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60minuteman replied Sep 2, 2015Hello mate, nice to see you again... Yes you are right, how we preceive risk is excellent if you're in the bush avoiding lions and leopards but truly awful if you are trying to trade markets. One of the worst things you can do is sit and watch price ...
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60minuteman replied Sep 2, 2015yes, I give it a little extra room. For the entry I want a momentum breakout of the high, this is my favourite entry - im wary of bottoms that don't move (if you excuse the pun)... I want it to hit the liquidity, turn and move...
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60minuteman replied Sep 2, 2015I have closed out GU because of NFP, will wait until after the news now
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60minuteman replied Sep 2, 2015Hi Normtold, and welcome.. A close in the direction of the trade is indeed one of the set up's I use. (there are 2 others but I gave you my favourite here) We are presuming that because price is turning around at the low and high of day then we have ...
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60minuteman replied Sep 2, 2015ok I see what you are doing Harry - buy you are mixing my SR price action method with this method... I would ask you to consider which of the method's you believe in the most? Not saying you can not mix them together, they are essentially doing the ...
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60minuteman replied Sep 2, 2015Thanks Bodrig, you can start from Frankfurt but im a lazy ass and like that extra hour in bed... the true high and low will reveal itself and then we just keep taking the set ups until we hit the extreme... it's beautifully methodical and you just ...
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60minuteman replied Sep 2, 2015how about a bit of Polish zloty, as long as the peak volumes are during the European and US trading sessions the extremes will be revealed and we can trade them - logic image
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60minuteman replied Sep 2, 2015wish I had better spread and lower leverage requirement on USD/NOK, this method works beautifully on it image
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60minuteman replied Sep 2, 2015im still in the short from EU yesterday's high, the failure entry closed for +46 last night... well over my target for the week, so may well close out the short and look for a better hi/low.. I believe most traders struggle because of their entry ...
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60minuteman replied Sep 2, 2015Hi Harry, Hi Ralfy... NFP I will trade London and and then manage the trade before NFP, if nothing set's up early London then I will wait until after the news (we often make the hi or low of the day when NFP is announced) ...the website is still not ...
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60minuteman replied Sep 1, 2015a picture often explains thing's more clearly. Take a look at these 2 charts, theyre H1 chart's - if you had to plan to trade this pair what do you think would be a good method? Although they look radically different to say EU or GU, are they? ...
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60minuteman replied Sep 1, 2015hi mario - the CURRENT high of the day - the high RIGHT NOW
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60minuteman replied Sep 1, 2015fascinated with this whole field of embodied cognition - brings to mind the forum users who go around saying everyone here is a loser, when you're aware of how our perception is led by our own feelings and emotions you can understand why they make ...
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60minuteman replied Sep 1, 2015it's not social media, it's a dedicated website, it doesn't have to be subscription either it can just be a single payment - please follow this thread and I will post the details shortly
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60minuteman replied Sep 1, 2015Hi Ralfy and welcome.. 1.ok the 2 blue lines mark the high and low of the asian range - from midnight to 8am - this is the sleep time and you dont trade it. 2. then our basic entry is a new high or a new low during the London- NY sessions - so from ...
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60minuteman replied Sep 1, 2015we are looking for a specific price pattern to occur at the high or low of the day, so GU and EU may both go long all day but that pattern may or may not occur - there is an element of randomness or chance involved. Sometimes it will only occur on ...
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