GU 15 min chart below. 15 min bar closes in 1 min.
- Pin
- Round number
- Fib
Rob
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Rob
DislikedToday EJ range = 1021 pips,
No one in long please
Edit: Quote from the main thread Sho has just reminded everyone "as a retail trader we must have to use the stop loss.no one watching over our shoulder"
All stop loss have been triggered within a short moment.Ignored
DislikedGU 15 min chart below. 15 min bar closes in 1 min.
- Pin
- Round number
- Fib
Rob
Ignored
DislikedThese worked well
Normally I would have opened only one position but Sho explained yesterday that we need to act on EVERY signal.
I got two signals so I opened two positions.Ignored
DislikedHa ha ...yes nice tip Sho.
Thank you my friend.
Short 2 is currently +218 pips.
We have broken 1.45.Ignored
DislikedThese worked well
Normally I would have opened only one position but Sho explained yesterday that we need to act on EVERY signal.
I got two signals so I opened two positions.Ignored
DislikedHi Sho,
I'm really struggling with the volatility this week. I saw that entry bar but it required a 20 stop and never retraced to give me a lower risk entry.
Should we be upping our risk parameters this week or stay out completely?Ignored
Dislikedgear up the rule for few pips.in the volatile market u need few pip extra.not too much.
as long as its not big for u thats fine.if u enter at the break of signal bar use same stop.
i love volatile market man.must use stop.other wise u will blow the account.
what happened yesterday have u seen?Ignored
DislikedMay I ask what size stops you used on these shorts please? Are you parking the stops above the bar highs or using smaller mid-bar stops due to the volatility?
Thanks!Ignored
DislikedHi Sutts,
My 2 stops were just above the bar highs.
Short 1 SL was 28 pips and Short 2 was 25 pips.
The risk was larger than I usually take, but we have seen stronger downward momentum in this last 24 hrs than any day in the last 13 months. With the UK suffering a hung parliament after the election, I don't see any confidence in GBP until the situation is resolved.
So I was personally happy to accept that risk at my entry point.
RobIgnored