RCS SS Signals

DISCLAIMER
Please read the disclaimer on the home page

Euro Short

Stop moved to BE, and eventually stopped out for about 4 pips

Re-entered short when price continued its down move and stop brought to BE within few minutes. Trade closed for about 20 pips

DISCLAIMER
Please read the disclaimer on the home page

RCS SS Signals Around 830 AM PST

DISCLAIMER
Please read the disclaimer on the home page

Aussie Short

Stop already moved to breakeven

DISCLAIMER
Please read the disclaimer on the home page

Cable Short

Gave the market about 30 minutes to settle down and waited for a pullback before taking this short. Trade now in safe zone.

DISCLAIMER
Please read the disclaimer on the home page

Cable Trade - Stop to BE

Stop moved to break even for free trade, and I'm done for the day.

I use the H1/H4 TFs as my bellwether and strategy is to look for setups on the M15 TF and enter on the M1 TF, which therefore allows for very tight stop. Sometimes I get stopped out quick at BE but overall, I have made more pips and reduced losing trades to less than 10% which is my goal and money management style. I believe that if we protect capital, we will be here to trade another day. If I get stopped out and the setup is still intact, I re-enter the trade.

I don't need to trade every day as a 25 pips daily average on a full size account should pay the bill. Remember, slow and steady wins the race - we are not competing against anybody but ourselves. Think about it. The day I realized I did not need to trade daily was the day I started making consistent pips in the market. I wait for my specific setup and trade it. If it is not there, I stand down as I know it may not be there every day but when it is, a 50 - 150 pips is possible, and therefore need only 7 - 10 days of a good setup to make my monthly target. So why the stress or getting emotionally charged with every trade!!!

I hope this helps one trader out there.

Shalom, and God bless

George

DISCLAIMER
Please read the disclaimer on the home page

Cable Short

I am looking for a possible re-test of 5000, and at worst the opening price level @ the yellow line.

DISCLAIMER
Please read the disclaimer on the home page

RCS SS Signal

Euro also gave a buy signal but has since pulled back, and I closed my long for about 10 pips as it was a CT trade.

DISCLAIMER
Please read the disclaimer on the home page

Euro Long

DISCLAIMER
Please read the disclaimer on the home page

Euro Short Trade

DISCLAIMER
Please read the disclaimer on the home page

Cable Scout Trade

Quick scout trade before ADP report, and hoping this can continue down, and if not trade is already secured .

DISCLAIMER
Please read the disclaimer on the home page

Cable Trade

Another quick trade on the ISM Non Manufacturing PMI news release with very tight stop.


DISCLAIMER
Please read the disclaimer on the home page ISM Non-Manufacturing PMI

Aussie Trade

Quick Aussie rate announcement trade :-) Trade closed @ 1.02363

DISCLAIMER
Please read the disclaimer on the home page