Really drift??? you dont trade the hourly chart at all??

Trading Made Simple

I didnt write the novice comment that was someone else. I asked what your stop loss was because you are only hunting for 10-20 pips but trading the 4 hour chart. Irrelevant of your lot size, the problem is you have a 40 pip stop loss on a TP of ...

Trading Made Simple

Provided the risk you are taking is worth the reward. I am curious as to your average stop loss on your trades whilst you are aiming for this 20 pips and using the 4 hour chart.

Trading Made Simple

Right so ideally if you are trading as per the system your stop loss would be below the last swing low which is over 200 pips away. And your profit target is 10 pips??

Trading Made Simple

Yep could be, it would have been good on the one hour chart.

Trading Made Simple

well said Davo.....something I am still working on.

Trading Made Simple

Yeah as someone else mentioned, you have to be really careful at the opening of the London session becasue the new candle may look strong after ranging all day but it is really just the volume entering the market and the ranging continues just with ...

Trading Made Simple

live.....just exited with 3 pips due to massive pullback on last candle and tdi flattening...it may keep going down but I dont want to risk it. Anybody consider that U/CHF short??

Trading Made Simple

yep, I just noticed that red candle on the hourly and the tdi angle looking good. First red candle we have seen on that pair for a while. I am short on thEuro so I wont be touching it....one at a time for me.

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USD/CHF may be due to crash a bit on both 1 and 4 hour charts. Maybe?

Trading Made Simple

that sucks mate. never good to hear that.

Trading Made Simple

thanks for that

Trading Made Simple

hourly has just turned upwards. Seems its risk back on today.

Trading Made Simple

I watch AU, NZ/U EU, GU, UC, U/CHF and UJ I cant see anything tradeable on the hourly or 4 hour charrts....can anyone see anything worth a look??

Trading Made Simple

Any new guys or people unsure of what a ranging market is....here you go...stay away from this.

Trading Made Simple

yep stayed out of it luckily....candles too small. market is flat at the moment.

Trading Made Simple

what do we think guys?? worth a look?? Seems to have stalled at previous large swing high. Stoch and tdi coming out of great overbought areas and plenty of room to move to last swing low (not saying it will get there just saying plenty of room. ...

Trading Made Simple

yep gotcha mate. I see what you are saying (I think)....that using normal candles even if two have reversed, the tdi cross still has probably not happened so using normal candles is of no value.

Trading Made Simple

Not advice...just my view. Of course I have noticed a difference. Your question in almost redundant because the market and market conditions are forever changing. Thats why its so hard. As I said, I find this method easier to trade when the market ...

Trading Made Simple

I understand what it is you are asking. The fact is for a trading method to be solid it needs to ......along with the trader....adapt to different market conditions....the forex market is dynamic...you need to be as well, so if trades that were ...

Trading Made Simple