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Trading is as simple as 1-2-3

  • #8,661
  • Jul 17, 2019 1:28pm Jul 17, 2019 1:28pm
Now short on NZDCAD +4 pips
  • #8,662
  • Jul 18, 2019 12:33am Jul 18, 2019 12:33am
Quoting hal7
{image} Short EG +5 locked just missed getting stopped on this one
Hi hal,
Is you target always 5pips and trade is closed?
What size SL are you using?

Regards
Rob
Your trade order needs to be in the right place at the right time.
  • #8,663
  • Jul 18, 2019 4:58am Jul 18, 2019 4:58am
Attached Image (click to enlarge)
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Long CF +5 locked
  • #8,664
  • Jul 18, 2019 5:03am Jul 18, 2019 5:03am
Quoting Islandfx911
{quote} Hi hal, Is you target always 5pips and trade is closed? What size SL are you using? Regards Rob
The +5 is always a target or benchmark. Sometimes I will close it, sometimes take a percentage off, sometimes stay in full trade and move stop to BE+1. There are many variations I use. For stops I use 5 above the high on shorts, 3 below the low on longs.
  • #8,665
  • Jul 18, 2019 5:06am Jul 18, 2019 5:06am
Attached Image (click to enlarge)
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Long JY +5 locked
  • #8,666
  • Jul 18, 2019 5:41am Jul 18, 2019 5:41am
Quoting hal7
{quote} The +5 is always a target or benchmark. Sometimes I will close it, sometimes take a percentage off, sometimes stay in full trade and move stop to BE+1. There are many variations I use. For stops I use 5 above the high on shorts, 3 below the low on longs.

Why 5 pips stop for the shorts and 3 for the longs?
  • #8,667
  • Jul 18, 2019 6:29am Jul 18, 2019 6:29am
Quoting MrGreen95
{quote} Why 5 pips stop for the shorts and 3 for the longs?
Adding a bit for the spread on the short.
  • #8,668
  • Jul 18, 2019 6:30am Jul 18, 2019 6:30am
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Long EU +5 locked
  • #8,669
  • Jul 18, 2019 10:01am Jul 18, 2019 10:01am
USDJPY Exit +9 . DT
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  • #8,670
  • Jul 18, 2019 11:47am Jul 18, 2019 11:47am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,671
  • Jul 19, 2019 2:14am Jul 19, 2019 2:14am
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Short JY +5 locked
  • #8,672
  • Jul 19, 2019 2:38am Jul 19, 2019 2:38am
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Long GU +5 locked
  • #8,673
  • Jul 19, 2019 2:41am Jul 19, 2019 2:41am
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Short EG +5 locked
  • #8,674
  • Jul 19, 2019 3:01am Jul 19, 2019 3:01am
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Short CF +5 locked
  • #8,675
  • Jul 19, 2019 3:59am Jul 19, 2019 3:59am
EURJPY Exit +7 . DT
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  • #8,676
  • Jul 19, 2019 4:02am Jul 19, 2019 4:02am
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Short EJ +5 locked
  • #8,677
  • Jul 19, 2019 3:00pm Jul 19, 2019 3:00pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,678
  • Jul 22, 2019 2:28am Jul 22, 2019 2:28am
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Short EJ +5 locked
  • #8,679
  • Jul 22, 2019 2:56am Jul 22, 2019 2:56am
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Short EU +5 locked
  • #8,680
  • Jul 22, 2019 3:13am Jul 22, 2019 3:13am
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Short EG +5 locked
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