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ben10 replied Aug 12, 2010back to the 5sec chart setup, try to figure out the best way to trade to avoid over trading: spot the better "pipe + smoother slope". set the stops of 4 pips before the trade is execute. image image
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ben10 replied Aug 12, 2010map the move out by using the priceline of 500 such as 1200.00, 1205.00, 1210.00 and so on note taken
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ben10 replied Aug 12, 2010hows that eur/yen doing? i dont relise how many times i trade that level (109.50)?

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ben10 replied Aug 12, 2010if you observe the weekly average move for eur/jpy on average, but this week she make around 400 pips from high to low, then the pipe set up appear at the bottom end around 2 or 3 oclock this arvo sydney time, i shoot it long then i closed it as i ...
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ben10 replied Aug 12, 2010just open my pc , great ! i 'll study the gold using this set up stay tune. my week been really suck ! losing pips is no problem with me but to repeat my own mistake is really annoyed me, imagine if this become a habit to repeat over and over again, ...
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ben10 replied Aug 11, 2010if you trade gold , trade gold only and try to master only 1 pair and you will know the behaviour the move etcetra .... in other word you become the expert of this instrument and your mind and energy only to focus on it(gold) image
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ben10 replied Aug 11, 2010survival of the fittest, only if the account can handle the heat
image should know the pair weekly average fluctuation to map out the strategymy trade
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ben10 replied Aug 11, 2010how far she move for the week? 400 pips? reversal or correction is imminent? image
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ben10 replied Aug 11, 2010you had valid argument there, gold is somehow different animal all together , just IMO its perhaps depend on persons style of trades, and dance with the tune of the markets price movement
like to see more of compression + lower low lower ...my trade