1R = Whatever Number Your Risk Is 2R = Profit is 2 x Your Risk 3R = Profit is 3 x Your Risk So if you have a trade where the stop is 50 pips, that becomes 1R. To get a 2R profit, you would need to make 2 x 1R or 100 pips. To get a 3R profit, you ...

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Read Post # 112

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Based on what I see, all of the JPY Monthly and Weekly charts are DOWN, so don't be fearful of shorting them when the opportunity arises. image I am NOT saying don't take any long signals. I am just saying don't be fearful of shorting if you get a ...

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It's a valid Crossover Trade.

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Yes

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It's a Crossover Trade. You enter on 3rd candle in this instance.

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My Current Live Trades + 467 pips image

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I may have misunderstood his first sentence, BUT after reading it again, I am still not 100% positive of what he is saying. BUT, if he means what I think he said, I don't understand the logic.

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You would likely be much more profitable if you changed your Profit Target to 1.5 or 2 x the size of your stop. Your winning percentage will go down, but your profits will most likely go up. At 1:1 (stop and profit target) and 50% winning trades, ...

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Congratulations! I'm glad to see that these methods are working well for you.

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It's ooooooookay. Karma has already taken care of it.

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You, me, and every other person who has ever traded the markets. It's never going to happen.

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I'm not leaving. I have no reason leave. I just don't understand other people who have been given so much so freely by me taking shots at my methods when I've never done ANYTHING to deserve it. It's just rude.

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I do, but not too rigidly. If for example, I see 3 JPY pairs all give a signal, I will often take all 3 trades because they never all move just the same.

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I've had multiple private messages asking me what I think about someone in another thread disparaging my methods. Here's my answer to all of you... Self-Proclaimed "PROFESSIONAL TRADERS"... 1. Don't lose 40+% of their account in less than a month. ...

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Page 169. Post 3364.

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Things are Looking up! My Current Trades + 416 pips image

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If the trade is going my way, I often add on for no other reason than I think that the trade is going to continue going my way based on what I see.

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Recently, because I have been so busy with my business, I have been trading only Daily charts. Look at the chart below, this is the reason you want to: "ride a trend until the end". 30 Daily down candles in a row. Over 450 pips down. image I ...

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My Current Trades + 245 pips image

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