I stopped my EUR/JPY long grid (I have two other JPY-related grids and expect some Euro weakness) and my USD/CAD short grid. Will wait for a pullback.
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DislikedI think I understand...Please correct me if I'm wrong
If let's say your USD/JPY buy order is filled @ 83.4 and TP 83.65 is hit, you place another 83.4 buy order in addition to the existing orders on the way up (i.e. but 83.6, 83.8, etc)Ignored
QuoteDislikedIf that's the case, do you do some kind of automatic reload with some special conditional orders or EA ? Seems like of you do it manually, you have to stare at the screen to maximize price oscillations
Thanks much for sharing your ideas
Dislikedyou are doing very well! has it been up to your plans so far? have a nice weekend.Ignored
DislikedThanks. Yes, everything's fine so far. But I will reduce my manual entries a bit to let it be more "automated".Ignored
QuoteDislikedEspecially the USD/JPY is now at levels where one could scale in longs all the way down to 80.00 with an incredible risk/reward ratio. I expect to see that pair above 90 in a few months again.
Dislikedfrom your book i have drawn your UsdJpy grid orders and made a simple table as attached. seems grids are not necessarily at round numbers except for the five orders for 100 units with TP of 25 pips (painted green), which is in accordance with your earlier statement but at varied spacing. could you please explain how you decided to make these pending orders (with different units, TP, SL ...) to help us understand your method better?
many thanks in advance.Ignored
DislikedDue to make it easier for me, I'll use twitter to post my entries (if I find the time to do it): http://twitter.com/xaronfxIgnored