Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Trading Systems and Strategies
Price Action Swing Trading - The PAST Strategy
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Nigel Price, post: 47193, member: 25485"] Just an update from the trade this morning - it is now approximately 80 pips in profit. I regularly aim for significantly more than 80 pips. I like to control risk very tightly, so I must be prepared to take a lot of losing trades. It is important therefore that when the winning trades come along I make the most out of them. My stop is at break-even, so I am risking nothing on the trade now. There is an Aussie rate decision due out tonight, so the volatility might take me out. But if it does, I won't lose anything. If it moves in my favour, I might gain a lot. This is the most important thing in trading in my view - always put yourself in a position that if you lose you only lose a little, but when you win, you win a lot. Big wins pay for lots of little losers. Anyway - here is the chart. See you soon Nigel [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…