yes you will take losses that's just part of trading if anyone tells you they don't take losses they are lying

Trade With Me - reverse psychology

use this template the stop loss is the red and blue lines take profit is 1 -1 risk rewards this is much better

Trade With Me - reverse psychology

got a great idea target 20 pips and say your long , and there is 2 red candles in a row just exit target 20 if you get it good luck

Trade With Me - reverse psychology

the past not = the future so just forwards test this

Trade With Me - reverse psychology

cant you understand it ? its easy green arrow bias is up , enter on the pullback blue arrow, buy magenta arrow is down enter on pullback with red arrow sell

Trade With Me - reverse psychology

just be confident with this win or loss, because when you are 3 pips in profit your managing you risk by pacing a 3 pip stop loss

Trade With Me - reverse psychology

stop loss is a change of bias so if the arrow was green and then it turns magenta this is a change in bias and a stop loss exit

Trade With Me - reverse psychology

this is for the 5 min timeframe forgot to mention

Trade With Me - reverse psychology

ok just loas the indicators and template then we can discuss it

Trade With Me - reverse psychology

try this open and close above 5 x 5 high go long open and close under the 5 x 5 low enter short

1 hour system trade with stochastics

if you make 6 % a week that's 24 % a month compounded

1 hour system trade with stochastics

i, trading USD/CAD so at 0.01 lots that's 6 % win or loss

1 hour system trade with stochastics

im using 40 pip stop loss and 3 entry's total risk 120 pips targets 20 40 60 so thats 120 pips 120 for 120 easy close out if the open and close go other side of the 5 x 5

1 hour system trade with stochastics

an EA would be good

1 hour system trade with stochastics

give the trade room to work trust the 5 x 5 ema to hold the price action exit on breach of the 5 x 5

1 hour system trade with stochastics

just use the 5 ema shift 5 open close high low need to be above or below the 5 ema shift 5 hold the trade until the price breaches the 5 x 5 last post

1 hour system trade with stochastics

i have another update this one uses 26 ema so its the same as before but this time use the 26 ema to trail if the open and close go under or above ethe 26 ema enter trail using the 26 ema target 80 pips exit on the open and close past the 26 ema

1 hour system trade with stochastics

basically look for open and close past the 13 ema and you can hold until the 1 hour close goes past the 13 ema simple you could set a target of 80 pips up to you

1 hour system trade with stochastics

i have simplified this just use 13 ema and enter on the first open and close past the 13 ema sop loss 20 pips or open and close past the 13 exit 40 pips template attached

1 hour system trade with stochastics