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- PipRiderFX replied Apr 27, 2011
Hi Divergence, Regarding the other pairs, not sure how they would do in Asia but I have been watching Olarion trade the EU, GU and EJ with a great deal of success during the NY session. I hope that is of some value.
Flag trading the trend
- PipRiderFX replied Apr 27, 2011
I completely agree with you. I am just keeping the two different sets of stats so hopefully it will show me what the difference would be if I had stuck to the rules compared to my actual results. Also my r:r is usually 1:1, so anything that goes in ...
Day Trading - Can I Make 10% a Month
- PipRiderFX replied Apr 27, 2011
Another good day for me. I only managed to find two trades. 1 win and 1 be. However the 1 be did go onto hit my target a few candles later, I just couldn't hack the price action before it. Once I got in price immediately retraced, came within 1 pip ...
Flag trading the trend
- PipRiderFX replied Apr 27, 2011
Today was another good day. However I've still got to learn to strap on a pair! As with yesterday the London session provided me with the relatively painless profit whilst the the US sessions I tried to take one of the 123 setups only to exit early ...
Day Trading - Can I Make 10% a Month
- PipRiderFX replied Apr 26, 2011
Well my first day trading wasn't bad at all. I missed an opportunity in Asia, but picked up a win in the London session. Then missed another flag opportunity on the GU during US. I later took another short in the EU which I exited early for another ...
Day Trading - Can I Make 10% a Month
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Day Trading - Can I Make 10% a Month
Started Apr 26, 2011|Trading Journals|27 repliesHi All, This journal is just a place for me to document my trades, thoughts and feelings as I ...
- PipRiderFX replied Apr 26, 2011
First Day — Well my first day trading wasn't bad at all. I missed an opportunity in Asia, but picked up a win in the London session. Then missed another flag opportunity on the GU during US. I later took another short in the EU which I exited ...
Flag trading the trend
- PipRiderFX replied Apr 25, 2011
ok so I shouldnt beat myself up to much then :-) regarding the divergence... I wasn't looking to trade that... all I was saying was that the pull back was showing a little divergence at the top of it so it would just be one more reason to sell ...
Flag trading the trend
- PipRiderFX replied Apr 25, 2011
Well that would have kicked off the week with a nice profit in 15 minutes... The question is, if we get a pull back now should I go back to the well?
Flag trading the trend
- PipRiderFX replied Apr 25, 2011
Trend looked down to me... pull back was to a previous support which had become resistance... and there was divergence as well to indicate the pull back was weakening... I think I should have taken that... but it was 11:55 would that have made a ...
Flag trading the trend
- PipRiderFX replied Apr 25, 2011
Just missed the EURJPY. Was that a valid short?
Flag trading the trend
- PipRiderFX replied Apr 25, 2011
Anyone Trading Asia — Hi, Is anyone trading the Asian session? Is the chat room going to be open? How do I access it? Thanks
Flag trading the trend
- PipRiderFX replied Apr 25, 2011
Hi Everyone, I am just looking at the charts preparing for tonight and wanted to confirm a few things. Please note I am only using multiple pairs to assist me in learning the patterns I only plan on trading the EURUSD. EURUSD is still in Long mode ...
Flag trading the trend
- PipRiderFX replied Apr 25, 2011
Nothing to laugh about there! They are excellent returns, if you can do that consistently you will easily be clearing 20% per month which is great! Now I just want to join you :-) So would you say that the most important thing is sticking to the ...
Flag trading the trend
- PipRiderFX replied Apr 24, 2011
Thank you Rcwso, I think I understand the basics now and the results seem to be manifesting in my testing. I have a 90+% strike rate! This week I will start to trade the system in a small way to get to grips with the live aspects, maybe 1/4%. Is the ...
Flag trading the trend
- PipRiderFX replied Apr 24, 2011
Hi Everyone, Sorry one more question... for now anyway :-) Am I right in assuming that we are only interested in trades once the trend is in motion. So for example in the attached chart, even though the overwhelming trend is down the current price ...
Flag trading the trend
- PipRiderFX replied Apr 24, 2011
OK so you can take counter trend trades then? If the momentum is in that direction? Also I have another question. During my testing I have found that trades that have not worked out have occurred when there has also been divergence on the RSI. So ...
Flag trading the trend
- PipRiderFX replied Apr 24, 2011
I see what you mean about the HL. But then my question is how would I have handled the trade... If I took the long opportunity I would have been stopped out. So was there a reason not to be long on this trade or was this just one of the losers?
Flag trading the trend
- PipRiderFX replied Apr 24, 2011
Rcwso — Hi, Ok I understand what you are saying. The only reason I asked it that on the videos by Divergence he gives some examples where there is no cross back and forth through the SMA. But thank you for clarifying.
Flag trading the trend