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6200trading replied Aug 8, 2019I am not so sure where the H1 came from. I trade from the daily charts. 200 was down and price was below. The 50 and 20 had a nice gap with the 20 below the 50 and the 50 had a nice angle pointing down. Although price rallied above the 50 everything ...
6200trading Method
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6200trading replied Aug 8, 2019Now to the charts. If you take a look at my open positions, all my open orders were filled in addition to the entries I made last evening. I really don't have anything else right now. Tomorrow is decision time. Do I close trades? Do I take partial ...
6200trading Method
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6200trading replied Aug 8, 2019Good evening everyone. Before I go over what I am seeing in the charts, I do want to make some things clear. I decided to start this thread to help myself commit to spending the 1/2 hour to an hour a day looking at charts. It is my goal to keep this ...
6200trading Method
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6200trading replied Aug 8, 2019When I take the time to go through my charts and look for setups, I do it very quickly. To take the time to post charts and notate the charts is just something I don't want to do. I am sorry if that does not satisfy you but that is just the way it ...
6200trading Method
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6200trading replied Aug 8, 2019I'm sorry I can't do things the way you would like. Again, if you want to post charts of setups that is fine.
6200trading Method
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6200trading replied Aug 7, 2019As I said earlier, feel free to put up charts. I will comment on them. The charts are simple, 200/50/20 SMA's. I think people learn more when they are involved. If you are interested in what I am doing, I think that is great. If you have questions ...
6200trading Method
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6200trading replied Aug 7, 2019Good evening from here in Toronto, Canada. After getting stopped out of the GBPAUD shortly after shorting it last night, I am still short the EURUSD. It is a bit negative as of this writing. Also, Again I shorted the GBPAUD this evening as the chart ...
6200trading Method
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6200trading replied Aug 6, 2019Fortunately, I only risked 1/2% on the GBPAUD trade. A red report out of New Zealand sent the Aussie reeling. Remember, always stick to your trading plan. If you keep your risk low, you can sustain a series of losses and it will not phase your ...
6200trading Method
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6200trading replied Aug 6, 2019Thank you for sharing. Are you doing well?
Do you make a living trading small timeframes?
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6200trading replied Aug 6, 2019I just shorted GBPAUD with a very small risk (1/2%). A surer way (higher win %) would be to wait until the previous candle low is broken. As with the EURUSD trade earlier, I am willing to take a higher loss rate for the much higher reward if it goes ...
6200trading Method
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6200trading replied Aug 6, 2019scsstnt posted some charts earlier in the thread.
6200trading Method
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6200trading replied Aug 6, 2019Anyone is free to post charts and I will comment on them if you like. If you read the first post, I tell you how I have my charts set up. Also, I have my actual real money account attached to this thread for you to see all my trades.
6200trading Method
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6200trading replied Aug 6, 2019If I were to trade the hourly, I would need to be checking charts all the time. If you are okay with that then have at it. I know many guys that do very well on the 1H.
Do you make a living trading small timeframes?
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6200trading replied Aug 6, 2019If you are following along this trade turned out to be a 1.1% loser. It just blew the spinning top and pin bar reversal candles. I will me closely watching this pair for another opportunity to get short. I like the way the chart is looking.
6200trading Method
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6200trading replied Aug 6, 2019The EURUSD is yelling at you for good reason. There are a couple schools of thought on this one. a) You can short it right now which will give you more size should it turn out to be a runner or b) you can wait for the low for the previous day to be ...
6200trading Method
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6200trading replied Aug 6, 2019I just took a very quick glance at the daily charts to get some sort of an idea what might be going on for possible entries tonight. I'm curious to hear what others might be seeing that may be of interest. So everyone doesn't get confused try and ...
6200trading Method
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6200trading replied Aug 6, 2019It is the moves faster part I don't like.
Do you make a living trading small timeframes?
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6200trading replied Aug 6, 2019I am so glad you asked that question. In fact, I was hoping someone would ask it very soon. The simple answer is no. I use the 200/50/20 SMA's to help me see things more clearly. It speeds things up for me, you might say. As I mentioned in the first ...
6200trading Method
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6200trading replied Aug 5, 2019I just took a peek at the charts. As far as I can see, the pair in play is the one I am short. The USDCAD. The EURCAD that I mentioned yesterday is dead for now. The key to success is to be patient. If there is nothing to trade, I do not trade.
6200trading Method