DislikedSo you must be in and out of the market many times in a week, seeing that the market has been ranging.
Am i right?Ignored
i think he was not risking the whole box... hence multiple attempts are possible.
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DislikedSo you must be in and out of the market many times in a week, seeing that the market has been ranging.
Am i right?Ignored
DislikedSo you must be in and out of the market many times in a week, seeing that the market has been ranging.
Am i right?Ignored
Dislikedby 1 box stoploss, you mean 100% of the breakout box size I assume, and I agree with you completely and entirely, I'm just suggesting a way that could be beneficial regardless of market conditions. This may just very well be the way.Ignored
Dislikedno, I took the long trade and got out at break even. This is just my second trade for the week. At least on this system. My short was at 148.10.Ignored
DislikedGood for you.
Hope you recoup the losses with this sudden downswing.Ignored
DislikedGood for you.
Hope you recoup the losses with this sudden downswing.Ignored
Dislikedunfortunately I only risked 1.5% instead of 3% because of current market conditions, but profit is profit. With my luck it will turn around and stop me out. I am going to target tp4.Ignored
DislikedWhat broker are you with, according to my FXDD data, only TP1 was hit on GBPJPYIgnored
Dislikedno, I took the long trade and got out at break even. This is just my second trade for the week. At least on this system. My short was at 148.10.Ignored
DislikedHey, Wrenski, I heard you had some hot chicks over to check out the new tub last night . . .Ignored
DislikedI trade the 0-4 gmt candle, ibfx, I feel that its a more universal candle than what fxdd offers. More traders look at the gmt timeframe than look at fxdd charts. It also allows more input from the asian session on sundays. Its been more profitable the last two months and I backtested two years with this candle so I have confidence in it.Ignored
Disliked
One question . . . are you using a buffer of 20 pips on each side of the first 4H candle? If so, I'm confused how you hit TP3 with an entry at 148.08. The box (if you're using a 20-pip buffer), would have been about 83 pips, meaning you would need to get down to about 145.59 to hit TP3. The low, so far, is about 146.38, which is just about right at TP2.Ignored