K.I.S.S. Trading GBP/USD

Fugazsy

Veteren member
3,661 677
Ciao Fugazy,
Spero che il comercio sta andando benisimo.
;)

I just try and stick to the basics, and try and do them as well as possible.

I look for Double tops, double bottoms, see areas of S&R, and just take those trades, with very tight stops.

Best
John.

John

Gli affari vanno molto bene, grazie.

Once I saw a simile style on another forum, I will search and if I find it I will let you know...

Fzsy
 

Mr Fox

Established member
510 136
Good Morning,

Naturally, it has been another good morning trading, which I KNEW would be the case, why, well it's always a good way to start the day with positive affirmations along the lines of "I will have another very profitable day today" etc, and some may think this is hocus pocus, but I'm a firm believer in the law of attraction, and if you think good positive thoughts, then good things happen.

It's always good to clear your mind of negativity, and start trading with a clear mind(which is a very taxing endeavor for me, even at the best of times), and an openness to see all that is taking place on the charts

The first trade I took, as seen below was seeing more resistance than support, and from 06.03 there was a strong down ward move, thus a short trade was taken. Price did not capitulate quickly as I had liked, and I closed out with a loss of -2.4 pips.

£ 21.5.15A.png


The second trade i took as seen below was a long, and I must admit I was a little cheeky with this one, because I tried to be very pre-emtive, however I was wrong, and I closed it for -1.7 pips.

£ 21.5.15B.png

The next trade was taken as a double bottom was seen, however my entry in was later than expected, due to not focusing as much as I should have, and again I closed the trade with -4.2 pips.

£ 21.5.15C.png

The next trade as seen below was taken as a triple bottom was seen, and I thought price was definitely going to go long, it went up 6 pips, reversed, however Sometimes you have to be resolute in your analysis, and just stay with it, again stop was tight, and then price broke long.

£ 21.5.15D.png

Another trade was taken as seen below, and this time I added another 1% trade to my existing one. If you see that I took a similar trade of adding another position yesterday, however that one failed, but I know through many a trade taken, the probability is, more shall win than lose. Also my stop by this time was at just under +1%, so barring a major unforeseen capitulation where slippage occurred. I knew the worst that could happen is, its a scratch trade.

£ 21.5.15E.png

So the total for today is a total result of 9%(46.2 pips), not bad for just 1.5hrs work. :clap:

The key to successful trading is consistency.

Trading is a very easy endeavor, if you know what to do, however the caveat is, knowing what to do, and doing it well is the hardest path to walk, and you'll always learn something new, improve entries, improve exits, tweek a little here, or there, reduce mistakes, and I'm sure traders with more years of experience will agree, that you never stop learning.

I like to trade using basic strategies, but do them well.

I must emphasize that just because i use no indicators, that does not mean they do not work, someone who trades with a chart looking like the London underground can be successful too, it's all horses for courses IMHO.

I will add, before the villagers arrive with their pitchforks, I am not here to offer investment advice, take monies from individuals for investment, or sell anything, and if any member has been offered any of the above from me via PM, or otherwise, then please do your civic duty and report this issue to a moderator.

I am just offering a thread with basic ideas that most are aware of, yet not utilizing, hopefully this thread can be seen as additional education, and inspire others that years of hard work does pay very well. (y)

Have a great day trading Y'all.
Best
John.
 

Fugazsy

Veteren member
3,661 677
Good Morning,

Naturally, it has been another good morning trading, which I KNEW would be the case, why, well it's always a good way to start the day with positive affirmations along the lines of "I will have another very profitable day today" etc, and some may think this is hocus pocus, but I'm a firm believer in the law of attraction, and if you think good positive thoughts, then good things happen.

It's always good to clear your mind of negativity, and start trading with a clear mind(which is a very taxing endeavor for me, even at the best of times), and an openness to see all that is taking place on the charts

The first trade I took, as seen below was seeing more resistance than support, and from 06.03 there was a strong down ward move, thus a short trade was taken. Price did not capitulate quickly as I had liked, and I closed out with a loss of -2.4 pips.

View attachment 190728


The second trade i took as seen below was a long, and I must admit I was a little cheeky with this one, because I tried to be very pre-emtive, however I was wrong, and I closed it for -1.7 pips.

View attachment 190730

The next trade was taken as a double bottom was seen, however my entry in was later than expected, due to not focusing as much as I should have, and again I closed the trade with -4.2 pips.

