LATE ENTRY I allowed the noise of the EURUSD trade to cloud my judgement. I allowed myself to be rushed into the wrong decision. To save the day I decided to risk another 17 pips (3rd risk for the day) and potential reward of 30 pips thank God it ...

Multiple time frame 24ema

FAKED OUT The outcome of every single trade is not guaranteed, it may be +ve or -ve. You only cover your exposure and place your bets. I was sold a dummy (EURUSD) and I fell for it, but the let down was I DID NOT FIGHT BACK! I went into panic mode ...

Multiple time frame 24ema

NEW RULES I have been going thru my charts again and I see that so much pips is left on the table. I have been fixated on the M5 charts even going to M1 to catch"early"entries. I think I should start my day on the D1, H4 then M15 if I have missed an ...

Multiple time frame 24ema

WORK NEEDED I observed I still need to work on my punctuality and my emotions. i did not get up from bed like I used to with the first sound of my alarm clock instead I lazed a bit on my back, had I gotten up, and reached the office at my usual time ...

Multiple time frame 24ema

Did you miss this? image Rag2RichesFX | Status: Bubbles are inevitable Quoting Redddz great job mate, im still amazed. did you actually make this much money last week? of course not. i dont even have 100k to trade with im still "rags" myself ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

TO HOLD ON OR NOT? I shorted EURUSD and held for 30 pips (broker gave me 29.7) pips, I saw downside potential (from H1 view), so I was able to hold on. With this I was able to recover yesterday and this morning's loss, and top up some more profit.

Multiple time frame 24ema

CRUNCH TIME I am thinking 8 pips is good enough to give me my 5% (at my current leverage) but when I consider that : I'm risking between 15 to 23 pips to get 8 pips, and sometimes after exiting at 8 pips price coasts to 20-150 pips: I think I have ...

Multiple time frame 24ema

"You will miss 100% of the shots you failed to take" -Michael Jordan

Multiple time frame 24ema

FIGHT I took a sell in GBPUSD and was stopped out would have taken the other signals but had shifted to other pairs for signals. He who fights and fights again lives to grab the green pips. Just commit to taking ALL your valid signals.

Multiple time frame 24ema

M5 ISSUES? I've begun to see some patterns in this method of mine, seems there's the conflict of HTF direction and one has to balance that out. Around Lo there appears to be sometimes a move counter to the HTF direction which the H1 mtf stochastic ...

Multiple time frame 24ema

YESTERDAY'S RESULTS I took a trade (Sell) off the EURUSD pair after London close, the trade immediately went against me but I was determined not to close any trade simply because the trade was looking unfavourable, I decided to cover my exposure by ...

Multiple time frame 24ema

GOOD ENOUGH I see that M5 is not too shabby at all, I will proceed it's the same tactics after all just another presentation of H1 Stochastic and the current period Stochastic

Multiple time frame 24ema

M1 OBSERVATION Seems M1 let's one trade with smaller SL, will back-test and front-test

Multiple time frame 24ema

M1 SCALPING I'm observing the new look even in M1 and I like what I see, I've not taken any trades at all, but would have captured more than 5% this morning.

Multiple time frame 24ema

NEW LOOK Just a change in format Using the multi time frame Stochastic you can actually overlay two time frames on one window and use the O/S O/B levels of the higher time frame to signal direction shift, this is another way to view the charts, I ...

Multiple time frame 24ema

MY GOAL CONSISTENCY, pip upon pip image Spudfyre Don't worry about how long it will take you.....work towards consistency..always consistency. You have to learn how to make 10 pips a day, 20 pips a day...than add value to your pips when you know ...

Multiple time frame 24ema

ANOTHER 5% I see the awesome potentials of this method, 8 pips gives you 5% 16 pips gives you 10%, and so on. I had been waiting out 15, 30 pips trades with same level of leverage but after my October 1st burst, I'm yet to gain the confidence. ...

Multiple time frame 24ema

image Thought of the Day… by 50PipsFX "Goals help focus you on areas in both your personal and professional life that are important and meaningful, rather than being guided by what other people want you to be, do, or accomplish." - Catherine ...

Multiple time frame 24ema

THE BIG QUESTION During the ups and downs of my trades today when it seemed like I was gonna lose I had to ask myself, why did I take positions in two different pairs, what if they all hit SL? Then another question came and said the real issue is ...

Multiple time frame 24ema

BIG PICTURE On the H4 TF, I have the H8 14LWMA (28LWMA) giving trend Direction. Occasionally a M5 trade may coincide with a trend change on the H4 TF and that is what I long to catch and latch on to, like today's AUDJPY

Multiple time frame 24ema