As much as there is never a sure thing in trading, you're about as sure as you can get that an area like that will drop you 10-15 pips and maybe a lot more.
As safe as trading gets that mate.
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DislikedAye,
I missed my morning session, which I love, and then there was the gap!
I havn't traded today and I am MISSING IT!!!!!
I am restraining myself until tomorrow.
That trade would have worked a treat. I'd have script 1 TP at 15 and then I would have closed the other two out at the MS1!
NICE!!!!!!!
How is it going in general Trotty?Ignored
DislikedAye,
That trade would have worked a treat. I'd have script 1 TP at 15 and then I would have closed the other two out at the MS1!Ignored
DislikedThe scripts are set up for a 5 digit broker/pair
Which are you using?
If you are unsure goto to the GU (GBP/USD) Pair and see how many digits there are after the decimal point. That should tell you at least what your broker is.
You may need to disable the auto risk script.
see below for pic:
I'll be on for till 6(ish) 1hr, so shout if it doesnt work
*edit*
added my experts control panel.Ignored
DislikedThought it's about time I added a chart to the thread.
We have a 2/3 bar retrace limit on the strict rules of this strat....Ignored
DislikedGot it working on my live account now, but not no the demo. The journal tab just says "Script loaded successfully" then "Script removed"Ignored
DislikedGot it fixed now, must have been something wrong with the demo account.
One more question, Is it possible to use the 'A_Setlotsize' script ? when I try it, it seems to set the lot size to 1 lot regardless of the percent size.
Thanks for all the help.
SimmoIgnored
DislikedTrotty,
Nice example here. I had some of these before and IMO this is an excellent confluence (MA confluences with previous support/resistance). I would take these anytime for 15-20 pips.
KostasIgnored
DislikedI guess you can call it sexy except point "A".
That was around May 11th which I wanted to comment as an example to avoid. I had my normal 19 pip maximum SL since that particular trade was very erratic. The price quickly moved to take my SL and then I thought "well I am sure that this will reverse back", so I moved the SL to the maximum Daily limit of 30 pips. The price went back in my direction for a while but before positive it came back to -28. At this point I should have taken the loss, but my older habits kicked in and I moved the SL further....Ignored
DislikedLooks like a good bounce of the 10ema...... oh, is that not a chart?
Still mighty impressive my friend!
Can you please tell me what website/software you use for that?
Regards
LeeIgnored
DislikedI guess you can call it sexy except point "A".
That was around May 11th which I wanted to comment as an example to avoid. I had my normal 19 pip maximum SL since that particular trade was very erratic. The price quickly moved to take my SL and then I thought "well I am sure that this will reverse back", so I moved the SL to the maximum Daily limit of 30 pips. The price went back in my direction for a while but before positive it came back to -28. At this point I should have taken the loss, but my older habits kicked in and I moved the SL further....Ignored