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Trading is as simple as 1-2-3

  • #7,561
  • Dec 19, 2018 8:43am Dec 19, 2018 8:43am
Quoting Faraon
Long GBPAUD; first entry at lowest open +8 (closed by hand), second entry +6 TP {image}
I think is better to do it these way: Let's say if you have 0.1 lot to risk per trade separetd in 2 trades with 0.05 $ech and first colse it manually in wich level you are satisfied i dont know 10 + 15 ... etc, on second one go in be +1 and leave it as it is untill the h1 candle ends!?
  • #7,562
  • Dec 19, 2018 8:43am Dec 19, 2018 8:43am
Took 2 trades based on this system, 3rd is running.
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  • #7,563
  • Dec 19, 2018 8:45am Dec 19, 2018 8:45am
Look at the Gu what a healthy setup!>?
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  • #7,564
  • Dec 19, 2018 8:48am Dec 19, 2018 8:48am
Quoting pundit78
Took 2 trades based on this system, 3rd is running. {image} {image} {image}
Try to clean up the cgarts you dont need all the indis there to much noise ....
  • #7,565
  • Dec 19, 2018 8:56am Dec 19, 2018 8:56am
Quoting pundit78
Took 2 trades based on this system, 3rd is running. {image} {image} {image}
SL hit in USDCAD but it could have been moved to BE when this trade was in profit.
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  • #7,566
  • Edited 9:43am Dec 19, 2018 9:00am | Edited 9:43am
Quoting mizi123
{quote} Try to clean up the cgarts you dont need all the indis there to much noise ....

Hehehe very right, actually this tpl is of the system I trade currently on 15m tf, I took trade on that TPL only but it gives me good look of S/R.
  • #7,567
  • Dec 19, 2018 10:07am Dec 19, 2018 10:07am
Quoting pundit78
Took 2 trades based on this system, 3rd is running. {image} {image} {image}
Hurt my eyes looking at your charts - dump the indicators and just use price !
Better still use the plate from this thread.
every Saint has a past. Every Sinner has a Future
  • #7,568
  • Dec 19, 2018 10:14am Dec 19, 2018 10:14am
Quoting turnip15
{quote} Hurt my eyes looking at your charts - dump the indicators and just use price ! Better still use the plate from this thread.
Is it Ok now
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  • #7,569
  • Dec 19, 2018 10:17am Dec 19, 2018 10:17am
Quoting pundit78
{quote} Is it Ok now {image}
That's better. I can take my sunglasses off now
every Saint has a past. Every Sinner has a Future
  • #7,570
  • Edited 10:49am Dec 19, 2018 10:39am | Edited 10:49am
Quoting mizi123
{quote} I think is better to do it these way: Let's say if you have 0.1 lot to risk per trade separetd in 2 trades with 0.05 $ech and first colse it manually in wich level you are satisfied i dont know 10 + 15 ... etc, on second one go in be +1 and leave it as it is untill the h1 candle ends!?
I know what you mean, i'm familiar with Hal's approach
I didn't plan to take second trade, just entered when opportunity appeared.
In this particular trades i just did not expect market to go that high (yes, i know - no hope, just trade what you see); but im happy to take the profit, not a loss and i don't cry about some pips left on the table, there is always another day to trade as long as i have money on my account.
  • #7,571
  • Dec 19, 2018 10:54am Dec 19, 2018 10:54am
Quoting pundit78
{quote} Is it Ok now {image}
Here is developing 1-2-3 trade, we are on step two.
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If you are good at something, never do it for free--Joker
  • #7,572
  • Dec 19, 2018 10:55am Dec 19, 2018 10:55am
Quoting mizi123
{quote} Pinbars who makes new high or low on H1 resulted best setups to be traded....! {image}
I agreed, this is the right setup to trade.
  • #7,573
  • Dec 19, 2018 10:55am Dec 19, 2018 10:55am
Quoting Faraon
{quote} I know what you mean, i'm familiar with Hal's approach I didn't plan to take second trade, just entered when opportunity appeared. In this particular trades i just did not expect market to go that high (yes, i know - no hope, just trade what you see); but im happy to take the profit, not a loss and i don't cry about some pips left on the table, there is always another day to trade as long as i have money on my account.
What is important is that in wich you feel more confortable
  • #7,574
  • Dec 19, 2018 11:00am Dec 19, 2018 11:00am
Another one from my favorite setups on EJ short ( i know late entry but "good one"
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  • #7,575
  • Dec 19, 2018 11:05am Dec 19, 2018 11:05am
Quoting mizi123
Another one from my favorite setups on EJ short ( i know late entry but "good one" {image}
If anybody need's the pinbar indi is right here is very effective in conjuction with these strategy!
Attached File(s)
File Type: mq4 PinBar.mq4   31 KB | 798 downloads
  • #7,576
  • Dec 19, 2018 11:07am Dec 19, 2018 11:07am
AU is testing the low for 3d time!
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  • #7,577
  • Dec 19, 2018 11:19am Dec 19, 2018 11:19am
Quoting mizi123
{quote} Pinbars who makes new high or low on H1 resulted best setups to be traded....! {image}
Usually, yes, it would seem so, however a year or so ago, Pippy and I did a run down of what shape trigger bar performed best and there was no edge to pin bars...unless backed by perhaps a Supply or Demand Zone, significant level of some sort etc. (not covered by the original rules).
  • #7,578
  • Dec 19, 2018 11:22am Dec 19, 2018 11:22am
Quoting pundit78
{quote} Is it Ok now {image}
Good call - Too Slow won't shout at you now
  • #7,579
  • Dec 19, 2018 11:22am Dec 19, 2018 11:22am
Another loss, can anyone tell me what was wrong in this trade, visually it was not the right setup.
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  • #7,580
  • Dec 19, 2018 11:24am Dec 19, 2018 11:24am
ah, is this christmas pre-noise here?

anyway, wish you 123 traders happy christmas and cu next year (after 8th of jannuary)
trading is like dancing, don't think and just listen to the music!
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