I take it you are now long could you show your stop loss pls the rest will be obvious
Cheers
Jeff
Cheers
Jeff
GBP/USD Buy
Entry = 1.2860
Stop loss (same SL on all three orders) lowest price point of the previous move = 1.2769 -1 pip = 1.2768
Order 1 (size of position 0.6%) = take profit 2x distance of sl = 185 pips, 1.30453
Order 2 (size of position 0.9%) = take profit 4x distance of sl = 368 pips, 1.32283
Order 3 (size of position 0.3%) = exit is next zero line cross or trend change = 0
Order 1
Order 2
Order 3
Entry = 1.2860
Stop loss (same SL on all three orders) lowest price point of the previous move = 1.2769 -1 pip = 1.2768
Order 1 (size of position 0.6%) = take profit 2x distance of sl = 185 pips, 1.30453
Order 2 (size of position 0.9%) = take profit 4x distance of sl = 368 pips, 1.32283
Order 3 (size of position 0.3%) = exit is next zero line cross or trend change = 0
Order 1
Order 2
Order 3
There is an upcoming buy signal on GBP/JPY today at the close.
While this is not one of the five pairs I follow for this strategy I want to help those that do confirm their trades.
GBP/JPY Buy
Entry = Close/Open of price on daily. For this example I am using the current price of 141.45 and will update later.
Stop loss (same SL on all three orders) lowest price point of the previous move = 126.55 -1 pip = 126.54
*The stop loss is 1,492 pips away. Most likely the close is the next sell signal.
Order 1 (size of position 0.6%) = take profit 2x distance of sl = 2,984 pips
Order 2 (size of position 0.9%) = take profit 4x distance of sl = 5,968 pips,
Order 3 (size of position 0.3%) = exit is next zero line cross or trend change = 0
Order 1
Order 2
Order 3
While this is not one of the five pairs I follow for this strategy I want to help those that do confirm their trades.
GBP/JPY Buy
Entry = Close/Open of price on daily. For this example I am using the current price of 141.45 and will update later.
Stop loss (same SL on all three orders) lowest price point of the previous move = 126.55 -1 pip = 126.54
*The stop loss is 1,492 pips away. Most likely the close is the next sell signal.
Order 1 (size of position 0.6%) = take profit 2x distance of sl = 2,984 pips
Order 2 (size of position 0.9%) = take profit 4x distance of sl = 5,968 pips,
Order 3 (size of position 0.3%) = exit is next zero line cross or trend change = 0
Order 1
Order 2
Order 3
{quote} Can you please add push notifications to these indi? thanks sir
Setting up alerts on your mobiles with MT4 is a breeze and you can do it less than a minute
1) Go to MT4 on your mobile and go to Settings >> MESSAGES and you will see your MetaQuotes ID. Note down that id
2) Go to MT4 on your computer and go to Tools >> Options >> Notifications tab. Enter mobile MetaQuotes ID that you noted here and click on Test
3) You should receive a test message on your mobile and you are all set
I have been tracking this strategy on a demo since this thread began.
If you are not yet profitable, trade this. You will be.
Once you are profitable and learn how the markets work you could always then try to improve on this method or develop your own.
In the meantime devote yourself fully to trading this and having a return on your money.
Grow your account. Stop wasting time. Growing your account year over year compounds into something substantial and real wealth.
Personally I learn better visually with the help of text. That is exactly how I am going to share this with you.
This system that I am sharing with you includes exactly how the position sizing works, how the risk management works and how to manage your trades.
This is the real deal. It is up to you.
If you are not yet profitable, trade this. You will be.
Once you are profitable and learn how the markets work you could always then try to improve on this method or develop your own.
In the meantime devote yourself fully to trading this and having a return on your money.
Grow your account. Stop wasting time. Growing your account year over year compounds into something substantial and real wealth.
Personally I learn better visually with the help of text. That is exactly how I am going to share this with you.
This system that I am sharing with you includes exactly how the position sizing works, how the risk management works and how to manage your trades.
This is the real deal. It is up to you.
- #98
- Dec 19, 2019 1:26am Dec 19, 2019 1:26am
- Joined Jan 2016 | Status: Trader | 5,200 Posts
Don't Leave Money on the Table
- #99
- Dec 19, 2019 2:03am Dec 19, 2019 2:03am
- Joined Jan 2016 | Status: Trader | 5,200 Posts
Don't Leave Money on the Table