Could it be that you don't have an exit strategy? Most only focus on entries but pay little to no attention to exits.

EUR/JPY Anytime!

It depends on time of day and pair i am trading. I usually let the market create my exits alowing them to favor my direction. In regards to daily pip goal... I base my trading in terms of months/years it would have to be an average of my yearly Pip ...

Your Daily Pip Goal?

I developed a system with the same principle of 123. When price violates previous low/high it creates an entry and stops are placed above/below the wave. It works well on any timeframe with good MM.

easiest and most profitable

5min trend trading for past few weeks has been very rewarding on the e/j.

easiest and most profitable

Try looking at the same chart without indicators but with simple sup/res lines. Any differences?

EURUSD

I am certain most have their own oppinions when it comes to exits, and as we can see the ultimate goal is to come up with the best result for every one of our trades. One thing we all seem to agree with is the fact that markets cannot be predicted, ...

Gaining an edge from your exit

Personally Discipline has been the biggest factor. Cheers endroute!

Does Moving average actually act as moving S/R ??

Consider them a tool. All you see around you is basically a tool for you to feed on. You either use it or not but at the end of the day whats important is that you benefit from your trading principles and be disciplined enough to follow them.

Does Moving average actually act as moving S/R ??

Well Done, we are currently looking at a key support area from previous weekly lows.

EURUSD

Typical Friday. Cheers~

EURUSD

Work on your exits mate, you could be closer than you think.

EURUSD

Its obvious this investor is assuming the stocks he owns can only appreciate in value... how about when they do the opposite? Will he become a trader that holds losing positions in the stock market for a very long time with the 'hope' of resuming ...

Got into a discussion with someone, he says forex is inherently a losing game

4H close achieved. Lets see if Daily can hold bullish momentum above 1.0300. Cheers.

USDCAD trend reversal?

At some point in trading you will realize that getting out of a trade is far more important than getting into a trade. Its all about the exit and the problem with most traders is that they only look at the "perfect entry" profitable system but spend ...

Let your profits run...

Still waiting for the close above the 03 level. Cheers.

USDCAD trend reversal?

Plan — In regards to previous post. Weekly trade setting up. Buy clear break/4H close of 1.0300 with primary target 1.0500, stops well below 1.0220. Cheers, S.

USDCAD trend reversal?

Watching this pair closely as it could be setting up for a correction within the next few days.

USDCAD trend reversal?

Euro cosolidating for the the bigger move, currently Gbp/usd looking like a better trading pair. Lets see if the push higher continues. Cheers.

EURUSD

Tech or Fundies? ... — There are several ways to trade the news, wont go into much detail as it could take much time to teach someone to do such thing. My advice would be to follow a system, a good system makes money in any market condition ...

Help...Market Ignoring Fundamentals?

Had monthly bearish signal since end of December which targets much lower than its current price. Cheers. S.

Selling the E/U based on monthly chart??