Hi Meihk -stop was above previous candle - 1.4468 (30 pips) - perhaps should have put it above last swing ie..1.4480 ish (around 40-50)?
thanks!
thanks!
Trading Made Simple the right way, and other trading lessons 333 replies
Monitor for 'Trading Made Simple' system 563 replies
Indicators for the 'Trading Made Simple' system 343 replies
MTF Indicators for the 'Trading Made Simple' system 241 replies
Trading Made Simple system follower - Thanks to eelfranz 9 replies
DislikedHi all Am a newbie to this method - really enjoying thread and help has been great. I took a trade this morning on GBP/USD (see attached for screenshot as not sure how to embed within post itself). It failed (I know I need to expect fails - not all trades work out ok) but wondered if there was anything I had obviously done on this that was wrong: 1. 1 hour timeframe 2. HA candle under the 5 EMA 3. TDI crossed down sharply and at 4-6 O'clock (it wasn't in the upper zone of the indocator region - is this an issue?) 4. Stoch was pointing down 5. No...Ignored
DislikedLast week I started building positions in GBPCAD. Yesterday we got to full 2% Risk. However the trade is looking bad and I'm tempted to close. Best, {image}Ignored
DislikedHi Meihk -stop was above previous candle - 1.4468 (30 pips) - perhaps should have put it above last swing ie..1.4480 ish (around 40-50)? thanks!Ignored
Disliked{quote} Hi tiboxwh, Where are your entries, are you using ME/ME approach? Kind Regards,Ignored
Disliked{quote} Hi tiboxwh, Where are your entries, are you using ME/ME approach? Kind Regards,Ignored
Disliked{quote} Indeed, ME: 6/01 549604760 13:33:18 CAD Buy 2000 2.06456 0 GBP/CAD 7/01 549691180 00:52:10 CAD Buy 2000 2.05957 0 GBP/CAD 7/01 549779548 17:27:03 CAD Buy 3000 2.05117 0 GBP/CAD 12/01 550307086 16:45:41 CAD Buy 5000 2.04594 0 GBP/CAD Average price = 2.052623 We are breaking the 10EMA on the W1 to the downside right now that held up yesterday. S/L is getting closeIgnored
DislikedMy SL is below 2.04 underneath the swing low. Also the 2 weeks low it bounced off the 10EMA on the W1 again today and now pushing up somewhat. Back in green for now Best,Ignored
DislikedEA early entry early exit lol, 50 pips too , gotta correct that next time GJ LO set the high of the day, short entry for 50 pips {image} {image}Ignored
DislikedHi all Am a newbie to this method - really enjoying thread and help has been great. I took a trade this morning on GBP/USD (see attached for screenshot as not sure how to embed within post itself). It failed (I know I need to expect fails - not all trades work out ok) but wondered if there was anything I had obviously done on this that was wrong: 1. 1 hour timeframe 2. HA candle under the 5 EMA 3. TDI crossed down sharply and at 4-6 O'clock (it wasn't in the upper zone of the indocator region - is this an issue?) 4. Stoch was pointing down 5. No...Ignored
DislikedEA early entry early exit lol, 50 pips too , gotta correct that next time GJ LO set the high of the day, short entry for 50 pips {image} {image}Ignored