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peterporter replied Aug 3, 2011At last I'm in at the start of a good thread — Hoping I can contribute in the future OK so no MA's, no MACD , divergence, Fibs Pivots , You use pure naked PA and you are successful (consistently) ? Any TF ? but I would presume the higher the ...
Price action momentum trading
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peterporter replied Jul 8, 2011I have learnt a lot trading LIVE — I think one of the things that I was mosted tempted in doing is having say 14 prs open and convincing myself that every signal on the BL is a signal to trade This is a big NO NO even though a signal arrives ...
Simple Simon Balance Line Trading
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peterporter replied Jul 1, 2011Hi Titch Please can you tell me what sort of days and hours you work ie Do you trade mondays do you start at 8.00 am UK time etc etc It woyuld be a great help to get advice like this , cos I tend to live in front of the PC at the moment 18 hours a ...
Simple Simon Balance Line Trading
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peterporter replied Jul 1, 2011Just checked your levels and thats correct Up and down like a yoyo
Simple Simon Balance Line Trading
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peterporter replied Jul 1, 2011repainting Jaws — Question for anyone I want to do some backtesting this weekend Does anyone know if the BL (alligator jaws )repaints at all Ta peter Titch maybe ??
Simple Simon Balance Line Trading
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peterporter replied Jul 1, 2011missed that but I have an old AUDUSD sell trigger from 11.00 am GMT that I forgot to delete hahah great
If EU retraces to the entry value and I drill down to 1m or 5m and see it start to turn down again I may enter direct EU Surely thats not ...Simple Simon Balance Line Trading
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peterporter replied Jul 1, 2011Its either been very quiet ie AUDUSD or very porcupiney ie GBPJPY so trading wise its been pretty rubbish . No trends at all really Im talking from a H1 point of view may well be a touch trade setting up on EU though ALthough not part of the strat ...
Simple Simon Balance Line Trading
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peterporter replied Jun 30, 2011I live in France so I capture euro opên , london open and NY open I dont bother trying to accomodate Tokyo open so start trading around 8.00 am CET and finish around 6.00 pm CET but Im not full time at my PC
Simple Simon Balance Line Trading
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peterporter replied Jun 30, 2011has met resistance at 116.962 wtach it
Simple Simon Balance Line Trading
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peterporter replied Jun 30, 2011you are the dogs bo**ox what do you reckon of USDJPY - bounce trade????
Simple Simon Balance Line Trading
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peterporter replied Jun 30, 2011eh?? yep tirggered 116.710 sl 116.148 tp 117.710 (just a safety thing if I am not at my pc- if its a runner I delete this or move it ) my spread is 3.2 pips live UPDATE + 7 pips I have MPTM set at BE @ +15 pips UPDATE be triggered + 15 pips OK so ...
Simple Simon Balance Line Trading
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peterporter replied Jun 30, 2011To cash in or ride the wave????? — Just captured the USDCHF and GBPCHF up surge My problem is when I get up 50 pips on each I am so tempted to cash in , especially when I see it retracing a bit Do you ever just cash in like that ?? It's just ...
Simple Simon Balance Line Trading
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peterporter replied Jun 30, 2011AUDCAD but my spread is wide also hard to decipher which way it will go up or down anyway lunctime now Colostarr you have probably answered before , although you trade only certain pairs, do you still scan for other pairs seeing if there are any ...
Simple Simon Balance Line Trading
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peterporter replied Jun 30, 2011OK although you have gone by the rule (big near vertical move through the BL ) you gotta realize a the difference from a move originating from news and one originating from a natural trend Putting such a trade at BE at 18 pips (when it may retrace ...
Simple Simon Balance Line Trading
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peterporter replied Jun 30, 2011
Titch Teach him to trade He will be emotionless in his choice of entry and when to move the trailing stop Should work like a dream
Better than any EASimple Simon Balance Line Trading
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peterporter replied Jun 30, 2011Do you reckon that USDCHF is turning , cos its quite a major trend down on the 1H Something is definitley happening down there
Simple Simon Balance Line Trading
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peterporter replied Jun 29, 2011I like the nice attitude on this thread Makes a change to the normal bickering I see Shame I cant participate Continuously popping in and out checking my trades , then going out again
Simple Simon Balance Line Trading
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peterporter replied Jun 29, 2011Excellent good honest answer Count me in matey It would be nice if we all show our tentative trades to see if our entries are correct , (which seems to be the most important factor here )
Simple Simon Balance Line Trading
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peterporter replied Jun 29, 2011Hi Colostarr Thanks for sharing your strategy with us I have just started last night to look at the thread Was there any reason why you did not take the candle just before the entry candle on the EURUSD chart which would put you out with a SL I ...
Simple Simon Balance Line Trading