Technician

Journey to 100 Trades: Rules and Guidelines #forex

FX:EURUSD   Euro Fx/U.S. Dollar
6183 78 283
Guidelines:
  • The journey is a long one, will take several months to complete, and will have losing and winning trades. Please keep showing your interest and support by clicking on the “Thumbs-Up” button for every trade.
  • After following me on tradingview, you will see notifications for my activities on the right hand side bar(Bell icon).
  • Trades that belong to the” Journey” will have a (J) prefix, and a number in the title. For example: ” (J)Trade 31: EURUSD             At Resistance”.
  • After publishing each trade I will be updating it in the comments section and the description. Follow it to keep up to date with the trade.
  • Disclaimer: Previous success doesn’t guarantee future success. My trades could be successful or end up losers. I am just sharing my own trades, and it is not a recommendation to buy or sell.
Rules:
These are the default rules for the trades, unless I state otherwise when I publish the trade,or in my updates for the trades.

1. Maximum risk per trade is 3% of capital. Typically around 2%.
2. Trades are taken in two units.
3. Two targets for each trade. First unit would be closed at first target .
4. After closing first unit at first target, Stop loss will be moved to entry point for the second unit.
5. Second unit would be closed at second target.
6. If 90 percent of first target is reached without triggering entry I cancel the trade (Unless I state otherwise in my updates for the trade).
7. If 90 percent of first target is reached I move stop loss to breakeven. (Unless I state otherwise in my updates for the trade).
8. Remember: Losing is a main part of the game.

My best regards
Technician
Subscribe to my trading portal http://thefxchannel.com/
DigitalMan PRO
2 years ago
Technician,

Looking forward to learning from your trading and following the guidelines which are so important!
Cheers!
+2 Reply
iznogood
2 years ago
...so let the journey begin!
+1 Reply
Don_Corleone PRO
2 years ago
Wish you a great journey Technician!Let's get those pips!
+1 Reply
Technician TOP Don_Corleone
2 years ago
Thanks mate, lets hope for the best :)
Reply
RalfDiana Technician
2 years ago
Hello Technician I Just started to follow You this morning. Hope will be OK! Pity I missed already 27 days and the previous one, if I may ask how many trades did I miss since you started the second 100 trades Journey? Have a nice day, nice and sunny here in UK and Thank You
Reply
Mohammed Ragheb
2 years ago
i trust of you
u can do it
+1 Reply
Technician TOP Mohammed Ragheb
2 years ago
Thanks for your trust
Reply
davidmysterfx
2 years ago
Looking forward to watching and learning from your trading. Best of luck!
+1 Reply
Yes !!! Let's the journey begin !!!. I wish a lot of green pips to everyone !!!
+1 Reply
raydistryfx
2 years ago
seat belt fastened.
+1 Reply
EagleTrades PRO
2 years ago
Good Luck, will be following the whole journey
+1 Reply
amrahmedfouad
2 years ago
Its obvious that you got the quality and sharing your trading plan is something i deeply appreciate... Great Idea to agree for it.
+1 Reply
piotik
2 years ago
Good Luck !
+1 Reply
Abdallah Mouslih
2 years ago
i do trust u
GOD help you
i m gonna follow all ur plain go head
+1 Reply
mac_abra
2 years ago
Technician,

Just a question...do you have a preferred time zone (American, EU, Asia) to post the trades?
I do not want to missed entries...

