Unfortunately had to close both of these trades as I’d be on the Road and couldn’t stare at the charts but still they gave me good % return for each trade.
Reason for EURUsd trade As we can see we have an ascending trending and a double bottom forming which confirms our trade
For AudUsd trade
We see a pattern forming (like a flag idk the name of it) and as soon as it broke it was bound to rise.
Man, I love these simple and easy trades. Keep it up. Don’t listen to anyone telling you to use other analysis and indicators. Just keep things simple as it is, and you’ll be profitable.
Reagan said:
Man, I love these simple and easy trades. Keep it up. Don’t listen to anyone telling you to use other analysis and indicators. Just keep things simple as it is, and you’ll be profitable.
Yep, as long as we don’t overcomplicate it with 5 different indicators and 10 different rules.
When you’re looking at a chart, what is your chart time span usually? 10 seconds? 1 min? 15 min? Beginner FX trader here, recently just entered 0.11 EUR/USD at $1.04965.
Riggs said:
When you’re looking at a chart, what is your chart time span usually? 10 seconds? 1 min? 15 min? Beginner FX trader here, recently just entered 0.11 EUR/USD at $1.04965.
When I’m looking for chart overall analysis, I see 4H and 1H for trend, then I look at 30 mins for ranges and 5 min to enter.
Riggs said:
@Francis
How long do you usually stay in a trade for?
Usually around 1 hour, but it depends on session, to be honest. But never overnight.
Riggs said:
@Francis
How long do you usually stay in a trade for?
Usually around 1 hour, but it depends on session, to be honest. But never overnight.
I plan on leaving my position overnight… What do you think my stop loss should be at, and what are your thoughts for EUR/USD until morning (6 hours)?
@Riggs
Honestly speaking, you never know what might happen while you’re asleep. But if you are in profit, then put stop loss in profit; i.e., if you’re $20 up, put SL at $15 up and take away take profit and see how far it goes. Me personally, I never let it ride all night.
What strategy and signals did you use, bro? I really want to benefit from your experience to apply it with Olymp, besides the strategies I use there.
Reagan said:
What strategy and signals did you use, bro? I really want to benefit from your experience to apply it with Olymp, besides the strategies I use there.
I learned to use this platform, sis. Did you use the Dundee Crocodile strategy? I see it but didn’t try it yet.
Good job… but… 2 are nothing:) Show me the last 500.
Noice.
Nice catch, bro 
.
