No problem, I was confused by your post and wanted some clarification. We are all on the same page now

C4 Scalping

Surely when we trade, we trade on confirmation..not speculation. We look at trading correlated pairs and expect to see closely correlated PA as well. I think that is exactly what Doc meant, unless I read it wrong. The only difference is that he ...

C4 Scalping

Take them to the park again tomorrow. It seems to work really well

C4 Scalping

I still use a checklist for all the methods I trade..every trade..every day. If you are not consistent, you don`t know what is working and what is going wrong. The idea is not to have a committee meeting after each trade but just to make sure you ...

MTF Trix system

OK, I will look at 4 pairs tomorrow. 1) GBPUSD 2) GBPJPY 3) EURJPY 4) AUDJPY

MTF Trix system

It is really tough to trade multiple pairs short term because you don`t have the luxury of an error margin on both entries and exits with a small target. I trade 2 pairs maximum using EA to TP .. that is my limit.

C4 Scalping

Lastly, you have to consider whether the high/low of a 30M candle is a valid SR resistance level as well. I am looking for momentum in the direction of the entry. One way to confirm is a new high/low but bear in mind it is only a valid SR level if ...

MTF Trix system

The only time I use a cushion is when the SR is on a big number or on a pivot level. Then it makes a lot of sense not to trade a potential bounce.

MTF Trix system

If you trade longer term, you need to use a stop of 30+ in any event. You are not targeting 5 or 10 pips. The minimum gain I look for is 25 pips as TP1 except AUDUSD and EURUSD (20 pips) I use 35-40 pips on most pairs except GBPJPY where I would use ...

MTF Trix system

Go back on the charts and have a look, if you feel it is safer to use a 5 pip cushion, by all means.... You have to trade within your comfort zone, it is your money and your risk.

MTF Trix system

I trade on the break of the line, low/high +- 1 pip. You can end up with a big 5M candle once the SR is broken and momentum builds.

MTF Trix system

When you have completed the trade or after the trading session. Evaluate each trade to make sure you stayed within your trading plan. After a while it becomes second nature.

MTF Trix system

Make a short checklist. 1) 240M Trend Long...Short 2) 60M Trend Long..Short 3) 30 M Trend Long..Short 4) 15M Ditto 5) 5M Ditto Add: Major economic announcements due Yes/No Daily trading range > 80% average Yes/No Pivot/Big number within 10 pips of ...

MTF Trix system

Market is consolidating before the next move. Don`t even consider counter trend moves today. You scored 10 pips because your trade was with the main trend

MTF Trix system

Hi Predrag, The thread is still relatively small. Just read the posts I made the last 2 days, you will find all the answers there. Your stop is too big, use ATR 30M or 60M period 14.

MTF Trix system

MTF 240M — AUDJPY +30 +60 +90 +120 I have only EURUSD 240M open at present and a small position on GBPUSD 30M 5M It has been a long session but worthwhile, every month without fail, 5-6 trading days will provide a one way trend where you can ...

MTF Trix system

The gap will normally fill at some stage and it is not recommended to trade gaps. It indicated downside pressure..at least that is how I read it. ALL the charts I looked at across all the different Tf`s pointed down and the move actually started ...

MTF Trix system

That is correct, the signals were still valid and in place, I was just looking for a reentry. Please note that I don`t normally start trading this early, I target early LDN/EUR session. The market headed down one-way since it opened. Just divide the ...

MTF Trix system

Wicks..the low/high

MTF Trix system

MTF — Closed positions 6 pairs 240M 580 pips 60M 360 pips Open positions +140 approximately No 30M trades today I will try to put together a trade summary rather than post a lot of charts. It is too time consuming for me and we all look at the ...

MTF Trix system