- Search Crypto Craft
-
Myrza replied Feb 12, 2010I said it was mini..why not give it a try since I am bored..at least I didnt loose any pips. I know it is not a pretty setup..moved my sl as soon as I can
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010Stopped out at BE..Drops only a few pips..
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010Anyway GL in your trading..you dont need to use to many indi to trade..Indi will just confuse you. Just master one setup that you are comfortable with. GJ alone can give u many pips if u can master your setup

Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010That would be lovely...but u cant..You need a vouch to do that
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010Small sell — Saw a mini false breakout on m30. I am selling again @ 140.9..very tight sl.
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010Why I love NFP days — Sell at the red line and buy on the green line...I am salivating

Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010Here is one for trend following — url
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010Chaos trading is to chaotic to me..I hate it..It uses fractal breakout strategy..To much drawdown. I mainly use fractals as support and resistance. Some time I look for conflunce of fractals..If h4 /dly and weekly fell at around the same level..They ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010I dont know if fractal has time period?? I just use the default one in mt4..under Bill Williams
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010M30 and above for setting SR...I will use m15 fractals for trend following
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010My advice is to backtest first ...you will get comfortable using it. BUT..You will love fractal false breakout setup..No neeed to worry about repainting
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010It repaints of course...that is why I would advice using higher time frame. For trend following you can just add adx for trend strength indicator. If adx is rising ..you shouldnt worry much. For setting your SR level in higher time frame...it is ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010Did you take those two trades I gave u?
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010Here is another example why I sold @ 141.68 when most ppl bought the breakout...on m5 ...although a little risky. In essence...just follow the fractals. Fractal is your girl friend
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010You saw it your self how prices reacted at those two levels I gave you..100 green pips down maybe we will see another 100 pips up.
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010If you miss the early boat..do not worry..provided there is a strong trend. Here is how u can utilise fractal. Each fractal will be support and resistance. The higher the time frame..much better:nerd:
Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010Yo Karim, Most ppl like playing fractal breakout..it is ok if there is strong trend. In a ranging market like this the best set up would be fractal false breakout. For example.. ...that is a good 250 pips..more than enough for one day

Auslanco - GBP/JPY and GBP/USD (newstrade)
-
Myrza replied Feb 12, 2010I found it hard to draw my SR levels before...they are so subjective. Everybody's SR are different. But if you follow how price reacted to fractals you will know what I mean. Try it on M1..it will be an eye opener
Auslanco - GBP/JPY and GBP/USD (newstrade)