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trading Dash Fibo V1- Forex Without Tears

  • #1,361
  • Jan 17, 2018 2:02am Jan 17, 2018 2:02am
Quoting Traffex
{quote} For example: you trade EUR and EURUSD, EURJPY and EURNZD fulfill rule 4. If at any time EURJPY fulfills rule 3, you exit all three pairs. Correct?
NO I WILL NOT EXIT ALL 3 TRADES BECAUSE EURJPY FULFIL rule 3.if i must exit all trades then maybe i am in little profit at the total.so i consider my total wither it is negative or positive because it is basket trading but if my total basket is negative like -5usd for 3trades at o.o1 and i discover one trade has met rule3 i will have to exit that one trade to cut my losses down ok but i have just -3 for the trades even if one has met rule 3 i will have to still give the whole trades a little space.secondly.if my trades takes more than 1 hr 30 before giving me good profit and ranging between profit and loss i will take it out either at a little gain or little loss because the market may be ranging and may take another shape later.so i do not put stop loss when i execute trade i watch the full basket.i only do that when i will be off my laptop offcourse that is when i play with manual trading
thanks
  • #1,362
  • Jan 17, 2018 2:15am Jan 17, 2018 2:15am
all usd will become weak from now .that means all usds trade should be exited.usdjpy,usdcad,usdchf will all sell from now and their counter will buy such as eurusd ,audusd etc i will explain later.this mean i should have taken my profit and not expect much again except red news changes it
  • #1,363
  • Jan 17, 2018 2:18am Jan 17, 2018 2:18am
I've entered this trades(yellow box)
Attached Image (click to enlarge)
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Anything above the line is an uptrend, below the line is a downtrend.
  • #1,364
  • Jan 17, 2018 2:24am Jan 17, 2018 2:24am
Right now conditions are met for CHF pairs. Do you agree?


TONI
  • #1,365
  • Jan 17, 2018 2:24am Jan 17, 2018 2:24am
Quoting Degolep
{quote} You said daily pips have to be between 10-25 and percentage change between 0.1-0.25. do you ever trade if its not between these numbers? Or are you strictly on the rule 1 and 2. Do you trade only London session?
i trade only rule 4 and i stick to 10 -25pips and if i ever risk it it will be 10-30.outside that i do not trade and i trade at london only if i trade it after i risk little and take profit fast
  • #1,366
  • Jan 17, 2018 2:33am Jan 17, 2018 2:33am
Quoting forexdaist
Right now conditions are met for CHF pairs. Do you agree? TONI
Finally I enter AUD pairs.

Attached Image (click to enlarge)
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Let's see.
toni
  • #1,367
  • Jan 17, 2018 2:38am Jan 17, 2018 2:38am
Quoting Mjyoung
all usd will become weak from now .that means all usds trade should be exited.usdjpy,usdcad,usdchf will all sell from now and their counter will buy such as eurusd ,audusd etc i will explain later.this mean i should have taken my profit and not expect much again except red news changes it
Yes, I'm definitely interested in understanding what you saw that would indicate that the USD was weakening.

Thanks!
  • #1,368
  • Jan 17, 2018 2:47am Jan 17, 2018 2:47am
Quoting forexdaist
{quote} Finally I enter AUD pairs. {image} Let's see. toni
Done for the day. Catched 40 pips in AUD and USD pairs (GBPAUD, EURAUD, AUDCAD, USDCHD, EURUSD). I maybe closed too early but I'm happy with these pips.


Thanks you MJYoung!! GO on!!
TONI


PD: I hope someday can reach a half of your trade level. That would be enough for me. Great strategy. Congratulatuions!
  • #1,369
  • Jan 17, 2018 2:48am Jan 17, 2018 2:48am
current status
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Anything above the line is an uptrend, below the line is a downtrend.
  • #1,370
  • Jan 17, 2018 2:54am Jan 17, 2018 2:54am
Quoting Degolep
current status {image}
I get some of the same pairs today. But I don't understand why you enter pairs that exceed the 30 pips limit, such as AUDJPY or AUDCHF.

