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Edit: not in yet, waiting for pullback to complete on 15mins...
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DislikedAgree, lets see where she will take us...
Edit: not in yet, waiting for pullback to complete on 15mins...Ignored
DislikedI had limit orders which was filled overnight , not a bad entry , SL to BE nowIgnored
DislikedI am toying with the idea of placing orders to open on day TF as I dont trade the asian session...
But still working on it... testing in demo etc - any suggestions would be welcomeIgnored
DislikedMaybe I am stretching the concept of R:R here too much. But I am thinking of entering a trade on gbp/usd on the h1 chart at 61.8% fib retracement. First target next minor S/R level....Ignored
Dislikedam not sure if i understand you well
imho, taking a trade in smaller TF requires a comparatively tighter Stop and Profit levels in comparison to longer TF. hence if you marry a tight Stop in a short TF eg. M30 with a longer profit level of a slower TF of H4, the RR naturally increases, BUT with a higher likelihood of getting stop out.
just my 2 cents
am sure it does work on some trades, but likewise it can also work on the contrary, may be the super charge RR makes it interesting, good to test it out on demo thoughIgnored
DislikedI have been waiting for the 61.8% fib too on GBPNZD, looks like a good confluence of resistance at that level..
by the way would you look that far back on the chart to find resistance/support level that might support your target entries, Looking at my chart it was a resistance area back in JanIgnored
DislikedThere is the trendline at 1.5030, but this is already 11am/12pm US est time. friday. Not a good time to be taking new trades.
Was interested in GBP/AUD too, 1.6555, but at around 11am US est time friday is not the time to be taking new positions in my view.
Anybody plan on TT short GBP/JPY at 138.00 area? Too late in the day for me.Ignored
DislikedMaybe I am stretching the concept of R:R here too much. But I am thinking of entering a trade on gbp/usd on the h1 chart at 61.8% fib retracement. First target next minor S/R level....Ignored
DislikedWell, i would just set my targets like that if we are at the beginning of a higher time-frame move. Thus the likelihood of getting stopped out is not that high, if price follows through, in my opinion.Ignored
Dislikedhehee. Did you take the short at 2.1600? You should be roughly +200pips now.
I didnt. I was away all weekend. Just arrived today.
Couldnt take any of this trade this sunday. I was away. Anybody took it? You lads must have made some nice pips today. They all worked, apparently.
Good work.
Nice. Nicely done. Wish i was around this sunday to partake in the pippage. Oh well.Ignored
DislikedI was stopped out on the GPBNZD, as i moved my SL too soon to B/E which seems to be my biggest issue at the moment, not sure if thats a bad thing..
I have been lucky last night getting my limit orders filled at good levels.......Ignored
DislikedWhos driving this boat? Anyone making any money out here...
--NMIgnored
DislikedNow's not the time to show up on your ship Captain!
What your crew had to endure while you were away - man, we can start scripting a movie: almost had a riot turned mutiny, then some "windless sailing" and some good days, some brazzz humor
and today the pips were good...
Trust you enjoyed your break...Ignored