View attachment 190732

The next trade as seen below was taken as a triple bottom was seen, and I thought price was definitely going to go long, it went up 6 pips, reversed, however Sometimes you have to be resolute in your analysis, and just stay with it, again stop was tight, and then price broke long.

View attachment 190734

Another trade was taken as seen below, and this time I added another 1% trade to my existing one. If you see that I took a similar trade of adding another position yesterday, however that one failed, but I know through many a trade taken, the probability is, more shall win than lose. Also my stop by this time was at just under +1%, so barring a major unforeseen capitulation where slippage occurred. I knew the worst that could happen is, its a scratch trade.

View attachment 190736

So the total for today is a total result of 9%(46.2 pips), not bad for just 1.5hrs work. :clap:

The key to successful trading is consistency.

Trading is a very easy endeavor, if you know what to do, however the caveat is, knowing what to do, and doing it well is the hardest path to walk, and you'll always learn something new, improve entries, improve exits, tweek a little here, or there, reduce mistakes, and I'm sure traders with more years of experience will agree, that you never stop learning.

I like to trade using basic strategies, but do them well.

I must emphasize that just because i use no indicators, that does not mean they do not work, someone who trades with a chart looking like the London underground can be successful too, it's all horses for courses IMHO.

I will add, before the villagers arrive with their pitchforks, I am not here to offer investment advice, take monies from individuals for investment, or sell anything, and if any member has been offered any of the above from me via PM, or otherwise, then please do your civic duty and report this issue to a moderator.

I am just offering a thread with basic ideas that most are aware of, yet not utilizing, hopefully this thread can be seen as additional education, and inspire others that years of hard work does pay very well. (y)

Have a great day trading Y'all.
Best
John.

Good thread, continue please..
 

neil

Legendary member
5,167 750
Wot -no indicators !!

Good Morning,

Naturally, it has been another good morning trading, which I KNEW would be the case, why, well it's always a good way to start the day with positive affirmations along the lines of "I will have another very profitable day today" etc, and some may think this is hocus pocus, but I'm a firm believer in the law of attraction, and if you think good positive thoughts, then good things happen.

It's always good to clear your mind of negativity, and start trading with a clear mind(which is a very taxing endeavor for me, even at the best of times), and an openness to see all that is taking place on the charts

The first trade I took, as seen below was seeing more resistance than support, and from 06.03 there was a strong down ward move, thus a short trade was taken. Price did not capitulate quickly as I had liked, and I closed out with a loss of -2.4 pips.

View attachment 190728


The second trade i took as seen below was a long, and I must admit I was a little cheeky with this one, because I tried to be very pre-emtive, however I was wrong, and I closed it for -1.7 pips.

View attachment 190730

The next trade was taken as a double bottom was seen, however my entry in was later than expected, due to not focusing as much as I should have, and again I closed the trade with -4.2 pips.

View attachment 190732

The next trade as seen below was taken as a triple bottom was seen, and I thought price was definitely going to go long, it went up 6 pips, reversed, however Sometimes you have to be resolute in your analysis, and just stay with it, again stop was tight, and then price broke long.

View attachment 190734

Another trade was taken as seen below, and this time I added another 1% trade to my existing one. If you see that I took a similar trade of adding another position yesterday, however that one failed, but I know through many a trade taken, the probability is, more shall win than lose. Also my stop by this time was at just under +1%, so barring a major unforeseen capitulation where slippage occurred. I knew the worst that could happen is, its a scratch trade.

View attachment 190736

So the total for today is a total result of 9%(46.2 pips), not bad for just 1.5hrs work. :clap:

The key to successful trading is consistency.

Trading is a very easy endeavor, if you know what to do, however the caveat is, knowing what to do, and doing it well is the hardest path to walk, and you'll always learn something new, improve entries, improve exits, tweek a little here, or there, reduce mistakes, and I'm sure traders with more years of experience will agree, that you never stop learning.

I like to trade using basic strategies, but do them well.

I must emphasize that just because i use no indicators, that does not mean they do not work, someone who trades with a chart looking like the London underground can be successful too, it's all horses for courses IMHO.

I will add, before the villagers arrive with their pitchforks, I am not here to offer investment advice, take monies from individuals for investment, or sell anything, and if any member has been offered any of the above from me via PM, or otherwise, then please do your civic duty and report this issue to a moderator.

