Man, i so hate it that i can't post here when you guys do it, like 6-7 hours ago.
Anyway , caught an EA and GA long today.
Will return with pictures
Anyway , caught an EA and GA long today.
Will return with pictures
Trading Made Simple the right way, and other trading lessons 333 replies
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Trading Made Simple system follower - Thanks to eelfranz 9 replies
Disliked{quote} Greenb, Thank you! The #1 best thing about motorcycles is: Your trying so hard to stay on the road & not crash that it clears your mind... If you run through a tank of gas (by the end of the tank) your mind is totality free of all thoughts. Whenever I have a bad day in the markets the first thing I do is take a ride for 100 miles & when I come back I have a whole new attitude about life in general. It clears your mind! But fishing works also. I understand exactly what your saying... Traders have to find that #1 thing that clears their...Ignored
DislikedHello everyone, iv just been stopped out of my trade on my Live account but don't understand why. I bought eur/nzd at 1.58714, set my stop loss at 1.58214, trailing stop at 250 points and take profit at 1.59714 got stopped out at 1.58839 (12.5 pips profit) which i don't understand as my trailing stop shouldn't have kicked in until 1.58964 and price went on up to 1.59287 which has cost me 45 more pips of profit. can anyone help? thanks paddy {image}Ignored
Disliked2 trades today, AU and GU both at BE+some. depending on how its moving, i may close it in 22 mins (my new 4h candle) both entered at LO+2 Shoutout to Lorbax and Sesamstrasse who took the same trade ;p {image}Ignored
Disliked2 trades today, AU and GU both at BE+some. depending on how its moving, i may close it in 22 mins (my new 4h candle) both entered at LO+2 Shoutout to Lorbax and Sesamstrasse who took the same trade ;p {image}Ignored
Disliked{quote} you are very lucky sir, its winter here, -2c this morning which isnt that cold as winter goes. i'm driving and my car have 84l tank. it will be very long time before it emptied out, specially on highway hahaha but i do plan to get myself a bike next summer. thinking of ducatti monster {image}Ignored
Disliked{quote} Yes, got triggered + 20 out on my AU trade .... expected 50 pips , but I wasnīt on my notebook when it reversed .. The week is still not over . Normally I get 5-10 trades a week H4 , so the chance is there get into a good signal . Green pips to you GuidoIgnored
Disliked{quote} we all learn every day, and of course we do mistakes ( bad entries ) .. but the best way to get confidence in any system is the trade simulator. I learned quickly ; 1. if the entry isnīt good.. wait for another setup 2. how to manage open trades 3. Most reached exits / when to trigger to BE ( what is my style ) / may be not to trigger to BE , whatever fits to your style . 4 . what timeframe fits to you ( I canīt trade the H1 in the TMS successful , but h4 works fine ) 5. stick to the rules.. that way you ll see success .............. and...Ignored
Disliked{quote} you made a decimal mistake 1.58214 +250 = 1.58464 if you want it to be 1.59714, you should have put 2500 points GreenbIgnored
Disliked{quote} Thank you for the reply, but I'm still confused. 1.58214 was my stop loss, my price I bought at was 1.58714 so I had a 50 pip stoploss Where did I go wrong with the trailing stop as I wanted it to follow price up every time it moved 25 pips once it had gone into profit? Thanks for the helpIgnored
Disliked{quote} my bad, wasn't reading your question correctly. it seems like price did hit 1.58960 which is your trail trigger. it then continue to move up and hit 1.59080 which means at this time you have 12 pips locked using trail stop. and then pullback happens and price dropped to 1.58830 which is your stop loss at that time due to the trail stop you have on. bang trailstop prevents you from losing more than 25 pips potential and your stopped out. Trailing stop doesn't means it shift stop loss at every how many pips you want it to. it simply mean that...Ignored
Disliked{quote} Thank you very much, I greatly appreciate you taking the time to explain and now it makes sense. Cant believe a silly mistake has cost me a further 46 pips profit. That could of been a very good trade. At least I got out with profit still.Ignored
Disliked{quote} Thank you for the reply, but I'm still confused. 1.58214 was my stop loss, my price I bought at was 1.58714 so I had a 50 pip stoploss Where did I go wrong with the trailing stop as I wanted it to follow price up every time it moved 25 pips once it had gone into profit? Thanks for the helpIgnored