Disliked{quote} 100% agreed, do not risk 100 pips to make 33 pips. Also, it could start trending and not be visited for years never mind 24 - 48 hours Lets watch these play out as I post them and see if YOU can make profit.Ignored
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Disliked{quote} 100% agreed, do not risk 100 pips to make 33 pips. Also, it could start trending and not be visited for years never mind 24 - 48 hours Lets watch these play out as I post them and see if YOU can make profit.Ignored
DislikedFor anyone that cares or is keeping track, trying to capture this TZ area has cost me 34 pips so far and I am current flat on this trade. I am, however, looking to get back in as that 1.0999 area could be in the cards by end of day.Ignored
Disliked{quote} Probably buy E/J on a break below low day (maybe 10 - 20 pips below current low of day), with a target of 136.00. Stop will be in the 20 - 30 pip range I would imagine but will be adjusted depending on price action.Ignored
DislikedI use to trade a similar way, called it filling the void. However, as mentioned by someone earlier, its too difficult to predict when the market will fill that area. Instead maybe go with the flow of the market. Euro is clearly the weakest right now. E/J imho, should be sold on rallies down to that filling the void area on the 1 hr chart around 135.25. It will keep your losses small while targeting decent profit. Not telling you how to trade, just giving you my opinion.Ignored
Disliked{quote} Probably buy E/J on a break below low day (maybe 10 - 20 pips below current low of day), with a target of 136.00. Stop will be in the 20 - 30 pip range I would imagine but will be adjusted depending on price action.Ignored
Disliked{quote} This is a very good setup. Target would likely be hit. But 135.52 needs to act as strong support till london open .if it gives way before london open the trades setup probability of success will be reduced. I wouldnt take this trade because its not a good enough setup based on my system. I only take high probability high pippage tradesIgnored
DislikedTarget hit. Risk was never anywhere near 100 - 300 pips as discussed above. {image}Ignored
Disliked{quote} This is a very good setup. Target would likely be hit. But 135.52 needs to act as strong support till london open .if it gives way before london open the trades setup probability of success will be reduced. I wouldnt take this trade because its not a good enough setup based on my system. I only take high probability high pippage tradesIgnored
DislikedTarget hit. Risk was never anywhere near 100 - 300 pips as discussed above. {image}Ignored
Disliked{quote} I called it a great trade from the start. Why dont you open a trade explorer. It would help you guage profitability in real timeIgnored
Disliked{quote} I know you risk about 30pips. Im only saying price could deviate 100 to 300pips before coming back to hit target. I said this based on eurusd which has hit targets but after deviating about 70pips from proposed entry.Ignored
Disliked{quote} I called 137 on eurjpy. Target hit. Pls sun dont be offended. I have traded this way for some time thats why I am saying all im saying. I know what im talking about. You can build a strategy around it but stand alone it will fraustrate those trying to apply it. Maybe you have found your way. I have found mind. Its just one out of many tools I use that forms my whole methodology. Try out a trade explorer and you would see what im talking about. Was nice postin here. Im out ciao.Ignored