and from this aid USD I adjusted the market orders to show what were the pendings at the 17:30- 17:45 candle as well as the stops below that were sorted with the W
1
3
Break Out + Pull Back & Pure Break Outs 59 replies
BB break + trendline break 24 replies
Disliked{quote} Not only a stop hut. At the time there were alot of pending buy stops and break out traders with close by sl's too. The thing to watch out for is the setup. The MM is setting all this up with that downward trend making a wedge formation above the previous structure so called support etc ya ya. Then broke out in direction of trend taking all the trend suckers in. Made a W formation or a Double bottom. All AUD pairs showed similar action prior and after. Learn to read the buildup. The pdfs i posted in the files section cover thisIgnored
Disliked{quote} you may be right there bud, for now, but I am saving my bullets up for a large DXY short at the end of next week. If DXY finishes bullish around or above 103-104 with a momentum move up. my hammers coming out before week close. I dont want any buy USD open or other correlating. expect a real bloodbath over easter.Ignored
Disliked{quote} I'm waiting for oil to move lower to $5-$8 per bbl. Then I'm going to buy 2021 April options.Ignored
DislikedAnyone fancy explaining these candle shenanigans? Pure dirty play I say. Cant even catch them as the spread widens to whole candles Lucky was only toying with demo at the time! {image}Ignored
DislikedAnyone fancy explaining these candle shenanigans to a relative newbie? Got me dumbfounded...Dirty play I say? Couldn't even catch them, as the spread widened to the whole candles Lucky I was only toying with a demo at the time! While I'm at it, does anyone have experience or thoughts on Pepper stone UK ? Many thanks and best wishes {image}Ignored
Disliked{quote} Hi ItRs, Sorry for the wait. Good question. Normally I will have my 3 levels of price to load them back when trend goes against me or I will cut losses and re-enter when time is right. It really depends on the current price action itself. I will have to see how is the movements before I close for a loss or if I think that trend is just a temporary going against me then I will leave it and load them back with my levels. This is how I cope with my money management. Individual I would say. Hope it helps you.Ignored
Disliked{quote} Many thanks for reply and share your thoughts. I understood how you manage your trade in such circumstances. But want to ask about your levels, are these levels are based on PA or distance based on # of PIPs i.e. from where you execute the next cluster of trades if you analyze the trend is temporarily not inline with you trade? One more, how about TP, is it also based on any calculation like ATR? Because what I have observed in your previous posts that you even execute trades on different prices within the cluster but all have same TP (most...Ignored