Basically if no market direction I play both sides of the range, and with direction just with the direction using the range ( near the 0.1%, SL is just outside of the 0.2% envelope, 2nd positions can be taken same SL. ( obviously a level of experience is involved to, but this gives me enough of a head start )
Issue currently is FX pairs just aren't moving ( ideas anyone ?? Ukraine and other issues I bet ) so moved to DAX and UK 100 ( pretty slow last few days to ).
Last of the bank holidays might help, but summer doldrums just around the corner, trying to make a living off this is never easy. ( 25% of Min wage last week, but no losers and better than a down week )
Am I missing any pairs which are moving well currently, scanned around but not seeing any, spread is too big on Oil and Gold for M1 trading for my broker.
Role on strong direction and big swings for easy profits!!
* constructive comments welcome, trolling NOT thanks! *
The following 3 users say Thank You to Turveyd for this post:
There is no post requirement to attach images or embed futures.io (formerly BMT) hosted images.
Simply click attach. Done.
You can't use third party image hosting sites until you have 5 posts or more. And even then the caching system on futures.io (formerly BMT) just copies it to our server.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.