GU (15Min) support becoming resistance (SbR) switch earlier, amazing how price 'switches' to the pip sometimes like this one! I was late to the entry off an engulf.

123PatternsV6 revisited

I use the FXI Indy and have the same pivots. As you say S1 might hold this one up but stops now @ b/e above the last 5M swing high, so no worries.

Genesis Matrix Trading

This is a great post, thomasK. Many thanks for sharing what works for you. I can already see from today's session on a few pairs how useful this is.

Genesis Matrix Trading

...yes, don't get me wrong before I went full-time, i'd amassed the 1000's of hrs of screentime. My problem when I decided to move to trading FT was being under-capitalised and not really trading with money I could afford to lose. I'd convinced ...

123PatternsV6 revisited

sure, i'm always humbled by what i learn here. I once traded for a living, gave it 12 months but wasn't successful enough.

123PatternsV6 revisited

Thanks dee50. Hope you don't mind my asking, do you day-trade alongside another job or trade for a living, or just trade for 'fun'? When do you typically move your SL to B/E to 1/. minimise losses on a 'bad' entry and 2/. reduce risk on a 'good' ...

123PatternsV6 revisited

Cheers! Another great day for you. Your win rate is very high. When was the last time you took a loss? I'd be interested in seeing the losers too

123PatternsV6 revisited

Hi dee50, where did you pull the higher TF fib from/to? Many thanks!

123PatternsV6 revisited

..i trade from London Open but was too late to the charts this morning to trade this EU short (5m). Counter this week's trend but a setup's a setup! ...and here's a warning signal for the exit, nearly a 123 reversal so stops would have been moved ...

123PatternsV6 revisited

Dee50, many thanks for your recent posts! I'm using a slightly different approach but the last EU (5m) long was sweeeet! (+94).

123PatternsV6 revisited

..sure, i'm commenting on the type of breakouts detailed in this thread. Volatility expansion breakouts, despite the acknowledgement to prevailing conditions, still have similar drawdown characteristics.

LFB System - London Fib Breakout

Precisely - unlike many break-out strategies this isn't totally set and forget! It won't suit those who can't monitor their trades every 30 minutes. I used to trade break-out strategies for a living and it ain't easy psychologically - most BO's have ...

LFB System - London Fib Breakout

Agreed. It's clear from the description.

LFB System - London Fib Breakout

EU short - short from the break of the hrly Pin, using the cloud and break of local 1min support for the entry. Can't beat plain and simple Price Action.

Daytrading/scalping with high leverage - my proven strategy

Thanks Condor!

Daytrading/scalping with high leverage - my proven strategy

So your risk to reward for this trade was 20% risk for 24.6% reward - don't know how long you've been trading the pattern but what % win rate would you say you're hitting at the moment?

Daytrading/scalping with high leverage - my proven strategy

Cool, so you were using DNA's large SL approach, right?

Daytrading/scalping with high leverage - my proven strategy

..my favourite too. What trade mngt did you use for this one?

Daytrading/scalping with high leverage - my proven strategy

...or, very much down ...what a move for a friday!

Daytrading/scalping with high leverage - my proven strategy

Cool. The short is shaping up...

Daytrading/scalping with high leverage - my proven strategy