If you're trading longer time frames like 4 hr's and up, trading multiple pairs shouldn't be an issue. But I would make sure that they're not correlated pairs. Like trading E/U and G/U. Not as identical as they used to be but similar enough. When I ...

How do I move forward?

Depends on your time frame and risk tolerance. 20 swing trades are going to tell a completely different story than 20 scalpers.

How do I move forward?

Yeah, 20 trades really isn't a lot depending on how you trade. I do a lot of add-ons when a move in my favor. I was recently looking back at my past 20 and it was only 2 days worth. But there was enough info there to make adjustments that made a ...

How do I move forward?

What the market looks like is all about YOUR perception. If it rarely looks alike to you, then you'll have to find setups for those times it does look alike. Or alter your perception to find other angles where things start to look alike and then go ...

How do I move forward?

This is why keeping a journal is key. Make a journal entry form with a check list of your criteria.

How do I move forward?

I know what you mean. Hence why I keep multiple charts. Daily, 4h, compressed 1h, on down to the 5 if I really want to nail it down. But most everything I do starts at the daily or even weekly. I try not to spend too much time analyzing the intraday ...

How do I move forward?

"Daily" is just a figure of speech for me. When I'm trading 2-5 day swings, I primarily use intraday charts. My go to chart for actual exectution is the 1h. I compress these pretty small so it's basically a more detailed daily chart. There are too ...

How do I move forward?

The entry is almost the least important part. The exit and exit strategy if wrong are much more important than the entry. But even the exit takes a back seat to money management. Think about it.. the vast majority of trading info, advice, systems, ...

How do I move forward?

At that age, just give them a mechanical system and tell them to follow it to the T no deviations. I think it's easier to train someone from scratch who has no preconceptions of the market and idea about all of the possible ways to trade be it ...

How do I move forward?

Just keep in mind that being book smart about it doesn't mean much. It takes actually going through the motions in a real time environment. I mean, you can be book smart on music theory out the wazoo but you'll sound like @ss if you try to play an ...

How do I move forward?

A simple exercise... Figure out your entry, exit, and initial stop loss. Set a take profit at 75% of your exit target. Walk away. Let the trade happen win or lose. No touching it at all other than maybe moving your s/l to b/e once the trade has ...

How do I move forward?

The charting package I worked it out on doesn't handle the weekend bars very well, but it's been accurate so far. MT4 has 10/17 as the date. I'm still sticking to 10/20 as a date also. Double top or pull back high? Never can tell until it happens. ...

Cycle Trading

???? So let's all listen to the guy that can't trade unless he's in front of a screen as an example of what is possible/not possible? Why would you assume Erebus's results are demo? Just because they're good and outside of your limited beliefs? I ...

How do I move forward?

You mean YOU cannot beat the FX market on a regular basis unless babysitting with care for countless hours. Lowered lot size, wider stops and consistent setups and there's no reason he can't make pips swing trading. It's just a matter of adjusting ...

How do I move forward?

Yeah.. what he said.

How do I move forward?

What was the risk/reward and what was the time frame? Was the setup a repeatable pattern? Was the stop loss huge in terms of pips or was it just huge to you and your risk tolerance? It sounds like you need to understand simple risk/reward ...

How do I move forward?

That's cool. Thanks, man!

Cycle Trading

Don't know until price gets there. It could be the max high or it could be a minor pull back high. It could also be an inversion low, but the cycle rarely inverts. We just have to wait and see what happens when the future arrives and trade ...

Cycle Trading

I don't know of any. But it's pretty basic. Find some sort of astro cycle and see if the lunar cycle adds a higher edge. For example, maybe you notice some regularly occurring aspect picks the turns about 40% of the time to the bar and turns are big ...

Planetary Cycles Trading (EUR/USD)