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Musashi replied Jan 6, 2012Enjoy the weekend. Remember, when the market trends, you make money.....
"Katana Trading Strategy"
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Musashi replied Jan 6, 2012GU chart, showing the pull back followed by the signal to enter...
"Katana Trading Strategy"
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Musashi replied Jan 6, 2012Also on EU prices tend to move is waves of 20-25 pips, so taking profits after 20pip moves is a good idea at times... more downside is certainly expected to at least xx00.. I'm not greedy however... Renko for comparison...
"Katana Trading Strategy"
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Musashi replied Jan 6, 2012Yes I've seen this before, the best exit strategy that I employ is exit at the next price level in the market.. xx50 xx00 xx25 xx75 as price tends to hit them and react quite frequently... This is not a lagging exit strategy either, and it does not ...
Sonic R. System
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Musashi replied Jan 6, 2012There was a valid signal just now, bit later than I would of liked, however it is there and the probability of a successful trade is in my favour..
"Katana Trading Strategy"
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Musashi replied Jan 6, 2012Nothing yet... however you can clearly see some resistance is evident here by the way price bars are froming..
"Katana Trading Strategy"
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Musashi replied Jan 6, 2012Compare to Range Bar... according to strategy, stochastics just printing a valid retracement for a setup just now.. however need a close below all the moving averages for a trade to take place... otherwise ignore it..
"Katana Trading Strategy"
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Musashi replied Jan 6, 2012I loaded up Renko Bricks today, as you can see pull backs in a down trend are great...
"Katana Trading Strategy"
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Musashi replied Jan 6, 2012Rather than conentrating on finding which method of entry is more profitable, wouldn't it be more productive to find the method of exit which is more profitable? I only say this because it appears that you have traded without a SL previously. Is ...
Sonic R. System
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Musashi replied Jan 5, 2012Bit early to be trading... but that was a sell signal on EU...
"Katana Trading Strategy"
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Musashi replied Jan 5, 2012Yes indeed, when the market trends, that's when you make money..... The way to make money is to determine the trend and then follow it.
"Katana Trading Strategy"
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Musashi replied Jan 5, 2012Nice quote that you have there, "Patience + Discipline - Greed = Success" I like it...
"Katana Trading Strategy"
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Musashi replied Jan 5, 2012GU just gave me a nice short signal... You must understand that there is more to trading than just blindly following indicators painting a paticular thing... identifying levels of price is just as important... if not more important... The most ...
"Katana Trading Strategy"
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Musashi replied Jan 5, 2012Nothing as yet on EJ... there was a signal on EU which I did not get as I was away from PC for a short time..
"Katana Trading Strategy"
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Musashi replied Jan 5, 2012EJ chart showing a potential pull back against the trend taking place... can not see any other potential trades setting up on dollar pairs just yet..
"Katana Trading Strategy"