In this video, I do a review on the USDJPY trade I took sometime back in October.
How I Made 50R on USDJPY?
I hope you have enjoyed my weekly market analysis! As always, comments are welcomed and encouraged. Cheers!
This Trading Method Averaged 17.53% A Year Over The Last 24 Years — In A Bull Market, Bear Market, And During A Recession.
I really like this trade, and you managed it very nicely,always get motivated to see your trade,specially this trade changed my way of thinking.Thanks for the video.
Just one question when you enter your first position, how did you put your stop loss. I know that you use 2 ATR for stop loss but in what time frame you used 1HR,4HR,daily or 50 period moving average for the stop loss.
For my first position i use 2 ATR on the 1 hour timeframe.
hi,
how do you manage your position size for subsequent entries?
eg, 1 contract, 1 contract, 1 contract ?
do u set the trailing stop at the same level for all the different entries as the trade progresses?
thanks
thanks, need to go through your videos again
trend following rocks, but i find it hard to sit still
nice one, what is the position size of each trades
Hi Rayner,
Very nice trade!!
Just to make sure I understand, do you put your stop-loss 2ATR according to 1H time frame as usual, or just only for this trade?
Hi Shlomi,
I use 2 ATR on my entry time frame.
If i’m entering off the 1 hour, it will be based on the 1 hour.
Rayner
Thanks Rayner 🙂
You’re welcome Shlomi 🙂