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jordfx replied May 1, 2013Arjun kept saying 'Look for where price has been bouncing from'. Note that in addition to these types of PA analysis, I also use the Volume indicator and MACD to gauge volume distribution, divergence, momentum and cycles for timing. But pay special ...
Another simple system - Time-Frame 15
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jordfx replied May 1, 2013hmmmmm......
. I do still make very good use of the EMAs though. Does that count? hehehe. I do have a sentimental attachment to this place I guess. I learnt so much here and trying to give back as much as I can. But if you guys really want me to ...Another simple system - Time-Frame 15
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jordfx replied May 1, 2013hey buddy, what were your reasons for going long there?
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jordfx replied Apr 29, 2013GBPUSD. +38pips(x2 positions); +30pips(x2 positions)
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jordfx replied Apr 27, 2013Now you've started asking the right questions....lol.
Another simple system - Time-Frame 15
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jordfx replied Apr 26, 2013That's one the biggest challenges in making money in trading. Overcoming fear. What helps is proper position sizing and risk management, so that even if the trade turns out to be a loser(...and some will!), it won't hurt your equity or morale.
Another simple system - Time-Frame 15
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jordfx replied Apr 26, 2013NZDUSD. 2 positions closed for 35pips each.
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jordfx replied Apr 26, 2013Ok...that was a classical example of what I was talking about using small stops on volatile pairs. They'll take out those small stops and then price will proceed in your trade direction! The very next candle after your entry candle went 30pips in ...
Another simple system - Time-Frame 15
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jordfx replied Apr 26, 2013is that a buy or sell? what is the entry price and stop? reasons for taking the trade?
Another simple system - Time-Frame 15