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- 88 Results (87 Replies , 1 Comment )
- MasterNed replied Jan 28, 2021
NZDUSD manually closed few pips before TP
- MasterNed replied Jan 28, 2021
GBPCHF and EURAUD reached TP. NZDUSD still on the way... I may close it earlier.
- MasterNed replied Jan 28, 2021
Here are my trades today. Still in progress... NZD USD
- MasterNed replied Jan 28, 2021
Very interesting approach, much like my own. I will keep reading your posts. Keep up the good work. Cheers.
- MasterNed replied Oct 22, 2019
I know that it is not easy, but you can do it. I had to change my business e-mails several times. Once you do that, DON'T GIVE IT TO ANY PRIVATE PERSON. EVER. Open up some other e-mail for friends and the third one for forums and internet. That way, ...
- MasterNed replied Sep 18, 2019
Closed all trades at BE. Too close to news for significant move. It turns out that I was right in the first place... no follow up.
- MasterNed replied Sep 18, 2019
I did. Ha, ha! It seems that today will be the exception to what I wrote several posts ago. I took several trades but with smaller lot size as a precaution. We shall see how it goes. I will close all of them at least 1 hour before the ...
- MasterNed replied Sep 18, 2019
I didn't take that trade. The signal is way up, much closer to the upper band than I would like it to be. Your SL is some 100 pips away while your TP1 (already outside the bands) is only 67 pips or so. Bad R:R ratio. Not to mention that TP2 is way ...
- MasterNed replied Sep 18, 2019
This seems like a legitimate trade. However, BTM has told you (and us) that he didn't trade AUNZD, EURGBP and CHF pairs. He has a reason for that. Probably , during testing he noticed that this system doesn't perform as well on those pairs due to ...
- MasterNed replied Sep 13, 2019
Great job!
- MasterNed replied Sep 13, 2019
You are right. R:R is not good. DrDave explained to you in detail what to look for. You should also check out TIPS for the reminder. The most important thing is: are you OK to lose the amount of money you are risking in particular trade? If not, ...
- MasterNed replied Sep 12, 2019
I would stay out of this, if I were you. Price is much closer to the upper band than lower, you are entering at TP1, so you are left only with TP 2 while your SL is way bigger. Not good R:R ratio. Besides, price already hit that area twice and ...
- MasterNed replied Sep 12, 2019
I read it several times and I tested it under various circumstances. I call it repainting due to the lack of the proper word. I know that both bands can't change from going down to going up in one 4h period. It is all clear to me. The bands are ...
- MasterNed replied Sep 12, 2019
Don't beat yourself up. It wasn't your fault. This was a typical Market Maker's manipulation, very often prior to important news. They show a setup and hold it there. Then, they suddenly move the price opposite of the projected direction to pick up ...
- MasterNed replied Sep 12, 2019
OK. I see. I came some half an hour later, the lower band has already been flattening. So, I didn't take the trade. Never mind. It is just one losing trade. No big deal. That is the price we have to pay for using a repainting indicator... it will ...
- MasterNed replied Sep 12, 2019
What are you talking about?!? The previous signal or the last one? If you are referring to the previous signal that happened yesterday, then it is a misunderstanding. However if you are talking about the today's setup then you need to have your eyes ...
- MasterNed replied Sep 12, 2019
Even if you are right, he had no business going hard on one position. You allocate predefined portion of your account (0.5, 1, 2, 5%) so you don't blow your account on one trade. One trade is... well, just that - one trade. It should not make you or ...
- MasterNed replied Sep 12, 2019
Yes, I can see that, but still, the bands were not pointing to the same direction... at least, not on my charts.