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hellsbells replied Nov 5, 2018it's the end of the hour, it will do its best to lie to you. NB, well it has held up on hour turnover, with increasing vol on hour candle, I'm just not convinced for some reason, probably because I'm not in a trade atm lol.
USD/JPY Discussion
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hellsbells replied Nov 5, 2018I've traded pretty well this am, but this is a $15 gamble. Obviously I'd like to see confirmed reversal with 15min candle completion on the hour. Last 5min candle was very bearish, and I'm used to seeing a reversal around this time before Japan ...
USD/JPY Discussion
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hellsbells replied Nov 5, 2018Excellent long answer, thanks so much i will review it better when i wake. I started this post because redardless of how you enter a trade, managing it is a massive challenge! So thank you. I tend to swamp my trades by having them BE, lots to think ...
Profit taking
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hellsbells replied Nov 4, 2018Had 2 trades, just TP 1 at 128.807, other BE, will review TP for remaining, maybe 128.520 ??
EUR/JPY
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hellsbells replied Nov 4, 2018Everyone has to find their own unique style that works, cheers for the replies
Profit taking
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hellsbells replied Nov 4, 2018Sleep is so important, don't fatigue yourself. Forex goes on and on. According to my world clock right now it's 4pm for you, and the next 2 hours are peak for the Asian so I'd say 4-6pm for you is good. Next big session is in 5 hours time so it ...
Question about sleep schedules for full time traders...
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Profit taking
Started Nov 4, 2018|Trading Discussion|15 replies
Hey there, there's heaps of posts on trading styles etc but I want to work on my profit taking ...
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hellsbells replied Nov 4, 2018Just a little more over disclosure on my failings... When my account hit $20k and i started trading 2lot per trade 1- i thought i was queen bee and my trading plan went out the window . Normally i wait for confirmation then make 2 trades, and ...
Minimum Balance to Trade Full time?
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hellsbells replied Nov 4, 2018If i had $200k id be happy with low risk. Absolutely risk and reward is unique for everyone. Every trader needs to find their niche based on funds , ability, and risk aversion. For me as a trader i know i cant be trusted with bigger amounts yet. My ...
Minimum Balance to Trade Full time?
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hellsbells replied Nov 4, 2018Sorry me again. There are some great answers here, considering your question was abstruse in the scheme of trading. For me i know i can make $400-$1k / week on a $5k account trading .5 lot trades (up to 4 at a time) risking $30/trade and trading ...
Minimum Balance to Trade Full time?
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hellsbells replied Nov 4, 2018I absolutely can relate to this, and have thought of getting a shirt printed with " not rich yet" because people do ask lol.
Minimum Balance to Trade Full time?
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hellsbells replied Nov 4, 2018Excellent post. I feel like this is where I'm at. I tried to let my account grow exponentially and lost all control. I want control. I think having a steady account balance and paying profits, and working smarter for better returns for that balance ...
Minimum Balance to Trade Full time?
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hellsbells replied Nov 3, 2018I've been trading 3.5 years. I took 1 year leave without pay from my 20 year career as a paramedic to try trading full time 4 months ago. Prior to taking leave i had been trading well in that i had taken my $8k account from near zero back up to $8k ...
Minimum Balance to Trade Full time?
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hellsbells replied Nov 3, 2018I like your pic, but that indicator appears to ignore the bearish blow out . Like bollinger bands?
USD/JPY Discussion
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hellsbells replied Nov 2, 2018For those of you with longs prior to this move, hats off to sirs and ladies, and have a nice friday !
USD/JPY Discussion
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hellsbells replied Nov 2, 2018Got sick of hoping it would go up and went and had a coffee break. What a freaking nice surprise! TP1 at 128.673 (which was a TP i'd placed earlier) , TP2 128.896. I tend to fear it's a trap and TP too soon, lifting my SL to 128.565 to ensure min ...
EUR/JPY
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hellsbells replied Nov 1, 2018Ive only been trading 3 years so im a newbie too, but in my experience trading the asian session I prefer to spend the first 2 hours of the session drawing TL , it tends to push up and down and around. Ill start looking for a position 2 hours in ...
USD/JPY Discussion