DislikedHi Den Been reading this thread and find it very interesting, would love to follow your trades, but i am unable to log in, did you change the log in details? ThanksIgnored
mt4 position size and expected profit vs actual profit issue 6 replies
EA to "save" profit and move/lock it if profit goes higher. does it exist? 8 replies
Simple yet effective strategy (breakdown) 0 replies
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An effective stoploss strategy? 7 replies
DislikedHi Den Been reading this thread and find it very interesting, would love to follow your trades, but i am unable to log in, did you change the log in details? ThanksIgnored
DislikedI prefer to work through stop loss, so basically it depends on that only, i mean basically i keep increasing stop loss by 15, 15, 15 pips, so eventually the moment market turns around 15 pips, i will get my trade close, it's similar from start to finish, so basically i am accepting 15-20 dollars loss or nothing loss or at least 15 dollars profits, it's something i have started following recently with few indicators, so far going well.Ignored
DislikedYesterday was a bad minus with a stop loss. I expect USD / JPY fall to the support level of 105,836. Today, things are better. I used the NFP and earned the expectation that the price will rebound from the support level of the lower border of the trend. {image} {image}Ignored
Disliked{quote} Good evening Denforex, Looking at your trades, you held the eur/jpy trade for around 15 hours, in that same time eur/jpy moved down to 121.05 (24 pips down) as a lowest point, which seems to be more then what you take your losses for other trades at (Ie typically i see that you close losing trades for around 10 pip loss), how do you decide whether you are comfortable with letting a trade drawdown or to close the trade after it has moved a certain distance against you?Ignored
Disliked{quote} I orient by the market, in that time, when I decide to close the order now or wait for another. Yes, sometimes I lose profits because close positions ahead of time, sometimes I close the position at a time when the price is about to turn over. This is the Forex risk is great. Besides, as I said, in my account, there is funds of the investors. It has an emotional impact. I'm careful. On Friday, I had to close the deal for several reasons. It seemed to me that it is better not to be and I had to have time to close the order with high volume...Ignored
DislikedYesterday was a bad minus with a stop loss. I expect USD / JPY fall to the support level of 105,836. Today, things are better. I used the NFP and earned the expectation that the price will rebound from the support level of the lower border of the trend. {image} {image}Ignored