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Davit replied Dec 27, 2012Use this technique which is great method.Once in profit move your stop say 10pips profit then let it ride as far as it can then keep moving the stops so you don't lose the gains.This way you got a free trade in profit and you can let it lose.I also ...
Another simple system - Time-Frame 15
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Davit replied Dec 27, 2012Guys thank you.I had a great Christmas week.since dec 17 +536pips
My indi is inclosed If you look at left you'll see Price hit a strong Resistance in orange.Confluence of that and fibs.Another simple system - Time-Frame 15
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Davit replied Dec 27, 2012+19pips GU short Confluence of Fib+RN
Another simple system - Time-Frame 15
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Davit replied Dec 27, 2012Think of 123 pattern.Price never or rarely travels in straight line.Usually it retraces to certain fib level (on my chart)and continues down. You selling at the bottom of wave 1 is risky and has a higher probability of failure. There is no "red" ...
Another simple system - Time-Frame 15
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Davit replied Dec 26, 2012On Euro Fundamentally Euro is due for major reversal and Fiscall Cliff resolution or avoidance will send this flying down.Overall momentum is uncertainty with bearish mood.In uncertain times fear takes over. I am looking for possible short at 3266 ...
Another simple system - Time-Frame 15
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Davit replied Dec 26, 2012Everyone has a thinking pattern.This is mine.Looking at GU I am looking for good spot to short. I have pending short at 6165 which is close to golden ratio.I'll be looking at possible short at 50% as well.
Another simple system - Time-Frame 15
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Davit replied Dec 26, 2012You are doing good.You got the basics. I would be little wary selling AU since it is at the support level.If 90% of the down move has already occurred then the trade is riskier or higher probability of reversing. Just be always mindful where the ...
Another simple system - Time-Frame 15
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Davit replied Dec 26, 2012Subscribed! Great thread!Lovely.
Ratios & Harmonics: a Different Way to Trade
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Davit replied Dec 26, 2012There is a simple solution.If you are already in a winning trade move your stop loss to be either break even or in profit.If I am 20pips in profit I move my SL to 10pips profit allowing room for PA to move in case it goes higher in my way. Either ...
Another simple system - Time-Frame 15
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Davit replied Dec 26, 2012You had a winning trade and I am puzzled why you did not take profit on multiple opportunity and let a winner become a loser. When Price came back to 10EMA 3rd candle you should of closed. Managing a trade is critical. Please watch this video from ...
Another simple system - Time-Frame 15
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Davit replied Dec 26, 2012I am always in frame of mind that shoot as high as you can and if you reach 50% less then your target then that is still amazing achievement. 2k 10% a month is 900k in 5years. Just don't over-leverage your account and remember its a turtle race. I ...
Extracted Thread (per thread starter's request)
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Davit replied Dec 26, 2012Magrami welcome. nice name sounds Persian to me or Kurdish.I took the same trade congrats.I also took a sell on GU. Green pips to you. Just a note LE1 prefers you post actual trade numbers as well not just the chart.Similar to mine.
Another simple system - Time-Frame 15
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Davit replied Dec 26, 2012spread is stabilizing 2.5 now at MBtrading Cable is acting strange.Overall sentiment is down it seems.I am just waiting good spot to short.
Cable Update (GBPUSD)
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Davit replied Dec 25, 2012some markets are open but extremely low liquidity.My volume is flat hence why I placed those pending orders if they get spiked I may get into a trade on optimum price. My MBtrading main account is open.
Cable Update (GBPUSD)
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Davit replied Dec 25, 2012Hi bro I did take advantage of that drop.I got +180pips on GU and Eu.Click on my name and and my posts and you will see it on my journal. I am a student of Harmonics and I got much to learn(anther way of saying I am unripe avocado
).I love Fibs. ...Cable Update (GBPUSD)
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Davit replied Dec 25, 2012got 3pending shorts on key levels.It may get filled tonight on London open
Cable Update (GBPUSD)
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Davit replied Dec 25, 2012I got 3 pending sells waiting for action.All on key areas. 50% Fib important line 3233 61.8% fib 3250 and 3290 I don't think there will be Fiscal Cliff and retrace way overdue.
EURUSD