Bluedancer, my Gbp/Jpy has been stopped out at +20 thanks to the trailing stop that saved me, since it went down 45 pips in few minutes.
Are you safely out? :|
yes may the pips be with FMT:cheers: on Thursday and Friday so we close another week on profitsThis morning we had:
Monday: Loss
Tuesday: No trade
Wednesday: Win
Tuesday and Friday?
I suggest two wins :clover:
make hay while shine and you seems to be making pipsmy results today:
GbpUsd: buy triggered, +40 pips TP (I doubled lots because of Monday loss, so +80)
GbpJpy: buy triggered, +16 pips TS hit.
EurUsd London: No Trade
EurUsd NY: No Trade
cheers !
I think best strategy for FMT is to skip Mondays, trade only GbpUsd, but increase lots after a loss. Should never lose twice from Tues. to Friday ??
never been analytical before FMT came into beingI think best strategy for FMT is to skip Mondays, trade only GbpUsd, but increase lots after a loss. Should never lose twice from Tues. to Friday ??
I think best strategy for FMT is to skip Mondays, trade only GbpUsd, but increase lots after a loss. Should never lose twice from Tues. to Friday ??
Mondays with gap open are tricky, especially if you trade against them.
In May there was a loss on Monday almost identical to last Monday.
What do you do with 2 losses in row? In May including the Monday, there followed 3 more in a row after it.![]()
I believe that Hammy is wise, and we should follow his recommendations. The only caveat: do not double your lots after a loss, because the probability of getting a tail even with 10 heads in a row, remains at 50 percent. ie. The past does not determine future events.
Good afternoon Gil
Hi Mario
A little journey south today -- what you think?