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Meihk replied Feb 24, 2016Hi Tibovwh, edit this part: Fixed fractional lotsize based on 0.5% (= 25€ // we cannot trade with 300pips SL with less) first entry: 1 lot - hard SL: 300pips - 27€ risk ~ 0.5% second entry: 1 lot - hard SL: 250pips - 22.5€ risk ~ 0.5% third entry: 1 ...
Trading Made Simple
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Meihk replied Feb 12, 2016Hi tibovwh, to exit and re-enter, the sell order have to be below the buy order in a long position. you're still in the long position with 2 trades open? i also have position in this pair too. regards, Meihk
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Meihk replied Feb 2, 2016Hi pipsalon, I just wanted to share my 2 cent on your trade, hope it can help you out in some ways. The first trade was a really good executed trade, you followed the HTF trend and it worked out great for you. The last trade was a bit risky going ...
Another simple system - Time-Frame 15
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Meihk replied Jan 31, 2016Hi Emmanuel778, I'm happy to hear you will be teaching us how to trade the 4hr chart using the 5 method with ME/ME this year, i've been waiting for this!
thank you,Trading Made Simple
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Meihk replied Jan 31, 2016Hi blackfriday and floydd, I'll try my best to answer you guys questions. Trading with HA candles is good because it's simple to read, the red HA candle before the first pairs of blue lines is hinting some thing is up with the market (wicks on top ...
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Meihk replied Jan 31, 2016Hi all, Here is a training chart using 5 method in 4hr chart trading. The red, yellow and green vertical lines are HTF trend trades entries ABP/HA candles. The light blue and blue vertical lines is CT trades entries ABP/HA candles. The white ...
Trading Made Simple
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Meihk replied Jan 18, 2016best to trade different pair, always trade a trending pair if you're new.
Another simple system - Time-Frame 15
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Meihk replied Jan 18, 2016hello FerinPatel, looking at the chart you can see small body candles and remember the 10ema < 50ema < 200ema for a stronger trend signal. when you see price are near the 200ema and bouncing like that, you take look at the HTF to see what PA is ...
Another simple system - Time-Frame 15
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Meihk replied Jan 18, 2016Hi all, Here are my trades using ME/ME with 5 method. GBP/USD= 550+ pips, price moving too fast on that cross so i close all of my trades there.
Thank you Emmanuel7788 for sharing and helping us out. cheers and happy piping all,Trading Made Simple
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Meihk replied Jan 15, 2016Hi FerinPatel, read only Loveevery1 posts first, then start reading other traders you find interest in. there are .PDF in this thread you should also read them, its in the paperclip logo above the thread. regards, Meihk
Another simple system - Time-Frame 15
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Meihk replied Jan 14, 2016Hi tibovwh, lets say for a good long position when we close above the first entry we get 1:1 r/r no matter how many trades we have open. when price move deeper in retracement our average price gets better, rewarding us with what ever market want to ...
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Meihk replied Jan 14, 2016Hi all, here are my trade using ME/ME with 5 method. GBP/NZD= 540, GBP/CAD= 1040, USD/CAD= 340+, EUR/USD= 320 and EUR/JPY= -330 SL was moved closer and it got hit .
cheers, MeihkTrading Made Simple
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Meihk replied Jan 13, 2016Hi bluemosaic, maybe the stop lost too tight, how big was it?
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Meihk replied Jan 12, 2016Hi tibovwh, yes i understand its only 100 pips with normal risk. but you have to think where will my SL be at if i trade normal risk on any giving trade 30, 50, 100 pips? that would bring me closer to PA, and that i learned will get me stop out very ...
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Meihk replied Jan 12, 2016Hi trade786, I trade only the HTF( 4hr, 1D, etc..). I use the LTF ( 1hr, 30m, etc..) to enter my trades. I follow the PA and trend on the HTF and use the TDI cross to enter/exit, some time I exit at or near S/R. Take a look at the GBP/USD chart you ...
Trading Made Simple