!!

Simple Simon Balance Line Trading

I was thinking that this trade would trigger within a couple of hours and i was correct. Currently still in the trade but -6 at the moment. Thanks again.

Simple Simon Balance Line Trading

I have moved my S/L to low of last candle to reduce risk just incase it does retrace! currently + 5 image

Simple Simon Balance Line Trading

Ok, Long order triggered, lets see how it goes. Frollollc, i agree its a bit congested but for the minute im just following and taking the signals as i need practice managing the trade as much as the entries themselves. Appreciate the heads up ...

Simple Simon Balance Line Trading

How long will you keep the pending buy order? I still think that this could get triggered in the next hour or so

Simple Simon Balance Line Trading

nice to know i'm on the same page as you! For the first time in a long time i'm enjoying trading. Still only demo until im confident with everything but not for too long, you cant replicate live trading. Ill be taking this to my small live account ...

Simple Simon Balance Line Trading

sorry USD/CHF. Set the order thinking that the trend could be changing. Looks like it was a false signal judging by the current candle. The formula for entry certainly keeps you away from the signals that dont work out. image

Simple Simon Balance Line Trading