Thanks in advance.
Cheers!!!
+1 Reply
Technician TOP mac_abra
2 years ago
I will post usually during the U.S. and early asian session. But may post in other times. Anyway, most of the trades will be pending orders.
Reply
Ravenswo
2 years ago
Good luck! Understand the rules....... Plan the trade(s) work the plan wasn't it? ;-) Go for it!!!!
+1 Reply
omen9
2 years ago
looking forward :)
+2 Reply
bitsunrise
2 years ago
Great initiative, looking forward to start! Thanks mate :D
+1 Reply
chimexven PRO
2 years ago
Looking forward to start the journey, and to learn a lot! Thanks a lot for this excellent endeavour!
+1 Reply
YvonneWen
2 years ago
Good luck
+1 Reply
URIFX
2 years ago
I love rule #3 and 4. I applied these rules as your guideline and find it so effective to maximize profit minimize my loss. Thank you!
+1 Reply
Andyle
2 years ago
Let the great journey begin ....
+1 Reply
maku66
2 years ago
Wow!!!
awesome you are record breaking the comments section as well...
so let´s take the ride and make it a joy.... great opportunity for me to be part in °°
*****
+1 Reply
Technician TOP maku66
2 years ago
You guys are the real "record breaking the comments section"
-1 Reply
maku66 Technician
2 years ago
well hopefully they will be good enough to be inspitating....
+1 Reply
chelo
2 years ago
Thanks for your kind sharing.
+1 Reply
Forexer11
2 years ago
You are the only one who I follow! I like your trading style, keep it simple Sir.
+1 Reply
Technician TOP Forexer11
2 years ago
Sure, thx :)
Reply
krescht PRO
2 years ago
Perfect
Reply
Haleema Naz
2 years ago
Yes , I follow you
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Tijmen_K
2 years ago
Looping forward mate! I wist you good luck on your Journey to 100!!
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fensydyl
2 years ago
Good work buddy. keep it up... we are very excited. Cheers
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I'm convinced of your ability I'm sure that everything will work out just fine
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shotal
2 years ago
Let's start the game and kick some ass ;)
Reply
suktrd
2 years ago
Thanks, Technician
Reply
Prome PRO
2 years ago
Thank you bro!
Reply
ARTTV PRO
2 years ago
... I wish you well ... enjoy the "journey" and keep the smile on your face and peace in your heart !!!
... all the BEST !!!
Reply
karatepeadem
2 years ago
excited
Reply
Forza
2 years ago
Wish you the best trades.
Looking forward ....
Reply
gytn25
2 years ago
As Kevin Hart would say: it's about to go down
Reply
2use
2 years ago
Dont forget to number them, maybe start with Trade #1, 2 and etc
+1 Reply
srinivasvk9211
2 years ago
Looking forward for a great learning and understood the rules of engagement which are critical both from capital protection & upside reward
Reply
TahirAli
2 years ago
Thank you so much sir.I can't wait for your 100 trades.
Reply
YuzukiChan
2 years ago
Can we see the previous journey's trades?
+2 Reply
Technician TOP YuzukiChan
2 years ago
Yes sure, just visit my profile and scroll down in history, you will see trades starting from october 2013.
+2 Reply
sam_chow
2 years ago
looking forward
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Tesa8
2 years ago
Sounds great! Just one question: does it apply for binary trades ?
Reply
tiger8
2 years ago
This is going to be a great learning opportunity! Thanks a lot for doing this for us!
Reply
can you be more specific what currencies you're looking to trade mostly ?

gold
silver
euro
aussi
yen
pound

or is going to consist of minor currency trades
Reply
tiger8 QuantitativeExhaustion
2 years ago
I am interested in EUR/USD pair
+2 Reply
Technician TOP QuantitativeExhaustion
2 years ago
Most currencies, gold, silver, and oil..
Reply
oxojeck
2 years ago
Technician, u are the best! Thanks for great work!
+1 Reply
MrQHTWinWin
2 years ago
gogogo lets go!
Reply
arberhysnelaj
2 years ago
Thnx for thePositions
Reply
smith_lee
2 years ago
2. Trades are taken in two units - does this mean 2 trades are open with different targets 1 and 2?
Reply
Technician TOP smith_lee
2 years ago
Yes, two identical positions with two different targets
Reply
smith_lee Technician
2 years ago
Thanks for the prompt response. In that case, should the SL be split by 50-50 of the total of say 2% i.e. 1% for each trade or what would yo advise?
Reply
Technician TOP smith_lee
2 years ago
2% for the whole position. eg. if stop loss is 100 pips for eurusd . for a 30k account, 2%= $600. So the whole position size should be 0.6 lot or 6 mini lots. (0.3 and 0.3)
Reply
Frozenhead
2 years ago
Like your trades man. Simple price and divergence. I am afraid of posting my ideas as i saw you posting first ;p anyway good work man and would like to ask you some questions in pm if you have some spare time
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Technician TOP Frozenhead
2 years ago
Thanks. Sure.
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Jagsp
2 years ago
You are the Best! Keep rocking.
Reply
trader_ak PRO
2 years ago
Great idea. Well done. Good luck. Real trading is about decision making ( the technical analysis is not the end game, just a tool to help with the decision making process ). Keep it simple and try to resist the counter-trend set ups. Good luck.
+1 Reply
Technician TOP trader_ak
2 years ago
Thanks
Reply
FiresJVV
2 years ago
Let's start!
Good Luck
Reply
MOE
2 years ago
Technician,
thanks a lot , any ideas before fomc :)
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DavidDor
2 years ago
i think your planning is very good
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AlfredoOlivas
2 years ago
Nice job technician. I'm a little bit late, but i'll be here to looking forward it.
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Technician TOP AlfredoOlivas
2 years ago
Thanks, We still have 95 trades left..
Reply
ValeriuV Technician
2 years ago
a long way to go... we are greatfull for all the efort you put into analizing the charts and share those with us. for those who are new in this is a great opportunity to learn as well as a chance to make some profits along the way if we choose to take some of the trades as well. all the best
Reply
ausl
2 years ago
I love it!
Reply
xtrade2015 PRO
2 years ago
really like these simple rules !
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kuehtiaw
2 years ago
great...
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EmranFx
2 years ago
This is very helpful for us.
thank you
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discman24
2 years ago
Starting my journey with you.. starting from Trade 20.. hope I am still in time to find the previous 19 trades.
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MM247
2 years ago
great technician
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MILAD-FX-26
2 years ago
THANKS
+1 Reply
leentjai MILAD-FX-26
2 years ago
Thanks !!!!!
Reply
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