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- sawell replied Jan 23, 2014
And does it also mean that if your stop loss is set to 10 pips realistically your stop loss is actually 8 pips? Just a bit confused
- Question about broker spread and risk management
Hi, Say if you had a strategy for example where you planned to TP at 10 pips, when backtesting ...
- sawell replied Dec 5, 2012
Ouch, wish I had seen the don't go long advice this morning hit my SL with that setup around 8am GMT on EURUSD. Oh well, I'll keep on learning!
- sawell replied Dec 3, 2012
Hi all, Just making my way through the thread and doing some back testing while I'm at it. Quick one, is there any way this could have been avoided?
- sawell replied Dec 13, 2011
I've done babypips, I also trade other instruments and have exhaustive knowledge of other markets. Please don't presume to judge people based on conflicting opinions, not everyone is going to take your advice as gospel, and there's no reason they ...
- sawell replied Dec 13, 2011
I'm very very new here, just sharing my experiences be them woes or triumphs. I think it's important for people to share the bad as well as the good. I was frustrated enough with myself and I know the mistakes I've made. I traded against the trend ...
- sawell replied Dec 12, 2011
Excellent tip, thank you very much! Are there any draw backs to the GG-Trendbar, does it mean you enter good trades later for example?
- sawell replied Dec 12, 2011
Must also add that with the way the euro is at the moment, especially this week and last, it's a really tough time trading against the generally bearish euro currencies, especially as you're shut out of a lot of bearish trades due to bullish spikes ...
- sawell replied Dec 12, 2011
I entered and lost on that one this morning, I'm avoiding USDCHF now as it often puts me in really tight spots. It tends to get more extreme spikes with colour than EURUSD but they seem to lead to bad trades more than EURUSD does.
- sawell replied Dec 9, 2011
Well that one took out my SL, oh well, going to happen 20% of the time... might just call it a day/week Here's my bad trade (because like any trading strategy nothing is perfect!) my SL is set to 25 pips on M5. image
- sawell replied Dec 9, 2011
Trendline...
- sawell replied Dec 9, 2011
Yeah, I think TB probably pushed it short but it should go long soon. Let's sit and wait for the stars to align...
- sawell replied Dec 9, 2011
I went short, I was a little scared due to the timing (trade balance announcement), but I just followed SEFC blindly and it paid off, as it normally does! Decent 33 pips image
- sawell replied Dec 9, 2011
What do you do for reversal spotting? I look for 3 indi changes (colour spike of course being the exclusion) before I confirm a reversal and get out of the trade, the trendline didn't change on this occasion so I stayed in the trade for a further 20 ...
- sawell replied Dec 8, 2011
Anyone else find that trading both EURUSD and USDCHF works quite well due to their inverse nature? You can often pick up a trade that doesn't meet the extreme high/low indi on one chart but does on the other. Here's an example of what I mean: ...
- sawell replied Dec 7, 2011
MT4 isn't supported on ipad/phone as far as i'm aware, I would say it's too involved to support that kind of integration. TeamViewer is completely supported though, so you can interact with your MT4 installation on your home PC through TeamViewer by ...
- sawell replied Dec 7, 2011
I use Team Viewer to remotely log into my home PC and trade from an apple device remotely whilst on the train/in meetings etc. Might be of interest to you.
- sawell replied Dec 1, 2011
You made the right choice not to go in. The problem with going in there is that you open yourself up to areas with no volatility. If you look at 16:45 on the 29th as an example, if you'd have gone short at that time on the basis of your theory, and ...
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