M candles / Custom candles for second charts 1 reply
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DislikedMy work space opens with 11 charts. I rotate through them first thing and eliminate charts that I don't like the look of the price action lots of back and forth, too many large candles or large wicks. Then I focus on pairs that include weakest and strongest currencies. Usually by then I'm down to 5 or 6 pairs. Which is workable. At that point set a timer that alerts me when at 4min mark on the candles to rotate through and check the charts. Hope that helps.Ignored
DislikedMy work space opens with 11 charts. I rotate through them first thing and eliminate charts that I don't like the look of the price action lots of back and forth, too many large candles or large wicks. Then I focus on pairs that include weakest and strongest currencies. Usually by then I'm down to 5 or 6 pairs. Which is workable. At that point set a timer that alerts me when at 4min mark on the candles to rotate through and check the charts. Hope that helps.Ignored
Disliked4 trades today 2 closed winners, 2 still open. Jumpy price action today but tradeable still I like things looking a little smoother. {image} {image}Ignored
DislikedA good morning think i will call it quits for the day. Have some coffee and breakfast on the terrace. Today's my wife's Birthday so what ever she wants to do is the order of the day. Unfortunately quarantine crimps the fun, but so it goes.Ignored
DislikedMy trades open with 20 pip S/L which I then either leave or adjust the A/J was moved slightly up to 17 pips, and at 5:25 to 5 pips, 5:55 to B/E. The E/J entry was on a large candle so S/L stayed at 20 5:55 to 5 pips, 6:05 to B/E.Ignored
Disliked{quote} TYVM for the explination. I knew that you have that template that automatically sets the 20 pips SL but I wasn't sure if you would keep it at 20 MAX no matter what even if it places your SL in a bad areas for price action....or right in the middle of a candle. TY for answering my questions.Ignored
DislikedMy trades open with 20 pip S/L which I then either leave or adjust the A/J was moved slightly up to 17 pips, and at 5:25 to 5 pips, 5:55 to B/E. The E/J entry was on a large candle so S/L stayed at 20 5:55 to 5 pips, 6:05 to B/E.Ignored
DislikedYes Driven that is pretty much it, Is it exactly that every time except for the 20 pip max no, but close. Beautiful morning 72 sunny nice breeze off the Sea of Cortez, Have about 6 Hummingbirds flitting around the feeders on the terrace, little buggers are so quick. Here's my view from bedroom terrace. {image}Ignored
DislikedYes Driven that is pretty much it, Is it exactly that every time except for the 20 pip max no, but close. Beautiful morning 72 sunny nice breeze off the Sea of Cortez, Have about 6 Hummingbirds flitting around the feeders on the terrace, little buggers are so quick. Here's my view from bedroom terrace. {image}Ignored