I am just offering a thread with basic ideas that most are aware of, yet not utilizing, hopefully this thread can be seen as additional education, and inspire others that years of hard work does pay very well. (y)

Have a great day trading Y'all.
Best
John.

Gad Sir- no indicators ! No illuminated Christmas tree of wavy lines in assorted colors ! Humph...be mentioning support and resistance next or double bottoms/higher close type of waffle. Naked trading - could cause the upright simian to light torches and march to your cottage on the hill Sir. Beware the angry snake oil vendor and those who wrap themselves in coils of multi-colored indicator twine, avoid the Elliott clan drawing pitchforks.
 

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Mr Fox

Established member
510 136
Good Afternoon All,

First of all I hope you are all having a profitable day.

Last night I took 2 additional trades, for those who are interested, one failed, whilst the other came to fruition. I had to head out for a few drinks, and a few became too many, thus did not get a chance to post those with the pip count shown, and since I can't show a pip count on a chart, I shall disregard posting about those trades, as it's best to go on charts with pip counts seen evidently, rather than ones word.

Last night I was wondering about going in at 2% risk, and woke up this morning with the same thought, and there was no reason why not to, so I decided thus would be the case, and if anything, I would only need half my usual pips and still make a fantastic return.

First trade, as seen below, the reasoning was if price hits the dotted line, and retraces, we are short from a double bottom. Price went through, and I was not fully awake, but fully greedy, and decided to short, well that's what I thought I was doing, unfortunately I put in a buy order, :mad::mad::mad:, and by the time I realized, I am closing a trade with a 11.2 pip loss(-4.5% loss).

£ 22.5.15A.png

I'm very mad at myself, but being mad can wait till later, and so I composed myself, and waited for the next opportunity.

The next trade, as seen below was taken as a level of resistance followed by support was seen, a double top then followed, thus trade taken, price retraced, but didn't take out the double top, and then capitulated in my direction(if price had broke through double top, trade would have been closed), out for +23.2 pips(+9%).

£ 22.5.15B.png

The last trade, as seen below was a straightforward short of a double top for +18.6 pips(+7.4%)

£ 22.5.15C.png

Naturally, it's been a very profitable week, premiership wages, without a smoking, or drinking ban(albeit, near the lower rung of the premiership, but next week I shall be on 2% risk hopefully, so I can move up the wages table. (y)).

total for the day is +30 pips(+12% for the day). Pip could, and should have been higher, but I was aware of looking at the P&L column a lot today, when a satisfactory level was reached, I pulled out.

One thing I would say is that there is probably more information within the T2W site, that caters for all, to the point where you can save yourself so much money, by not going on most of the pointless courses out there, sure it may take a little digging around, but it will save you money, and even worse, that feeling of being ripped off.

There is no big secret, no need to pay, there's no secret smuggled out of Nazi Germany, no holy grail, all it takes is hard work, and patience. "What you put in, is what you get out", and hard work seldom goes unrewarded.

All thoughts, comments, and questions welcome.

Have an amazing day trading Y'all.

Best
John.
 

Forexmospherian

Legendary member
39,928 3,301
Hi John

First of all - Well Done

From what you are saying - I am sure my main Capital account I trade from - ( i have 3 with 2 brokers )is not as large as yours - but as you know I trade normally with approx 5 pip stops - but stay well under 1 % stakes and even as low as 0 6% - with my 30% trades then only being around 0 2 to 0 3 % of my capital

I know I take many more trades than you - and have been very fortunate not to have over 7 losses in a row for over 5 years.

Most days I have 1 to 3 losses bad days 4 -6 losses - and than might be on say 15 -20 intraday trades.

Win ratios are from a low 62% to a high 87% on batches of 100 trades - but even with an average say 70% win ratio - you can - especially if you lose focus etc etc - have a bad run and have anything from 7 to 10 bad trades consecutively.

Now imagine - if that happens to me - I will be down anything from say 4% to a maximum worst case scenario of 7% - all maybe with in a few hours or so.

If you go with 2% on say 5 pip stops and had a shocker on morning - you could end up down 10 to 20% - all within say 4 - 6 hrs.

