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  • #6,441
  • May 23, 2018 8:31am May 23, 2018 8:31am
Quoting MrGreen95
{image}
I'd stay away from any pairs connected to the Swiss Fr. The SNB manipulates the hell out of it - it can't be trusted.
  • #6,442
  • May 23, 2018 8:34am May 23, 2018 8:34am
Quoting MrGreen95
Okay. Taked another. Was it a valid trade? Edit: I can't really trade with this TPL. Too many things for my eyes. I'll show you only clean charts {image}
That's because you're using the base HOLO indicator, not set up for 1-2-3.

Edit the indi to keep the only two lines you need and use bars.
  • #6,443
  • May 23, 2018 8:37am May 23, 2018 8:37am
Quoting birdland
i have a question to the experienced traders here regarding position size: TS mentioned to adapt position size in relation to the risk or stop loss. because of the need to make fast decisions i trade all setups with the same lotsize. and avoid setups with larger stops with more than 20-30 pips. how do you handle this?
I trade with percentage of acc size every trade and use counter trades, not stops. This is a carry over from my other methods elsewhere.

In the days when I didn't do this, I would set a stop at a maximum size of, say, 17 pips, if I remember right.
  • #6,444
  • May 23, 2018 8:53am May 23, 2018 8:53am
Quoting lemercenaire
{quote} I trade with percentage of acc size every trade and use counter trades, not stops. This is a carry over from my other methods elsewhere. In the days when I didn't do this, I would set a stop at a maximum size of, say, 17 pips, if I remember right.
thank you. i have read something longer ago from a guy called "dancingphil" here on ff about counter trades but i really dont understand this concept.
trading is like dancing, don't think and just listen to the music!
  • #6,445
  • May 23, 2018 9:01am May 23, 2018 9:01am
Quoting birdland
{quote} thank you. i have read something longer ago from a guy called "dancingphil" here on ff about counter trades but i really dont understand this concept.
The late, very great, dancinphil.

Counter trades hold a bad trade in limbo so that you have a ''floating loss''. In effect a hedge (or nedge as some call it, as it is on the same pair). You can then look to unwind that as time moves on, while still re-entering if your original trade goes back your way. You can also trade the break of the high, or low (what would be your stop) as another entry trigger.

It's not really the place to be getting into this, as I don't want to clutter up TooSlow's thread and it's not a tech that's really for the less experienced, plus those traders in the US can't hedge on the same broker anyway and that brings up having to open two different brokers etc.

Simpler to use a limited stop loss and to re-enter.
  • #6,446
  • May 23, 2018 9:17am May 23, 2018 9:17am
Quoting lemercenaire
{quote} The late, very great, dancinphil. Counter trades hold a bad trade in limbo so that you have a ''floating loss''. In effect a hedge (or nedge as some call it, as it is on the same pair). You can then look to unwind that as time moves on, while still re-entering if your original trade goes back your way. You can also trade the break of the high, or low (what would be your stop) as another entry trigger. It's not really the place to be getting into this, as I don't want to clutter up TooSlow's thread and it's not a tech that's really for the...
very interesting comment. this is something to think more over and agree that not here discuss it intense.
but i learned something new, thx.

also that the stop loss can act as a new trigger line is a nice concept.
trading is like dancing, don't think and just listen to the music!
  • #6,447
  • May 23, 2018 9:41am May 23, 2018 9:41am
Quoting birdland
{quote} very interesting comment. this is something to think more over and agree that not here discuss it intense. but i learned something new, thx. also that the stop loss can act as a new trigger line is a nice concept.
If you know my posts, you will know where to find more information on this.
  • #6,448
  • May 23, 2018 9:57am May 23, 2018 9:57am
Quoting lemercenaire
{quote} If you know my posts, you will know where to find more information on this.
What geniuses of trade. One more steep than the other.
Presumptuous, very.
When you do not understand what to do, do not do anything.
  • #6,449
  • May 23, 2018 11:39am May 23, 2018 11:39am
Quoting hal7
{image} Long CF +5 locked same bar trade
Quoting TooSlow
{image}
pls, post you trade guys ). It is more convenient to study
When you do not understand what to do, do not do anything.
  • #6,450
  • May 23, 2018 12:15pm May 23, 2018 12:15pm
Quoting nezis
{quote} {quote} pls, post you trade guys ). It is more convenient to study
Start at post one and read all pages -plenty there for you to study. Then you can post some of your demo trades for people to discuss for your benefit.
every Saint has a past. Every Sinner has a Future
  • #6,451
  • May 24, 2018 1:21am May 24, 2018 1:21am
Quoting nezis
{quote} {quote} pls, post you trade guys ). It is more convenient to study
where are your trades?
trading is like dancing, don't think and just listen to the music!
  • #6,452
  • May 24, 2018 2:41am May 24, 2018 2:41am
My morning DAX move shown as a solid 1-2-3.

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  • #6,453
  • Edited 4:04am May 24, 2018 3:24am | Edited 4:04am
Attached Image (click to enlarge)
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Short EG +5 locked classic set up +16, 10 trailer on
  • #6,454
  • May 24, 2018 3:44am May 24, 2018 3:44am
Quoting lemercenaire
My morning DAX move shown as a solid 1-2-3. {image}
That'll do.

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Now playing an add-in off a different line / different method.
  • #6,455
  • May 24, 2018 3:51am May 24, 2018 3:51am
Taked this awesome trade in demo
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  • #6,456
  • May 24, 2018 3:54am May 24, 2018 3:54am
Tons of occasions...
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  • #6,457
  • May 24, 2018 4:01am May 24, 2018 4:01am
Quoting hal7
{image} Short EG +5 locked classic set up
Alright...just joined the thread and fully caught up....
small question.....do you have price alerts set or you have to look at all the charts every top of the hour...or is there a specific time range when most setups occur
  • #6,458
  • May 24, 2018 4:10am May 24, 2018 4:10am
Quoting Inception12
{quote} Alright...just joined the thread and fully caught up.... small question.....do you have price alerts set or you have to look at all the charts every top of the hour...or is there a specific time range when most setups occur
I think it's every trader has his or her own way.

For me, I don't have alerts. I have a number of likely candidates and quickly scan to see if they look good or not. Once you start to trim back your pairs to your faves, then that is even easier.
  • #6,459
  • May 24, 2018 4:22am May 24, 2018 4:22am
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Long EG +5 locked. The flip side of my earlier trade. What goes down must go up, or do I have that backward.
  • #6,460
  • May 24, 2018 4:28am May 24, 2018 4:28am
Took my first trade on the GPBUSD.....i hope i got it right guys
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