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- beechboy replied Jan 1, 2022
Thanks I will look into that.
- beechboy replied Jan 1, 2022
It could be money management i use a 2:1 risk:reward. When the usd trends strongly I lose multiple trades in a row for the same reason, a high momentum trend.I will work on a trend trading strategy and only trade the asian session with my low vol ...
- beechboy replied Jan 1, 2022
I am using the 5 minute time frame. I enter at the zone with a limit order so i am not looking at the reaction to the zone. I have had losing streaks as well. I might stick to this strategy for a few months and see the profitability over say 100 ...
- beechboy replied Dec 25, 2021
No I take my time when choosing the levels and I accept the risk. Usually I trade local highs/lows and psychological levels.
- beechboy replied Dec 25, 2021
I set limit orders at key levels and employ a 2:1 risk:reward ratio.
- beechboy replied Jun 12, 2021
Hi, I am switching from day trading/scalping to swing trading using this confluence method. If I am taking trades based on the 4 hour chart how frequently should I check the price. Thanks
- beechboy replied Jun 1, 2021
Anyone else still use this strategy? I have been paper trading this on the 5 minute chart and looking for small reversals on the double zero levels. It has a relatively high win rate. I use a timed stop loss and a hard SL a few pips above the level ...
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