That was a really long trade, +103 in the end (positive slippage yay lucky me)
edit: Bizzle, I hope you're proud
edit: Bizzle, I hope you're proud
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Trading Made Simple system follower - Thanks to eelfranz 9 replies
Disliked{quote} Realjumper (one of the founders of the genesis thread) used to say tight stops are false economy, better to have a large SL that never gets hit than tiny ones that constantly get hit. Just because you have a 50 pip SL, doesn't mean you should let it be taken out - you can manually bail on trades when the setup is invalidated by having a mental stop (e.g: "if this candle turns and closes from red to blue and TDI hooks, I'm out" or something similiar).Ignored
DislikedThat was a really long trade, +103 in the end (positive slippage yay lucky me) {image}Ignored
Disliked{quote} ...I better give you one of these... ... Congrats mate!!!Ignored
DislikedManaged to a attach an EU 4hr trade (demo) I took yesterday. Entry was possibly a little late any thoughts welcome.... {image}Ignored
DislikedManaged to a attach an EU 4hr trade (demo) I took yesterday. Entry was possibly a little late any thoughts welcome.... {image}Ignored
DislikedThat was a really long trade, +103 in the end (positive slippage yay lucky me) edit: Bizzle, I hope you're proud {image}Ignored
DislikedManaged to a attach an EU 4hr trade (demo) I took yesterday. Entry was possibly a little late any thoughts welcome.... {image}Ignored
Disliked{quote} Thank you Now I can close shop for the week. {quote} Its okay, you could have entered on the open of the previous candle too, either way, nice tradeIgnored
DislikedThat was a really long trade, +103 in the end (positive slippage yay lucky me) edit: Bizzle, I hope you're proud {image}Ignored
Disliked{quote} Fxray, I like your set-up. But it's starting to look pretty cluttered. Can you make it simpler & cleaner? For example get rid of the green line (you don't need it). The pink & blue arrows are redundant (you don't need them). Imho, the dotted white horizontal lines (you don't need them). The cleaner & simpler your charts the better! Overall, I think your doing great sjIgnored
Disliked{quote} Appreciate the feedback. I was slightly cautious wanting the candle to leave the pac if I've got this correct.Ignored
DislikedEUR/AUD short on H4 @11.00 (GMT+1) Set my SL to BE+2 once reached +25 ... TP is around 1.4595 but I will check PA in the next hours... {image}Ignored
Disliked{quote} Really great trade, mate! You have a lot of patience to hold such trades, well done!Ignored
Disliked{quote} Thanks bro Need to keep working on patience though, I almost bailed at NYO because the previous candle barely closed bearish until, but decided I had my stop at 50ish? at the time so stuck to it. {quote} Thanks bro {quote} The PAC is Dean Malone's S.Y.N.E.R.G.Y, Big E. specifically said that he used a 5 period EMA because he gets better entries that way, personally I have 0 trust in MAs, they're super unreliable so I just don't use anyIgnored
Disliked{quote} WDays, Imho, a moving average, say the ema 8, will show you where the "value area" is. When you have a blank chart it is very hard to see where value is. Dean Malone's pac, shows you the value area. The value area is very important. Eelfranz did not use moving averages. He made all his trades off of the Tdi crosses. The value area is where price will go in & out of. Price is always very close to value. I want to know where the value area is.Ignored
Disliked{quote} chopped up my trade in different partial closes as the chart was being a bit ranging for now ... (MBL flat around 60) here is what I did, showed on a 15minutes chart (just to see the orders) {image}Ignored