Didnt get the signal for a bounce trade, instead got on for a cross. Price closed above 50 ema, above previous S/R and above balance line, although it wasn't very close to the balance line. I have set a buy order at the high + spread + 3 pips just ...

Simple Simon Balance Line Trading

I suppose using the low + spread + 3 pips for entry should keep us out of trouble. Thanks for your imput

Simple Simon Balance Line Trading

Titch, Can i ask your opinion? If the candle closes as it is currently would this be a good signal for a bounce trade? The red horizontal line is my take on previous S/R and so to me we have a possbile bounce off the balance line, prvious S/R and ...

Simple Simon Balance Line Trading

Great advice, thanks. I'm looking forward to contributing to the thread and I will post any potential set up's I see. In doing this hopefully i'll learn a bit quicker!

Simple Simon Balance Line Trading

Thanks, but im still a little unsure of some entries. Also trying to resist the urge to always be in a trade! I guess that's what demo accounts are for. When checking on the 15 min chart for entries do you still use the same formula, high/low + ...

Simple Simon Balance Line Trading

1st trade — Hi all, First of all thanks fro a great thread and simple system. I have taken this trade on EU as a bounce trade. Currently +100 with 60 locked in. Have i understood the rules for a bounce trade correctly or did I just get lucky!? ...

Simple Simon Balance Line Trading

Just started to demo this yesterday and so far results are excellent. Can i just confirm, do we need to wait for the close of the candle before entry or take the trade as soon as we see the cross. It is my understanding that we wait for the close ...

Trading Made Simple

different broker? Mine seems to be okay with Alpari Uk

Brijon Concept of Threes auto trading robot by Steve Hopwood

I know, amazing. Just set everything up on a new demo, i'm a bit late with this one so just trying to catch up! I also have TOB on my small live account which keeps on churning out pips, only with 0.01 lots but profit is profit. Very interested to ...

Brijon Concept of Threes auto trading robot by Steve Hopwood

Hi dryclean, Are you using a global pips/profit closure in MPTM or the trailing stop? The results you have been getting are fantastic. Thanks in advance

Brijon Concept of Threes auto trading robot by Steve Hopwood

Thought so, was just checking!

Steve Hopwood's Fib Target-level retracement auto-trader: compliments Simone

Whip, Are you using any trade mangement with this?

Steve Hopwood's Fib Target-level retracement auto-trader: compliments Simone

Thanks, I shall begin testing!

Beastie: a Nanningbob trend and counter-trend auto-trader by Steve Hopwood

Hi Whip, Is this with ootb settings and on how many pairs?

Beastie: a Nanningbob trend and counter-trend auto-trader by Steve Hopwood

Couldn't agree more, started to take green pips off the table which for me is brilliant

Price Action Trading with Indicators! The Freebie System

How about taking it on the 1hr TF, would need a larger stop though. I still think a bit risky, it's been in an up trend for some time, or is it time for it to turn south

Price Action Trading with Indicators! The Freebie System

Possible EU long, with the trend if it confirms? image

Price Action Trading with Indicators! The Freebie System

Yes, i created a new template for the daily charts with my period set to 10080

Price Action Trading with Indicators! The Freebie System

Thought so, maybe it could have worked out if I was in a bit earlier and was just looking for a small TP

Price Action Trading with Indicators! The Freebie System

Just on this point, last night i took a short trade on GU based on the daily chart below. This is again on demo but i wanted to see how this system did on higher time frames. Any thoughts or comments on this? image

Price Action Trading with Indicators! The Freebie System