DislikedJust set the box to end at 8:59 if you so desire. I did that for the Asian session just because of the way price has been firing out of the box as Asia opens.Ignored
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DislikedJust set the box to end at 8:59 if you so desire. I did that for the Asian session just because of the way price has been firing out of the box as Asia opens.Ignored
DislikedDear Nomo and Thread,
Can people share alternative ways to exiting these BKO trades other than a straight 20 pips? Though it seems to me that there there is much money being left on the table, I do not want to expect from the method more than it can deliver.
Thanks,
LenoxerIgnored
DislikedIm having a good one so far.
+ 20 eur/jpy
+ 20 usd/jpy
+ 20 gbp/jpy
+11 gbp/usdIgnored
DislikedAUDUSD +60
Entry: 0.7568
SL: 0.7604 (36)
TP: 0.7508
GBPJPY +259
Entry: 183.82
SL: 184.70 (88)
TP: 181.23
USDCHF +20
Entry:1.1390
SL: 1.1354
TP: 1.1410
Used 20 PIP trailing stops after reaching 20 PIP profits. Was away from my computer on the USDCHF trade, so I could change the limit. I also forgot to track USDJPYIgnored
Dislikedgot closed out of my two trades before they took off. Hey it happens, but i can't complain still got decent recents.....
AUDUSD +80
Entry 0.7410
SL 0.7440 (30)
TP 0.7330
GBPUSD +19
Entry 1.7511
SL 1.755 (44)
TP 1.7492
Looks like I missed good trades on EURUSD, GBPJPY. What's going on with USDCHF? Daughter is distracting me this morning. In any case I think that I'm done for the day.
Good trading All.Ignored
DislikedHi RRothschild. With that 80 pip win on the aussie, are you just using a 20 pip trailing stop? ThanksIgnored
DislikedYes, once I get to 20 PIPs, I lock those in and trail at that point. Sometimes that will make you miss a bigger move like I did this morning on the GBPUSD. I got 19 PIPs but the market pulled back to my stop and then took off for another bunch of PIPs.
Nomo originally said that the system pretty much can consistanly produce 20 PIPs, so I lock in the "guaranteed" PIPs then let the market do its thing. I'm still experimenting with the TP. Nomo said we should aim for 1:1 r/r. So that is usually my initial TP, then based on PA I adjust sometimes.
RR -Ignored
DislikedShame that I was sitting on the toilet from 15:00gmt with no positions.... Anyway, you're an inspiration. Good trading and enjoy the champagne.Ignored