But in your picture you put buy stop on 13th January (bearish candle).
Please explain about this scenario bro.. Most of them confused me too
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Disliked{quote} How bro.. I stopped out in this trade. I took on 10th January, because lower low of two candles then third candle on 10th January is bullish followed by higher low, so i put buy stop 3pips above high of the day, next day triggered my buy order. But in your picture you put buy stop on 13th January (bearish candle). Please explain about this scenario bro.. Most of them confused me tooIgnored
DislikedFrom my experience its better to give more room to the stop orders. If you place 5 pips away or even 10 you reduce your profit but It Will keep you out of a lot of bad tradesIgnored
Disliked{quote} Nzdusd only... Understand but as you mentioned in your rules i placed 3pips above my high of candle... Please share your experiencesaabout how you set up your orders...Ignored
Dislikedghbdr, Nice thread! Do you have a set way you manage your trades i.e. trail your stop etc? and what risk / reward do you aim for in order to take a trade, recent swing high / low as a tp?Ignored
DislikedHello ghbdr, congratulations on your system and thanks for sharing. This has similarities to the way I trade (I use more multi TF analysis and 1 TF smaller which is not necessarily better...). Looking at stochs after a retracement is always a good idea. I remember spudfyre's work - impressive, some of it stayed with me. Your v formation rules are very interesting (maybe better than looking for a close above/below the previous candle high/low for a buy/sell). I have 2 questions: - About the your first trades for this week (post 83), on the eurusd...Ignored
Disliked[ghbdr]{ghbdr} hello ghbdr, i am new to your thread, It looks interestingly profitable. Kindly review my AUDJPY & NZDJPY short entry planned for tomorrow if today's candle print bear candle to complete the 123 V shape. {image} {image}Ignored
Disliked3 questions. Once you place a limit order , how long do we keep that order there? Until it gets triggered? even if its 14 days later? also when is the best time to close a trade in profit? Where is the best place for SL? Thanks for sharing a truly awesome system.Ignored
Disliked[ghbdr]{ghbdr} hello ghbdr, i am new to your thread, It looks interestingly profitable. Kindly review my AUDJPY & NZDJPY short entry planned for tomorrow if today's candle print bear candle to complete the 123 V shape. Sell Rules: 1-Breakout & new LL 2-LH will be confirmed if both pairs print bear candle today. 3-Elasticity between stoches. {image} {image}Ignored
DislikedFor all of you starting with this style. Place your triggere stop orders 10 pips away. When you are familiar with the pair or instrument you can readapt your distances. Its good to check The weekly and daily Adr to project your stops, profits and trigger too. I dont have time now but I Will showIgnored
DislikedI've been trading Forex for 5 years. 2 years of blowing accounts like every newbie and the last 3 using my own system based on fractals, stoch elasticity hunting pullbacks on trend on D1 charts. Now I make a living out of it with a nice income and 50% growth monthly on average. Pictures talk by itselfs.Ignored
Disliked{quote} Ok you made 50% a month on average for 3 years? Let's say only 2 years, with a 2k balance you'd of been up 33 million right now. What makes you need to lie? {image}Ignored