Trade #2 AUDCHF +5 TP Trade #3 [Bonus Trade #1] AUDCHF +5 TP image Trade #4 [Bonus Trade #2] EURAUD +5 TP image Comment: Top 2 trades are consecutive hour trades and examples of what I was talking about earlier and the EA trade was executed ...

As simple as possible: 00 level trading

Yes that's right and you understand now! Masterrmind...........

As simple as possible: 00 level trading

Actually the stop loss used is a HSL = hidden stop loss so it's not visible to peering eyes as such. Masterrmind...........

As simple as possible: 00 level trading

No trouble at all my friend! One point I need to make though is that dropping down to an M15 TF from a H1 TF has nothing to do with noise or error since it is generated data. It will open up your eyes..... Masterrmind............

As simple as possible: 00 level trading

Of course they will be different because the TP is getting eaten into... I calculated the following based on Tp = 4.45 pips and SL = 10 pips: 10/10 = 44.5 pips 9/10 = 9x4.45 - 10 = 30.05 pips 8/10 = 8x4.45 - 20 = 15.6 pips 7/10 = 7x4.45 - 30 = 1.15 ...

As simple as possible: 00 level trading

Yes because it gives a little extra confidence knowing that price needs to completely reverse to take you out! Masterrmind..........

As simple as possible: 00 level trading

You know we use a SL = 10 pips right? On my chart you can see where my trade opened. Now look to see where my SL would be located when I opened the trade....hint: 10 pips below where I entered. Now then which side of the DO would that put my SL with ...

As simple as possible: 00 level trading

For simplicity sake we use 5 pips. From a net pip gain this will likely vary between all of us so it makes sense to just say 5 pip TP. Net gain of course would be less "cost of doing business". Masterrmind..........

As simple as possible: 00 level trading

Mini breakout strategy used........ PA pulling away from the DO and having to take out recent highs (very recent) to get me into the trade. Look where my SL was placed with this setup. Masterrmind........

As simple as possible: 00 level trading

Trade #1 AUDJPY +5 TP image Masterrmind...........

As simple as possible: 00 level trading

Hope you have a really great trading day Udine........... Masterrmind.............

As simple as possible: 00 level trading

Alright! Here comes London............ Masterrmind..........

As simple as possible: 00 level trading

I always take a look at the charts after considering all the factors so I wouldn't be saying don't trade today. Each chart should be based on its own merits at least that is what I do. Trading the news does not form part of the strategy of this ...

As simple as possible: 00 level trading

Winning 9/10 trades over the short term or the long term is a challenge but it can be done! You only need to be winning 7/10 or better to be profitable (depending on "your cost of doing business"). If you have greater costs related to your trading ...

As simple as possible: 00 level trading

Nope! What I generally consider to be too close to the BRN (but not always) is < 5 pips. Anything < 5 pips and I'd need to have very good reasons to take the trade (I always have good reasons for doing so!). The GJ trades I took were about 17 pips ...

As simple as possible: 00 level trading

Simple.......... Look at the chart and follow PA before and during the FF session.......... (don't use a H1 candle or you'll see nothing so drop down in TF to say M15 or lower) Decide for yourself where price had been and where it was likely to be ...

As simple as possible: 00 level trading

That's it from me..... Good luck everyone and I hope you grab a heap of great trades. Time for rest......... Masterrmind............

As simple as possible: 00 level trading

@ Carpathian @ ChrisGC Great to see a few winners showing up but they are rare at the moment............ Nice work! Masterrmind............

As simple as possible: 00 level trading

Thanks flx69..... But to be honest it has not been easy trading over the last few days as really good setups have been harder to find. Hopefully this will change soon. I hope things turn around for you very soon. Masterrmind............

As simple as possible: 00 level trading

Trade #4 and Trade #5 [Bonus Trade #1 and #2] GBPJPY +5 to TP GBPJPY +5 to TP image Comment: The 1st trade should have been taken from the BRN but I wanted PA to clear out below mini support on the left hence I shorted from 900! ...

As simple as possible: 00 level trading