I like this chart.
First: Entry.
Second: still running
First: Entry.
Second: still running
Looking on a naked chart, can you pick the best strategy? 32 replies
How do you see trading - Do you see it as a means to an end? 12 replies
Can you tell with naked eyes? 151 replies
Bow's trading journal 2 (almost naked trading on m5) 26 replies
Trading as naked as you can get 0 replies
DislikedI hope everyone is making pips. I am not hearing much from you guys, so I am takng no news as good news.
It is midweek now and we should be able to reasonably rely on PA direction for the rest of the week, and hopefully continuing.
I have 2 pairs: EURCAD and CADJPY that have multiple branches. Hopefully you guys have at least 1 or 2 pairs with several branches too, although they may not be the same as mine.
Remember that most of the probes we send out will get stopped, but that doesn't matter, as we are prepared for that. If one can't tolerate...Ignored
DislikedI haven't been very successful this week. 11 probes have hit SL (Some SL levels had been moved to BE), 4 are still alive, but all of them for a measly total of +80 pips. Not quite sure what I'm missing, I've been jumping in on most of the MT opportunities that are triggering during my normal trade time.
LG, which of your trades have produced a lot of pips this week? Any MT trades that triggered this week??
Overall my equity is down about 8% for my entries this week... definitely starting to seriously consider staying out of the market until...Ignored
DislikedRemember, though, that this is long term trading. If you took some profit last week you should be up overall, I would think. Did you read my post a page or two ago? I had 12 straight probes stopped out on me.
Since I am specifically working toward building "equity" to 25% by the end of the month, I am closing trades that I might not otherwise have closed.
So, my trades for the approx past week were closed this morning and my MT trades currently are as follows:
12 losing trades x 30 pips each = -360
2250 total pips - 360 pips = 1890 net...Ignored
DislikedRemember, though, that this is long term trading. If you took some profit last week you should be up overall, I would think. Did you read my post a page or two ago? I had 12 straight probes stopped out on me.
Since I am specifically working toward building "equity" to 25% by the end of the month, I am closing trades that I might not otherwise have closed.
So, my trades for the approx past week were closed this morning and my MT trades currently are as follows:
12 losing trades x 30 pips each = -360
2250 total pips - 360 pips = 1890 net...Ignored
DislikedHey CC, I'm with you on AUDNZD, and also added a branch to my NZDJPY. Eyeballing NZDUSD for a second branch...Ignored
DislikedHere is an example of a BO entry for a MT trade....hope everyone understands that, let me know if you don't.Ignored
DislikedHi LG
Do you use 1H BO strictly for MT entries? Or is RSI direction enough for entries in MT trades?
Thanks
VickyIgnored
DislikedHi LG
Do you use 1H BO strictly for MT entries? Or is RSI direction enough for entries in MT trades?
Thanks
VickyIgnored
DislikedHi, LG,
do you add the spread on your SL? = 30 pips + spread? or incl. spread?Ignored
DislikedHi, LG,
do you add the spread on your SL? = 30 pips + spread? or incl. spread?Ignored
DislikedNope, 1H BO is just additional confirmation. You will notice that they often appear in tandem if you are looking at that time of the day.
I'm pretty sure she does not. 30 pips of total loss for Money Management reasons, not 30 pips +spread.Ignored