- Search Forex Factory
- 70 Results
- jamesagnew replied 3 hr ago
been looking at the daily again if the price goes 50 pips in your favour then move the stop to -25 this reduces the risk to 2.5 % and gives the trade some room 100 pip initial stop 50 pips in your favour 25 stop easy
- jamesagnew replied 3 hr ago
when the price action goes 50 pips in your favour then move the stop loss to -50 pips so this reduces your risk to 5% rather than 10% no need for the EMA just trade the close past high or low of the HA within 3 candles hope this is clear
- jamesagnew replied 4 hr ago
100 pip stop loss is 10 % risk but you either exit with -100 or colour change , so it could be only -50 for instance thats -5 % 400 pip target is + 40% , this is stress free trading , just check the charts at daily open and see if there is an entry
- jamesagnew replied 4 hr ago
i like the daily charts , less stress you can use a 100 pip stop loss and target 400 pips that's 4-1 risk rewards or exit on colour change seems to be good no need for the ema , just use Hieken Ashi the candle must close past the high or low of ...
- jamesagnew replied 5 hr ago
If you get 15 pips then that's your target for that day close pc and do something else , also be out at news 10 mins before and after news hope all is clear 15 pips is 1.5% a day x 5 days is 7.5% a week and 30 % a month if you have 3 open positions ...
- jamesagnew replied 5 hr ago
Also you should not risk more than 1.5 % per trade , max of 4.5 % over 3 open positions so if you have $100 account , initial risk is 15 pips or 1.5 % x 3 trades is 4.5% EU AU GU trade these pairs so that's 0.01 lots per $100 in your account
- jamesagnew replied 6 hr ago
I forgot to mention , this method is for the 15 min chart , you can use other timeframe but the 15 min offers a smaller stop out on the colour change
- jamesagnew replied 6 hr ago
This Method is such a great system its easy to spot the entrys maybe someone can make an iindicator to show the entrys because i am just eye balling the entry but its not always easy to spot the entry ,
- jamesagnew replied Jun 5, 2024
i have added super trend to this method for confirmation of trend as long as super trend is green and price is under the I-REG then its a long vice versa for short
- jamesagnew replied Jun 4, 2024
As far as targets, i am using a 30 pip stop loss and 30 pip target AU EU GU GREEN UNDER I-REG BUY , JUST ENTER YELLOW ABOVE I-REG SELL , JUST ENTER SLOPING UP FOR BUY SLOPING DOWN FOR SELL EASY
- jamesagnew replied Jun 4, 2024
I forgot to mention I'm using this on the 15 min charts EU AU GU less is more, no need to trade loads of forex pairs Green below slinky go long sloping up, yellow above slinky pointing down go short , slinky is the white line I-REG
- jamesagnew replied May 30, 2024
here is the updated chart with the dots , it shows less dots but this is more accurate for pullbacks , enter trade in lone with the arrows 100 pip exit 150 pip stop or opposite arrow
- jamesagnew replied May 30, 2024
here is an update , it filters a lot of losing trades giving the good trades only. i have new target of 100 pips stop loss is 150 or exit on opposite arrow you can trade AU GU EU only these pairs i will share a picture
- jamesagnew replied May 30, 2024
I forgot to mention , this method should be used on the 1 hour timeframe maybe you can place a stop loss just under the thick dot , the thick dot is the entry for the pullback for trade
- jamesagnew replied May 20, 2024
your not using the correct template , my charts look nothing like that , they show retrace into the super trend, but your dont try the template below
- jamesagnew replied May 19, 2024
here is what i would do , wait on the price to pullback to middle line then wait for the price to hit the other line then go to breakeven protect your entry capital perseveration is number 1 hope this helps
- jamesagnew replied May 19, 2024
when the super trend changes colour you wait on the first pullback , then wait for the break past the line for entry
- jamesagnew replied May 19, 2024
if the market is ranging the price will be inside the 2 liness , when the price goes past the upper or lower line its an entry this is simple
- jamesagnew replied May 18, 2024
lol its not cherry picked its a real time entry
- jamesagnew replied May 18, 2024
I have a good risk rewards method , risk 35 pips from the middle line entry , and exit with 70 pips or you could trail the stop using the middle line to hit for exit either or is good let me know if you have any questions about this