Sometimes I get * in the zone*when trading and can somewhat anticipate what the market is going to do and trade in that way.
I have hard rules for total trading beginers of the system.
Some traders wait until the mtf stochs are trending in one way and the price to hit the opposite tma or pullback to the line then take the RF bar in the direction of the trend and that usually turns out to be a nice trade though not that often, but the quality of the trade is good.
This is all ok with me as long as you continue to win and grasp a few basic concepts.
1, Your eye is being trained to look at a chart and find the direction of the market and that is apparent at the first look.
2,In time you will learn not to stay in a trade to long and you will be able to estimate your take profit based on how fast or slow the market is moving.
These are fundamentals not taught to new traders but will be quickly learned by trading the system due to the fast paced nature of the trades being made.
You will not have to wait all day to find a good trade.It is like throwing new swimmers into a pool and they will first swim to survive then over time swim to race and compete but this takes practice.
Still in the position eurjpy approaching 100pips...will hold.I could have opened more positions at the entry points and added 1 lot.This is how you turn 100pips into 300pips by opening multiple positions down the hill then add total pips in the end.
My statement would not make sense to you as I have a lot of things going at once.I am building the new system and have some trades on exotics while also testing the posted system on same account.
I will tell you this though the system has average 120k a day on 6 pairs trading 2k lots.Some trades are short term many are hold.
I am sure I could make much more if I added a strategy like max trade were I would add lots as the trend steps down.I could have made the 100 pips to 200+ if I traded that way.
But at this time no I will not release my statement as I have more going due to my testing and it is hit and miss on my other systems (mostly hit)but if you did see it you would be private messaging me for some more of my work.
I post the screen shots so you all can see how to trade the system efficiently.It is one thing to talk about what you can do but to show is another ball game and much clearer to the mind.