Now I appreciate you might say - I will stop for a few hrs after 3 or 4 bad consecutive losses - ( I do that - and refocus etc etc ) but if you ploughed on thinking - this next one will win - then you can then enter the bad psycho period - ie logic goes out the window etc

I cheat if I have over 3 losses in a row - I wait and cherry pick my next scalp and exit with any profit - ie 2 or 4 pips - anything to break the "loss" period and negative vibes etc etc

Your hard work over the years watching "paint dry" on the charts is paying off - GL for the future and be careful with the 2% stakes etc on a big account

Regards

F
 

Mr Fox

Established member
510 136
Hi John

First of all - Well Done

From what you are saying - I am sure my main Capital account I trade from - ( i have 3 with 2 brokers )is not as large as yours - but as you know I trade normally with approx 5 pip stops - but stay well under 1 % stakes and even as low as 0 6% - with my 30% trades then only being around 0 2 to 0 3 % of my capital

I know I take many more trades than you - and have been very fortunate not to have over 7 losses in a row for over 5 years.

Most days I have 1 to 3 losses bad days 4 -6 losses - and than might be on say 15 -20 intraday trades.

Win ratios are from a low 62% to a high 87% on batches of 100 trades - but even with an average say 70% win ratio - you can - especially if you lose focus etc etc - have a bad run and have anything from 7 to 10 bad trades consecutively.

Now imagine - if that happens to me - I will be down anything from say 4% to a maximum worst case scenario of 7% - all maybe with in a few hours or so.

If you go with 2% on say 5 pip stops and had a shocker on morning - you could end up down 10 to 20% - all within say 4 - 6 hrs.

Now I appreciate you might say - I will stop for a few hrs after 3 or 4 bad consecutive losses - ( I do that - and refocus etc etc ) but if you ploughed on thinking - this next one will win - then you can then enter the bad psycho period - ie logic goes out the window etc

I cheat if I have over 3 losses in a row - I wait and cherry pick my next scalp and exit with any profit - ie 2 or 4 pips - anything to break the "loss" period and negative vibes etc etc

Your hard work over the years watching "paint dry" on the charts is paying off - GL for the future and be careful with the 2% stakes etc on a big account

Regards

F

Good Afternoon F,

Thank you for your kind words, and advice.

Well I certainly do not know, nor wish to speculate what you have, or anyone else has for that matter, as we are both fighting the same enemy, yet with different ammunitions, and battle strategies.

I'm sure there are a few people on here with larger accounts than myself, the same way I'm sure there are a lot more profitable traders gracing these forums.

Yes you most definitely take more trades than me, a lot more, and I know I would be more profitable if I took more, as sometimes I'll take one trade, and I'm done for the day.

One thing I do know, and that is I definitely leave a lot of money on the table, as I always do an end of day review to see what was available, and obviously, I have not had a losing day for a very long time.

I understand where your coming from about increasing my percentage risk, and my reasoning is.

What do I want to achieve? consistent 5 figure profit days.

How can this be done? more trades, or double risk.

More trades equal too much concentration with screen time on a 1 min time frame, that's not do able over a consistently long period, so that's out, therefore the only answer is, increase percentage risk, and 2% is nothing in the grand scheme of things even if the monetary equivalent may seem high to some.

As for losses, they really do not bother me, however silly mistakes due to lack of concentration, really wind me up, however my only saving grace is knowing my simple "edge" has a high percentage of wins, so I am a winner.

Hard work definitely pays well my good man, and even to this day, if I have not gone away over the weekend, I still spend at least 10 hours over the weekend going over the Cable charts, studying them, trying to see what can be improved.

There is absolutely no better educator than hours at the screens.

Have an amazing day F, I know I have.;)

Good luck, and have a great weekend mate. (y)

Best
John.
 

Mr Fox

Established member
510 136
Good morning to all you Pip procuring patrons,

First of all, I hope you have all had a pleasant weekend.(y)

I must admit, I awoke up a lot later than I had hoped, but just like my trading, my office hours are purely discretionary. :LOL:

Naturally, it has been a fantastic morning, as I had envisaged, and I've certainly smashed it out of the park again.

Today was even sweeter, as I was in at 2% risk.

As seen on the chart below the first trade was a long following S&R. Price moved in my direction for about 12 pips, but I'm after a 1:5 R:R, thus I was unperturbed as price came around, and closed me out for scratch.

£ 26.5.15A.png

The second trade taken, as seen from the chart below, again was identification of S&R, then price went long, formed a triple top, yet I was unable to get in then, however since that was missed, I was then looking for confirmation signs of more capitulation, as per the S&R, thus a short was taken. Now this trade did capitulate 25 pips 1:5 R:R, however the greed of watching the P&L column made me wish, and hope for more capitulation, and as per sod's law, price reversed, and stopped me out for scratch. :mad::mad::mad:

£ 26.5.15B.png

The third trade below was again taken based around S&R, however I did not wait for a 1:5 R:R, as I just wanted to get some pips in the bank, so pulled out at just over 1:2 R:R(11.3 pips/4.5%).

