Your trade size is 0.03 regardless of the SL, correct?
Are you doing account size percentages or is your SL always set?
4% A Day Forever 1,432 replies
an EA that worked forever 29 replies
Forever Demo Account 9 replies
Dislikedhi
thank you for wishing me good luck
i am not doing something strange by entering EU long , if you look at it well u will see i am doing the same thing as taking for example daily , 4 h , 15 min . but i am using monthly , weekly , daily and everything is proportional i mean the take profit and stop loss . it can be 50 pip on lower time frame and can be 150 and above for daily And a good MM .
it might be a losing position but i took it following the rules for high time frame . if it lose this is forex .
have a nice dayIgnored
DislikedHi Everyone,
This is a trade that I have just entered around 10.46am GMT today.
After having been away for a few weeks I see that there are a number of different variations to our original system being used.
It will be too confusing to explain my trade logic given how many differing trade methods are currently being discussed.
Hope you are all well and look forward to getting back into things full time.
Cheers, 4x.
EUR/CHF SELL @ 1.5115 ([email protected] and TP @ 1.5060).
R/R is 1:1.25 and I will be using 1% of account equity for this trade.Ignored
DislikedHi Everyone,
This is a trade that I have just entered around 10.46am GMT today.
After having been away for a few weeks I see that there are a number of different variations to our original system being used.
It will be too confusing to explain my trade logic given how many differing trade methods are currently being discussed.
Hope you are all well and look forward to getting back into things full time.
Cheers, 4x.
EUR/CHF SELL @ 1.5115 ([email protected] and TP @ 1.5060).
R/R is 1:1.25 and I will be using 1% of account equity for this trade.Ignored
DislikedI am short the GBPUSD from 1.6322.
Points for this trade:
- CS trendline break and CS trendline bounce (1 & 2)
- kumo exit
- CS crosses price span down
- Ts exits cloud
- Daily trend is down including strong bounce from the resistance line at 1.67 on Daily chart
Points against this trade:
- 4hr trend is neutral
- lots of 4hr and 1hr resistance zones below (negated by the trendline break, which many traders look at)
- 1hr kumo future is bullish and flat suggesting price may retrace
Neutral:
-Ts/Ks cross in the 1hr kumo
I will keep...Ignored
DislikedSound logic SM!
I am liking the G/U trade as well. Will be looking to enter on the close of the current 1hr candle outside the kumo.
How have your trades been going lately?
Cheers.
EDITED - just entered
SOLD G/U @ 1.6314 (SL@ 1.6428 TP target is 1.6200). Will move SL with 1hr kumo top. R:R ratio is 1:1. Account equity at risk on this trade 0.5%Ignored
DislikedUPDATE
SOLD G/U @ 1.6314 (SL@ 1.6472 TP target is 1.6200). Will move SL with 1hr kumo top.
1307GMT
SL moved to 1.6368.Ignored
DislikedUPDATE
SOLD G/U @ 1.6314 (SL@ 1.6472 TP target is 1.6200). Will move SL with 1hr kumo top.
1307GMT
SL moved to 1.6368.Ignored
DislikedThat's weird. On MT4, the candle hasn't even closed outside of the kumo yet whereas your chart shows it outside.
But yes otherwise.Ignored
DislikedSo, what do you reckon?
Looks like a fairly strong support line but most of that move was news related.
In theory, we could have waited until a close past the recent low but that misses out on a lot of pips and would have been a poor R:R place to enter.
GJ is in a similar position approaching the 1hr Ks.
Edit: I've been stopped out now as well.Ignored
DislikedThought I would post this for you to evaluate, I would not believe everything I see. Maybe put it on your demo and see if it is any good. The coder is a genius but where money is concerned....lol
Cheers!
Mike
Please use this as an educational tool and not a crutch.Ignored
DislikedHi Kevin,
I am looking at this trade as well. Using the standard ichi settings I will need to wait for the next candle to close above however it has the makings of a great trade.
EDITED - I just zoomed in and the latest candle provided it remains bullish will close above the kumo so I will enter on the new candle in 16mins.
EDIT 2 - current candle is can no longer close outside kumo. Will watch from the sidelines at the moment.
Glad you have joined the thread by the way. I have been away on business for a few weeks but have caught up on your...Ignored