No far from it that was exactly the answer I'm looking for, totally honest and to the point can't get any fairer than that can you... I've never been interested in playing poker before now but all your talk about it is making me consider taking it ...

Trading is as simple as ABCD

Hi Nightstocher Hear what you're saying about backtesting and I must admit I do find it rather boring and tedious, not to say I haven't done my fair share of it of course. Problem is I'm not even convinced it means too much because the market is ...

Trading is as simple as ABCD

Yes very true I think we've all been there, its very hard to hit the trigger on a pullback entry because price has just been going against your trade and then as it turns you have to believe you're right and hit it. Not always easy to do, especially ...

Cutting the cord with M1 scalps

Hi Capstone Charts looking nice and clean, always a good sign of a good trader in my book. Haven't had time to read your thread or system yet but promise I will at weekend so if I'm stating the obvious here thats in your strategy then I apologize ...

Cutting the cord with M1 scalps

You know the more I think about the more I'm starting to realise its all in my head isn't it??? If I could convince myself that the momentum run is enough whatever it is and that if its a trend then I can just trade each move as an individual trade ...

Trading is as simple as ABCD

I use to trade at 1% per pip so that would be about 70% those were my double the account in one day days.. But in preparation for going live I decided to reduce it to 5% across 20 pips so would of been up about 17.5% I guess... Mind you ...

Trading is as simple as ABCD

Nope another BE from being almost 30 pips up to nowt, hmmm Mr capstones words are ringing in my ears, take the money , take the goddam money!!!! But if I can keep entering fairly accurately then my day will come, either that or I'll have to start ...

Trading is as simple as ABCD

As if by magic, here's what I'm talking about guys GBPNZD just changed slope colour around NYO so take a quick break and retest entry and see where it goes????

Trading is as simple as ABCD

I gotta go to work but one other thing I forgot to mention we even know when to expect these 1 minute moves, they happen around or just after market opens as the money comes to the table so we even know when these moves are likely to happen.... ...

Trading is as simple as ABCD

Hi Capstone Yep makes a lot of sense to just keep taking the momentum runs and not the trends. I think one of my problems with forex has been trying to capture these long trends eg 100 pips etc which of course do occur but not that often but the far ...

Trading is as simple as ABCD

Hi Knez Sorry late answering only just saw this post, it depends which timeframe you want to use as your master as what we're doing is putting the higher timeframe 100lwma on your 5 min chart. For me I'm looking at the 5 min 100lwma on my 1 min ...

Trading is as simple as ABCD

Well that all ended in disaster again my "breakout trade" got slaughtered for 20 odd pips and my other 2 trades got taken out for BE's so a net loss of 20 odd pips from that move.... Not too clever is it??? Somethings amiss with my whole philosophy ...

Trading is as simple as ABCD

Pressures biulding so hopefully a breakout with no retest....

Trading is as simple as ABCD

If you want to know what price actions all about then do yourself a favour and open up the tick chart on GBPAUD there's a horrendous battle going on. I reckon after the last 2 weeks of the GBP running up about 1400 pips on the referendum someone has ...

Trading is as simple as ABCD

That worked out rather well now how long to hold??? Well this is a very early entry in a potentially good move so will go with the trend trading strategy here and hold on the MA colour change lets seee how it pans out???

Trading is as simple as ABCD

That wasn't very clever had a 25 pip profit almost turned into a losing situation but managed to exit at net BE in the end... Heres how not to do it, got myself nicely up on my first entry a break and retest of BRN and up about 25 pips at one time ...

Trading is as simple as ABCD

Talking about being more selective on our entries on these 1 minute charts here are some of my favourite entries around Daily laevels, like yesterdays close, high and low. Thats why I have them on my template, have a look at some of these entries... ...

Trading is as simple as ABCD

A nice start today with a solid AB move then a pullback to the BRN and we're off. Good place to start at 1.8600 level quite often a run sets up from these BRN. Probably need to be a bit more selective on my entries and look for these break and ...

Trading is as simple as ABCD

Wasn't my best today had 4 losers and just the solitary winner so had a minus day of about 35 pips so not so good, but thats the way it goes, but can I learn anything from my losers??? Well I've done my statuary review of all trades and to be honest ...

Trading is as simple as ABCD

hi Knez I haven't personally tried it as I'm a 1 minute man through and through But it will work fine just use same settings on 5 min timeframe, always trade with the strongest trending 5 min pairs. Maybe use 5 min and 15 min on TT indy and trade ...

Trading is as simple as ABCD