Homework. Download as PDF, read, and be prepared to discuss url

Multi-Lot Multi-Timeframe Position trading

Good to see you caught a win Nbfx. I'm still sitting on the sidelines. I'll get back in as soon as a trade jumps out at me.

Multi-Lot Multi-Timeframe Position trading

Typically I'll rise before the NY open, switch the TV onto business news, check the calendar and news feeds to catch up on anything that happened while I was sleeping. Then I'll scan all my pairs. I can now do that very quickly, in 10 minutes or ...

Multi-Lot Multi-Timeframe Position trading

I'm just not seeing any good trades this week. Perhaps I need to get my glasses checked. In the meantime, all I know to do is wait...wait...wait...

Multi-Lot Multi-Timeframe Position trading

I saw that, then they let the Aussie rebound. A case of saying one thing and doing another I suppose.

Multi-Lot Multi-Timeframe Position trading

Sure, that's one way to go. My problem with trying it that way is I almost always hit the close stop from just natural volatility in the price, and that always takes me out at a lower profit than if I'd just closed the position on a high point, ...

Multi-Lot Multi-Timeframe Position trading

Spent the weekend with an out of town guest. Just getting settled back into my routine. As far as the pairs you mentioned, here are my observations: AN- The RBNZ is looking for stable rates and the RBA is looking to stimulate, read print money, so ...

Multi-Lot Multi-Timeframe Position trading

LOL, no, I never drink and drive.

Multi-Lot Multi-Timeframe Position trading

A quick review of the current GA status, if you are interested, courtesy of Forex Live: Forex technical trading: GBPAUD peaking? Not quite yet. 1hr ago Fri 13 Feb 2015 17:51:47 GMT Author: Greg Michalowski | Category: news image There is a minor ...

Multi-Lot Multi-Timeframe Position trading

GA Bounced up a little, then just stalled. Now, just waiting...waiting...waiting... It gets like this sometimes. I just can't see a trade for the life of me. I've learned that trying to force something is the wrong thing to do. The best thing is to ...

Multi-Lot Multi-Timeframe Position trading

I've been in and out of that trade for a few months. I just bailed out of these two lots when the US Employment report caused the dollar to stumble. It seemed prudent to just exit with a little profit and try for a better entry later when things ...

Multi-Lot Multi-Timeframe Position trading

Welcome aboard Bendz. Glad you are finding this helpful. Best success to you! G

Multi-Lot Multi-Timeframe Position trading

Looking for a good entry into ChfJpy long. This would be my first Chf trade in three years, since the peg was put on. The logic is all timeframes 30M and above are trending up, the Chf is strong and the Jpy is weak. I'll throw up a chart on it if I ...

Multi-Lot Multi-Timeframe Position trading

As I discussed in my earlier write-up When to hold'em and when to fold'em Part 2., I can't put a third lot on now with low risk to my precious trading capital, so I will take the first lot off in profit and add a new one on. Then the risk of the ...

Multi-Lot Multi-Timeframe Position trading

Now an example of Part 2. Putting on the third lot. Here is the way The AU short trade looks now: image

Multi-Lot Multi-Timeframe Position trading

Oh, I take lots of those little hits. One 600 pip win will cover them all and leave me well ahead though.

Multi-Lot Multi-Timeframe Position trading

Quickly exited Euro short on CNBC news of Greek agreement. Made some pips on the trade and lucky to get out when I did. As soon as it becomes obvious the stern Germans have no intention of financing the libertine Greeks, I expect the Euro to return ...

Multi-Lot Multi-Timeframe Position trading

I had a retracement come to an end on the very short TF's. 5M & 15M. Had I waited, I'd probably get a better one, but all timeframes were trending down so I just jumped in.

Multi-Lot Multi-Timeframe Position trading

I'll just throw up some real time charts now to Illustrate my discusson on When to hold'em and when to fold'em. Some will be winners, some will be losers. I'll just throw them up and we'll see what happens. Here's the first. A second lot has just ...

Multi-Lot Multi-Timeframe Position trading