Hi keen
I have the book but I have not read it fully.....maybe I should....
Not much trading atm.....I am too busy with other projects
his books are all good read...
Hi keen
I have the book but I have not read it fully.....maybe I should....
Not much trading atm.....I am too busy with other projects
his books are all good read...
UC 4h
initiated this trade yesterday + 64 pips, risk was 32 (2%), not bad.
Looking at the 8 majors, in two days about 3 to 4 setups.....no many which is good, only took one.
looks promising........ Very objective method.....the idea is the same....take trades in the direction of the least resistance trading against the trapped traders..
initiated this trade yesterday + 64 pips, risk was 32 (2%), not bad.
Looking at the 8 majors, in two days about 3 to 4 setups.....no many which is good, only took one.
looks promising........ Very objective method.....the idea is the same....take trades in the direction of the least resistance trading against the trapped traders..
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Last edited:
tokyojoe
Established member
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Hey M, "spending hours in front of the screen" I hear that mate !!
If I cannot pull my daily wage in approx 2 hours in the afternoon (3 hrs max) at least I don't feel I've wasted my whole day in front of monitors.
You are probably one of the most honest traders on this forum, the market does not produce opportunities everyday, if the pace isn't there why fight it.
When the pace is there, I'm in !
ps : 64 in the bag.....nice !
Hi M
There is a preconception among traders.
More screen time does not mean necessary more money, it can be the opposite, screen time can suck a trader in and emotions will surface making any decision a reaction instead of detached one.
A trader can make intraday trades trading the daily charts and if he hold for a bit more the positive RR can be very good.
It is fun to take a trade, move the SL to BE and watch your trade moving in your direction for a couple of days.
In my experience the real money are made here.
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tar
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Well this also worked...Now +31, market close.
closed @ +107 with 21pips risk (2%)
I added but she shook me off and was closed at BE.
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I had a losing trade yesterday, lost 13.9 going short AU. (-1%)
Went short today on GU risked 32 pips, now +52 and I moved SL to BE.
I have set my TP @ 1.43
I am taking about 1 trade a day, I can take more trading the 8 majors, but I will not take more than three.
Prices ofter trade in middle, here is not easy for me, I am looking to enter only at extremes.
Went short today on GU risked 32 pips, now +52 and I moved SL to BE.
I have set my TP @ 1.43
I am taking about 1 trade a day, I can take more trading the 8 majors, but I will not take more than three.
Prices ofter trade in middle, here is not easy for me, I am looking to enter only at extremes.
Attachments
not easy...she pulled back more than 40 pips......
out @ BE
closed +7 pips
