{quote} Hi RH, little reflection on your screen. I noticed from the "Time" panel that you can enter the market even with the candle open, not respecting the openings of the H4 spark plugs. I see entries at 18:00 and not at 16:00. Or have your entries been run on TF H1? I hope I didn't write a wrong consideration, if so I apologize. I would never allow myself to judge our teacher. Thank you
- #2,984
- Edited 4:15pm Aug 14, 2019 3:41pm | Edited 4:15pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts | Online Now
{quote} Hi RH, little reflection on your screen. I noticed from the "Time" panel that you can enter the market even with the candle open, not respecting the openings of the H4 spark plugs. I see entries at 18:00 and not at 16:00. Or have your entries been run on TF H1? I hope I didn't write a wrong consideration, if so I apologize. I would never allow myself to judge our teacher. Thank you
You must realize that I have been trading for more than 30 years and so I use many different entry and exit methods.
But, just as with everything in life when you are trying to learn new things, people have to be taught new things slowly, and learn to master them over time, one by one and that is what I am trying to do with this thread.
Think of trading like being a professional boxer. You have a right cross, a left hook, a right hook, an overhand right, an overhand left, a left and right uppercut, a jab, a right straight punch, a rabbit punch, a kidney punch, a low blow, a body shot, etc., etc. etc.
Each punch you learn one by one over time BUT during a fight you throw each punch INSTINCTIVELY and without really thinking about it too much.
That's how I trade. Every nuance can't always be explained.
And, after you learn all the rules, you must then learn when to break the rules.
Always a Student, Never a Master - Emulate What Works
E/U breaking out of the range on H4, waiting for a better entry on M15 (pullback happening maybe ?) {image} {image}
Thanks!
The more you learn, the more you see
- #2,986
- Aug 14, 2019 4:45pm Aug 14, 2019 4:45pm
{quote} This is why I am always hesitant to show my trades and USUALLY don't. You must realize that I have been trading for more than 30 years and so I use many different entry and exit methods. But, just as with everything in life when you are trying to learn new things, people have to be taught new things slowly, and learn to master them over time, one by one and that is what I am trying to do with this thread. Think of trading like being a professional boxer. You have a right cross, a left hook, a right hook, an overhand right, an overhand left,...
Personally Robin I am analyzing almost all your screen you posted to learn as much as possible your technique, surely it will not be easy, I do not hold back and I continue to follow this group where I found Friends with a capital.
I apologize if I asked a question I didn't have to ask and understand in advance what you want to convey to us very calmly.
Thanks again and Good Night to you all.
Carpe diem, quam minimum credula postero. "Orazio"
- #2,987
- Aug 14, 2019 5:02pm Aug 14, 2019 5:02pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts | Online Now
{quote} I fully understand what you want to say and I am aware that I am a beginner compared to You Gurus with over 30 years experience. Personally Robin I am analyzing almost all your screen you posted to learn as much as possible your technique, surely it will not be easy, I do not hold back and I continue to follow this group where I found Friends with a capital. I apologize if I asked a question I didn't have to ask and understand in advance what you want to convey to us very calmly. Thanks again and Good Night to you all.
For those who don't know, Ubi.Major (Major) is Italian (but lives in Switzerland) and English isn't his first language, so bare with the translations as he is doing the best he can.
Imagine if we had to post in Russian or Chinese. It would be very intimidating for most of us to say the least!
Always a Student, Never a Master - Emulate What Works
- #2,988
- Aug 14, 2019 5:08pm Aug 14, 2019 5:08pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #2,990
- Aug 14, 2019 5:10pm Aug 14, 2019 5:10pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Here are the trades that I am currently in: {image} {image}
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #2,991
- Aug 14, 2019 5:11pm Aug 14, 2019 5:11pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts | Online Now
Always a Student, Never a Master - Emulate What Works
- #2,993
- Edited 5:44pm Aug 14, 2019 5:17pm | Edited 5:44pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
EURUSD Aug 13 H4 trade using CaveManager trade manager. Note the Capital Protection is set to 15pips Candlestick Trailing set to activate at 25pips. this will move the Stop Loss to trail behind the previous candle high+3 pips. {image}
The above trade got stopped out by the Capital Protection.
Did a re-entry much later and exit TP Batch 1.
Use Candlestick Trailing (Trail_by_Prev Candle H/L) in the new trade...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #2,994
- Aug 14, 2019 6:42pm Aug 14, 2019 6:42pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts | Online Now
To be honest most all trades I have taken so far have been in draw down right after I enter trade . I’m thinking I should almost set a pending order like 15-20 pips in opposite direction so it makes it automated and if it triggers great if not price runs away and forget about it
On my trades today, I was just trying to get into a large basket of trades quickly so I didn't do it...but I should have.
Always a Student, Never a Master - Emulate What Works
- #2,996
- Aug 14, 2019 8:59pm Aug 14, 2019 8:59pm
{quote} That's WHY I usually drop down to the 5 min. chart after I get the entry signal on the 4 hr. chart, so I can fine tune the entry. On my trades today, I was just trying to get into a large basket of trades quickly so I didn't do it...but I should have.
- #2,999
- Aug 14, 2019 9:29pm Aug 14, 2019 9:29pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts | Online Now
Always a Student, Never a Master - Emulate What Works