Box breakout pro scalping

-12

+17 for week

long 2 positions 1.3088 stop 12

Three losses in a row .Why ?

Go to system rules and read

If price moves away in a breakout, wait for price to retrace to the lwma 18 on 15 min before entering a trade. This will help avoid chasing prices from the mean.
I disobeyed the above rule yesterday and on last / current trade.See where the price is in relation to middle moving average .........much further away and overbought.

I started this thread to do all trades in public in advance calls.
 

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Yesterday I was also making pips and calling live on a different strategy

http://www.trade2win.com/boards/dis...ing-general-chat-lounge-1342.html#post2033046

Yesterday I lost concentration because I worked 16 hours , and most of the losses came late at night.

http://www.trade2win.com/boards/forex/162600-box-breakout-pro-scalping-11.html#post2030332


Accidents happen in trading when you don't cooncentrate...

http://www.trade2win.com/boards/foyer/162842-watching-video-will-save-lives.html
 
If it's the only system you need, why were you also trading a different strategy.....?

This thread is mainly for scalping trades , I also have other strategies for swing and trend trading , just like to trade different systems when scalping opportunities are not there .
 
I know you disregard the 1M time frame, but had you looked at it you would have seen the tiny candlesticks, meaning zero momentum, and the market was right at the top of channel resistance.

I won't clutter your thread in the future - it's just a suggestion.
 

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This thread is mainly for scalping trades , I also have other strategies for swing and trend trading , just like to trade different systems when scalping opportunities are not there .


4x

Yesterday I should have stopped scalping after the breakout and fomc , some times for many hours we have to stay out of the scalping , when volatility increases and you can't trade counter trend with this method.

We use tick charts and stick to our beliefs , as now the price has returned higher.
 
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