double bottom, key support 1.368
edit: bounce from 1.365
edit: bounce from 1.365
Close Price VS Median Price (or other price types) 33 replies
House price data price action 1 reply
Why closing price is not the same as opening price? 1 reply
Dislikedwell i but up a quiz just before your post about this setup..
but the advise i would give you about sl is this..
if your going to trade scared or scared money, then don't trade at all.. so you figure the depth now!Ignored
Dislikedexcellent, short and sweet.. thanks for the participation.
but.. what the hell do i know.. lol.. bastard broke down for 30+.
the point is, odds of probabilities.. most times it will not run like this.. is about building your house on the rocks and not the sand.Ignored
Dislikedi know what you mean about scared, i set ts to be+2 pips got stopped out and then missed the move down... still working on my confidence, day to day improving thanks to your excellent guidance.
i dont really understand your recomendation, you mean that i shouldnt be using a hard sl? or just that if doesnt fit to the setup dont enter?Ignored
Dislikedok.. what i mean is this...
a tight sl means nothing but lack of confidence.. a solid trader who manages his money and his trade correctly will all ways put his sl away from the heat.. on our case in here sl goes beyond the last high or low..
but now.. before anything else we got to validate the setup.. once you do that as if your going to enter or not, then play the sl accordingly, if the sl is over 30 then look at the setup again.. revalue it ( is it striking enough, does it have all the elements.. does my daily MM allows it and etc,).. so instead...Ignored
DislikedThats an excellent guidance, thanks a lot for your advice. im trying to put everithing you say into practiceIgnored
Dislikedjust closed smbt gbpusd +14.3 at the last low, my stop was at the last high with around the same risk reward as my tp, someone else took it ?
hapipipinIgnored
Dislikedur most welcome brother.
klaxon.. that is excellent..
that is the way to bounce and shake off the eu loss.. atta way..
folks,
losses are just part of this game.. shake it and move on like a force, just like our buddy Klaxon did right there.. excellent work.
alright i gotta run.. i most likely will see you all tomorrow.. make a killing.
Cheers,Ignored
DislikedYep....same trade same +14pip result.....nice job Klaxon and thanks for the instruction PD.Ignored
Dislikedwow that s good to see you DT ambush a good trade like this
hapipipinIgnored
DislikedAfter watching and patiently waited, I took this GU SMBT trade for +13.3 pips
Clap clapIgnored
DislikedCongrats!!! i missed it, just added the GBP to my list (eu, au, gu) trying to improve step by step every day...Ignored
DislikedFolks, I have followed this thread/system from day one learning something each day from PD. While no system is 100% accurate, I find that the days where my performance is dismal are those days where I tried to cherry pick entries spending much of my time as a spectator. Like I did today going 2-0 for +23pips.....ridicilous given the movement today. PD's post #2111 is eye opening. Here is an excerpt from that post:
Now I don’t know if this was your only trade or you took the other ones too or you did not trade at all and just pointing...Ignored