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Masterrmind replied Jul 15, 2014Usually if the ADR has been hit for a particular pair I will not trade it. There are at least 3 other key pairs that you can grab your pips from so why complicate the system. Just choose another pair that fits the criteria and trade it. Remember we ...
As simple as possible: 00 level trading
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Masterrmind replied Jul 15, 2014Just ATR same as the T value in the lower indicator on your chart. It only lets you know about volatility and never about price direction. For this method of trading you only really need to be aware of the ADR value by choosing higher value pairs ...
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Frankfurt Open is the next open....too late in the Asian session now....nothing much happening. Red News scattered throughout the sessions as well so this should provide enough opportunities to grab our pips by trading around the news. ...
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Morning All, Later start for me today than usual as was busy earlier doing other important things. Although I'm not sure I have missed anything? Let's check the charts after I grab a a coffee and see what's on offer. Masterrmind..........
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Time for me to rest........... Good luck to all the remaining traders............ Until tomorrow trade well........... Masterrmind...........

As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014The reality is that it will not always be that good! That's when risk management comes in as a very important factor to your trading success and being able to manage correctly those trades that do not go to TP. Thank you for your kind words I wish ...
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Yes my open for that candle was at 598 and the body of the candle was only 0.2 pips (a far different look to yours) so a long was not possible off my chart at all! I only made the comment because it almost looked like you could squeeze in a long ...
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Udine will have his own answers to this question for sure. However, reading through this thread will give you a lot of little hints along the way which you will be able to apply in your own decision making process. Experience is a factor but once ...
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Yes that's enough for me today. I was trying to get a few trades in the NY open but nothing took my fancy so I simply didn't take any trades. There was no need anyway as the day had been kind to me. Masterrmind........

As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Yes shorting it was the right thing to do. I agree. Masterrmind...........

As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014I rarely take UJ but on occasion I do. I simply liked what I saw on the chart today. Masterrmind..........
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Bonus Trade #5 UJ to >5 TP (entered well before NY open slow progression but I'll take the win all the same) image Slightly lower ADR but worth the risk in my opinion. Masterrmind............
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Looking at your GJ chart you could have gone long from the 600 level straight to TP as well. However, it might have been a bit close for you to open that order @ the start of the new hour. Nice trading JM Masterrmind............
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014See you mate. Masterrmind.........

As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014I'm afraid I too saw nothing of interest! Masterrmind...........
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Excellent ! Masterrmind...........

As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Bonus trade #4 GU +5 TP image Masterrmind..........
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Bonus trade #2 EJ +5 TP image #3 CJ +>5 TP image Masterrmind.........
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014I could fill a book talking about my "personal style" but this thread is not the place for it I'm afraid! I have my own goals and yes I sure am opportunistic! My suggestion would be to simply follow along in this thread and learn everything you can ...
As simple as possible: 00 level trading
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Masterrmind replied Jul 14, 2014Don't ever try to get "even" with the market because you lost a trade ........... not a wise move! Journal it and analyze it and then move on, best not to let it linger in your thought processes otherwise it will affect your trading ability ...
As simple as possible: 00 level trading