Recent content by Tera

All my trading is done within a 20 minute window between 21:50 and 22:10. My strategy is predicated on the previous days close. I'll share trades but cannot guarantee it will be 5 minutes before entry.

Thanks

An example of a trade I made yesterday was usdchf. Look at the day before yesterdays high. I took a 12 pip stop at 69 and rode it down the previous days range for 40 points. Did the same today with yesterday's bar

Also in regards to waiting days, this doesn't need to be the case. I have a strategy that trades off the daily almost daily with targets hit daily most of the time

To be fair you don't need that wide a stop. I have read your story somewhere about your time trying to trade the higher time frame. Perhaps with your experience now you could revisit it. I am not full time yet but have a good 7 years under my belt and doing okay on 20 to 25 pip stops on the daily.

When you properly retire, are you going to try find a strategy you could use on say the daily time frame?

What a load of rubbish. If price action isn't lagging then can you trade without looking at previous price levels. If you trade a 5 minute chart then the previous candle is lagging. The only element to price that isn't lagging is order flow. Are people really this naive to believe that it's any...

OK, I know nothing of that market but have always wondered what's the draw

Think outside the box

Does anyone trade without indicators?