DislikedUJ:
Just entered long trade. No TPs set. Intend to monitor while at computer. I expect it to be a small tradeIgnored
Starting to see instead of just looking.
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DislikedUJ:
Just entered long trade. No TPs set. Intend to monitor while at computer. I expect it to be a small tradeIgnored
DislikedGreat, DP. Let me know when your wife says it is time to exit!Ignored
Dislikedi am in this one too TAH! from 90.16
do you expect that 90.47 to be end of the line here?Ignored
DislikedShe say...90.51 ..would be a good exit, but in the same time she doesn't like to stay in one trade for more then 20 pips;
you know...''20 pips a day keep the debt away!''Ignored
DislikedThere is something to beware of in that philosophy, and I am sure TAH & Basber will mention it but, It also cuts your winners short and makes you lose more in the long run. We have to cut the losers short and let the runners run.Ignored
DislikedI read sometime back about a system professional traders supposedly used that better helped them time their average 12 pip trades. Yep, 12 pips. The material was very clear in professing that many professional traders look to make about 12 pips on key moves, multiple times a day.
If DP's wife trades for no more than 20 pips, her method may not be all that crazy......get in, make the money, and get out. Wait for the next ride.Ignored
DislikedI read sometime back about a system professional traders supposedly used that better helped them time their average 12 pip trades. Yep, 12 pips. The material was very clear in professing that many professional traders look to make about 12 pips on key moves, multiple times a day.
If DP's wife trades for no more than 20 pips, her method may not be all that crazy......get in, make the money, and get out. Wait for the next ride.Ignored
DislikedClosed UJ for BE+
Too late in the London session and I got in too late.
This will serve to remind me to not hesitate when I see an entry as indeed TAH did not hesitate to enter.
He saw the trade and took it, probably even without looking for further confirmation on higher TF.Ignored
DislikedYeah, me too a bit later than TAH though. Mainly because of the Bullish engulfing Outside bar on H1 & the sonic wave, of course.Ignored
DislikedHi RM,
You entered late on this trade. The advantage of sonicR is to pick trades earlier than higher TFs. If you see a good wave, just get in the trade. don't wait for confirmation on higher TF, except it's a very important and strong signal on higher TFs ...
Regards,
BasberIgnored
DislikedI read sometime back about a system professional traders supposedly used that better helped them time their average 12 pip trades. Yep, 12 pips. The material was very clear in professing that many professional traders look to make about 12 pips on key moves, multiple times a day.
If DP's wife trades for no more than 20 pips, her method may not be all that crazy......get in, make the money, and get out. Wait for the next ride.Ignored