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Trade Explorer System All Time Return:
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DislikedLet talk about the rules as they apply to the current case. We entered a buy so if we get stopped out and it triggers the sell then we enter are stop loss for the sell 5 pips above the highest high while in the buy trade. If we would have been in a sell and the stop got triggered on that thus putting us in a sell we would put the stop on the buy 5 pips below the lowest point it went to when we were in the sell. So the stop loss on the sell if it gets triggered is 1.4964 I hope this makes sense.
-SterlingIgnored
DislikedSo the reversal stoploss goes to the highest high SINCE the buy trade was triggered- well how about that! I thought it just went to the high point of the reversal bar that triggered the initial buy trade and stayed put until a new proper signal the other way- Just when I think I have every situation down something new pops up haha-
If you update the rules I think you should update the reversal order stoploss one with the situation in "Initial stop placement, Rule 3",
make it say something like,
"Your stoploss for the reversal order should...Ignored
DislikedHi
I just read the thread .. would you pls look for the chart and correct me ...
many thx
ammarIgnored
DislikedIf you were to open a position for the first time your setup bar would be the one before your arrow, right on the period separator and your entry bar as shown; if you had a position on Friday and closed it as per rules other criteria apply as set out on the first page.
Also your chart bars (FXDD) start one hour earlier than we use here in this thread so we may have different entries.Ignored
DislikedMany thanks ... and regarding to FXDD chart .. did I need to use your server time or the concept is enough and can aply on any server time ?Ignored
DislikedStersuhr
This is a great work man, i have read the thread from start to end and i have carefully practice and back tested it.
dear all please if you need any system that is simple but MAKE MONEY I RECOMMEND THIS.
DONT BE IN A HURRY PLEASE READ AND TRY TO TEST!!,
SEE THE ATTACHED FOR TODAY ALONE
OlamicashIgnored
DislikedStersuhr
This is a great work man, i have read the thread from start to end and i have carefully practice and back tested it.
dear all please if you need any system that is simple but MAKE MONEY I RECOMMEND THIS.
DONT BE IN A HURRY PLEASE READ AND TRY TO TEST!!,
SEE THE ATTACHED FOR TODAY ALONE
OlamicashIgnored
DislikedOlamicash,
Even though, by looking at your bars, you seem to have different opening bar times, it seems to me your trades from today aren't by the system rules, because of the levels:
Even if you entered today (like if you had a fresh new setup bar), by the break of the first bar, that trade should still be in place, because you were never stopped, and hadn't a reverse sign.
If the entrance wasn't for it, in that case I don't get that, either.Ignored
DislikedOlamicash,
I know it's a great system
I was just making sure you understand the rules, because you posted your statement along with the chart (like a prove of the efficiency of the system), but I saw the values didn't match with the rules...
But, even with a late entry, by the rules you shouldn't have already closed the trade... that long is still running.
My intervention was just a "heads up" to the wrong values, because we don't want people who are still learning the system to be confused, do we?
Anyway, if you've got the rules...Ignored
QuoteDislikedThe market gapped down but not enough to stop us out, so we at open should have re-entered the buy and have are stop loss at 1.4552 We should also have a sell stop order at the same price. Let me know if you dont understand this.
-Sterling
DislikedWell... i was looking for a fresh entry yesterday and i have entered after gap. The stop loss for me is .4655 like him. Must i put my stop loss in 4552?
My other question is... we have now candles touching high emas, if they are under ema by more of 5pips they can be "setup" bars but we must to wait if there is a reversal to put a stop loss in previous bar no?
Final question.. we have more of 150 pips of profit, we dont apply the 50% rule in this case because we dont have a reversal bar failed right?
thanks for advice.Ignored