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This is the trade I was referring to. I reopened it with same stops. I originally opened it at the earliest candle you can see here. It got closed out for a loss of $7,029 at the pin bar that almost touches the red SL (the sell price went below it). If it didn't close there, it would have...

When I'm less tired perhaps. It's 3am here.

Ok. Well my NZD/USD trade, I closed at a profit of $5,300. I had the TP at over $20,000 but I decided to close it and not get greedy. Then I reopened it under a new trade with same stops.

I understand that you're showing how to open trades around a pin bar. But my issue is that they closed me out of a trade I was already in. I wish it wouldn't have.

Would that have helped me avoid the closeout here though?

Here's a trade I lost. I got closed out on a "pin bar." I entered at the blue. I'm wondering if there's a way to avoid getting closed out on pin bars, because I've heard they are actually a sign in the opposite direction. If I hadn't gotten closed on the pin bar, I bet I would have won the trade.

You recommend always waiting for a pullback? If so, is this defined by any indicator? Or just eyeball it?

I've been looking at a more complicated strategy that I found on YouTube involving using three different ema's and looking for chart patterns for entry and exit points. I think I might just forget the YouTube video and keep it simple.

Thanks. I'm not worried about the broader picture because I just recently altered my strategy. Prior to this, it was just guessing. Since changing strategy, I'm 2 for 3, with 2 open (of which I'm winning 1).

I feel like I've made tons of progress over last day. FOLLOW THE TREND. I'm so tempted to close out this NZD/USD at a $2500 profit. But I will see it to the end. I have TP and SL now set at places that would prove my trade true or false. On initial $50,000 investment: TP = $21,352 SL = -$8,350

This is one I might have to hold on to for 2 days or more. I placed a TP at .63801 (over $20k profit on initial $50k investment). I didn't place a SL because... 1. It's fake money so who cares 2. I didn't want to risk a "reverse flash crash" to knock me out just to have it revert to the...

Let's try another one... NZD/USD... It's in a clear downtrend with the 90ema. This chart shows about 2 weeks, but the downtrend extends back to January 1st. It has recently spiked up and become overbought with a RSI above 75. I'll sell it and wait until it hopefully dips quite a bit more. I...

Then how do you use MA's?

The file name "Polish" refers to the photo editing app I used to cross out my face.

I had planned on adjusting my EMA after some testing. So you don't require that it's trending for a certain amount of time?

All while on vacation. Living the dream!

I saw that it was clearly trending down consistently for 2 weeks based on a 90ema. (This was the only currency pair out of about 10 that I checked that I could say this about) I sold it, and placed SL and TP at points that I eyeballed that would make my prediction either true or false. I got...

Well it worked today. I made a total of $1072 following the trend. I skipped over many other currency pairs because they didn't have this clear of a trend. That's better than I've done before.

Idk. Then is there a minimum slope I should look for?

Is this not sound logic... EUR/USD has been going down consistently over the past 2 weeks. Therefore, it will continue to go down (based on the same forces causing it to go down) unless a greater force acts upon it. ?????