Hotch
Experienced member
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Ronseal.
I apologies for the charts, the lines started off having to have 3 touches, and not be broken, that sort of went out the window, I'm tired and ill, so screw it. We'll sort it out as we go.
...because we're not in France or Germany.
Caveat, I don't think these are optimal, just easy.
Trading EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, USDCAD, EURGBP, EURJPY, GBPJPY.
All trades will have a stop and a target.
Targets will be >=2x size of stop.
Stop will be whatever the hell I please.
Target will be the first plausible reversal.
Trailing...ummm, minimum of 50% of move past 2:1, other than that, whatever I feel like.
Trades entered off lines derived from hourly, 4 hour and daily charts, also possibly weekly & monthly high/lows. m15 will be lowest we go looking for trigger to enter.
Trade 7am til 8pm...ish
Targets:
Discipline Discipline Discipline! Discipline & time is all you need to become an exceptional trader.
I will try to post lots of stats up, just for the hell of it, expect pretty charts of RT pips against RT R, sharpe ratios, etc.
Posting something useful.
World Domination/Peace.
Averaging 5R a week over, say 6 months, would exceed my wildest expectations, and I fully expect you to throw your money and your womenfolk at me if achieved. Personally, a 50% win rate with wins 2x losers would be insane.
I won't be holding these trades for months, most should be closed by the end of the day, I don't want to sit through pull backs (of course, depends on your definition of pull backs), nor shall it be 1 pip stops or anything silly as I've done in the past, just boring stuff, should be rather tame.
So, with that, I shall post charts. They're daily, because I'm sure as hell not posting 3 charts for every instrument, and it gives perspective for the first post, may well do hourlies in the future if they show all/most of the lines. Shouldn't make much odds as plan to post a chart for every trade. You can see I got more and more blasé as I went through em, the EURJPY chart is a mess, nevertheless, I ****ing love my tron theme.
Oh, I'll be happy posting a statement as an xmas present.
P.S. on second thoughts, knowing some of the posters on here, keep your womenfolk
I apologies for the charts, the lines started off having to have 3 touches, and not be broken, that sort of went out the window, I'm tired and ill, so screw it. We'll sort it out as we go.
...because we're not in France or Germany.
Caveat, I don't think these are optimal, just easy.
Trading EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, USDCAD, EURGBP, EURJPY, GBPJPY.
All trades will have a stop and a target.
Targets will be >=2x size of stop.
Stop will be whatever the hell I please.
Target will be the first plausible reversal.
Trailing...ummm, minimum of 50% of move past 2:1, other than that, whatever I feel like.
Trades entered off lines derived from hourly, 4 hour and daily charts, also possibly weekly & monthly high/lows. m15 will be lowest we go looking for trigger to enter.
Trade 7am til 8pm...ish
Targets:
Discipline Discipline Discipline! Discipline & time is all you need to become an exceptional trader.
I will try to post lots of stats up, just for the hell of it, expect pretty charts of RT pips against RT R, sharpe ratios, etc.
Posting something useful.
World Domination/Peace.
Averaging 5R a week over, say 6 months, would exceed my wildest expectations, and I fully expect you to throw your money and your womenfolk at me if achieved. Personally, a 50% win rate with wins 2x losers would be insane.
I won't be holding these trades for months, most should be closed by the end of the day, I don't want to sit through pull backs (of course, depends on your definition of pull backs), nor shall it be 1 pip stops or anything silly as I've done in the past, just boring stuff, should be rather tame.
So, with that, I shall post charts. They're daily, because I'm sure as hell not posting 3 charts for every instrument, and it gives perspective for the first post, may well do hourlies in the future if they show all/most of the lines. Shouldn't make much odds as plan to post a chart for every trade. You can see I got more and more blasé as I went through em, the EURJPY chart is a mess, nevertheless, I ****ing love my tron theme.
Oh, I'll be happy posting a statement as an xmas present.
P.S. on second thoughts, knowing some of the posters on here, keep your womenfolk
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AUDUSD24082011.png49.4 KB · Views: 240
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EURGBP24082011.png54.8 KB · Views: 246
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EURJPY24082011.png52.9 KB · Views: 200
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EURUSD24082011.png58.1 KB · Views: 208
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GBPJPY24082011.png53.3 KB · Views: 220
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USDJPY24082011.png49.9 KB · Views: 209
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USDCHF24082011.png47.8 KB · Views: 183
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USDCAD24082011.png53.4 KB · Views: 199
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GBPUSD24082011.png51.8 KB · Views: 197
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