toinou21 wrote:TrendTrader wrote:toinou21, I hope you got piece of the pie!
wow, look at this, straight to the moon GBPUSD from 1.6432 to 1.6566 in one shot and EURGBP. This is the case we need STOP LOSS in case it goes against us.
Happy trading
Hello Trendtrader,
Very impressive, but in my case, im afraid to trend news, I'm profitable only by using Simpleforex strategi and have a lot of patience is the key. However could you give me some tips on how you enter your trade, you took 2 sells, with a stop loss, but still it's very risky.
Hi toinou21,
One of the trades you see in the chart is called luck and GREED. I anticipated the market will go down, so I entered the market earlier. Later on I entered an other order with the rules of trend line strategy and it worked.
The tip I will give you is, you already have it. It is called PATIENCE. This strategy needs nerves of steal to get the discipline and patience to wait for the setup.
Remember an earlier posts of simpleforex, that’s the advise and the tip we all need. Follow the rules. If the market says buy, buy! If the market says sell, sell! No emotions.
So I am not taking credit for this trade, just got lucky I guess.