Several shy trades in a row, then a trusted local breakout. I call shy the trades with very conservative exits, when the effort to avoid to have a loss comes first. I experiment this recently, with highest lots. The bars are perfect to control such trades.
3 comments:
Alessandro
said...
Nice trades, sorry if I ask...what CCI value are you using?
We feel so pleased when there are days like these when we are able to make good profits easily. It’s important that we realize that such days are not forever up there for staying, so that’s why we got to be very careful. I am always able to handle everything easily which is through help of OctaFX broker and their amazing rebate scheme which gives 50% back on all trading orders which is even for losing trades too, so that’s why it’s so useful.
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
I got a few pips and then I left monitors to take care of my daughters. When I came back, price was 70 pips down...
Risk Disclosure
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
3 comments:
Nice trades,
sorry if I ask...what CCI value are you using?
Cheers
50!
We feel so pleased when there are days like these when we are able to make good profits easily. It’s important that we realize that such days are not forever up there for staying, so that’s why we got to be very careful. I am always able to handle everything easily which is through help of OctaFX broker and their amazing rebate scheme which gives 50% back on all trading orders which is even for losing trades too, so that’s why it’s so useful.
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