kor4x, can you explain this "time based entry" strat? What is that? Please also post a drawing to make it understandable - for this specific case I mean.Originally Posted by kor4x
Tnx a lot!
Last edited by lobogabor; 10-31-2013 at 01:06 AM.
5 min short at .8281 will add to short in the .8290 area with stops just above the highs
2013-10-31_0709 - stock333's library
also at resistance on the 60 min
2013-10-31_0714 - stock333's library
added to short at .8292
my stops on my first entries are at .8292
stopped at but reshorted at .8297
target at .8262 and .8258. stops at all BE plus a few pips on all entries
Last edited by stock333; 10-31-2013 at 01:59 PM. Reason: updating
EurJpy H1 a potential bull shark attack is close...
EurJpy H1 a potential bull shark attack is close...
Previous situation was even more beautiful, a bear bat + wolfe wave+3 drives coming together in a resistance area... worked out like a dream.
lobogabor as u know I keep my money management very tight. if it goes against me I always want to take small losses and can always enter again if I was right at a higher price if I still feel the short is warranted
Yes I do, and I really appreciate that! That is why I was asking the status, to learn, how one can manage those with the experience you have!
One was just a beautiful case, that anybody could handle if recognized of course, the other one was a more difficult situation I think, and there it comes down to skill and experience really.
and exactly this was the reason asking about those.
Good to have you back here, the site became a bit lifeless lately I think, more trading ideas will help
Thank you!
This one has put me out of the deal - I mean the bull shark/cypher comboEurJpy H1 a potential bull shark attack is close...
. Not all patterns work, even if double. But the way down still covered/exceeded this loss, due to trade and money management rules, which is a good thing
Last edited by lobogabor; 11-01-2013 at 01:15 AM.
just came back and looking at my nzdusd trade and good to see my 2 targets were hit.
Potential bull cypher M15 for NzdUsd for Friday
Does anybody know if
- Nov 2 is a holiday anywhere on major markets?
- First Friday when it is the first day of the month will have the NFP announcement, or will be the next Friday to go to the ATM cash machine for the ones who are trading NFP by their strategy?
Please let me know, I am a newbie at this stuff...
Hi All,
I have a question and want to know some opinion regarding this for Tp's !
How do you handle to take your tp1 and tp2? Do you fix the SL, Tp1 and Tp2 before the trade and when entered you never modify them? or do you reajust everytime? Let's say you place you tp1 on the 38.2 AD and the price goes a while against you, so do you retrace another fibo and take less profit or do you never change it? It's a fondamental question and I want to have some opinion, the problem with reajusting is that your R:R and sometimes a lot diminushed....
Thanks in advance for your help and your answer...
Best Regards
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