DislikedYou do know you have to add the spread for a limit or a long stop order, don't you?Ignored
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
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DislikedMy stop was set for .6693. 4pips above the high of the trigger. Or do I have it wrong?Ignored
DislikedThat is forex 101 stuff. I do believe you need to add the spread to that when setting a buy stop. .6693 + 5 = .6698 is what your buy stop should say, then it will trigger when you hit .6693. Am I right everyone, please comment if I am not.
JimIgnored
DislikedWhat do you think of GBP/USD IB
Entry 1.5322
TP 1.5380
SL 1.5286
Risk 36
Reward 58Ignored
DislikedUS/JPY IB setting up for Sell
But there is a low only 10pips from entry but if it goes to the support at 90.04 is good for 30 pips?
Entry 90.34
TP 90.05
SL 90.61
Risk 27
Reward 29
RR 1-1Ignored
DislikedI guess after last nights little episode everything is looking like it's consolidating at the moment so maybe I'll have to come back at London open.
Then again Maybe I'll just fiddle about with very small lots to get a feel for this method.
Thanks HH.Ignored
Dislikedupdate: I've managed to take 10 pips on this for 1/2 of position. I have moved stop to BE for remainder.Ignored
Dislikedupdate: I've managed to take 10 pips on this for 1/2 of position. I have moved stop to BE for remainder.Ignored
DislikedHi HH,
I've been lurking in the shadows for a while and I'm finally starting to learn something form your great tips and insight.
Please don't pull this thread, I can't speak for anyone else but I seriously need this.
Skype and other IM communities are great if you can be there live but I'm in Australia so trading the US session is almost impossible for me due to the timing so my only alternative is to trade the London session - which is very late for me here.
I can read the thread posts during the day and practice the trades.
I need this...Ignored
DislikedHey Jarroo, how many names have you got. Whats up?
Keep in mind, My versian of IB is slightly differant with rules modification.
JimIgnored