Disliked{quote} looks good!. may i know what is your stoploss management for this position? And your take profit? I was thinking of riding this down to R38 first then close half position.Ignored
Jakepuia
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Disliked{quote} looks good!. may i know what is your stoploss management for this position? And your take profit? I was thinking of riding this down to R38 first then close half position.Ignored
Disliked{quote} Price is near the weekly pivot and that means it has no direction, so i will not take any trade on this pair at this timeIgnored
DislikedUSD/CAD Army set for R61 Will add. watching PA, IF SPIKE OCCURS will add at R78 Area . Green pips to all. {image}Ignored
DislikedUSD/CAD Army set for R61 Will add. watching PA, IF SPIKE OCCURS will add at R78 Area . Green pips to all. {image}Ignored
DislikedPaperclip has 93 files. Which pdf would be recommend for fast tracking this method. Any advice plsIgnored
Disliked{quote} It's a common practice to read the first 20-50 pages of any system to better understand how it works.Ignored
Disliked{quote} you actually had quite big a drawdown before the trades turned into positives. Would you mind telling how do you manage that? I'm still new to this. It seems like you didnt average down like how davit did. Did you have any contingency plan if price broke through wr38? And it actually did. From what i have learnt so far from this thread, put your stoploss at the next s/r and if it failed, it's usually bad. Is that the case? Because if you looked at it correctly, your drawdown is relatively larger compared to your take profits. Thanks!Ignored
Disliked{quote} I do not have a set s/l per say I use a 3% of my account as a max dd which was not hit came to 2%. Closed the trades when they hit a profit could have waited as it looks as it may go lower but was happy to get out of the trade. I think it will go to S61 but was happy with a 100 pips. I do close part of losing trades from time to time so as not to take a full 3% hit on my account. I would normally have added more positions on Friday but I was away. Hope this answers your questions.Ignored
Disliked{quote} yes i fully understand that. But what i was asking is how did you divide the trades? Say in this example, did you enter 1% first for the first position with a fixed stoploss? You cannot determine percentage if you don't set a stoploss. I was wondering where did you put your HARD stoploss. In this example, i assumed you use wr38 as your stoploss? You reentered a second posiiton later on and price went all the way against you. What lotsize /percentage was the second position? Or you are simply using a fixed lot size, say 0.10 for every 100pips?...Ignored
DislikedHello Traders, Sorry when I post the wrong template. Still I have the question why my Angleator doesn't work. Maybe someone can help me. {image}Ignored
DislikedHello Traders, Sry when i post the wrong template. Still i have the question why my Angleator doesnt work. Maybe someone can help me. {image}Ignored