My 6E trading strategy | Currency Futures


futures.io - futures trading strategies, market news, trading charts and platforms


Currency Futures


This subforum allows you to find traders that trade Currency Futures. You may post about anything to do with trading currency futures in this section




 

My 6E trading strategy

  #849 (permalink)

aurora,il
 
 
Posts: 319 since Aug 2009
Thanks: 134 given, 1,405 received


masood chughtai View Post
Have you tried Chales method with a smaller profit target when 1508 fails just slightly to make a LL/HH or when 1508 makes LL/HH but 377 fails to do that


I dont mean to intrude here as I see you are asking Forrest this question, if I may give my 2 cents

I would strongly advise you dont do this for 2 reasons that come to mind

1. You are scalp trading when you do this and that usually always will result in over trading and R/R problems
2. When doing this you are committing the cardinal sin of my method, you are looking for a reason to trade or other wise stated you are forcing a trade. bad, bad way to trade


"Be like a TIGER: being perfectly still, waiting for the setup to come to me then pouncing without hesitation or thought."



Charles


Last edited by cjbooth; July 9th, 2011 at 09:39 PM.