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Magic 100

  • #961
  • Jun 25, 2020 12:35am Jun 25, 2020 12:35am
EUR JPY


Hi, Im newbie.

Live trade and trying to learn to trade.

Any comment are welcome.

Thank You
Attached Image (click to enlarge)
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  • #962
  • Jun 25, 2020 1:20am Jun 25, 2020 1:20am
Quoting Sang.Real
EUR JPY Hi, Im newbie. Live trade and trying to learn to trade. Any comment are welcome. Thank You {image}
by the looks of your picture, EG is in a range. It's NOT trending at all. You want a pair that is trending and then trade the pullbacks. The hardest part of this strategy imo is finding the right trending pair at the right time without missing too much of the trend/move.
  • #963
  • Jun 25, 2020 1:31am Jun 25, 2020 1:31am
Quoting bojack34
{quote} by the looks of your picture, EG is in a range. It's NOT trending at all. You want a pair that is trending and then trade the pullbacks. The hardest part of this strategy imo is finding the right trending pair at the right time without missing too much of the trend/move.

Thanks for your great comments.

Very encouraging and in fact helped me to see my own thoughts in a different light.


Sang Real

  • #964
  • Jun 25, 2020 1:51am Jun 25, 2020 1:51am
EUR AUD


Newbie again, trying to learn to trade with live account.

Any comment are welcome for learning purposes.

Thank You.


Sang Real
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  • #965
  • Jun 25, 2020 2:19am Jun 25, 2020 2:19am
EA UPDATE: Version 10 (FOLKS from now on please PM me with EA issue)

DownLoad is ready at:
xm7_Magic100_EA_v10.ex4

SOOOORRY FOLKS! Forgot to activate the symbol buttons on both rev 8 and 9... so its all good on version 10.
Wow version 10... will we reach 100?? LOL.

ENJOY!

Jess
Attached File(s)
File Type: txt POST_MAG100EA_UPLOAD.txt   < 1 KB | 284 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #966
  • Jun 25, 2020 2:25am Jun 25, 2020 2:25am
Quoting Sang.Real
EUR JPY Hi, Im newbie. Live trade and trying to learn to trade. Any comment are welcome. Thank You {image}
SL Hit (loss -22pips)


EUR JPY

Re-entry.

Placed new Stop Order at London Open.
Attached Image (click to enlarge)
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  • #967
  • Jun 25, 2020 2:41am Jun 25, 2020 2:41am
Quoting Sang.Real
{quote} SL Hit (loss -22pips) EUR JPY Re-entry. Placed new Stop Order at London Open. {image}
I would suggest you cancell that buy stop, read through all the pages and demo trade till you get the system and are profitable on demo...
  • #968
  • Jun 25, 2020 7:18am Jun 25, 2020 7:18am
Guys any good pair to trade?
I dont find anything trending...
  • #969
  • Jun 25, 2020 8:04am Jun 25, 2020 8:04am
Quoting jandelichte
Guys any good pair to trade? I dont find anything trending...
Eur/usd just had a reversal bar maybe wait for a couple more reversal bars.
  • #970
  • Jun 25, 2020 8:59am Jun 25, 2020 8:59am
GBP JPY


Placed buy order

Any comment are welcome for learning purposes.

Thank You
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  • #971
  • Jun 25, 2020 9:01am Jun 25, 2020 9:01am
Quoting Sang.Real
GBP JPY Placed buy order Any comment are welcome for learning purposes. Thank You {image}
You need to have a trend bruh
  • #972
  • Jun 25, 2020 9:10am Jun 25, 2020 9:10am
Quoting Sang.Real
GBP JPY Placed buy order Any comment are welcome for learning purposes. Thank You {image}
jandelichte is right
on top of that look left of your chart scroll out look for any support and resistance levels and take on board the previous day high and low,, this is what I do great thread.
  • #973
  • Jun 25, 2020 9:22am Jun 25, 2020 9:22am
Just one more thing I would not trade on a reversal bar that has made a new high or low that's why you need a good reversal to enter on the trend,
  • #974
  • Jun 25, 2020 9:55am Jun 25, 2020 9:55am
Quoting ingob
hello larry, maybe you have to choose better, i made 4 trades yesterday which were all in plus. I trade manually, however, I'm really only looking for those where ma shows up or down. didn't work properly on monday, but I'm great in plus
I agree I've been overtrading, wanting to take every signal, I'll start being more choosey.
  • #975
  • Jun 25, 2020 5:49pm Jun 25, 2020 5:49pm
Quoting jandelichte
{quote} You need to have a trend bruh

Thanks for the comment & the insight jandelichte


  • #976
  • Jun 25, 2020 5:54pm Jun 25, 2020 5:54pm
Quoting croesus27
{quote} jandelichte is right on top of that look left of your chart scroll out look for any support and resistance levels and take on board the previous day high and low,, this is what I do great thread.

Thanks for the comment Croesus.

I agree, knowing the logical support/resistant level is very much important on trend based trading!.

The clearer the S/R, the higher probability trades.

Though fake breakouts are hard to avoid, how do you deal with this concept?

Thank you.

  • #977
  • Jun 25, 2020 6:00pm Jun 25, 2020 6:00pm
hey guys is this a good entry point
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  • #978
  • Jun 25, 2020 7:23pm Jun 25, 2020 7:23pm
GBP JPY


Typical SELL Stop set up.

Does this set up is good to take or need to wait for other factors.

Any comment welcome for educational purposes.

Thank You
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  • #979
  • Jun 25, 2020 7:39pm Jun 25, 2020 7:39pm
Hi. In this graph there is no trend, also with the wicks that are. In the candles, I don't see that it's a good pair to use right now.
  • #980
  • Jun 25, 2020 8:09pm Jun 25, 2020 8:09pm
Quoting gerval
Hi. In this graph there is no trend, also with the wicks that are. In the candles, I don't see that it's a good pair to use right now.

Thank You for your comment & view.

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