i didnt put any reversal short trades these days except during BOE minutes, and hopefully it didnt get hit. These days the easy and best approach is to only enter long. Dont worry about the retracement, everybody talks about it, but in the mean time ...

Part Time Wealth Building Trading System - Daily Scalping

Damn, this GY pair is unstoppable. Im 90% sure it will reach 250 before we see the expected retracement. Currently up 100 pips. Moved stop to 247. Lost 40 on GU. Damn pair, I decided some time ago not to trade it because its worse than GY in my ...

Part Time Wealth Building Trading System - Daily Scalping

thanx a lot for the hint. I started trading with Daily Fozzy recently and trailing on the 4h candle might seem a good idea. I will backtest it and see how it works.

Part Time Wealth Building Trading System - Daily Scalping

Of course the main reason is carry trades and this is gonna be for a long time. But the fact that GY keeps rising increases the danger of a very sharp reversal. Yet no signs have been given, hence I continue going long. When it will start to fall, I ...

Part Time Wealth Building Trading System - Daily Scalping

at what level did u enter for AUD CAD? and waht stop loss?

Weekly Charts Trading system-picking tops and bottom

Hey, iPlay, you gave up on this thread? No more Jacko style trading?

Trend Following Experiment - GBPUSD

My update for today: Still have my long from yesterday at 246 opened, tigtened my stop at 245.80, and entered a new long at 246.50, stop 245.80 as well. Currently up 70+ on the first long and 20+ for the second long. Maybe I should move to BE but im ...

Part Time Wealth Building Trading System - Daily Scalping

Today trades: EUR/USD short order at 1.3365 GBP/USD looks bullish after breaking the last downtrend line. I look to enter at around 1.9850. GBP/JPY Long at 246.20. EUR/JPY look to short on Monday if today is bearish. USD/CAD look to long on Monday ...

Highway to Hell

im trading real mini 250$ account on IBFX since May. Only during this months I managed to turn my red account into a green one. Hope it will stay like that, however, I know its possible to be successful, thats why i never give up.

Part Time Wealth Building Trading System - Daily Scalping

fib levels are very easy to draw, there is no special method of using them, just spot a wave and pull the fibs from low to high for an upmove, opposite for a down move. Imp levels depend on each currency, GY for example likes to retrace at 50 ...

Part Time Wealth Building Trading System - Daily Scalping

way to go moneyquest - all my respect for you for being steady and confident and not complaining about the market, but only trying to improve your trading. Im sure that with your approach you will be as consistent live as you are on demo. What I ...

Part Time Wealth Building Trading System - Daily Scalping

I still think that the main reason for which u guys are losing (Pipbunny mainly) is that you are trading mechanically. I stopped thinking that a 50 pips or 40 pips stop would save me. What saves you in an uptrend are Fib levels. Instead of blindly ...

Part Time Wealth Building Trading System - Daily Scalping

and indeed it did happen for me GY is really predictable these days. If its gonna hold these levels and not break below 245.50, I will put my TPs at 250 I hope China wont mess my carefully set-up long trades on GY.

Daily GBP/JPY analysis

Like Sniper said, my guess is that the most likely scenario is the same like last Friday. Asian, European or US traders didnt sell it until now, so this is showing strength. Only if BOE is gonna decide something very bad for GU, which I doubt, right ...

Daily GBP/JPY analysis

Well done moneyquest, I like your trading style, slow and steady. Totally different from mine - I go for big profits and big losses, which in the long run might not work, if I dont have a good strategy.

Part Time Wealth Building Trading System - Daily Scalping

These 2 days I didnt trade GY, its obviously on a consolidation period, so Im waiting for a breakout either direction. Put some orders above and below the consolidation.

Part Time Wealth Building Trading System - Daily Scalping

can you attach screenshots with your 3 trades? say why you entered etc etc etc. Thanx.

Weekly Charts Trading system-picking tops and bottom

if u want this thread to keep going, post some god damn trades, attach pictures, say you entered here, stop there, TP there. Then after a few days come back and say, hey my target got hit, I made x pips. You NEVER posted any trade example here. ...

Weekly Charts Trading system-picking tops and bottom

are u serious? 10 pips SL?

USDCAD trend reversal?

Well, I hope u all guys rode this wonderful trend. My approach was as Al_Have stated: rather than enter blindly at 24 GMT, I preferred to enter at a Fib retracement, mostly at 50% and moved my stops below the 24 MA (special thanx to Al_have too). ...

Part Time Wealth Building Trading System - Daily Scalping