I've got to go out for the rest of the day but I'll check things out when I'm back. It'll only then be retrospective but should give some idea of what I look for.

Another simple system - Time-Frame 15

TP hit I like to look at return as R, 1R being equal to the SL so with this trade I had a 12 pip SL and a 20 pip TP so this was a 1.66R trade. It gives a far better idea of how a trade has worked rather than just giving pips returned. Someone could ...

Another simple system - Time-Frame 15

AU 15m Chart — Looks like AU might continue it's up move? It's always best to catch the first corrective move.

Another simple system - Time-Frame 15

EU 1H Chart & GU 1H chart — Waiting for a break out and then looking for the first correction to get into a trade. Look for the break and close above the trend line on the 1h TF then drop down to the 15m TF to look for the corrective move.

Another simple system - Time-Frame 15

Hi Sam, The first thing we need to find is some sort of trend, once we find that trend what we look for is a correction. How do we know the corrective move isn't going to become a new trend? I look for an inside or engulfing candle back in the ...

Another simple system - Time-Frame 15

I got out when I saw it turning around on me, RED news out in a few minutes watch out.

Another simple system - Time-Frame 15

EU 15m Chart — Entered EU short after retrace.

Another simple system - Time-Frame 15

Stopped out for 13 pips -0.5% of accou

Another simple system - Time-Frame 15

AU 15m Chart — Entered long after break from wedge and inside candle.

Another simple system - Time-Frame 15

Hi Binnie, You'll often get London moving the market back into the Asian range so they benefit from the full move.

Another simple system - Time-Frame 15

Hi Sheled, I take it you had prier knowledge of what Bernanke was going to say if you where expecting a move down? The EU had moved 46 pips from LO to when Bernanke started talking it could just as easily have gone the other way. If you look now the ...

Sonic R. System

Didn't trade it but was watching, the more correlation you can find at a level the better chance you have for success. Thanks for your help much appreciated.

Another simple system - Time-Frame 15

Thanks helps to be on the same page LOL

Another simple system - Time-Frame 15

Can you tell me how many days you have your ADR set to please.

Another simple system - Time-Frame 15

I've been rained of at work for the past few days so had some more time to trade. I find by helping others to get some understanding of the mad world of forex also helps me to reinforce my own trading discipline. I'll do what I can to help with the ...

Another simple system - Time-Frame 15

What ever you do don't piggy back into a trade, only ever trade using your own analysis. You have to be able to live with your trading decisions right or wrong always have a plan before you enter a trade so you don't get caught out. Look at it now ...

Another simple system - Time-Frame 15

Jumped out at +2 pips or 0.13R, market only moved 46 pips since Frankfurt open.

Another simple system - Time-Frame 15

EU 1h Chart — Entered short with the momentum will have to wait and see how it works out. I risk 0.5% of my account per trade aiming for 1% return, this is a small risk level because I don't like heavy draw down. This will give me 20 losers in ...

Another simple system - Time-Frame 15

EU 1h Chart — I see a potential inside candle forming market has tried to break through the 1.2300 and 200 ema (50 ema on 4h chart) leaving long wicks. Enough room below for TP will wait and see.

Another simple system - Time-Frame 15

GU 15m Chart — Hi Goochie, I do think your entry was early if you look at the attached chart you'll see how I would have played it if I was going to trade short here. The big bull candle at London open was followed by two inside candles, the ...

Another simple system - Time-Frame 15