❗ What to look for when I post an idea - Check the Trade Log! ❗A quick video running through how my ideas work and why they're different!
Trading for me is all in the detail and the planning now.
Know your numbers and your data and you can plan properly.
You know if your strategy or system works or not and you can ensure your risk management is in line with probability.
Rule number one is...
You cant run out of money, else you're out of business, right?
You can even run out of money with a profitable strategy, if you risk to much and hit a losing streak - even if the strategy is profitable!
Trading is a long game, not about retiring off that one lucky trade you might hit over the course of a week.
You'll also give the profits back with interest anyway.
Talking from experience!
Have a great weekend, any questions - feel free to reach out vis the DM.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
Trend-strategy
GBPJPY H4 testing /1000%+ gain data for 1000+ trades since 2007 Hi All
Pleased share some back testing results on the H4 timeframe across some xxxjpy pairs, mainly GBPJPY.
By testing H4 we have access to more data in time, so this video shows testing from 2007 with over 1000+ trades , so a substantial back test in my opinion.
Entry is clear - we just follow the entry on screen
Exit is clear - 3 exit options
- Stop Loss (all of our SL's are dynamic and based from ATR - so we take into account volatility on every trade - you can still risk the same amount!)
- TP3 target based on 1:8 Risk to Reward
or lastly, close and enter on a reverse signal if this happens before the other 2 possible outcomes.
Regards
Darren
Scalping opportunity on the 1m/3m/5m timeframes .....Those that like to scalp or want to learn can using our strategy.
Its very clear to see how to follow price as shown - also our members can test using our strategy tester and hone in on the settings and parameters even further. However, this video is just showing standard settings.
Either follow price or use the labels for SL and TP targets.
Part close at TP2 and leave TP3 until the reverse signal or SL to entry, could work too.
Lots of different ways to manage the position once you are in - even taking 15 pips a time would have worked a treat.
Regards
Darren
Blue FX