trade 38
win 6.1 pips
win 6.1 pips
2
As complicated as necessary: Highest Open / Lowest Open Trade 860 replies
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Disliked{quote} I will rephrase my statement, it is impossible to tell if a bottom or top was reached until a certain event occurred, i.e. after the fact, not while you're in the trade or watching the PA. usually this event is the break of a recent major swing low or high. Please feel free to enlighten us with some useful actionable information instead of rambling in cryptic posts, nobody is asking to be spoon fed, but your cryptic messages can either stress people unnecessarily or lead them to ignore them altogether....Ignored
Disliked{quote} Firstly there's nothing cryptic about real life unless one lacks the real experience to note the distinction.Ignored
Disliked{quote} If I was to create or input a rule of thumb/basic premise for this thread it would be = Weekly/Daily ROC (Rate of Change - as shown on my previous posts) and direction overall. Then with this in mind look at your small present situation. Sometimes you don't need to close the order as there's something larger coming from behind. But for people here seeking to learn, accept poor price position and close out order then recheck setup and wait to have another go. There are other options but I sense to keep it simple for you here.This is not advice...Ignored
Disliked{quote} I am doing 0.01 lots for each trade as suggested by post #1 for the Challenge. Following the rules exactly. Sticking with the same pair. Take profit by moving stop. When trade is +5 or more, move stop to BE+1. When trade is +10 or more, move to to BE+5, or switch to trailing stop.Ignored
Disliked{quote} I am doing 0.01 lots for each trade as suggested by post #1 for the Challenge. Following the rules exactly. Sticking with the same pair. Take profit by moving stop. When trade is +5 or more, move stop to BE+1. When trade is +10 or more, move to to BE+5, or switch to trailing stop.Ignored
Disliked{quote} I believe this is how you lost 30.5 pips instead of 17 {image} I just noticed that you have a different H1 open line. the chart below is adjusted to your H1 open line, still the loss should be less than 30.{image} the blue line is my H1 open and the red arrow is your entry.Ignored
Disliked{quote} Thanks @lbtrader to be reviewing my trades. The instruction for Stop Loss says at post #1 says: "Stop loss is the current daily high or current daily low." {image} {image} {image} In your picture you are using the current H1 open instead current D1 highest ....Ignored
Disliked{quote} Correct, but... AT THE TIME OF YOUR TRADE!! if a new high is formed you should be out there and then.Ignored
Disliked"first trade, the first one made 9 pips down" {image} Right, look here: {image} moved SL to BE + 1 pip after price reached 5 pips in profit {image} price retraced and it didn't reach 10 pips to move SL to 5 pips: then it closed with 1 pip {image} it went down 9.3 pips (I need 10 pips to move SL) {image}Ignored
Disliked{quote} When you teach a man to fish, you actually show them exactly what to do. You take them fishing. You explain what you are doing at each and every step. You don't tell them to "figure it out". Would you call that spoon-feeding? What is your intention if is not to teach us how to fish(trade)?Ignored