Losses will happen Nawlins just don't get discouraged. I had 4 consecutive losers on Wednesday last week. But - Also found a couple big waves and rode them long enough to erase my losses and put a few pips in the account. If you manage your trades ...

Simple Simon Balance Line Trading

Yes it is - set your buy stop just above that resistance line

Simple Simon Balance Line Trading

Fx pipin, Why did you close the order? Did you close it, or did you let price hit your stop as you trailed it? The main objective of this method is to ride a pips wave. Once you get a wave started just ride it. I'll post an example. Yesterday I had ...

Simple Simon Balance Line Trading

Dan - I like your chart setup! However - I don't see any pivot points or support and resistance lines. How can you place a trade without them? I can't tell you how many trades I forego because the signal is too close to a pivot, or support / ...

Simple Simon Balance Line Trading

Believe it or not - I started using it last Thursday! Wednesday was a bad day for me, so I did a gut check, broke out the checklist, followed through and haven't missed a beat since!

Simple Simon Balance Line Trading

Neil - glad to hear it brother! Good things happen to good people! Sorry I missed you last night. Maybe I should have stayed at work, seems FB was working just fine here!

Simple Simon Balance Line Trading

frollollc, Fantastic Analysis

Simple Simon Balance Line Trading

There are no TP's with this method. Please refrain from discussing TP levels. Read the rules - familiarize yourself.

Simple Simon Balance Line Trading

EURAUD — EURAUD just spiked to +60 now have +40 locked in

Simple Simon Balance Line Trading

Damn - just looked in my account history. I completely forgot about the NZDUSD trade I initiated Friday and closed this morning (at 0430!) for +72 pips! All in all not a bad trading day!

Simple Simon Balance Line Trading

USDCHF 15 tf - closed on stop at +15 pips EURAUD 4H - +30 pips locked currently at +46 (trying to get back the 90 it stole from me last week!) USDCAD 15tf - stopped out -15 pips USDJPY 15tf - Closed on my own at + 10 pips 4 trades taken 3 winners = ...

Simple Simon Balance Line Trading

Just got back in Titch - saw the e-mail haven't gotten to it yet! Thank you!

Simple Simon Balance Line Trading

Pipdude while I appreciate and value your input, lets leave it at the 15TF and 1H. Thanks Brother!

Simple Simon Balance Line Trading

We don't PROSPECT trade -we dont use TP levels Gunner. Please refrain from these type posts

Simple Simon Balance Line Trading

Yes Jules I do trade this method live. My lot size is generally based on the risk per trade, and the distance to the stop level. I risk 5% per trade, but generally my lot sizes are .6 to .7 full lots per trade.

Simple Simon Balance Line Trading

Gunner - please refrain from graying the method rules. We don't use TP levels in this thread with this method.

Simple Simon Balance Line Trading

Jules you've come to the right place. When trading this method, just remember to stick to the rules for entry, and ALWAYS place your stoploss per the rules. Let price come to you, and when it does - SIT ON YOUR HANDS! Wait until you can move your ...

Simple Simon Balance Line Trading

Have to leave in 5 minutes for my turnover briefing. Will be back in about an hour or two!

Simple Simon Balance Line Trading

Trades — USDCHF 15 tf - closed on stop at +15 pips EURAUD 4H - +20 pips locked currently at +34 USDCAD 15tf - Almost sorry I took this trade currently at -8 pips USDJPY 15tf - currently at - 4 pips

Simple Simon Balance Line Trading

I have found that the 15tf is prime for grabbing a daily wave at the beginning of the new daily candle. Price generally goes sideways until EUR and London Open. The daily candles haven’t formed their bias yet. I have found that the initial entry ...

Simple Simon Balance Line Trading