I will provide an intro later. I simply shorted cable at 1.5603. . hehe
Exit in 1.5625
Net 1.5603 - 1.5625 = -22 pips.
Yes. It just act as though it didn't want to return. Thank you for stopping by FTI. Good call. I cull my losses short
o yaar. . Kenne kya tenu brief jaan nu....kithe tenu brief dikhya hai GBP... pashayoo aaram nal... inni kaali top select karen di....Originally Posted by ;
V
Yaar it wasn't so much top picking as a down pub which prompted me to short. hota hai. . kya kar sakte hainOriginally Posted by ;
Hi dakoo,
Just thought I'd drop by wish you all the best with all the journal! Stick with it and you'll learn so much about youself
Kind Regards
Steve
Allow me to provide a formal introduction. I'm pretty well read as a trader, have spent a couple years preparing. NowI will test out it on a live account. I will be keeping this journal to apply accountability and to learn from my own and many others errors. . I will love your input(unless it's a put-down). Notably from seasoned players here on FF.
Currently for my method. I have price based approach. I will search for opportunities by 6AM GMT to 6PM GMT. The trading is based off a simple 1hr candlestick. My premise for accepting trades is simple. A 1 hour pub has got the aggregate of thousands of thousands worth of transactions inside it. After all this activity if price wishes to return, then it really must want to return. Why argue with something that is a lot more powerful than you. I'd rather go with the flow. I really don't follow fundamentals of almost any sort. I will continue to stick with the trend until it's run its course. The other facet is rigid risk control. No single trade will jeapordize my account by over 1.5%. If an entry does not go my way and eats 1.5% of my account, I'm out. My affects in trading range from Richard Dennis, Ed Seykota, Feb2865, FTI and James16.
Lets see how it goes. Wish me luck
Regards.