Disliked... and what clay said today also about ''the harder i work the more lucky i get'' ! So we will see !Ignored
DislikedI decided to take this touch trade at 1.5220 stop at 5209 even if the angle was only at about 10 degree but you know it s a demo trade and i need to make my theet on this strategy so more i practice more... and what clay said today also about ''the harder i work the more lucky i get'' ! So we will see !
LukeIgnored
DislikedI just realize after my gbpusd long touch trade that eurjpy also has a touch trade with a better angle at about 22 degree and 35-50 nearer of each other almost at the same time than gbpusd touch trade, but sadly i don t take this one,but it s a part of the game, huh ? But maybe someone else took it ?
LukeIgnored
DislikedYou traded the news here though? Isn't that ill-advised for those starting out with this strat fella?Ignored
DislikedYou traded the news here though? Isn't that ill-advised for those starting out with this strat fella?Ignored
DislikedYep,,, but I didn't know it was the news. I often forget to pay attention to that and yes it is a violation of the rules to enter during the first 5 minutes of the trade. Thing is that I entered almost at the close of that 15 minute candle anyway because I missed much of the move. So it's not so bad. Technically speaking, "by the rules" you can wait a candle or two and then enter IF you have a good signal to get back in on, like a RN, which is what I used.
STILL,,, I don't recommend it for newbies, your right.Ignored
Dislikedyour take away from this should be the setup, news trading is up to the individual and as you gain more experience as a trader, that does not mean next week or next month, you see where the news trading is going to go before it happens in most cases (except around nfps and fomc announcements). This does NOT mean I advocate news trading or even do much of it myself, however if your broker offers guaranteed stops and depending on the situation it can work out well.Ignored
Dislikedlook for the close of the bar, for me it if closes right around the 35 I would take with a stop below the 50 at 1.3774, if it closes below the 35 I would probably wait on it for a better entry.Ignored