im not very good drawing a trenline..is this the correct way to draw it?
Bull Flag?
Bull Flag?
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DislikedYou can't use a blanket stop loss for each and every trade, SL's are just as important as your entries and just slapping on a 30 pip stop without looking at the bigger picture is a bit silly.
Either use pivot's, SR's or fib levels to find your stops, alternatively use the intermediate swings on M5/15 if you are an intra day trader or M30/H1 if you hold trades over night, H4/daily if you are a position trader.
As a trader, don't just focus on your entries, that is only 5% of your trading, stops, TP's, TS's, scaling in and out, taking partials,...Ignored
DislikedThis forum never cease to amuse me. Always seeing people opening position just before news. Some of you guys are either on drugs or demo accounts.Ignored
Disliked15 min chart.
Long Bearish OB, then IB.
15 min Keltners down
Look at the big picture too.
Good short op.Ignored
Dislikedclosing for 14-expecting price to come closer to 200 ema 15m before it goes back upIgnored
Dislikedits so damed strange! good US news,GBP rally! bad US news,GBP also rally!! so what else will US dollar rally then???Ignored
DislikedI'm long biased
1 position 15 pips underwater atm.
TP 1.5910
SL 1.5839 - 6 pips under 38.2 today's upmove 5714-5871
Ignored
DislikedI'm long biased
1 position 15 pips underwater atm.
TP 1.5910
SL 1.5839 - 6 pips under 38.2 today's upmove 5714-5871
Ignored
DislikedMy position was opened at 11:50. Should probably have taken 20 when I could before the news but if I had it would have dropped like a rock.
What is the recommended action in such a situation...always close out before news, widen stop or move to B/E like I did?
CheersIgnored
Disliked5809 is a perfect choice for intra day scalps here, it was the key for the move up and will be the key for the move down, thereby invalidating his long.
That is what I call a properly researched SL. I may have moved it down a pip or 2, but his thinking is solid.
Now whether his strategy for a long is solid is another topic all together, see my earlier post.Ignored
Disliked5809 is a perfect choice for intra day scalps here, it was the key for the move up and will be the key for the move down, thereby invalidating his long.
That is what I call a properly researched SL. I may have moved it down a pip or 2, but his thinking is solid.
Now whether his strategy for a long is solid is another topic all together, see my earlier post.Ignored