DislikedWhen do you move your stop to breakeven? When your R:R is 1:1 or what? Thanks.Ignored
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DislikedWhen do you move your stop to breakeven? When your R:R is 1:1 or what? Thanks.Ignored
DislikedNice indicator, i'm sure traders will find it useful, only thing is that it only showed formations for long entries. And I just want to remind traders that not all 1,2,3 candle formations are entries they must be with the trend, they must be retracements and bouncing off s/r.Ignored
DislikedThanks Nelson for the thread. I use similar method with some differences. In mine i watch out 4 previous 5 candles in a daily chart and open 2 similar positions in each trade. 1 with a sl similar as yours and tp same as sl. the 2nd have a sl bt no tp then i will kp modifying the sl as the trade progresses. The trade ends wnever it reaches a set sl.Ignored
DislikedGlad to see you following the thread. I personally prefer to either be all in or all out of a trade, keeps it simpler for me. I also have tried in the past opening two positions one at 1:1 and the other was allowed to run but what I found with this strategy and others was that exiting completely out of a trade at one time allowed me to be more profitable.Ignored
DislikedOk. But atimes trend last for days and when they do they mk a lot of pips. A single trade of that nature atimes can give you more than 10% of your yearly profitIgnored
DislikedI understand that trends last for days and that when they do they will make you plenty of pips but there is nothing that says that while you exited the first part of the trade at 1:1 and captured the rest with the second half of the trade that I am completely out of the trade I may have rode along just as long as you did but with my complete trade still in tact....Ignored
DislikedNice, very nice...patience...that's 4hs problem, you see the grass grow up.
Good trade to all.
Popeye.Ignored
DislikedSorry I wasn't able to respond sooner. Nice trade. Congratulations. I had my eye on that trade ever since it hit the bottom of the previous support turned resistance. I actually exited the trade at 1.57703 due to the fact that I was also in a few other trades especially the gbp/jpy which gave me over 12% profit. Over 25% profit this week off of several trades and 2 strategies. Are you still in that trade?Ignored