Quote:
Originally Posted by stratocaster59
I came here because I wanted more action than I was getting trading the Daily and soon found out that the action I got (pressure) was way more than I could handle.
I have just closed my Daily short GBPUSD trade at the close (1.3874) after entering at 1.4788 for a nice 914 piparoonis in 3 days.I will continue to post when I feel I can help.
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Dear Mr Strat,
That one trade (while you were doing something more meaningful with your life than watching little bars & wiggly lines on your computer screen) is more than 1.5 times my weekly target
Like Nicola (and I am sure many others) I too aspire to trading the higher timeframes, but you need a decent account size to be able to do so sensibly. So we have to work very hard for a while (not so long for Pipsy Galore I think) at being consistently good on the lower tfs to build up an account that we can first of all live from, and then take an excess from to start the 'long term book' as Dan calls it.
I have really appreciated everything you have contributed to the Pimps thread here to date, and would appreciate if you could keep us both informed of what your trade strategy is delivering for you (pips per week etc) and your feedback & constructive critism on what we are doing, from your perspective
keep on rockin
Paul