gbpnzd
- | Joined May 2013 | Status: Member | 47 Posts
Greatness Is Only Achieved By Working Hard... Depends How Bad You Want It!!
Why your broker is your friend and your enemy 4 replies
RSI candle indicator - Enjoy 10 replies
self enjoy TL 119 replies
Why does GBPUSD enjoy the biggest/easiest price moves? 7 replies
Enjoy the Obstacles, by Dr. Van K Tharp 13 replies
Disliked{quote} Lots of thanks to you. I mentioned it before in my posts that EXACTLY the entry is the problem,- which is Emma not really explaining. I also cannot see clear rules for entry. I think you can tweak your R:R ratios. As mentioned before, it is in your case 1:5 or even 1:8 (Risk:Reward) - so may be reduce it to 1:3 and give the market more space (higer SL) but the problem still exists: When to enter? New rule could be: you have to wait a certain period of time before entering the trade, so lots of false breaks to the downside are avoided - but...Ignored
DislikedThanks Emma for showing examples. The funny this is you show exactly the problem which I mentioned before (don't worry, many pros here do the same). Let's take your last example, here it is very clear: The "A" Scenario trade is nice and clear.{image} But the "B" Scenario breaks all rules of A Scenario - longer timeframe until "corridor" of breakout is completed, violating exit rule if V-Pattern is broken to the upside - except the corridor is not yet finished. So the question is: when is the corridor finished? Is it a matter of time or price? Or...Ignored
DislikedThanks Emma for showing examples. The funny this is you show exactly the problem which I mentioned before (don't worry, many pros here do the same). Let's take your last example, here it is very clear: The "A" Scenario trade is nice and clear.{image} But the "B" Scenario breaks all rules of A Scenario - longer timeframe until "corridor" of breakout is completed, violating exit rule if V-Pattern is broken to the upside - except the corridor is not yet finished. So the question is: when is the corridor finished? Is it a matter of time or price? Or...Ignored