Disliked{quote} Place your stop 1 pip outside the high/low. Adjust your position size so your risk is constant. Cheers!Ignored
Thanks, how long have you been profitable using this method?
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Disliked{quote} Place your stop 1 pip outside the high/low. Adjust your position size so your risk is constant. Cheers!Ignored
DislikedDoes anyone is already having consistent profits using this method? i've been doing some backtesting and trading in demo before i go real using this method. I have a few questions, if someone can please answer them would be nice. - Should we always use a TP of 5 pips minimum? - Should we enter more than 1 trade at the same time? - Should we trade all setups all day? or is it better at a specific time? like London or NY session Thanks and happy trading to everyone!Ignored
DislikedHi TooSlow! I’ve just come across your thread and I’ve been going through it the past few days, I’m clear on most of this strategy and what we aim to do however all I have is 2 Questions. Question 1- If we are waiting for a setup to happen but price (on 15 mins chart) breaks through the H1 high and creates a new high, should we start over again by waiting for Current H1 candle to close and replotting our New H1 high and highest Open again? Question 2- I’m confused on when to enter, Should I enter once Candle open in our area of interest and ‘Closes’...Ignored
Today was a better day, I gained over 45 pips with 12 operations, but reduced by about 20 pips due to a single stop loss hit.
I struggle to understand when it is worth leaving more room to the trade and when to close early. Tips?
DislikedI return to these screens after a few days of absence. I moved from demo test to microlots test on a real account, monitoring 7 pairs which offer me a fairly low spread that allows me to use this trading system. I'm struggling to be consistent with HiLo due to my exit strategy. ... Tips?Ignored
Disliked... applying the method rules, I'd have been stopped out at X, with a BE+1 Are there better ways to read a trade like this?Ignored