M15 35/50, H1 10, RN, PPZ, Pivot
Closed:
1/2 -17
1/2 -16
what a f...k?
Closed:
1/2 -17
1/2 -16
what a f...k?
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DislikedM15 35/50 first touch, RN, Pivot, M5 PA
closed:
1/2 -16pips
1/2 -16pips
Damn! Failed. Enybody can say my why?Ignored
DislikedThe news was:
10:00am EUR
Italian Retail Sales m/m
0.4% actual
-0.1% forecast
-0.2% previous
and I thought " So what ? It will come back down... Who cares about the Italians.." Lets make a trade with 10X the usual lot and make a killing ... besides there is a huge void from 1,4211 to 1,4221 that must be filled...
So I went short at 1.4237 for a 10 pips loss and then short at 1.4255 for a 7 pips loss...
none of these trades was a legit choros trade. dont do stupid thing like me.Ignored
DislikedFriends, for first time, today i reached a milestone of +5000 pips! There were ups and big downs but once i understood touches my profit graph has been as steep as kostas. Pls pray and keep me the 'sync'. A big thank yo eclay and kostas! I am indebted for ever.Ignored
DislikedM15 35/50 first touch, RN, Pivot, M5 PA
closed:
1/2 -16pips
1/2 -16pips
Damn! Failed. Enybody can say my why?Ignored
DislikedWhen at the largest zoom the angle is about 15 degrees
2nd largest angle is about 30 degrees
3rd is about just under 40 degrees.
Manual says 20 degrees for 35/50 touch trades.... I am a bit confused. maybe I am measuring the angle wrongly...Ignored
DislikedI can't really give you an exact number because I use the M5 and M1 charts to put it at a safe spot. It is probably closer to 20 pips as an average but as I told you before, if I think that the trade is not good I will close manually before that.Ignored
DislikedBy the way, scale also depends on initial window size. If you open small window and set 150 pips the result will be different if you open big window and set same number.Ignored
DislikedBut how exactly do you determine in the middle of the trade if it is a good or bad one ? I suppose that if it moves quickly against you, you decide to close it before it hits the stop loss ? But if it moves slowly against you, or if your stop loss is behind a strong confluence, you may allow it to reach the stop loss ?Ignored
DislikedBy the way, scale also depends on initial window size. If you open small window and set 150 pips the result will be different if you open big window and set same number.Ignored
DislikedYou guys are forgetting the basics. Here it is for the 100th time:
WHEN 35/50 ARE NOT STEEP YOU CAN'T TRADE THEM WITH SAFETY.
Both in EU and GU, the 35/50 are flat so why are you surprised? Even the 10 should have been traded with a small SL in these cases (actually I was surprised that the 10 touch reached all the way to 1.4200).Ignored
DislikedMostly like that.
Some other parameters to consider:
1. Close to news?
2. Friday?
3. Steep MAs?
etc.Ignored