£ 26.5.15C.png

The last trade I took was a short from a double top, after a little dilly dallying, price capitulated, and i was out for 1:6 R:R (30.5 pips/12%).

£ 26.5.15D.png

Thus the total for the day is 42.1 pips(16.5%).

I'm sure there will be people knocking such a simple approach, but I truly am testament to it working very well.

There is no ulterior agenda from myself, as, obviously, everything can be seen in black and white, there's no talking in cyphers, or dangling a mystic carrot only for you to be led to another site where maybe there are site sponsors who pay for advertisement, and require a certain amount of traffic to be seen. No showing of a million pips yet when seen as a daily average falls to less than 20, as the agenda of others, I wish not to speculate on.

All I will say is there is all the information you require to become a successful trader with in this site.

I would also go against the grain whereby people look at this thread, and are happy for me, yet wish to trade, but do not. This thread is purely for an insight into a simple approach that works very well, and to inspire others.

Do not be happy that I am doing well, as that does not pay your bills, or make you a successful trader, but try to work hard to emulate my greatness.

And for those that need a video to be convinced, to you Sir's I present the following, enjoy.


Have a fantastic day trading Y'all, as I may be done for the rest of the week.

Best
John
 
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dearlife1989

Active member
205 53
Nice work Mr Fox and very interesting thread ;) Hopefully this thread continues for a while and doesn't get hijacked by trolls, haters or naabs begging for money with a paper-cup instead of getting some basic FX education ;)
 
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Mr Fox

Established member
510 136
Nice work Mr Fox and very interesting thread ;) Hopefully this thread continues for a while and doesn't get hijacked by trolls, haters or naabs begging for money with a paper-cup instead of getting some basic FX education ;)

Good Afternoon Dearlife1989,

Thank you for your kind words, I shall continue to post on everyday that I trade.:cool:

I hope you've had/are having a profitable day also.

Best
John.
 
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tokyojoe

Established member
880 290
Great posts Mr Fox, too many various threads to keep up with, but this thread caught my attention last week, very positive stuff.

I look in on Forexmosherian's mad house from time to time, he has some fantastic trading insights if you know what to look for.
My mad ramblings are usually on the Dax thread, but I'll chip in here & there when I see what I personally see as a good thread, & this is just that in my eyes !

I have seriously thought about going over to cable, but I have spent so much time slowly learning the movement of the Dax.......well, you know what that is like from FX's comment about you watching paint dry for years, done the time & all that !! The Dax often has enormous intraday movement, the trick, just like any instrument, is jumping on board without getting smacked about too much.

Good luck & good to see you are doing well, sounds like you trade with size, so obviously you are very tuned into the potential nightmare this can present.......& great rewards !

I am very much of the same opinion re people believing if someones good fortune is true or not, I personally take all threads & posts with a pinch of salt, while at the same time searching the good ones, you kind of get a feel for the genuine, or at the very least, good points raised.

The trouble with this game is everybody knows best, we all have access to "other peoples opinions" 24/7 seen it, done it, going over the same old ground etc etc........well from what I've witnessed since starting out on this little journey, that is all trading is & always has been... rinse repeat, rinse repeat (alright, not simple, but...) !!!

I'm the first to question everything, but If we spend our whole time only thinking it's all BS, we simply stagnate.

Good thread & good luck for tomorrow
 
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Mr Fox

Established member
510 136
Good Afternoon All,

First of all, I hope you have all had/are having a profitable day trading.

Tuesday evening was quite a late night out, thus Wednesday was a day off from trading, and even today i really wasn't in the mood to trade, however I convinced myself to trade.

As seen below, the first trade was an S&R trade, break long was taken, price moved up circa 23 pips, however I'm only interested in 25 pips or nothing, the trade reversed, and stopped me out for 1.2 pips.

£ 28.5.15 A.png

The next trade below was what i call a WTFHT "what the fork hero trade", no reasoning behind it, just a tight stopped hero trade. I got stopped out for -0.2 pips.

