$400 locked in at asian open
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- Oct 9, 2014 10:02am Oct 9, 2014 10:02am
- | Joined Apr 2010 | Status: Member | 1,401 Posts
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DislikedHi JTee1 Do you make any use of your indicators? Yes and no, I use long term ichi more for targets and trend.
I ask because I see that your entries are mostly pure price action and sometimes your interpretation of fundamentals. And the entries are perfect do you wait for price to come back to perfect place after creating a brick or you are just quick or use pending orders? -Entries are almost alway stop orders and i wait for price to come to me. 95% stop orders unles i miss entry i will use a market order or limit order and catch if it retraces to missed entry
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DislikedSo let's look at situation as on the picture - price goes nicely up and retraces - you put buy stop on the top of the highest brick and wait how situation develops. May be even moving down the pending order if price continues down but not too far. {image}Ignored
DislikedThanks Actually I tried to use Traders Trick Entry trailing buy stop by candle tops. This time I was tricked. {image}Ignored