23.
With all the retracements this week we're just getting a lot of setups (15 right now). Of course they may never come back to the entry. Might also get some monthly cross-over next Wed.
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DislikedSorry I've not been around too much this week, been busy with other projects. Really nice to see some good discussion on the thread. Not sure why but my threads tend to attract courteous and kind people who are willing to help others. I like that a lot.Ignored
DislikedHey HB and spyder, as for your rules, in a case like this one u place the order on the High of candle A or B? (the A is higher but the B is the first counter trend candle)Ignored
DislikedI've seen that the EMAs of many pairs u have pending orders with, are crossed back on the daily chart.
Will you remove the pending orders or you wait the cross of EMAs on the montly timeframe before to cancel the pending?
Hope to be clear and sorry for my poor englishIgnored
DislikedNon ti preoccupare. If the daily 5/8 is against you then leave it. We only want to trade strong trends in the direction of the monthly.Ignored
DislikedThanks for your patience regarding my english and compliments for your italian.
What if 2 or more candles go counter trend? Do you keep the pending order on the 1st one or you move it to the 2nd, 3rd...... ? I've already read this question on this thread but the answer was not so clear to me. I think spyderman prefer to keep the pending on the 1st, but what about you HB?Ignored
DislikedHugh Briss,
Just want to share with you what i am testing. The method is exactly the same the only thing different is i am using a different risk to reward.
SL 50
TP 150
SL move to BE after 100 pips
30% success rate to be profitable, now since we are trading with the trend this should be more than achievable if we follow the rules.
I risk half of a % per trade , also don't trade more than 2 pairs at the same time unless SL is move to BE on another pair.
So far last week i am up 250 pips!
The key here is as you mentioned earlier to...Ignored
DislikedI've seen that the EMAs of many pairs u have pending orders with, are crossed back on the daily chart.
Will you remove the pending orders or you wait the cross of EMAs on the montly timeframe before to cancel the pending?
Hope to be clear and sorry for my poor englishIgnored
DislikedAud/Chf and Eur/Cad hit profit this morning for 430 pips.
Still have secondary order in place for both.Ignored
DislikedNice work.... Would you post a chart of those for me...
Looks like another long just got opened..... http://screencast.com/t/jOf45lkXIgnored