If you followed the rules, actually this latest GBPUSD trade was a loser, because you could only see colour change when next bar closed which was your signal bar. I don't want to sound negative, just trying to understand how everyone trades, how ...

Fratelli Intraday trading system

When the bar you use as a signal bar closed, the colour of 89 EMA was still black, what about yours? Maybe broker difference.

Fratelli Intraday trading system

Appreciate the quick reply. Thanks. Just one more question. I have read all posts but couldn't see, maybe missed. When placing buy orders, either for opening a long trade or closing the short one, do you take spread into account such as placing ...

Fratelli Intraday trading system

I had a yellow down arrow on EURUSD chart at the close of 11.10 GMT bar (IBFX demo account) but later on (several bars later) when I refreshed the chart, the arrow disappeared. Two bars later (at the close of 11.30 GMT bar), re-entry white arrow ...

Fratelli Intraday trading system

I agree with you. Trading news time with this kind of stoploss (also considering many brokers widen the spread) is the same as tossing a coin and you can do that anytime and it doesn't require any experience at all, lol.

Invictus

Just a suggestion — I was reading previous posts and saw this one and a few others re. RR and related suggestions. I'm not trying to change the original exit rules but for the ones who would like to improve their RR, I may suggest an exit ...

Invictus

Simple but Costly Mistakes — I wonder why it is so difficult to follow simple rules explained thoroughly by Udine and then start complaining about the system or criticizing thread owner. He said he has been trading between 7:00-17:00 GMT, but ...

Invictus

Actually they are awake but they don't know how to read and process. They are so used be spoon-fed.

Trading Made Simple

There were perfect setups on H1 charts one hour after London open such as EURUSD long, GBPUSD long, AUDUSD long, NZDUSD long, EURJPY long, GBPJPY long.

Trading Made Simple

It was perfect entry except timing as London was still closed.

Trading Made Simple

EURUSD — EURUSD is getting close to an important pivot level. I believe today's drop will not go beyond 1.4150 much. If continues, next level is at 1.4015. Taking long side of any USD pair for today is too late, IMO.

Simple Simon Balance Line Trading

Good Morning Everyone, It seems we have a quiet market again though London is about to open. I am observing USDJPY for possible long, NZDUSD for possible long and EURGBP for possible long. Blackeagle

Simple Simon Balance Line Trading

USDCHF — USDCHF from 0.8400 looks good.

Simple Simon Balance Line Trading

Normally one of the crosses that trend well. I always check it for possible setups.

Simple Simon Balance Line Trading

Thanks, although it is not a major pair, it has a smooth chart since start of June.

Simple Simon Balance Line Trading

EURAUD — I like this one for a possible trade. Waiting for congestion to be resolved, may go either way though current technical bias on H1 is up, IMO.

Simple Simon Balance Line Trading

I thank you for starting this thread and also others for contributing.

Simple Simon Balance Line Trading

EURJPY — And the last trade. It seems the weakest one (at the moment) compared to previous two. Basically same reasons for taking a long trade. If it breaks R1, the move will accelerate, IMO. Stop is still below daily pivot and EMAs. Blackeagle

Simple Simon Balance Line Trading

NZDUSD — Another trade I took today. Again trend is up, EMAs and pivot are well supporting the price, price almost touched all three and started moving up. It was a good opportunity with a very good R:R. Trying to break R2 pivot at the moment. ...

Simple Simon Balance Line Trading

Based on my previous post (#958), I took all three trades and still holding. On EURGBP, trend for H1 tf is up, both EMAs and pivot supports the price, price touched Alligator and then showed upward momentum with perfect PA. So it was a perfect ...

Simple Simon Balance Line Trading