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60minuteman replied Nov 30, 2012the H1 entries on the pairs I watch this week... should of made 2-300 pips with a reasonable money management strategy DAX EU OIL FUTURES GOLD SPOT
Buy sell line trading
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60minuteman replied Nov 30, 2012Hi Dinemma, glad you like the thread.. The m15 strategy is just another pattern that works... but you need to be able to take strings of losers before hitting a massive win... so its down to personality.. I trade H1 engulfs at retraces right now, ...
Buy sell line trading
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60minuteman replied Nov 28, 2012I love what you guys do here, its very nearly an awesome strategy, but I find the weakness of an inside bar is that it hasnt CLOSED over any s/r... think you'd be better trading the same way but switch the IB for an outside bar... just my 2 cents ...
The DIBS Method... No Free Lunch continues
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60minuteman replied Nov 28, 2012with regard 3 set up signals... The engulf and type 2 is all you need... the third would be an inside bar..but, the reason an engulf is a better signal is because and engulf is price closing over recent s/r...i.e the breakout has already happened, ...
Buy sell line trading
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60minuteman replied Nov 28, 2012oooh i forgot to add... wait for stuff to put new high or low swings in... if its just going sideways for a day, wait.... it's hard to do but its the difference between a trader and someone wanting to trade
Buy sell line trading
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60minuteman replied Nov 28, 2012I hope you guys do stick with it, it takes some effort and balls to break the mental barriers, but a simple system based on these rules works... tips... 1. find some sort of trailing stop you're comfortable with to keep you in the big moves... 2. ...
Buy sell line trading
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60minuteman replied Nov 28, 2012GOLD type 2 entry over 200 and done for the day
Buy sell line trading
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60minuteman replied Nov 28, 2012ok, you can do that, but you are in effect longing at the top of a range or s/r cycle... just higher risk
Buy sell line trading
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60minuteman replied Nov 28, 2012mmm... ok.. I think people fail with price action trading for a few reasons... a lot is to do with common trading mistakes, rule breaking, closing early, talking yourself out of valid trades etc etc... But also they get too obsessed with the candle ...
Buy sell line trading
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60minuteman replied Nov 28, 2012yeah right now im just on H1... and yeah all I trade is engulfs really... I have adapted a few ways to use them though...
Buy sell line trading
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60minuteman replied Nov 27, 2012Monday , Tuesday, always happy to just get through them in the black...
Buy sell line trading
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60minuteman replied Nov 27, 2012still cant see it... yes I trade gold and oil..., you can do a visual backtest yourself
Buy sell line trading
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60minuteman replied Nov 25, 2012Hi Kash... ok... 1. im the same as most traders... sometimes I break rules... possibly what has happened in those instances. 2. All of the systems here work on the same principles, I have tweaked each one to work for ME on different TF's... ...
Buy sell line trading
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60minuteman replied Nov 24, 2012open of the previous bar to be exceeded by the close.
Buy sell line trading