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- Mermain replied May 5, 2020
I agree with you, I'm just testing different type of risk management. For the moment the tight stop loss works great for me since early march with a total of profit around 20% risking 3% per trade. It allows me a decent risk reward ratio. My risk ...
- Mermain replied May 5, 2020
Yes that was the stop loss before the spike that took it.
- Mermain replied May 5, 2020
Well sometimes the market don't want you to make profit with stop hunting.
- Mermain replied May 1, 2020
I closed my long position on this one, big move and I'm happy with the profit with RR 3:1. Have a nice day!
- Mermain replied Apr 21, 2020
I closed my position at the break of the trend line. If downtrend continue, that's without me, I will wait for a new trend. Be careful everyone!
- Mermain replied Mar 31, 2020
Yes, that's what I did, I also entered wave one but a bit late.
- Mermain replied Mar 31, 2020
I took one trade at the break-out, now there is a pullback at the trendline
- Mermain replied Mar 25, 2020
Hey there, I'm new to this strategy and I can't figure out how to display the SMA on the 5m chart on tradingview. Do you use the same file attached in the thread on both chart 5m and h1, or you're using a different setting for the 5m?
- Mermain replied Feb 3, 2020
stop out on eurgbp
- Mermain replied Jan 28, 2020
I found the same setup for sp500 but for the AUS200 when i look at the weekly chart I found a regular divergence and no space between stoch so it might be risky, correct me if I'm wrong.
- Mermain replied Jan 23, 2020
Wow awesome work ghbdr! Thank you for all of your explanations. The way you're using stochastic is very interesting and add more confidence when opening a position. I will test it out, thanks again!
- Mermain replied Oct 11, 2018
Yes there is something out there which has caused all this moves. I'm not a fundamental trader but you just have to type US central bank taxation on google to understand what happend. Look at that screenshot, it makes my daily profit so small ...
- Mermain replied Oct 11, 2018
I use 10 pip range bar for the dow jones and it works great for me. Last week I was using 5 pip because the market was slow moving. You have to fasten your seatbelt when trading it but it's a very fun index to trade with a lot of potential ...
- Mermain replied Oct 11, 2018
Hello, I didn't posted reply last week because I was sick and didn't trade. Back to the topic, I feel like I'm starting to master this strategy. Depends of the BO and volume I use 10 or 15 pips SL and that's enough for me. Today was a good day, the ...
- Mermain replied Sep 28, 2018
It's 0,69. I guess my MT4 is a 5 digit broker, so I have to divide by 100 for index and 10 for forex.
- Mermain replied Sep 27, 2018
That's very interesting thank you, I will try it out. Patje, I agree with you. For the moment I use also an aggressive BE at 10.
- Mermain replied Sep 27, 2018
Today's session on Dow Jones I started with a 20 pip SL but the R:R was not so good, so I changed to 10 pip SL, the R:R increase to 3 and things got better. If you have any advices or commentaries about my entries, I will be really happy to read it.
- Mermain replied Sep 27, 2018
Morning trades on dax +12
- Mermain replied Sep 26, 2018
Thank you Turnip, Ichikuse and RaiderT, I wanted to be sure that even in a ranging market the cloud matters. I would not have taken the last setup you drawn ichikuse because of the strong support just below it, it would have been a risky trade and ...
- Mermain replied Sep 26, 2018
Hello everyone, I'm starting to trade this system. I was wondering if this setup is a valid breakout? It's a loosing trade but I would like to know your opinion. Dax: Range, bounce on support + BO trend line, AO cross