On the contrary the first law in trading is Capital protection. The enigma of the market is you never know what will happen next, past performance do not guarantee future results, you never know the day the market will drop or rally and not turn ...

$200,000 in 6 Months? What do you think about this challenge?

BAIL OUT/ RATIONALIZATION I wanted to start the week with a positive result so i rationalized 2 EURJPY signals as being too close to a BRN and on my first signal on the GBPSUD pair, I couldn't wait to hit my 1/2 target after getting 1/1 R/R and ...

Multiple time frame 24ema

Nice one there Rooi. I rationalised EJ but it would have done well. I took GU and bailed @12pips. Done for the day 6% got to concentrate on my day job

Multiple Time Frame Stochastic trading using 1min charts

Thanks mate and wishing you proper mental frame of mind for the weeks trading ahead!

Multiple Time Frame Stochastic trading using 1min charts

Had a wild day on Thursday, don't even ask. Friday was recovery day thanks to this thread!

Multiple Time Frame Stochastic trading using 1min charts

That would be great, do share any you might have.

Multiple Time Frame Stochastic trading using 1min charts

MY REVENGE Friday morning i visited my Fried Rooi's thread for some inspiration and all those pips nailing gingered me up. I saw traders trading multiple currency pairs and carting off pips and and i said to myself hey you sure can do this, so I ...

Multiple time frame 24ema

MY FOLY See how it went down

Multiple time frame 24ema

I LOGGED OUT Thursday was a very good day on the markets but I made a terrible mess of my trading, didn't keep to the rules, chased the news where I should have simply waited for a divergence to continue with the news direction or fade the move ...

Multiple time frame 24ema

Hello Dan4o, I like your charts and most especially your consistent high results, it would be helpful if you could post all your indies and templates and entry and exit rules. Keep up the impressive perfomance!

Multiple Time Frame Stochastic trading using 1min charts

even the beast is tamed

Multiple time frame 24ema

MORE COMPARISON Seems like 8,3,5 is saving the day, I went back and saw how today's late asian and early London sessions would have played out with 8,3,5 and .... 8,3,5 has it, just like I settled for 14,3,5 earlier, the 5 slowing smooths out some ...

Multiple time frame 24ema

SO FAR, VERY GOOD I was in and out of the office so could not take advantage of the good moves of today's market. I'm amazed just following the new rules I've drafted and going over the charts I see abundant opportunities. It seems now that I can ...

Multiple time frame 24ema

The M15 Stoch is set to 8,3,5 M1 21,3,5

Multiple time frame 24ema

The list:- P4L Clock ICT Big and mid figures ICT Asian session (opens @ midnight closes @ LO) MTF MA Crossover Alert Sc MTF MA Sc MTF Stochastic TriggerLines mtf (LSMA) ASC Trend Matrix 2 TF (Optional cos it agrees most of the time with both Stochs ...

Multiple time frame 24ema

LIVE OBSERVATION I may have to adjust the M15 Stoch settings a bit, I've opened a new chart just to observe, though there will always be a trade-off hoping that would be favourable, meanwhile can't trade again today got to be busy on my "j o b" lol.

Multiple time frame 24ema

MORE VISUALS I like the line graph as I don't have to bother about candle patterns all I need to see is PRICE closing above or below the MA and my P4L clock tells me when the candle ends.

Multiple time frame 24ema

VISUALS How it looks with an example of a sub-optimal trade that took 11 pips from my account.

Multiple time frame 24ema

I did some thinking, and I saw that I allow my SL to get hit more than 90% of the time but more than 50% of the time, I bail out and my TP is out-shot by price and I concluded it's the old "I can't afford to lose what I've gained and price could ...

Multiple time frame 24ema