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Ending with these. Total: +130 pips for the day. 89 trades, which means I gave back 54 pips as commissions. +12,2% daily and 91,9% weekly, despite a moderate leverage (20-25). My best week ever, but it is mostly due to the exceptional conditions of the markets.
Friday, February 5, 2010
Recovery-6
Ending with these. Total: +130 pips for the day. 89 trades, which means I gave back 54 pips as commissions. +12,2% daily and 91,9% weekly, despite a moderate leverage (20-25). My best week ever, but it is mostly due to the exceptional conditions of the markets.
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5 comments:
FB, a lot of fun, i am enjoying the 2 range myself, i use it a bit different on the EU. But viewing your charts, a couple things, away from the news why not take trades in the direction of the 5min bias and catch the pullbacks to take trades when the 2rangge rolls two consecutive color bars. So 5min bias is say down, so you are looking for 2 consecutive red bars to short into the move and the sl would be 2 consecutive blue bars for the close.
also on my range i get many indicisive doji candles or bars, i do not see any on your charts?
Look forward to hearing from you.
Great job.It took you what-10 minutes to calm yourself down after that big loss,remember who you are,your account history you can lean on.Once adrenalin goes down,you supess thoughts of revenge and identify next setup.I wonder if this how it was happening.
Alex
'''Once adrenalin goes down,you supess thoughts of revenge and identify next setup.I wonder if this how it was happening.'''
it happened as described,adrenaline is a very bad counselor for sure...
''why not take trades in the direction of the 5min bias and catch the pullbacks to take trades when the 2rangge rolls two consecutive color bars''
if you watch my charts, i take many trades, the way you describe. A (relatively) safe method.
It is always fun with winning regularly, but again this is far from easiest thing to do, so that’s why one needs to be really careful. I am trading with OctaFX broker and thanks to their cash back facility, I am able to work out everything pretty well and able to earn up to 15 dollars profits per lot size trade and that includes even the losing trades as well, so that is why it is so good and handy to be working with them.
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