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60minuteman replied Aug 23, 2012Hi Cristiansan... 1. my entry was just below the 50sma, but i see your point... to be fair it was really an attempt to get in on a trend turning point.... 2. The main reason... was a lovely engulf at a failed high, if London open failed at the high ...
Buy sell line trading
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60minuteman replied Aug 23, 2012yeah I took that long, got stopped out for a few pips/ spread loss
Buy sell line trading
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60minuteman replied Aug 23, 2012here's a brief explanation of the commando entry for M15.,,,,
Buy sell line trading
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60minuteman replied Aug 21, 201295% don't do what 95% say you should , that's the problem.. close early, hold losers too long.... simple as that
Go against it
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60minuteman replied Aug 17, 2012thanks Cali... wish I could put things into words like you do... could be more help then i'm sure.... I was out all day today but I did manage getting the second m15 engulf short on AU... left it running all day and ended up with a little over 2/1 ...
Buy sell line trading
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60minuteman replied Aug 16, 2012pretty shitty week for me, managed to rescue today with this GU m15 long (commando entry) p.s don't get disheartened.. tough times for all strats.... nature of the beast and all that... the really smart money is on holiday
Buy sell line trading
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60minuteman replied Aug 16, 2012I look for pairs that are trending, then i trade them until they stop... But I like to mix a commodity pair in there because it gives m portfolio some diversity.... I was trading gold but like you say, to choppy now Oil Daily... nice sustained ...
Buy sell line trading
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60minuteman replied Aug 15, 2012could be done for sure, but need to take some time and study the charts to find the right p.a trigger that will give the right results
Buy sell line trading
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60minuteman replied Aug 15, 2012Sorry Jeff... I did see your Q but never got around to asking it... I do not have 1 rule for managing exits other than "try to get ever last drop out of it" Let me explain more.... my entries are almost mechanical and dont really vary much whatever ...
Buy sell line trading
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60minuteman replied Aug 15, 2012GU M15... trend traders nightmare... time to sit and wait..
Buy sell line trading
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60minuteman replied Aug 15, 201215 minute in the current market... if and when we get some trends I will look to go back to h1 and h4....
Buy sell line trading
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60minuteman replied Aug 14, 2012i do try and keep my risk to 1% max or sometimes less.... no fear, less mistakes
Buy sell line trading
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60minuteman replied Aug 13, 2012just the 1 screen with the 4 pairs on.... on m15 that's plenty... on h1 or h4 you have plenty of time to scan pairs anyway..
Buy sell line trading
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60minuteman replied Aug 13, 2012reverse effect for me... my diet and general health has improved as a result of my trading improving.... more reason to live longer when you have prospects....
Diet and trading: Vegetarians better at trading?
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60minuteman replied Aug 13, 2012nice trade, i love those set ups... get a few everyday.... make a lot of pips off them
Just keep your trading simple, let the market show you the direction and fish for the end of the retracesBuy sell line trading
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60minuteman replied Aug 13, 2012maybe, maybe not.... but..... i'm not concerned with win rates... i know i will lose some, most likely 1/2 of my trades, but my average r/r is well over 2/1... I rarely sweat over trades now, i set them up on a decent looking set up, i move my risk ...
Buy sell line trading
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60minuteman replied Aug 13, 2012Above 50sma... Impulse move, retrace, engulf signal, long at the break of the signal...
Buy sell line trading