SL touched on GBP/USD : -100 pips
SL touched on EUR/JPY : 310 -100 = 210 pips
EUR/JPY bought at 99.86
SL touched on EUR/JPY : 310 -100 = 210 pips
EUR/JPY bought at 99.86
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DislikedI would like somebody to shed some light on a question I have, if somebody could help.
Its about entry rules when the initial entry after a trend change was missed.
http://shrani.si/t/R/ml/1D0rljuB/1.jpg
The 1st entry after the trend change was missed - what now?
Do I enter at the next touch of the candle which is 40 pips below the 1st entry?
Or do I wait for the next touch 110 pips below?
And when do I enter, at the touch or 100 pips below the touch since this will be "my...Ignored
Disliked....Another suggestion I have is not to reenter (2nd, 3rd, 4th... entry) the trade at the initial touch of the candle, but when the first candle crosses back over the EMA in the direction of the trend.
This way, we dont lose the 100 pips in a situation, where the candle crossing the EMA also triggers the SL. Besides, if we wait for the cross back, this means the EMA went a bit more against the trend and therefore reenter from a better position - few more pips.Ignored
DislikedIf i have missed the first entry, i would entry at the second, when the price touch EMA 50. It would be 40 pips below the 1st entry in your example.Ignored
DislikedHi Zebulon,
Sorry, I am a newbie here and reading this thread with great interest. Please don't get me wrong when I ask you to explain, why you would make an entry while the gap is just 40 pips, well below 80 pips. In the previous thread the rule says at least 80 pips should be the distance/gap between the 1st. entry and the next EMA50 touch when an order can be placed. Shouldn't we strictly follow this rule even if the 1st. entry is missed? Please correct me if I am wrong. Thanks!
PeepCzarIgnored
DislikedI was answering when i would enter if i had missed the first short entry. After that the price went north and touch the EMA50 40 pips above the first entry...Ignored
DislikedRuten
I have a question, as I watch your trade explorer, why you close all trades?
I mean Eur/usd and Eur/jpy.
Only curious.
Because of news?
RegardsIgnored
DislikedHow long should I demo trade with it before starting with real money??Ignored