Hi TS
What would you do in this case take the better entry or pass
What would you do in this case take the better entry or pass
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DislikedHi TS What would you do in this case take the better entry or pass {image}Ignored
DislikedNot such a good day for me - a few orders stopped out. Still up for the month but I've given back a lot of what I made last week (I think over-trading is the culprit here). I am taking every single order I see when I'm at the computer. I'm a bit more of a 'hands-off after entry' type trader as I work full time and only able to check the 7pm, 11pm and 7am candles (Eastern Australia time). Might need to look at getting MT4 on my phone, but problem is I can't run the same templates and all...Ignored
Disliked{quote} How many trades have you taken this week? How many pairs are you trading? Are you not trailing a stop to shed risk as price moves? It’s been a bit of a goofy week for a few pairs. Lots of sideways movement going on. I’ve been caught in the chop of AUDUSD and GBPUSD. The later is still open and just hovering under my stop as of this post.Ignored
DislikedNot such a good day for me - a few orders stopped out. Still up for the month but I've given back a lot of what I made last week (I think over-trading is the culprit here). I am taking every single order I see when I'm at the computer. I'm a bit more of a 'hands-off after entry' type trader as I work full time and only able to check the 7pm, 11pm and 7am candles (Eastern Australia time). Might need to look at getting MT4 on my phone, but problem is I can't run the same templates and all...Ignored
Disliked{quote} I seems you are one candle late. Dayly chart is against, but AUD USD W1 reached a strong Support area, I t can be a very good trade.Ignored
DislikedEntered AUDUSD and GBPAUD[/quote Good luck markets very quite did look at both decided to practice patience lack of one of my many trading flawsIgnored
Disliked{quote} 13, mixed results - still in 2 of them. I do trail SL when I am the desk, but often I am not as I'm either working or asleep. All my losses have been 1R, but my wins have been rare this week and more often than not I've been stopped at just above break even so the losses I have taken have outweighed those orders that I haven't lost on.Ignored
Disliked{quote} GBPUSD is in a brutal range this week! I've taken one small loss on it already. Big move coming but which direction? Are we going to get a false break? This is one of those times where price action can really help out. My old method of trading I would wait for a break of the range then a re-test of the boundary and then a candle signal like a pin bar or engulfing to then get in. {image}Ignored