Trading FX for a living - finally - Page 2
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Thread: Trading FX for a living - finally

  1. #11
    Oxrcelassiwa
    Guest
    Nice thread doktor3
    may I know what time [ GMT ] you jump the commerce
    the way the mechanics
    how about discontinue lose or cut shed?
    How about the target?
    martingale or no martingale ?
    Seem like your stop drop 15 pip and target 15 pip fix?
    Or determined the terrain?

    THX
    salaam

  2. #12
    saralaraxo
    Guest
    Quote Originally Posted by ;
    Nice thread
    will I know what time [ GMT ] you jump the trade
    I trade from 8 till 16 GMT

    Quote Originally Posted by ;
    how the mechanics
    I gave commerce examples in first place. Mostly fading the weaknes and going with order flow.

    Quote Originally Posted by ;
    how about prevent cut or lose shed?
    It actually depends. Stop loss is usually under the preceding swing high/low. . .becouse when the price moves against me and extends to under the preceding swing then my assumption is invalid and shouldnt become a position any more.

    Quote Originally Posted by ;
    how about the goal?
    From 15 to 20 pip. It depends on where orders are on the chart.

    Quote Originally Posted by ;
    martingale or no martingale ?
    No. Martiganale is your best way to burn the account.


    Quote Originally Posted by ;
    look like your stop lose 15 pip and goal 15 pip correct?
    Or dependent the terrain?
    Ye it actually depends where the entrance is, in which the S/R are and how much the price moved in that way.

  3. #13
    Mecsa
    Guest
    well a reasoned out plan. In addition, I exchange the 5 minute chart eurusd only also (I'm on the 5 min sr trading platform ). A trade for me looks like this heres a couple of charts


  4. #14
    saralaraxo
    Guest
    Quote Originally Posted by ;
    nicely a reasoned out plan. I also exchange the 5 minute chart eurusd only also (I am on the 5 min sr trading system). A trade for me seems like that heres a few charts
    Fantastic!

  5. #15
    TVNX
    Guest
    Really, THP is fantastic.

    Doctor, is your SL and TP alwys repaired at 15 pips?

    What is risk per transaction?

  6. #16
    saralaraxo
    Guest
    Quote Originally Posted by ;
    Indeed, THP is superb.

    Doctor, is your SL and TP alwys repaired at 15 pips?

    What is risk per trade?
    Not always. . .it depends where previous swing low and high are. I normally place it over the swing. However, if I cannot decide then I take 15-15. Im risking about 1% - maximum 2% per trade.

  7. #17
    saralaraxo
    Guest
    WEEK 5


  8. #18
    Nedro
    Guest
    Fantastic thread doktor. May I ask how you discovered to trade by harnessing price action? I enjoy this type of trading, however I am not there yet with my coaching.

    I often look to jump on trends in the pullback when previous resistance becomes support, but what rules define your entry point/candle?

    Can you own a method to avoiding losses when getting to a trend screenplay ends up being a 123 reversal/correction such as exiting at double tops?

  9. #19
    TVNX
    Guest
    You trade just EUR/ USD on 5 minutes chart. How many trades every day normally. 1 positon at one time?

  10. #20
    Csispitamjd87
    Guest
    Hello,
    Ive believed to write something, coz my egy looks really similar. Just naked chart and viewing waves ( HH,LL,HL,LH). This is very straightforward but Ive discovered that simplicity following my 4 year journey through indior and technical analysis realms In my opinion overal excellent performance is dependent on cutting quite fast losing trades and maintaining winnings as long as can be. This is just reversed actions as loosers doing. Market is not an enemy, price constantly pointing leadership, but enemy is inside us and we must defeat it. These are common ideas but hard to use.

    Greetings,
    Adrian

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