This is clever & most flexible risk management at advanced level trading!
Congrats!
FXcube
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Disliked{quote} Hi Davit! This is clever & most flexible risk management at advanced level trading! Congrats! FXcubeIgnored
Dislikedclosed my G/CAD at 8428 trades 4 positions +220pips Edit Closed AU longs at BE don't like that it can't break 9325-30Ignored
DislikedHi Davit! First I want to say thanks for the system and for all the help. I'm trading following your system and you post a pic and I don't know why you did that. {quote} Why you don't open sell positions two hours? I think is a good set up for sell. Looks like you knew the nexts bars. What was my mistake? Sorry for my english. Have a nice day. {image}Ignored
Disliked{quote} Chart was just to show where trade was taken and closed(look at dotted lines).Not for new positions.Sorry for confusion RegardsIgnored
Disliked{quote} I think you don't understand my question. I hope this pic solve: {image} Why you did't open sell position two hours before? (At bar surrounded). Thanks.Ignored
Disliked{quote} Thank you Cube Green pips Short AN 2x 1.1033 Classic Double top look left {image}Ignored
DislikedDear Davit, Thank you for a very nice chart system. But I'm wondering on what is your setting for the period of your William's Percentage Range?Ignored
Disliked{quote} Thanks for all the examples Your thought process is becoming very clear. Would you mind sharing some of your MM views when you have time. Like how much % are you willing to risk on a pair For example : Risk per pair in % What the biggest mental SL you use or do you vary your positions on the pair and its range? Ho do you prefer to split your trade positions i.e 4 X 0.5% per open position? Thank you for sharing your experience RooiIgnored
Disliked{quote} This is huge subject and can't cover right now in this post. Suffice to say I have trading plan which deals with 1.Position size 2.Stop Loss 3.Number of trades per pair 4.Profit targets Best I can say is SL is budget based not pips. Example you want to buy EU and willing to risk $400 Single lot $1 gives 1pip=400pips 1/50 standard mini account Davide that in 2=800pips Your SL now is 800pips Its up to you how you want to allocate 800pips You could add 8 .5 orders or 4 or 2 Once 800pip is reached trade is taken as loss no second guessing no...Ignored