Chilltrader calls - follow at your own risk!

chilltrader

Experienced member
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Hi,

Will be posting live calls here (as and when I get time) from Monday.

Cheers
 
hi Chill,
any chance of a chart ? and/or explanation of your entry criteria/decision making process ?

best of luck by the way !

r_e
 
Yes. I scale out 1/2 the position at first target.

Every full position risks maximum 2-5% of my account... so my lot sizes are very varied.

I don't have a fixed R:R ratio, so roughly do the following:

If reward/risk <= 1, then full pos risk = 2% of Acct
If reward/risk < 1 <= 1.5, then full pos risk = 4% of Acct
If reward/risk > 1.5, then full pos risk = 5% of Acct
 
Thanks, and what timeframe(s) do you trade? Just to clarify, is this a real account?
 
Yes.. real as hell!

Timeframe - for identifying setups M15/H4/D1, for entry M5/M15.
 
CHF/JPY
=======
Current - 77.69
Buy - 77.95 [Not Triggered]
S/L - 77.45
T1 - 78.30
 
USD/CHF
=======
Current - 1.1711
Sell - 1.1680 [Not Triggered]
S/L - 1.1735
T1 - 1.1640
 
Two beautiful trades - just happened.... had set it up before going to office and pleasantly surprised
to see them work rather well.

1. Breakdown of USD/CHF from 1.1535 [SHORT]
2. Breakout of AUD/USD from 0.6815 [LONG]

T1's met and plan to hold the remaining for a while... especially AUD/USD

:)
 
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