Currently I am learning from the above forum-er in BabyPips.
You can read from the beginning of his thread, which has more than 100+ pages now.
The introduction of his thread is very enticing, and I think the number of pages in his thread shows that he should be taken seriously.
Was reading his thread in office today, and I jumped straight into action once I am back home from office.
Above is a trade I just entered.
I am currently following 16 different currency combinations now.
And to scan them fast, I follow 2 quick and simple steps.
- Lookout for resistance/support horizon
- Read the Price Action
You can see a Big Shadow and also a Pin developing.
I now use the minimum micro-lot, which is 1000 lot. This is because I will be looking to trade many charts, to diversify. Therefore I can only trade the minimum for each.
One important thing about MasterGunner is that he always aim big. That is why you do not see me place a Limit Stop in the above chart. In fact, he normally will not use a Stop Loss too. He aims for very big movements, and will only give the trade up once he see that the Price Action is working against him.
Anyway, my above trade is also going against how he trades. He is actually a Trend trader.
For losing trades, MasterGunner will hold them for less than a week. For winning Trades, he can hold them for 2 weeks and more.
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