Thread: Accurate, High Probability Trades

I believe monday/tuesday will be a bullish day for EURUSD, I will wait for a pullback into the 1.3335 region and get in longterm. Is where it will bounce from, either of them.

No transactions now, price bounced in the greatest red area on the chart, being a bank holiday in the united states and me not investing on bank holidays because of their often unpredictable movements, I cancelled my buy order at market open, I should of left it...

What's the underlying assumption for accepting trades when you do?

Originally Posted by ;

What is the underlying assumption for taking trades when you do?

I completely forgot to put that in my first post, I've just upgraded it.

I trade a few egys combined, largely supply need but I prefer to call these areas'areas of interest' or'potential change places' and daily pivots together with weekly and monthly pivots.

Originally Posted by ;

I totally forgot to put that in my first post, I have just updated it.

I exchange a few egys combined, mainly supply need but I like to call those areas'areas of interest' or'potential reversal areas' and daily pivots together with weekly and monthly pivots.

I thought that might have been the situation. Supply and demand is all I use anymore, since it's the one thing that's ever made sense to me. Are you maintaining your risk into a certain% of your account? It's difficult to tell since the amount of lots are hidden. Very impressive although not surprising yields if in fact you're keeping risk commanded.

I currently risk between 5 and 8 percent of my account per commerce, although this may seem large, its what I'm comfortable doing even more so with me being anal in my entrys, I attempt to be as accurate as I can so I can lower the risk even more, that 13% loss was when the price literally taken through my cease and shut out to get more. I'm currently trading no more than 0.5 lot each commerce but depending on the stop dimensions and R;R (that is always a minimum of 1;1), the lot dimensions will alter all the time, the smaller my discontinue normally the bigger the lot size I will trade and vice versa, I have no doubt though once the account grows, I will lower the risk% even more.

You're right about provide demand, 95 percent of my entrys are based off that alone.

Keep up the fantastic work, I'll be keeping an eye on your explorer from time to time.

Originally Posted by ;

Keep up the good work, I will be keeping an eye on your explorer from time to time.

Cheers, hoping to get a good week and get the account growing with a good% again, got a couple of areas I am seeing on a couple of pairs, lets see how it stands out.

Buy order pending on EURJPY at 125.097, I believe it will bounce up from here into the 125.75 place, to that end my profit target is set at 125.69 just under the place highlighted red in the bottom chart which I think that it'll either break through or bounce back down. My prejudice with this pair is currently bullish.