Maybe this time it will work, last time it sprang back up on me and I closed it at 8 pips on the second half of the trade, the first half netted 46 pips so maybe this time I can ride it for awhile.
--NM
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DislikedHello,
I have started reading this interesting thread. Thanks for your contributions.
For NightMoves......can you please tell me what MAs are on your chart?
Thank youIgnored
DislikedI took a re-entry on the CADJPY earlier too, that is now headed the right way...Looks like the trend collapse is underway...
--NMIgnored
DislikedNM,
When you are trading a trend collapse are your TP rules any different? I got in this trade too based on a nice H4 BPC but got out right before the previous swing high resistance. I can't complain as it was worth almost 50 pips but that's about half the move.
Only trading single lots right now. I suppose a multiple lot, multiple TP would have been a more sophisticated way to manage this.
All of the advice here, and Hector's course, are starting to pay off. I wrote down my analysis of this trade, remembered to be patient and let the trade...Ignored
DislikedPD,
Here is what I am seeing on the GBPCAD pair on the 4 hour chart, it is right there...right where it needs to be...just need the confirmation now...I do not have that pair on my MT4 platform but I have it on my live account...so this pic came from my live account platform...
EDIT: that is the 1 hour TF ( trigger chart) not the 4 hour
--NMIgnored
Dislikedwhat an amazing trade that was on CAD/JPY , 150+ pips in few hours....
I wish it was my real account not the demo...
Thanks NM for this very interesting thread, I have been watching and learning for the last few months..
with regards to GBPCAD is looking very good too..waiting trigger point which is not far awayIgnored
Dislikedwhat an amazing trade that was on CAD/JPY , 150+ pips in few hours....
I wish it was my real account not the demo...
Thanks NM for this very interesting thread, I have been watching and learning for the last few months..
with regards to GBPCAD is looking very good too..waiting trigger point which is not far awayIgnored