DislikedWasnt the feds chairman speaking yesterday, when he speaks you always get consolidation before, and spikes shortly after.
NIgnored
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DislikedWasnt the feds chairman speaking yesterday, when he speaks you always get consolidation before, and spikes shortly after.
NIgnored
DislikedGo down to a lower time frame and wait for a pull back of some sort. You may even see meaningful S/R levels forming. Choose the smallest lot you can and set a market order. A sell stop. Give it room. When it goes into profit, move your stops a bit, rinse and repeat. If you are lucky you jump on the train. If you are very unlucky you miss the train. But at least you won't get your arms ripped off.Ignored
DislikedI'm glad no one rushed into the USD/CHF chart I posted yesterday. Talk about behaving badly. Is it near the end of the month, or something? Any ideas?
At least we had plenty of time to bail out when it went bad.Ignored
DislikedI'm glad no one rushed into the USD/CHF chart I posted yesterday. Talk about behaving badly. Is it near the end of the month, or something? Any ideas?
At least we had plenty of time to bail out when it went bad.Ignored
DislikedI've found this week to be very difficult. A lot of my levels getting taken out, which has then damaged my trust in the ones which did hold meaning missed opportunities. Add to this a couple of moves which just missed my orders before running away nicely, and it's been pretty gruelling. Just in profit, I think, but not by much.Ignored
DislikedI've found this week to be very difficult. A lot of my levels getting taken out, which has then damaged my trust in the ones which did hold meaning missed opportunities. Add to this a couple of moves which just missed my orders before running away nicely, and it's been pretty gruelling. Just in profit, I think, but not by much.Ignored
DislikedInterceptor, missed by 1-3 pips? It is what I am trying to get here.
see my post abovce, what do you think?
I simply noticed it happening time after time orders missed by 1-2 pips due to spread.Ignored
DislikedHi
Allow for the spread when you set your orders.
There's always a completely random outcome to each entry, TP, and stop. It's just that the 'annoying' ones which miss your order by a pip or two, or take you out by the same amount, or just miss your TP before reversing leave a deeper psychological impression.Ignored
DislikedI am new to this strategy, please help, it is true, sorry for my bad english.Ignored
DislikedI think I can help some.
Lets say you have identified support at 100. You are currently at 125 and you expect a bounce of the 100. The levels you are looking at (on most charting packages) are BID levels. So, you want to buy this pair ( a fade trade) when the chart gets to 100.
When it does get to 100 your ASK level will be the spread above the chart and will not get filled unless you have entered your order at that spread or ASK level.
Some folks choose to figure that in and some choose not to enter unless the price goes threw there support...Ignored
Dislikedpretty good S/R. determine stop loss and TP. Then determine Risk:Reward and is it worth it. Then you're good to go.Ignored
DislikedNice blog Red Cabbage.
I have some problems printing from your blog. Any known issues or is it my standard "pilot error"Ignored