Good to see we pick similar basket!


toni
  • #1,371
  • Jan 17, 2018 2:59am Jan 17, 2018 2:59am
Quoting Mjyoung
{quote} NO I WILL NOT EXIT ALL 3 TRADES BECAUSE EURJPY FULFIL rule 3.if i must exit all trades then maybe i am in little profit at the total.so i consider my total wither it is negative or positive because it is basket trading but if my total basket is negative like -5usd for 3trades at o.o1 and i discover one trade has met rule3 i will have to exit that one trade to cut my losses down ok but i have just -3 for the trades even if one has met rule 3 i will have to still give the whole trades a little space.secondly.if my trades takes more than 1...
A thousand thanks, Mjyoung! This helps me a lot
  • #1,372
  • Jan 17, 2018 3:01am Jan 17, 2018 3:01am
Quoting forexdaist
{quote} I get some of the same pairs today. But I don't understand why you enter pairs that exceed the 30 pips limit, such as AUDJPY or AUDCHF. Good to see we pick similar basket! toni
Well I just entered the whole basket for AUD . And I saw big strength showing fo AUD so I thought, why the fuck not.
Anything above the line is an uptrend, below the line is a downtrend.
  • #1,373
  • Jan 17, 2018 3:13am Jan 17, 2018 3:13am
Mjyoung, if there are more than one baskets, do you trade them all at once ?
  • #1,374
  • Jan 17, 2018 3:23am Jan 17, 2018 3:23am
Quoting Mjyoung
{quote} HAHAHAH do not mind them,,,which broker is that let me check it out

Hello MJ
its "121 Clearing" otherwise known as "FINOTECH TRADING"
Don't Buy after a Rally, Don't Sell after a Drop
  • #1,375
  • Jan 17, 2018 3:24am Jan 17, 2018 3:24am
Quoting Traffex
Mjyoung, if there are more than one baskets, do you trade them all at once ?
YES even if it is 4 i will.i take all trades as the signals comes
  • #1,376
  • Jan 17, 2018 3:28am Jan 17, 2018 3:28am
Quoting Mjyoung
{quote} YES even if it is 4 i will.i take all trades as the signals comes
Thank you.

Another question: If you are with one or more baskets in a winning situation, when do you exit ? Do you have a daily target ?
  • #1,377
  • Jan 17, 2018 3:48am Jan 17, 2018 3:48am
I will close for the day. It's my 2nd day of using this dashboard. Looking good for now

Can someone more experienced if he has time look over my trades which I shouldn't close and have a potencial to make more profit? And those who are in loss would make more loss?

Would the basic logic for reversal of profit be if the daily pips and % are reversing from when u entered right?

Is there any way to see how many pips overall I made today? I guess around 50-55?
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 468 KB
Anything above the line is an uptrend, below the line is a downtrend.
  • #1,378
  • Jan 17, 2018 4:45am Jan 17, 2018 4:45am
Quoting sdsn
for comfortable trading found the same indicator {image}
Which indicator you are using on NZD chart at the bottom??
  • #1,379
  • Jan 17, 2018 4:45am Jan 17, 2018 4:45am
Quoting Degolep
I will close for the day. It's my 2nd day of using this dashboard. Looking good for now Can someone more experienced if he has time look over my trades which I shouldn't close and have a potencial to make more profit? And those who are in loss would make more loss? Would the basic logic for reversal of profit be if the daily pips and % are reversing from when u entered right? Is there any way to see how many pips overall I made today? I guess around 50-55? {image}
Congratulation!

Here I post an indicator I use to see exactly the point and profit I make in everyday session. Try it, I think it can help to you.


Attached File(s)
File Type: mq4 i-Profit Tracker-Fixed.mq4   17 KB | 359 downloads



toni
  • #1,380
  • Jan 17, 2018 4:52am Jan 17, 2018 4:52am
Thank you. But this is for whole account right. Is there any way to see how many pips I made with dashboard?
Anything above the line is an uptrend, below the line is a downtrend.
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