Ok, this really is your transaction I simply entered:
SELL 0.60 EURGBP @ 0.8627
SL 0.8739
TP 0.8577
Ok, this really is your transaction I simply entered:
SELL 0.60 EURGBP @ 0.8627
SL 0.8739
TP 0.8577
I'm not giving up or anything. Right now I'm setting up everything, my platform, my rules and proceedures etc. to easily change my trading to WEEKLY charts.
Thinking a lot about this AND most importantly the fact that Forex daily pub closes at 3:00AM local time, I think my trading could be much more successful with weekly installments. Stronger setups (more information within one pub ) longer to analyze the installation, clear head (not sleepy etc.)
So mainly there'll be weekly trades with occasional daily setups (never intraday).
Stay tuned for some super killer trades!!!
Do you think you have enough data to be disappointed with all the daily chart and move to weekly? Weekly charts also demand iron level of patience, as the trades come once in a while, and if they come, you have to wait for long to make them profitable.
Only a thought.
Hello Candlepips, thank you for the article. No, it doesn't have anything to do with statistics or any disappointment. It's only on account of the fact that a daily pub closes at 3 AM local time at which I reside. I attempted to exchange up it at 4 AM, but soon learned this way my overall functionality is weak, I'm not a morning person at allOriginally Posted by ;
I think of those ways I could exchange 4H but looks as the intervals would actually mess with my normal job. So I stick to weeklies... perhaps occasionally when I see a possible fantastic setup forming I'd forfeit my sleep to take it on daily... but that would be rare...
Thanks.
Oh I see. I see where you are coming from.
Have a great trading profession m8.
Originally Posted by ;
This is just an update with this current trade I'm in.Originally Posted by ;
I've put my TP. So far looks great. SL is not transferred.
To Not Poor Adilius,Originally Posted by ;
Size is Ok...1.0000 BRN. .some divergence . .what else you have?