I pay commission at $2.00 per lot traded, my spreads are typically between 0.2-0.7 pips on the pairs I scalp

Rags To Riches V2

My position size is why I continue to get smoked from time to time, I need to only risk 20% of my account right now and when my account grows larger, I risk only 10% I keep saying this over and over stop being greedy and trying to pay your mortgage ...

Rags To Riches V2

I know it's hard to scale back and see this when the market is live but look at the 4hr chart, all price does is if on an uptrend for example, makes high, retraces from high, creates hidden divergence, then goes back up to make a higher high and ...

Rags To Riches V2

The market is Fractal so essentially if you want to catch bigger moves and spend less time watching charts you move up to higher times. We can see here that we made at least 3 weekly highs, price retraced from those highs just to go back up and make ...

Rags To Riches V2

+24.5

Rags To Riches V2

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Rags To Riches V2

That's a nice trade!! I was looking through RAGS2RICHES thread and adopted his RSI along with the 7 I can say it's been giving me better entries

Rags To Riches V2

Saw a 6-pip drawdown on this one just trying to get a little scalp, it worked itself out, oversold with Divergence = Buy

Rags To Riches V2

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Rags To Riches V2

made this trade at work

Rags To Riches V2

It is a busy day for EUR, I will be looking at the charts around US Open

Rags To Riches V2

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Rags To Riches V2

I think it's good for another LL AKA Stop Hunt, it will create the Divergence for the buys

Rags To Riches V2

Massively OVERSOLD don't know if I will catch it but new lows = opportunity

Rags To Riches V2

It took some hours, but it showed itself, look at the 1hr timeframe, textbook divergence. I did not trade this because when I got home EURJPY was just too good to pass up.

Rags To Riches V2

+25

Rags To Riches V2

If EURUSD makes a LL, look for the Divergence and trade accordingly, I'm off to work I need to set up a VPS, so I don't have to worry about missing moves

Rags To Riches V2

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Rags To Riches V2

So essentially it makes more sense to trade EURUSD

Rags To Riches V2