I usually target the prior high when I enter on retraces. But right now, I might only get 20-30 pips from 120.75. We'll see...
- | Joined Jan 2013 | Status: Member | 564 Posts
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Disliked{quote} Ha ha, hope so I've submitted for cleanup, and have "begun" my ignore list. Hopefully I won't end up with an ignore list a mile long...Ignored
Disliked{quote} I think you should leave it. Look at the time stamp. It marked the same 5 minute bar that was the turn point. I would kill for a signal that good.Ignored
DislikedI use EMA's,fibs,pivots and sometimes longer term S and R levels.....will have to have a look at the bolingers not too sure how they work but hey might be time to find out.... what do you use as your standard deviation?? do you leave it set at 2 and 100 period?Ignored
DislikedBenaiah, I just followed your entry as I thought you were right .At this time just want to know ,Can I wait for 121.25 ?or 121.08 is the last?Ignored
Disliked{quote} I'm waiting to see how the price reacts to current level it's trading at. Looks like it wants to find support. My TP is open ended right now, kind of watching to see how it unfolds...Ignored
Disliked{quote} Yes, I leave it at 2. I don't always use BB. But it helps sometimes to remind me when the price is trading at an extreme. If it it also lines up with S/R levels, then can be a pretty good indication of a reversal, especially on retrace of a strong trend...Ignored
DislikedAlright troops, entered on the retrace today, going to shoot for first target at the highs, will take a 3rd of my position off there and will trail the rest. Long UJ at 120.85 SL 120 TP1 121.80 {image}Ignored