I understand. Thanks for charring. Matt

Matt's journal

Hi barloc, lot size is determined by % of account for risk. Than the EA calculates the Take Profit with the Risk to Reward function. Pretty handy! Matt

Matt's journal

Good evening traders, it has been a few days without trades for me but today I got 2 trades in. The first one was a take profit and the second one a stop loss. I will only show you the winner. It is a 1:3 risk/reward and it makes up for the loser. ...

Matt's journal

Hi Andrey! How are you? I did not mean to offend you. I just urge new traders to understand what goes on behind the scene. Actually, Trading Point of Financial Instruments was my first broker when I first started trading. I researched the web for ...

XM $30 deposit bonus debacle

I see you got tagged for full profit on that one! Nice! However, no Stop Loss?? Matt

Matt's journal

Indeed Matt, indeed. Just have to wait for the price to come to me and not the opposite. Chasing trades is a bad idea. Patience and discipline is the key. Keep coming back here for updates since I will no longer post my trades on the other site but ...

Matt's journal

Hi celestin2003, thanks for asking. I use the H4 mainly to identify the levels, than I will zoom in all the way to 15M and sometimes to the 5M to mark the level. I don't get too fancy about it. For instance, today on GU, I had a pending sell ...

Matt's journal

Zelo, don't do it. Protect your capital! Use a good Risk to Reward instead, it will make up for those losses. R/R combined with win% is the key IMO. The strategy doesn't matter too much as long as you always follow your plan. The market will be ...

learn to trade liquidity shifting pattern

Good evening folks! Well here it is, my first update to my trading journal on FF. I thought I'd share some pics so you understand a bit what I look for in a set up. The charts below show the areas where I will be looking to take a trade from. At ...

Matt's journal

Hey barloc! I trade support and resistance as well. I have started this strategy in August, had an EA built to save the screen time and logged my trades since September. However, September as been a really rough month for me but October as showed ...

My Edge

Do a search on the net and you'll find an IB that will give you discount. It comes to be 5.50$ for both sides instead of 7$. Try this: url Matt

Swing FX EA

Good reputation maybe, doubtful activities however means stay away from! url

XM $30 deposit bonus debacle

Hi everyone, Avafx and other brokers are on an "Unauthorized trading platforms" list where I live. Please be cautious! Here is the link: url

Is this broker a scam?

Hi MarkChew, I just put my journal up and I explain briefly my plan. Feel free to have a look. Matt url

My Trading Life

Hi, I finally have my journal up and running. Here is the link. I explain my plan in a short way but feel free to ask questions if you have any. Matt url

The power of trendlines

Hi Carry, I completely agree with you with the risk of losing 10 consecutive trades. You could also say that it would become a mental challenge that you have to be able to conquer. Personally, I use 5% combine with R/R 3:1. Doing good so far. Buy ...

5% risk per trade?

Yesterday was not a good day to trade GU. Don't give up on that pair. I personally trade on the 15M with level selection based on 1H and 4H. 15M is for entry only. I want to post a trading journal but I guess I am too new to do that yet. So I can ...

My Trading Life

Good work mate! I like to see your results! I trade trend lines as well but in a different way. I will be posting a journal shortly but first I have to prove that I am for real. So they say. Keep up the good work! Matt

The power of trendlines