Be a seer, not a looker!
Ata's Trend Hunter V3.6 All Time Return:
-15.3%
30% A Month - Magnetic Djasta 12 replies
My way of trading by Using trend line , BL line & febo level 76 replies
Magnetic Target Zone with Capped Martingale 115 replies
the magnetic lines 11 replies
PinoFX Magnetic System 11 replies
DislikedDAX30 Looks like we might goo higher Looks Like a H&S whit green but whit a trangle breakout on the Menu {image}Ignored
Disliked{quote} Be careful.. 1H chart candles are still above 50 SMA and price is higher than opening.. and the bigger picture still is an uptrend.. so right now and maybe for the rest of the day shorting on SPX500 wouldnt be wise.. Happy TradesIgnored
Disliked{quote} Thanks mate for the heads upp but im short from yesterday from 1959,9 and trade already lock'd.So if price trades higher Im out whit a small profit if not then im letting itt run.Sooo lets see the outcomeIgnored
DislikedHi Ian, One question: I noticed that you generally detect 2 targets with magnetic lines.. so when the candles touch the first target what is your first reaction? Are you closing that trade and open a scalper in the opposite direction to get some extra pips? Or are you just waiting till the second target is hit? I know there are many many scenarios but just for this example what would be your advice for an aggressive scalper like me?Happy Trades
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DislikedMany thanks for your advice Ian, Well I love hedging, but you can guess opening a hedge is just like closing a trade. The only difference is when you close a negative trade you have a minus trade on your history. If you don't want minus trades in your history hedging is nice option (best example: if you are a fund manager and looking for rich customers who you need to convince then a negative history is not good for you, or if you want to show off saying: look I have no losing trades) so outside of those hedging is just a waste of time and energy....Ignored
Disliked{quote} As you have acknowledged, Hedging a losing trade is a waste of time. However, hedging a winning trade is often a way of accumulation. Especially if you are on to a good trend you have confidence in. hedge the retraces & add trades when the retrace is over. The main thing is not to be too greedy with the hedge trade.Ignored