Count me in. Thanks!

Never Lose in Forex - Guaranteed

gg this is an amazing thread. Thank you for the fresh ideas. I think that gold and chf go up because there is a lot of speculation if there will be a QE3. Everybody is waiting the FOMC Economic projections next week on Sept 13th. If there will not ...

The gg53 "Killing Zone"

Check out this video. You'll learn everything you want about MM and more. url

Money management calculations

Exactly. That's why I liked that trade. The entry was a few pips lower than this support. So, if it was broken it would have to go down (most probably). Also, my TP was a few pips higher than the next minor support level on the left of the chart. ...

Engulfing bars

My biggest win this week was when I shorted GBP/CHF for 145.9 pips according to the rules of the this method. Darrenlittle, thank you for the two setups you've shared with us. I'll check them out. Cheers

Engulfing bars

Hi cjt, That's a good question. I think money and risk management is something personal. It depends on the trader's risk tolerance. You can set it whatever you feel comfortable with. Now, when you set the Reward:Risk 1:1 or 2:1 it doesn't mean that ...

Engulfing bars

What I learned — OK, I closed this morning the trade for +19 pips. Not much but I've learned a lesson. When the Australian CPI came out better than expected (1.6% vs 1.2%) my buy stop was hit and in a few minutes it went up about 50 pips. ...

Engulfing bars

AUD/CAD — Here's a trade I just entered. AUD/CAD Buy stop: 1.0280 SL: 1.0186 TP: 1.0374 Also keep in mind that the Australian CPI is coming out. If the news are good it'll explode...

Engulfing bars

Hi EZTrades, I think he says somewhere in the video that if the trade isn't triggered until the end of the day/candle then cancel the order but don't quote me on that. Maybe darrenlittle knows. But at least that's what I do as it would mean that ...

Engulfing bars

I closed it at 0.8910 for +53 pips.

Engulfing bars

EUR/GBP — In the chart below is EUR/GBP daily. The green dashed line is the 50sma. The green circle is the engulfing bar. Since the price is above the 50sma I'll take only long positions. I have entered a buy stop order at 0.8857 (5 pips ...

Engulfing bars

Thanks for that darrenlittle.

Engulfing bars

My SL is 5 pips above/below the high/low of the engulfing bar. My TP is usually the same as the SL so that I have 1:1 Reward:Risk. Also I never enter with a Market order. I use a buy stop for long or a sell stop for short 5 pips above/below the ...

Engulfing bars

The only thing that he doesn't share is the exit... I am trading this system (50sma, engulfing bars) for the last 2 weeks and it's extremely profitable. I only trade the daily tf as I don't have much free time during the day. So when I get back home ...

Engulfing bars

Hey Dreamliner, That looks like a virus. Try running an antivirus. Hope that helps.

The SwingSpot Progressive System