I agree completely, number of pips mean nothing. RR is important.

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There is always flow somewhere and in different gradient, just need to be able to see it.

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You need to risk very little until you gain confidence in your method and yourself. If you are losing, do not risk more than 0.1% of your capital per trade and look for only high probability trades. If after on week you are profitable increase it to ...

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Sorry to hear that, but you need to go through hell before you see the light.

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Good for skilled range traders.

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And when do you sleep?

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This pa does not make sense to me, I am staying out. Made 0.3% for the day. I like it better when I make around 2%, but better save than sorry.

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Went short @ 78.59 risked 7 pips, gained my risk, covered 1/3 and SL moved to BE and stopped out. Exactly like yesterday. This is why I pay myself when I am in green, at least I take some home. If it continues in my direction I have 2/3 that will ...

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I see. Cheers. Same think happens to all the other pairs with the jpy

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Long strange candles on the 5m TF in the yen, somebody does not want it to get stronger?

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url

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Good day to you all. Another day in paradise. Win or loose.

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Done for the day. +0.3%.

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You are dancing. well done.

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Ok. Thanks.

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OK.

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Good one. What was your risk?

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That is not very good. Mine is 4.2 atm. Who is your broker?

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What is your spread on gbpaud?

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Good way to do it in my view is to trail your SL below/above the latest swing till stopped out in your TF. Also, always do pay yourself when given, "feed the ducks when they quack". How to take profit is an artisan craft.

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