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- Goldmember replied Aug 12, 2011
Still no entry on 5 minute chart for short. Getting close to taking out the high and a re-assess
- Goldmember replied Aug 12, 2011
Price has been moving down on the daily. Now short timeframe momentum from daily high, waiting for pullback entry for short on 5 minute chart
- Goldmember replied Aug 11, 2011
Which actually means you're just trading random lines and don't actually need the pivots indis at all. You'd have better luck with actual price pivots and/or supply/demand areas. P.S. I didn't say stops always get hit, whatever gave anyone that idea?
- Goldmember replied Aug 10, 2011
I see - your talking targets, not actuals. OK
- Goldmember replied Aug 10, 2011
How you work that out? Let's say you risked 2% over 20 pips. Price goes onside 20 pips (at this point you're 2% up, assuming no costs) You close 1/2 (you bank 1%) The other half comes back and takes out your b/e stop (makes 0) Banked profit = 1% So ...
- Goldmember replied Aug 10, 2011
Yeah, that's cool. I know how that works. In that instance it means you risked 2% to make 1% (if closing 1/2 at 1:1). Profit is better than loss I know. Sorry, I don't mean to get into an argument so I'll leave it at that. Let's just say there are ...
- Goldmember replied Aug 10, 2011
LOL. Take a chill pill man you'll be getting high blood pressure I only asked and illustrated. An alert is a nice thing to have, means you don't have to sit glued to the screen. If it's not yours, cool, it's not a personal attack dude. Re-coding, ...
- Goldmember replied Aug 10, 2011
That's what happen s to breakeven stops - they get stopped out. What I tend to do is wait for the entry on a larger tf then go to a shorter tf to get in at a better price: Waiting for short on swissy now. Also, what I mentioned earlier - see the red ...
- Goldmember replied Aug 9, 2011
I am seeing a lot of trades that the freebie signal alert does not show - is there any reason for that? (filter IS set for false)
- Goldmember replied Aug 9, 2011
Just took this one. Got in a bit earlier based on the 15 min entry, then went to 5 min chart and got in at a bit better price. 1 hour signal then given. Now I wait image
- Goldmember replied Aug 5, 2011
The prior post I was referring to before and the one Dred answered, so I thought?
- Goldmember replied Aug 5, 2011
I thought he meant he was quitting for good? New trade entries on short TF NFP is crazy trading for retail. Stay out or get your behind beaten.
- Goldmember replied Aug 5, 2011
Why would you quite if you're doing so well? I was going to ask how you use discretion with Stochastic? How and why do you choose when and when not to take trade when not leaving 80/20 area?
- Goldmember replied Aug 4, 2011
OK, thanks. I know about overbought and oversold levels. It's not part of Dredding's rules though. On post one a lot of the entries are not coming out of overbought/oversold areas either but I'll keep it in mind. Thanks again.
- Goldmember replied Aug 4, 2011
Nice trade on GBPUSD. I took the earlier one and was stopped out (see sema dot before). What make you not take the earlier one? Thankyou
- Posts by Member Search: 'Goldmember'