Yes, but the target is too close, the next pivot gives a 1:1 risk reward, but this pair has a very consistent pattern, it is a good probability of a win, but I only usually trade on the first candle that changes colour, so I would pass on this one.

4hr Heiken Ashi Strategy with Pivot Points

Done url

4hr Heiken Ashi Strategy with Pivot Points

Here's a screenshot, 14 pairs on there, it doesn't take long to look through them with this system.

4hr Heiken Ashi Strategy with Pivot Points

Going for the range, good cross on 1hr, not the greatest of setups as far as HTF is concerned, maybe I will be kicking myself not sticking to the 4hr !!

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Or, you can do it the way I did it, forget all that, get totally stressed about it all, keep banging at it with no real direction, make virtually no notes whatsoever, be totally undisciplined, especially when things go wrong, jump from one strategy ...

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Not for me at the moment, but green line above 50 on 4hr, indicates bullishness to me. Go for it

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Just sticking to a great strategy like this can knock hundreds if not thousands of hours off that 10,000 I reckon. Unfortunately I will not be able to tell, I learnt the hard way

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Thanks, patience I was reading your earlier post, about trading being hard work and you need to be in the market etc. I am not knocking it, if you can do that and it's obvious you can, and in time it's what I aim to do, have more than one ...

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That's my position size calculator, The 15.000 is the max loss in account currency, i.e £15, then I place the red line where my stop loss will be then it gives me the number of lots at the top to place, so the 'Actual Loss' would be the loss I would ...

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Had double confidence on this one, green line below the 50 as I mentioned before, does actually conform to TMS rules, but also S/R and the triangle if you switch to 1hr trade.

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David Cameron is in Brussells negotiating a deal with the EU, might be an idea to leave the GBP alone for a few days, there just might be some wild swings.

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Well, I have just one comment on today's trading I think. BORED BORED BORED Good day though, not even tempted to trade, so nothing lost!

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Not posted for a while, I really got into running the simulator over and over for hours and hours on end, and stumbled upon a strategy that seems to be quite amazingly effective and once more simple, however I don't want to take over the thread with ...

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For those of you using the simulator, here's quick update, Stop Loss is now working and the top number which is 0 by default is a pause, I find sometimes that the full speed 32 is too fast and 21 on the slow side, the top number will slow it down, ...

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Underneath/above previous candle.

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Thanks will give it a go, it's a $149 more expensive than mine though

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Right, you know what we need here traders, an MT4 trading simulator, something that will let us run through historical charts as if in realtime but at high speed, where we can actually simulate real live trading, where you can run through months of ...

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The PDF and the checklist is gold, I got this, and my normal HA candles are restored, it's all about development, I removed the wicks because I didn't understand them, which justifies my reason at the time of removing them, no point having something ...

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Good comment, made me have a good think that, meihk's chart looks great, couldn't understand it though, looks like he does very well. It is comparing a 1hr chart with a 4hr chart, but I think the key thing here is, if you have small candles in ...

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