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Posts by
JakeSummers
RISK MANAGEMENT STRATEGIES
in
Experienced Traders
Feb 15, 2016 at 07:30
I agree.2-3% risk per trade.Risk to reward of at least 1:1 for target 1.
GBP/USD daily outlook
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Experienced Traders
Feb 15, 2016 at 07:30
1.4800 and maybe 1.5000. Don't bet your house, but it wouldn't surprise me.
GBP/USD daily outlook
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Experienced Traders
Feb 12, 2016 at 11:29
If 1.43500 doesn't hold my bias will change to sell.
GBP/USD daily outlook
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Experienced Traders
Feb 10, 2016 at 12:56
This is what I see as a possibility.https://www.tradingview.com/chart/GBPUSD/dz6QtXbe-GBPUSD-Bullish-ABCD/
GBP/USD daily outlook
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Experienced Traders
Feb 04, 2016 at 07:19
Just closed out my position at 1.4500, but I'm expecting at least 1.4600. This week is very heavy on macro news, so maybe the Non-Farm's will give us more confidence.
RISK MANAGEMENT STRATEGIES
in
Experienced Traders
Jan 13, 2016 at 07:49
I've recently committed to adding advanced harmonic patterns to my trade plan.With 70%+ accuracy, I only take trades with 1:1 Risk to Reward. As soon as my first target is reached I move my SL to just above break even and let my trades run to TP2 as a risk free trade.Each trade I take is 2% risk of my account balance.I also manage my trades based on what price action is telling me.
Honest truth about forex.....
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New Traders
Jan 12, 2016 at 13:25
Makes no odds with using 1:50 or 1:500 leverage providing you use proper risk and money management.2% is still 2%, whether it's yours or not.
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