Trade which I did half hour ago.
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DislikedHi Jeff
Instead of profit based on PiP, If you give profit in $ in globale close you may hit the target
That is what I am doingIgnored
DislikedThis trade (and another similar one) was opened more than 24 hrs ago and still going on. The closeatequity was set at 40 pips profit, never reached that.
Looking at the charts and calculating the highest price peak within the last 24 hrs for the 6 pairs shown here, the price never reached +9 pips!!!
Does this call for a reverse trade, may be or what? If this trade was reversed, the profit might have been hit several times.
[color=black]Now, as I understood the approach was easy. Look...Ignored
DislikedThis one was a nice trade, it went immediately into profit, no real drawdown other than the spreads. The one thing I liked about the setup was that the USD was showing a small amount of weakness in the M1 & M5 on the lowest chart (which continued to grow) and both the EUR & GBP looked mildly stronger (which also grew slightly during the trade). I closed out the trade with 150 pips which is great!Ignored
Disliked[color=black]Things are moving along rather nicely and I like the idea of scalping the JPY crosses so I thought I'd post a little something to help add to the thinking process. First I wanted to say thanks to Kang Gun [font=Times New Roman][font=Verdana]for starting this thread. I wanted to say I had a lot of interest in the first thread but really found myself working only with the JPY crosses or pairs. There for awhile I was doing quite well trading the set of mainly six, the E/J, G/J, U/J, N/J, A/J, C/J but what I was doing was looking to more...Ignored
QuoteDisliked24 hours ?? wow i don't know what is happened to you.. But here is the result of the trade that i took 24 hours ago.. than still open till now...
Jeff, please try to post the chart when you open all the trades .. Just try again, and please show us on the chart all the indicators too.. it will be good if you took the picture before and after you open the trades... just for analysis.
Thanks,
KG