Trading Target Candles, page-74

  1. 2,131 Posts.
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    Hi Kates9999

    When I wanted to start a live trading thread, trading with a Weekly Pivots method was my second choice.

    A second choice by a long way because the forex market is full of failed traders who have lost their pants, their accounts with margin calls by getting a pivot call wrong and starting to trade against a losing positions.

    This method works because we are trading with the big players on their next move. They set their target which are normally the high or low of the next M15 - H1 Candle and make small runs all the way to their greater target.
    We are only concerned here about taking small profits as the market offers us and just harvesting pips to achieve a weekly goal.

    Here no one is going to lose too much and they should achieve around a 80% win rate with experience.

    Please share any other trading experiences you have that may help this thread and thanks for popping in.


 
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