£ 28.5.15 B.png

The next trade below was also a WTFHT, price capitulated 15 pips my way, but again i was stopped out for +0.2. I appreciate that these trades should not be taken, however I can safely say that I'm quite in tune with how I trade, and more importantly how Cable moves,thus i know what i can try, and get away with it.

£ 28.5.15 C.png

At this point I was really not feeling the markets, and should have closed up for the day. However I took another, and as seen below it was taken from a double bottom, subsequent bars confirmed more level of support, but I was wrong, and I got stopped out. Rules were followed, and sometimes trades showing all the right signs can go wrong, and that's just the way it is.

£ 28.5.15 d.png

Now I am needing to trade some more, not out of any other reason apart from, I refuse to accept, and refuse to have a day where a profit is not made. I have a mentality of "no profitless days", my risk management is on point, my edge is the best out there, and it has a proven track record of delivering what I require.

So another trade was taken, and as seen below it came to fruition. A double top was missed, however the earlier level of support which I had assumed was a strong long level on the previous trade was broken, thus confirming a short was on, and the trade was taken. the SL was zero'd and I just waited till a satisfactory mental target was reached.

£ 28.5.15 E.png

Total for the day is 40.6 pips(+16%).

Well it's been a good day trading, and I sincerely hope all you have had a good day too.

Best
John.
 

Mr Fox

Established member
510 136
Good Afternoon All,

I woke up later than expected, and decided to trade for a few hours.

I only took on trade which was a break of S&R levels.

Now you may ask why the double top, which became a triple top was not taken, and the simple answer is, I was not at my desk before, and logged on before 09.20.

Since it was missed, it was time to look for the next available opportunity, and that was a preemptive S&R break taken with a tight stop.

£ 29.5.15.png

Total for the day is another consistent 40.2 pips(16%), and that is me done for the week.

Have a great day trading Y'all.

Best
John.
 
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Mr Fox

Established member
510 136
I had a lovely Lebanese takeout, and the country might be suffering from geopolitical turmoil, but by jove their warak inab, and Kabsah lamb are truly delectable.

With a belly full of good food, and a head full of invincibility I looked at the charts and with US GDP news coming out I decided to place another trade. The devil does make work for idle hands.

I took the below trade(WTFHT) with no good reasoning behind it, but just having a feeling. Unfortunately I got smashed out of the market.

£ 29.5.15 AF(A).png

Reeling from my mistake, my mind went on tilt, and revenge trading was on my mind, and in quick succession to the last trade, the trade below, again a WTFHT was taken, and again I was smashed out the market.

£ 29.5.15 AF(B).png

Now I'm wondering the land of hindsight cursing myself for taking the trades, so now I had to take a step back, reevaluate what I did, and take stock.

I have just lost circa +8% of my profits, and now I have 2 choices, either call it a day, still up with a very good return, or take another trade, this time with rules stringently adhered to, and see where I end up.

If the latter route is taken, then I have 4 trades with tight stops to take, and if they all go wrong, I leave the day for scratch.

I decided to throw caution to the wind, and go for it.

The below trade was taken as a strong support level was identified, the trade was taken, and it then broke through another strong level, thus keeping me in the trade, and i decided to pull out at 20.5 pips. Now I have made back what I lost, but still was just under my original trading target of 40 pips by a margin of -0.6 pips.

£ 29.5.15 AF(C).png

Now this may seem a good time to quit, but being under my daily target by -0.6 pips would really annoy my OCD, so I decided to take another trade.

The trade below was take because a good level of S&R was identified, and a long trade was taken. Within 2 minutes my SL was zero'd, so now I'm in a free trade, then as price rose, my SL was moved up to +0.6 pips, so whatever happens now I am back at my daily target. A few moments later my SL was again moved up an additional +0.3 pips, this was done so I have made more from the day than I had originally made, even if it was by only +0.1 of a pip. Price ascended quite quickly, so now I have to decide what is a satisfactory target to pull out on, and it was decided an additional 10 pips(4%) would put me at 20% for the day, and as soon as that was reached I pulled out.

£ 29.5.15 AF(D).png

Total for the day is 50.3 pips(20%)

I appreciate that my style of trading may be very unconventional, and some may mock my decisions of when, and to where to move my SL, or the reasons of when to pull out of a trade, but I truly believe my consistent profits mean I flourish in a chaotic marketplace.

I am definitely done for the weekend, and soon it's time to get ready, and head out for some drinkypoos.

Have an amazing weekend all, I know i will.


Best
John.
 
 
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