How to make money trading the FX market

This is a discussion on How to make money trading the FX market within the Forex forums, part of the Markets category; GBP.USD. 15 sec charts falling candles +29 pips then again falling candles +14 pips both trades exited when candle took ...

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Old Nov 5, 2015, 1:14pm   #17
 
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Mr. Charts started this thread GBP.USD. 15 sec charts
falling candles +29 pips
then again falling candles +14 pips
both trades exited when candle took out high of previous

trades on results of BoE decision
don't normally trade on such a short time frame
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Old Nov 5, 2015, 1:17pm   #18
 
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Mr. Charts started this thread too busy to take chart images at the time, sorry
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Old Nov 5, 2015, 8:35pm   #19
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R -
Delighted you have started trading the FX charts at last.
Keep up your very good work.
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Old Nov 20, 2015, 2:07pm   #20
 
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Quote:
Originally Posted by TEAMTRADER View Post
R -
Delighted you have started trading the FX charts at last.
Keep up your very good work.
TEAMTRADER
Thank you
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Old Nov 20, 2015, 2:09pm   #21
 
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Mr. Charts started this thread Here is a cable trade from a few minutes ago using the falling candle method. Eastern Time.
+45 pips
Attached Thumbnails
cable201115.png  
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Old Jan 29, 2016, 9:07pm   #22
 
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I have a very simple question for you. Where are you entry and exit points? Your graph do not show anything except for price movement.
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Old Mar 10, 2016, 11:43am   #23
 
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Mr. Charts started this thread I've been trading FX for a while now using some of the dozen methods I use on trading US stocks and they are consistently profitable, with a majority of winners and strict stop loss levels to minimise the inevitable ones that don't win.

This is an example from this morning using a slightly adapted version of one of those range of methods, rising (or falling candles).
The pointer is at the entry and the screen shot at the time of exit.
The maximum stop loss was just below the low of the previous candle so with the entry at 1.4195 and maximum stop loss at 1.4192, three pips away, it was a very limited risk trade.
Profit 13 pips in a few minutes, a nice little bread and butter trade.
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cable-scalp-one-min-rising-candles.png  
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Old Mar 10, 2016, 11:46am   #24
 
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Mr. Charts started this thread PS The time on the chart is US Eastern.
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