tag:blogger.com,1999:blog-2355868876301075047.post2620046852949778942..comments2023-07-06T11:39:00.719+01:00Comments on Forex Intraday Trading: Longer term tradesFXhttp://www.blogger.com/profile/07680743908250462866noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2355868876301075047.post-76502062986906836672012-05-28T08:09:55.130+01:002012-05-28T08:09:55.130+01:00Hi fX,it usually depends on the pair and s/r level...Hi fX,it usually depends on the pair and s/r level,usually 30-70 pip risk and reward as limit 2R but if i am on the computer ,i set alert on target ,that i can extend my target on the weak market.If there is no s/r level to adjust my stop than i will go with fixed pip size.PRD traderhttps://www.blogger.com/profile/06541433100379385122noreply@blogger.comtag:blogger.com,1999:blog-2355868876301075047.post-3984424839191896572012-05-27T08:35:33.332+01:002012-05-27T08:35:33.332+01:00PRD thank you on you're for me uplifting post....PRD thank you on you're for me uplifting post. <br />I would like to ask you about 4h time frame what is your usual range in pips that you risk on those trades and what multiple of R is your usual predetermined target?FXhttps://www.blogger.com/profile/07680743908250462866noreply@blogger.comtag:blogger.com,1999:blog-2355868876301075047.post-47658770751782916722012-05-27T03:44:52.810+01:002012-05-27T03:44:52.810+01:00all traders go through same phases,some become pro...all traders go through same phases,some become profitable ealier ,some later and some will never be trader as they will quit.In my trading career i realizer few thing that changed my life forever<br />1.How easy it is if you know how to trade,easy system works the best.when i was struggling,it was the most difficlt job in the world but i couldn't quit.<br />2.It is most profitble business in the world,it just take some time to learn it.<br />3.Yes long time period bring<br />more money than shorter time frame,i went throug all time frame and 4h is the best,very few loses.<br />4.Pre determined setup with target and stop.PRD traderhttps://www.blogger.com/profile/06541433100379385122noreply@blogger.comtag:blogger.com,1999:blog-2355868876301075047.post-35935350229447409792012-05-08T09:57:08.119+01:002012-05-08T09:57:08.119+01:00Those trades weren't opened based on technical...Those trades weren't opened based on technical setups except eur/gbp trade. I don't trade that much based on setups so my thinking is different. I don't question that kind of trading, but don't do it in a sense how for example equity traders trade based on setups.FXhttps://www.blogger.com/profile/07680743908250462866noreply@blogger.comtag:blogger.com,1999:blog-2355868876301075047.post-56957701168544922872012-05-08T03:29:55.674+01:002012-05-08T03:29:55.674+01:00I'm not a forex trader , but based on your LF ...I'm not a forex trader , but based on your LF chart, the only valid set up is wedge breakout at the direction of ema..iT is about 20% of the time, but the pips is very nice. This setup also shown in your 1min chart but about 15% of the time.<br /><br />Sorry, not trying to coach you :)<br /><br />To compare it with CL oil, the wedge is rare in CL in LFTSThttps://www.blogger.com/profile/03252248146918473416noreply@blogger.com