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my trading system or trading method 10 replies
DislikedNow.... USDCAD
When i spoted this pair i saw a channel with correct mevements, after i execute order, market laughted from, brake lower line with little spyke. I am an opposite trend side, but other USD pairs are going to north, so i decide to keep this order.
simple saying: Channel template with correct movements, Stop loss 15pip
P.s. now at BE+1Ignored
DislikedEURJPY - next target activated with Sell stop order 23pip SL. Wedge breakout or just simple ID trendline with 3 touches... Tp1 should be 114.10, but i would like to get reaction there and hold till 113.16Ignored
Dislikedloss accepted honorably, buy my plan to short this pair (don't know why, because expectancy is incompetence at this business) still didn't vanished, order has been activated when divergency debt was paid out and average daily range was filled 100%. Let see if it will cover my loss or give much more.
Stop loss at previous day High with 36pipsIgnored
DislikedSo.... Today!
EURUSD - tried to catch breakout of #20.6 template, and have to pay 27pip for SL -0.7%....ouch!
EURJPY - next my order was to buy from divs debt with 17pip SL, but to early i decide to execute order by hand with 25pip SL, so i have to positions 2/3 -17sl and 1/3 - 25sl. risk is about 1.7%, when price move in my favor 2/3 position was covered with breakeven Stop loss +1.
I decide to buy from Divs debt + very extend daily range more then 134% (144pips, usaly about 85pips), and also medium term trend
By the way we have nice...Ignored