Simple & almost naked. The dream date or the dream system?

[WayneG]

Hi Cue Ball.
My previous reply was written before I saw yours!
I would gladly take a 3-5 pip profit with 100% success rate!
Mine is about 60-70% at the moment.
I find it difficult to follow all the trades though, especially watching 2 charts (EUR/USD & GBP/USD), so I end up picking the losing trades quite often!
The 10 pips is including the spread.
I don't even have the zig-zag indicators, so just doing it by eye and a trend line marker.

[WayneG]

And a question for everyone:

Anybody experimented with a trailing S/L?
Maybe 5 pips?

[Cue Ball]

Hi Blizard,

This is my trade from this morning, hope I'm still on the right track as I haven't got the luxury of self painting Swing ZZ so I've had to improvised.

[Cue Ball]

Hi WayneG,

Q. If you're doing it by eye are you drawing the Fib lines like how Blizard recommended?

[Cue Ball]

Just took another trade. The bottom fell out the markets.

[sandybeach]

Just took another trade. The bottom fell out the markets.

<img src="http://forums.babypips.com/attachment.php?attachmentid=23933"/>

Lol i missed that one, sods law you go get a cup of tea and miss thr best action!!

[fxscalp]

Thought it was just me - I went for a bike ride! lol

[WayneG]

Hi Cue Ball.

I've always used pivot points on my charts, so I didn't feel the need to have more S/R lines on my chart.

[WayneG]

Recent trade:

[Cue Ball]

Hi WayneG,

If you look at post 283, you will see i use both Fib and Pivots, the Red is the fib (drawn from the previous days H/L) and the Black line is the Pivot. I also use green for "00". I've notice price interacts with both. hope this helps