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- JensG replied May 19, 2023
This is a nice example you have picked out. A bit extreme and generally more typical for far-advanced market cycles, but I don't have GBP/JPY on my screen. Note that this is not an exact science. Often it is amazingly accurate, sometimes rather ...
- JensG replied May 17, 2023
Example number 4 image It is the inconspicuous things that are sometimes so valuable. What I would like to explain here: sentiment reading repetition tendency of the market early vs. late entry (again) why I use stop orders and don't manually ...
- JensG replied May 6, 2023
Let's explain a few examples. Example 1) image We see a downward channel in which I traded the second and third leg before coming to the fourth bet, which I will explain here. In the circled area (1) I lost a bet (which was bet number 3) and got ...
- JensG replied May 6, 2023
As a likely minimum target, I consider a possible reversal point, which I do not necessarily see as the actual target of the bet, but which is at least an intermediate target with a higher probability. I call it likely because the price has a higher ...
- JensG replied Feb 28, 2023
I kinda like this losing bet (on GBP/USD today). Well, granted, I do not *really* like it, but it is a good example that meets my criteria for a losing position that is worth explaining and shows my thinking and decision-making process. image The ...
- JensG replied Feb 12, 2023
I generally do not use take profits. The whole idea of tying the end of a trade to certain price ranges is almost always foreign to me. I just tighten my stop loss. First from the fixed -10 pip, then into a range that avoids having to go out with a ...
- JensG replied Jan 29, 2023
Perhaps I should have formulated/explained that better. The price level that I call resistance here was used 2 times as a support, on the third test as support it did not hold and the price broke through and dropped. On the 4th test, it was a clear ...
- JensG replied Nov 1, 2021
What you actually want to know is how high your spread will be, because this determines whether bets on small market movements are worthwhile. So the question is first of all for yourself, how high are your smaller profits and also the losses, ...
- JensG replied Feb 5, 2021
I'll start by using your pictures to point out a few things that I look out for during trading. Let's take your chart from post #56. image I don't know where the arrows are coming from, but in principle, they are pretty close to it. These seem to ...
- JensG replied May 18, 2015
I'm testing it on a demo right now. I just started that MT4 instance and sadly the pricing was not correct. It updates if I change/re-save the indicator settings. Beside that problem (I guess/hope its easy to fix), would it be possible to add some ...
- Posts by Member Search: 'JensG'