DislikedGreetings,
Anyone using metatrader? I thought I'd post this chart and see what you think. All comments welcome.
RegardsIgnored
BTC Return This Year:
13.7%
Open Trade near Pivot line (Pivot Point) 14 replies
5/15 minutes time frame high probability system by Almo 929 replies
Point system to destinguish high or low probability trades? 3 replies
High probability Trading System 2 replies
Pivot point reference point? 7 replies
DislikedGreetings,
Anyone using metatrader? I thought I'd post this chart and see what you think. All comments welcome.
RegardsIgnored
DislikedHappy New Year to all! I have present from Santa..
New Bband Squeeze v.5 with auto pivot target calculation (CGTrader1 strategy), pivots and midle pivots lines with backtest..Ignored
DislikedHey GCTrader...first welcome back. Second, there is a pending trade on EJ is there not? It's been brewing for the better part of 22 hours. Bandwidth is finally below .0056. What do you think? I don't have a trigger yet though?
What is taking it soooo long?
RickIgnored
DislikedThanks Colostarr,
Yes there is a squeeze but like I said earlier, it is due to the rather massive FOMC announcement which is what everyone is waiting for. Any trade signal untill then is useless. A trade can be made after the signal has been given after 15 minutes after the ann. which would give sufficient time for the market to settle down and go in the direction of fundamentals instead of irrational movements. Should be an interesting one thats for sure! I will be awake for this one...
GCTIgnored
DislikedI had to do something...dropping $1,000.00 was PAINFUL:surprised. I doubled my lots (in with 4 lots). Took 28 pips on the rebound and BAILED!! I haven't sat that close to the edge of my seat in a few months. I felt like I was rooting for my favorite team in the Super bowl. It was 4th and 10, 2 seconds left, down by 4. Hail Mary to the end zone. Thank God...it was caught...TOUCHDOWN! I can breath again. That trade had "Margin Call" written all over it. I think I will go be sick now. I did actually manage to scrape $120 profit. I am done for the day...gonna go change my shorts now. Note to self...check pending news before going large!
RickIgnored
DislikedWow, good that you made a come back but yes always check on up and coming announcements. I'm going to say this but im sure you already know but had a lapse . You should only trade a position so that you risk only 2 - 5% of your total account. As soon as you get emotional and start to "get even" with the market, bad things happen! Take care of your account and print out your rules for trading(which should be written down) and stick it above your monitor. Time trading has taught me many lessons
Hope you trade well.
GCTIgnored
DislikedSundowner and all using MT4,
why don't you guys write some EA for it? Or at least an indicator that would email/alert when bands squeeze for people that have a day job?
thanksIgnored
DislikedWe are trying, trust me! That was the first thought that come to my mind. John and I are both in talks with the charting company, PRT, to sms when the signal has been given. Currently they do that with their indicators but not custom ones such as the squeeze. We hope to have that rectified soon.
GCTIgnored