Naked. Some horizontal/trend lines and candlestick/price pattern lo. Few recent trades, entered, reached my 1:1, but not my 1:2, then retrace and hit my SL. So dunno how to improve on this area

This post has been edited by hehe86: Aug 20 2016, 01:55 AM

So what you meant is if my tp is 30 pips, if hit half of it, have to adjust the SL already ya?

ok thanks for your help

I'm seeing JPY also follow suit. Is it everytime USD got interest rate news, JPY will follow? A correlation?

now USD strengthening eh

For those who use simple Support/Resistance breakout strategy, how do you reduce/avoid fake breakout probability?

Nice, pain tolerance. I think that's the hardest lol.

BOC BOJ habis. JPY volatility habis. So FOMC ECB and BOE incoming.

No active trades avoid entry? Or wait to attack once trigger your setup?

Haha, so wait n c la tu?

demo, how long you been doing it already? Did you track your performance by maybe doing journaling? What method are you using? Sometimes by using one method and you're in a losing streak doesn't mean the method is useless. Most importantly is the method that you used make sense to you and suits you. Then you have to keep using the same method over and over without much error to know the method's performance

http://www.tradeciety.com/how-can-i-be-sur...-is-profitable/

Adui, even if one short, didn't use trailing stop, 800 pips gone

Hmmm having a SL is better than having none at all i think. As for slippage, let say you hold a long position over weekend, and when the market reopens, it gapped down way past you SL, in this scenario, your broker can only try their best to get the best price as they can isnt it? So slippage is unavoidable in this scenario?

but i heard the volume shown in your broker in forex is not accurate. so not sure VSA can help

well the reason i found thru mr.google is forex has no centralized market. hence the volume used would not be accurate

what is MC that is used here?