Pres, I wanted to ask you about your trailing method. I know that it is handled by your EA normally. I also know you feel trade management is very personal to the individual. Nonetheless, I feel compelled to ask. I've been copying your entry method ...

Prez Forex (pres78) Trading Journal

Agreed. In a live trading room, don't let others talk. Typed questions fine but can't have everyone talking = mayhem.

Prez Forex (pres78) Trading Journal

I'm sure I speak for everyone when I say we would be grateful for either. That said I have watched videos like you describe and I have been in live trading rooms. I personally find the live trading room much more valuable. By watching your and ...

Prez Forex (pres78) Trading Journal

FINALLY, I TOOK THE SAME TRADE AS PRES!!! I caught USDCAD and EURCAD short. Thank you again Pres!!!

Prez Forex (pres78) Trading Journal

Pres, I have a question about news announcements. I'm wondering if you pay attention to news and hold off on entering positions before red news? My own personal feeling is that avoiding all red news will make you miss most moves. However, some of ...

Prez Forex (pres78) Trading Journal

LOL, nice chart description!

vsa with Malcolm

I'm all about this...those bars look like they are smart money pausing their buying activity and then testing the market for true selling (SM selling not retail). On the test (hidden test I believe), SM sees little selling and then they push for ...

Prez Forex (pres78) Trading Journal

TEB, what is Bull Metre? That that some kind of Index like the VIX?

TEB: Daily Strength/Weakness Trading

Thanks TEB!

TEB: Daily Strength/Weakness Trading

It's an indicator that shows confirmed no demand and no supply signals. It is useful if you are watching multiple pairs. Normally I will enter before the confirmation candle prints, but I do find it helpful nonetheless.

Prez Forex (pres78) Trading Journal

Any advice you can give on target or trade management?

TEB: Daily Strength/Weakness Trading

I will admit that taking profits is one of the weaker parts of my trading. What I normally do is try to book half around 1:1. Then leave the rest with full risk leaving me at worst knocked out for BE overall and able to trail the SL with more room ...

TEB: Daily Strength/Weakness Trading

Not something I caught or was even watching, but look at the runner on this baby! An entry on the 50 fib NS test could easily be up 7R here. image

Prez Forex (pres78) Trading Journal

Here's my attempt at mimicking your trading TEB. Your strength / weakness analysis showed GBP / JPY as a great pairing. I identified selling on 3 time frames (I don't have 3 min charts so had to settle for 1/3 going from 15 min chart to 5 min). I ...

TEB: Daily Strength/Weakness Trading

Nice Pres 2BR off the 50 Fib on EU

Prez Forex (pres78) Trading Journal

That's awesome!

TEB: Daily Strength/Weakness Trading

Look at where USDCHF turned back down. Right off the 50 fib of the UHV zone. On a side note, I regret not leaving the last piece of my trade at BE. It would have been up 160 pips now image

Prez Forex (pres78) Trading Journal

Thank you Pres78!!! image

Prez Forex (pres78) Trading Journal

Beauty

Prez Forex (pres78) Trading Journal