Dislikedtheroper you buy and sold on outside inside bars that was you entry if i see it right. how did you exit your positions ?
best regardsIgnored
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DislikedMjurban i dont see a reason to take that trade but what ever makes you pips is great.
Maybe we can use the 5 minute chart to trail the winnings we follow the trade untill it takes out the most resent low in a long position and the most reasont high in a short position maybe it will work.
best regardsIgnored
Dislikedvictory83 ok i get it. but i been thinking. There are many retracement fib numbers how do you know with one to trade on there is like 0.23 0.38 0.5 .0.68 and so on do you trade on just one of them ? otherwise you can follow and have several losses before the market go back to the big trend. Or do you take the one that is most close to the middle keltner band ?
best regardsIgnored
Dislikedhi iak,
i use STARC (10,10,1) on oanda. Dont ask me what it is, but it is SMA 10 and it looks the same as my demoaccount IBFX keltner channelIgnored
Dislikedtheroper ok i get it. i can even understand your reasons for exit like a pb bar in opposite direction or a green bar in a downtrend but S/R that is hard for me to grasp it is hard for me to see if it is not obveuysly. thanks for describing it is intresting and im learning here.
best regardsIgnored
Dislikedi hate people like you.you dont know how to help others.
and telling others how to trade.
you are here to sell the others systems. only people like you will say this thread is not helpfull.
for this reason i dont like most of the people with lots of vouches.(not all)
you call your self a good trader.
so many people lose money because too many people like you .Ignored
Dislikedsee the chart
Sho, the area on the chart with the rejection bars(yellow square), would you enter after the break of the high of the 4th down bar with a stop below that same bar? Looks like some of the time...Ignored
DislikedThank you guys for all the comments.
To Pardy:
I think you are right, and agree that my entry was too late on that trade,
but I think no one knows when the price starts running fast with little retracement even after it moved signifincantly.
It is vital to take a trade according to the set rules if all the entry conditions are met.
In that sense, I would like to know the entry point is valid or not, irrespective of winners or losers. But as you pointed out, if I had entered earlier at the point you mentioned, I would have made some profits....Ignored