Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
EA Close out all open positions on certain level of equity 50 replies
What is the stop-out level for your broker? 10 replies
High leverage low stop-out level broker 19 replies
Break out and fake out 0 replies
DislikedHello nadi-fx Great thread and following with interest. The latest buy trade you entered at 9704 can you highlight where your take profit is so I can compare if I have it right. Still learning this but not 100% sure whether you religious have a 3-1 Risk to reward or take profit at the next level regardless if risk reward. Thank you for your time.Ignored
DislikedSo given we have a limit order to sell at 1.10367 ish will you cancel that depending on price action and your confidence in carrying on with the buy trade, or let things play out? Just want to understand how hands on you are after setting up the trades.Ignored
Disliked{quote} Let things play out. I for most if not always take my shot at up coming LV. I will give my buy the shot to break through and at the same time don't miss out on the new trade in opposite way. I don't know what's going to happen at that level, I just don't know. I treat each trade as it's own.Ignored
Disliked{quote} Hi, my take profit on this trade is already set up top at 10750 about 100pips. I initially always shoot for 3R especially if it falls into a solid level, I bank it like where I have for this buy trade. However, there is a level before that at 10388ish around 70 pips profit, If I see price not breaking it easily and plays around it, I could just take the 70 there. In another words I will not settle so easily for take profit when a level is lower than 3R or 90 pips and initially is set at following level. Nothing is set in stone, but I will...Ignored
DislikedNow, this move (red circle) allows me to put my Stop at BE. It serves me well to be at a risk-free trade before going to bed. I can only wake up to a nice surprise and not a bad one, I like that. {image}Ignored
Dislikednice tread. I notice you use recent Levels. I look left and draw level where most touches are. questions so many but how you define the level is getting weak or price will not respect the level or how many time you trade same level ? I use 3 touches then I feel level not going to hold. unless its major S/R. I mark block on EU 3 touch reference points. thanks {image}Ignored
DislikedGood morning to all... I see long trade is closed but at breakeven. That level is dead now, but it served as a profitable one with serval nice bounces. My 9408 LV was missed to be triggered by a hair this time less than a pip, I think. I get your post shortly. Coffee time. GLIgnored
DislikedMorning With regard to say a buy order running with a 90 pip TP above the entry. But we have a sell order at 70 pips above where we took the long would the sell order not negate and close the long position. I have never tried it so may be dependent on the broker used (IE if they operate order cancels order) RegardsIgnored
Disliked{quote} Up late.... so now you are out of that open trade? Regardless, I can now see why the 30-pip trailing stop makes sense. Gets you out of a minor move at BE and allows you to wait for the next level to enterIgnored
DislikedIt is unreal how I missed this nice strong bounce, less than a pip. and my LV is right on the money, no mistakes there, it's just a mis. ... nothing ever bothers me more than this kind of things lol. It's a bummer. I hope you guys were triggered. {image}Ignored