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jordfx replied Dec 19, 2012Here you go buddy. Here are my thoughts on these trades.
Another simple system - Time-Frame 15
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jordfx replied Dec 18, 201210 ema is not really meant as an entry signal for scalps. It just serves as a guide. You can use it as an entry signal when price closes above it in CONFLUENCE with many other factors or when you're in swing trades set up on much higher TFs and ...
Another simple system - Time-Frame 15
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jordfx replied Dec 18, 2012GU Chart analysis for thought processes.
Another simple system - Time-Frame 15
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jordfx replied Dec 18, 2012In my opinion, your entries are way way too late. your GU trade was already in the zone to form another HH when you entered. In a less volatile market 8 times out of ten that trade will reverse on you and take out your stop.(BTW where was your stop ...
Another simple system - Time-Frame 15
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jordfx replied Dec 18, 2012Mark out your high points and low points. you'll see those points you marked out are the high points. buy low. sell high.
Another simple system - Time-Frame 15
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jordfx replied Dec 17, 2012AUDJPY TRADE. Target hit for 29pips @ previous day close but my broker refused to execute! Had to close manually for 16pips.
Another simple system - Time-Frame 15
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jordfx replied Dec 17, 2012EURJPY TRADE. TP originally set at 48pips @ yesterdays high. Chickened out for 19pips @ ADR
Another simple system - Time-Frame 15
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jordfx replied Dec 17, 2012Dehyah, problem with using the 10ema as an entry signal is many times you'll be entering in the middle of a range without and well defined support or resistance to back you up. Your logical stoploss will hence need to be correspondingly much larger. ...
Another simple system - Time-Frame 15
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jordfx replied Dec 16, 2012Nice way to start the week. EurJpy CT trade. Target hit for 40pips. Whatever goes up must come down. Target their fear!
Another simple system - Time-Frame 15
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jordfx replied Dec 16, 2012Crocodiles are good at avoiding risky situations; they learn fast..... Crocs “…learn quickly and adapt to changes in their situation. They particularly learn to avoid dangerous situations very quickly”, according to the article The Extraordinary ...
Another simple system - Time-Frame 15
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jordfx replied Dec 16, 2012“Buy the rumor, sell the fact” There’s a reason why the saying “Buy the rumor, sell the fact” has been around on Wall Street for over a hundred years. Generally speaking, the reason is because the big players in the markets; the guys who REALLY make ...
Another simple system - Time-Frame 15
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jordfx replied Dec 16, 2012Le1 kept saying..always look for where price is bouncing from...theres nothing subjective about drawing a trendline to mark price highs and lows that are constantly being respected as support and resistance. you just need to practice your eyes to ...
Another simple system - Time-Frame 15