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Bk55 replied Dec 9, 2019weekly ress looking to tp1 50% bank and free position for weekly rejection
General Trading Chat / Ideas
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Holy grail explained
Started Dec 7, 2019|Rookie Talk|6 replies
The holly grail Lets start with why so many traders fail. The market exploits our weaknesses! ...
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Bk55 replied Dec 1, 2019the 2 trades that have entry on 25th where made on weekly chart have stops with profit locked in. the added trades where on 27th on 15min chart i was watching them i worked it that if the trades made on the 27th broke the black box res on my chart i ...
What strategy to use?
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Bk55 replied Nov 30, 2019The trade started out with under 1% risk now both are trades are winning i added as many as positions i could to balance the profits with resistance zone. I had zero risk at this point adding using the profit from first positions. as you can see the ...
What strategy to use?
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Bk55 replied Nov 27, 2019not happy dont feel any progress made in last 5 weeks since made this fxbook I let bad habits creep in and allowed my DD climb above 10% I will close this demo and fxbook and take no data from it i preach about risk and failed to follow my own ...
General Trading Chat / Ideas
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Bk55 replied Nov 27, 2019I spent some time looking into martingale tried a few different ways to use it im always looking at ways to to add extra edge to my system I found if I applied it to price action set ups picking tops and bottoms and when they failed i would triple ...
Martingales: Forget Technical and Fundamental Analysis
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Bk55 replied Nov 27, 2019Personally I find best edge you give system is scaling in and out of positions when done right you can add to a position using the markets money keeping your risk down your find a few more break even trades across the board but winners will yeid ...
What strategy to use?
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Bk55 replied Nov 27, 2019s I dont think a $300 live teach anything about emotions if your using good risk management your risk per trades probably $3 to $6 now i dont know your circumstances maybe $3 risk will test your emotions its different for everyone example John has a ...
What strategy to use?
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Bk55 replied Nov 27, 2019Its the nature of the beast you win some you lose some. I scalp and swing i have about 50% rate over 800 trades with most winners hitting 1 to 3 RR I think the best way to gain confidence in a system is data, screen shot every trade you trade with ...
What strategy to use?
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Bk55 replied Nov 27, 2019EA h4 head and shoulder with 200sma and 50fib neckline should go next fib 38.2 ....1.61500 if the neck breaks
General Trading Chat / Ideas
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Bk55 replied Nov 26, 2019closed small tp as gbp seems to be running out of steam lower time frames
General Trading Chat / Ideas
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Bk55 replied Nov 24, 2019was a bad trade i see some ress and inside bar and shorted it didnt spot the gap till after dont like being on the wrong side of a gaps
General Trading Chat / Ideas