Thank you for great advise. i think it is more than enough. I am planning to close half of my position at certain target and will leave the rest running. all entries according to NightMoves method on at least 4H set up or higher.

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Yes, Custos, after reading this and multiped thread I know this I think E/U and G/U breakouts if they happen might provide one of those opportunities. I think sooner or later if I do let them run and leave them some will run.

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What I want to do, is to secure small profit closing half position at same number of pips I am risking and let the rest run. I guess it is always better to be safe. Then once stop at BE and I have some $, let the rest run. I am very concerned with ...

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I completely agree. But it is not an easy thing to do. I am moving slowly. Also, not always there will be opportunity to have 1:10 risk reward ratio. It is only when some serious levels are broken. I wonder, aren't you taking partial profits along ...

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Hehe, the pair must have heard me, gotta be silent

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GBP/CAD looks like a good bet if there will be bpc. Risk to reward is good for intraday trade. Retracement to previous low to almost 50.00 Fib, all the conditions are ripe. Waiting for the trigger and also important that after retracement break down ...

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Anyone sees Aud/ USD breaking parity for the first time since first attempt? Aud/Cad dropped like a stone after hitting that number.

Trend Trading All Pairs

also stop too small can be hit just by noise. I remember trying trading with small stops like 10-20 pips. Aitions were killed despite of choosing right direction. I think stop should be set according to each pair ATR. One pair say 30 is a good stop, ...

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If stop 20 and target 50? It looks like ok risk to reward. almost 1:3. I mean if stop is 40-50 pips and taking partial at 20-30 has no sense. I think first target should be at least equal to the risk. so far, I see no deep enough retracements to ...

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NightMoves, tahnk you. I am trying to do just this. I understand math behind risk to reward so, having stop of 40-50 pips and taking partial at 20-30 doe snot sound good. It only happens with me when trade stalls. BTW, GBP/USD came to life. I set ...

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EU does not look so good. It practically bounced from previous trend line downward and again made lower high. Good that I did not get greedy and set target under that trend line. I think until it is either breaks trough that resistance or reverses ...

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I am mostly interested now in trade management and exits, cause it is where the real money comes from.

Trend Trading All Pairs

NightMoves, thank you for advice. I also understand now that some trades do not worth to mess with due to proximity of previous high. We never know will it be broken or not. But we know that during trend price moves towards that previous high/ low ...

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Hi image aarangio, I usually risk 2-3% per trade. However I have never done this before splitting my total risk into two in case if price retraces against me. I was reading BRV's thread No Brainer trades and he often used this method of money ...

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NightMoves, I wonder, if for example you enter trade. Your first target is 40 pips same as you risk to close part of your position. The price moves in your favor 20 pips and stalls there 30-60 min up and down unable to break. You see support on 1H. ...

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Exactly, G/A and G/J both are showing set ups on 4H and also on 1H. so, I guess 15 min chart can be used as a trigger in this case and probability is much higher especially as both pairs are in down trend on daily. G/A is looking much better. It is ...

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GBP/JPY also forming set up. hopefully.

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NightMove, I noticed that 1H set up without backing by 4H set up is quite fickle thing. I decided to trade at minimum 4H set up and 1H set up only valid if there is also 4H set up. Eur/Jpy is a good example right now. I love this pair but recently ...

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But it is only valid after this: 4:30am GBP Claimant Count Change image 4.3K 2.3K image 4:30am GBP Average Earnings Index 3m/y image 1.6% 1.5% image 4:30am GBP Unemployment Rate

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Yeah, EU doe snot look like as strong as before. managed to close most of position for 40 pips, left 25% running hopefully it will test previous high. I have TP few pips shy of it there. Pity I was not at home to enter on 15 min trigger. Now, ...

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