Since long I think the correlation between US good news and yen pairs is getting better

So I think watching good news and (pre) enter may be a good trade style for the coming 3 months

Kill me if I’m wrong.

D-Man

I liked ur system very much. I was using a break out system in gbp/us not very regular in profits.

ur system is very good.. if failed for few months after 2 years…. its very normal…rather i would say its a very very good average.
read ur ebook and waiting for d new one.

best of luck with d changes which u r dong in ur system.

Reg,

Azy

IMHO there is really not that big a change required in adjusting your method – almost none at all. I’ve been doing the following since I “met” you. The following is based on a long position:
Using the 4H to establish short term trend along with support & resistance…price breaks resistance and I go to 15M to watch price action and look for conformation, either as a retest of support ( if price retests AFTER closing above support) I go long above high of breakout) or if I’m feeling more aggressive, and price action dictates, I enter immediately above the HIGH of the break out bar when it closes. When price reaches my target of 20 pips + spread, I close 80% of my position and move my stop to break even. The 20% rides to my POTENTIAL price -basically,your full target. That 20% can be a chunk ‘o change and I’ve locked in my 80% (sometimes I use 70/30 depending on price action. Same ole sound NckB method + a little conformation in these troubled waters. For what it’s worth

FX Trading: I have been following you and your trading method quite closely and, because of it, have learned to look at trading differently. Hovever, because I have some difficulty with “positioning” the S+R lines correctly, I tried something a little bit different. And, for me, it is developing quite successfully.

It’s your method, in a sense, but just another way of looking at it.

Perhaps you could look at it, purely as a professional, and give me your opinion. So can I email you direct , just to keep it personal for now.

I am an amateur trying to be successful. Thats all!

sagitaire

Thanks for the kind words and support guys. Good to know my work and the site is appreciated!

Thanks man!

Of course it does, I should have known. Thanks for that man, I knew that guy was a tosser from the minute I met him in the chatroom.

I believe in exiting based on price action too. I honestly think that I got a little too sucked in to trading automatically and I lost my way.

Trader451 is right you use price action! Looks like you do it instinctively too which means your a natural trader!