Hey Joyny, thanks for the reply Yes, the news is the catalyst usually. But on this occasion there was no big US news or data released. And this is not the first time I have witnessed this

It's Unreliable

Hey RyuRyu, thanks for your reply. You maybe right about a scam when all dollar pairs move that big at once. But to call it a scam makes me kind of want to shrug my shoulders and accept it and say "Oh well". But I prefer to call it something more, ...

It's Unreliable

RyuRyu, actually here you have hit on something very important, the fact that correlated pairs move at the same time... we saw a perfect example of this just today, with USD pairs ALL moving hard and fast at the same time together! Now I'm gonna be ...

It's Unreliable

Snap

Cable Update (GBPUSD)

Interesting. You had a 30 pip SL and took profit at 13 pip (give n take the spread). Do you just use a SL as an emergency breaker, and your TPs are flexible based of PA at the time? Thanks in advance for any insight.

Cable Update (GBPUSD)

I agree with this. I will also add sticking with one of two things for a long long time. Getting to know them well. That could be a specific FX pair, a certain indicator, what ever. Stick with that one thing, become familiar with it. Build up a deep ...

It's Unreliable

Nice explanation. And a simple system to replicate and stick to. Thanks for sharing

It's Unreliable

Nice. A type of swing trading method, correct?

It's Unreliable

Ok... now we have all got the small arguments out of the way about ratios, spread, R:R, and had a nice revision of some trading basics, can we get back to the thread topic?... "What is reliable?" What is reliable to you? Your strategy? Your risk ...

It's Unreliable

This is a good thread, thanks for starting this Here 2 there! My 2 cents... after only a few years of trading now, I'm starting to believe more and more that a R:R of always 1:1 is the better option if you have a strategy that's working and ...

It's Unreliable

Thanks for your reply. Great to hear this, as everything you have listed I agree with. I personally only risk 1% of my whole account on any one trade, and I only run one trade at a time. The 1% is a solid rule, and is adjusted when the account goes ...

1% to 3% Per Day? All things are Possible

Thanks for your reply. Yup, +%50 sounds pretty amazing I agree. With compounding it adds up even more. The thinking is that if 1% per week could be sustained on average, using the same method over and over, this would add up nicely over a matter of ...

1% to 3% Per Day? All things are Possible

I am happy to find this thread. Is it still active? I am currently trying to achieve just 1% per week as part of my trading plan that I have been working on for nearly 2 years now. Sounds easy and achievable, right? But it can actually be quite ...

1% to 3% Per Day? All things are Possible

Great, thanks

Cable Update (GBPUSD)

How did you calculate the following, just out of interest... Structural Scenarios and Bias: 1.3540 has 70% chance 1.4086 had 30% chance Thanks

Cable Update (GBPUSD)