and here's trade #1. bounce off from pivot,
M1
TP 21 , scardie cat. and that's 200% improvement from my TP10
SL swing low
M1
TP 21 , scardie cat. and that's 200% improvement from my TP10
SL swing low
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Dislikedsecond matrix very good also from Xaphod
http://www.forexfactory.com/showthre...=355716&page=9
why you not take short signal at yellow line?
.matrix all red at time but now repainted to only 3 reds
.red HH candle
.below yellow MA
.stochastic in good positionIgnored
DislikedYes, the second Matrix is from Xaphod
I didn't take the short because the pa resembled a bull flag to me, and there was no bear candle opened clear of the yellow ma. Having said that, I was watching closely and ready to close the long and reverse the trade if the next candle had have opened clear of the yellow ma.Ignored
Dislikedok thanks for explanation; Price Action/Analysis always part of trader's discretionIgnored
DislikedNot just that, its always been part of his rules he doesn't take the trade if it doesn't open clear of the MA.Ignored
Dislikedok my mistake then; i thought signal candle only needed to close below MA, not open also below;
and what is "clear": 1 pip 2 pips 3 pips 4 pips.....?Ignored
DislikedHis heiken ashi mustn't be touching the ma I think thats what he looks for.Ignored
DislikedHis heiken ashi mustn't be touching the ma I think thats what he looks for.Ignored
Dislikedwhen rj took long trade the signal hh candel was not clear of the MA too... so why rj take 1 trade and not the other?Ignored
Disliked
Edit: I should mention that the entries are not on the red vertical line, but on the next candle. I did it that way because it's impossible to see the wicks on the candles once the red line is thereIgnored
DislikedHi Olivia - very impresssive trades this morning, can you tell me how you make the decision to stay in a trade i.e. the short trade this morning, when it went sideways for some time - what made you stay in the trade? and are your targets always the ATR projections.Ignored
DislikedCould you tell me how do you select SL and TP ( if that depends what is maximum, minimum level ). How do you choose, especially SL.Ignored