And....
here was air between candle and stop necessary:
Is this a valid trend, a valid Setup?
here was air between candle and stop necessary:
Is this a valid trend, a valid Setup?
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DislikedBoa its so typical: {image} This all euro trades. The shorts go high and the buy goes short Trading is hard! (Trade in EURNZD little to late, because of that 3R bigger)Ignored
DislikedEUR/NZD had very nice moves in the last days. This one was a loss, i missed a better entry on the second arrow. Definitely on my WL for tomorrow. {image}Ignored
DislikedBacktested a random month (2018 Jan). Here my results. Stayed within London session only. Located impulses with the trend and waited for pullback to origin of impulse, picked only smaller candles that could potentially allow for a 3R profit. Considering moving to BE at 1.5R (will test). Will slowly backtest 2018 onwards, month by month. Looking forward to your comments on each trade. thanks! {image} {image} {image} {image} {image}Ignored
Disliked{quote} Hi Iddd, i trade the Frakfurt and London session. 1 trade per day for every pair. Mostly the major pairs. Sometimes i see a good trend and setup on a daily TF, so i place trades on daily also. Thanks for your questionsIgnored
Disliked{quote} EUR/NZD guys, you worry too much about the losses. If the setup is right and the trend is strong, i am always confident that the next trade is going to be a winner. Get your trading mentality on point. {image}Ignored
Disliked{quote} Hey Calli... I am wondering about your fibo levels. Your TP level is looking like 1:4. Are you sure you using the right settings for 1:3 RR?Ignored
Disliked{quote} Hi Tradista. Can you tell us what software you used for backtesting? I would like to use something similar that can simulate a starting balance and give the KPIs of the trade. The one you have seems to be very good. Cheers. Brent.Ignored
Disliked{quote} It is not mentality, it is the result. You can wish and be as confident as you want in your mental state, but the bottom line is: Win Money or Lose Money. It is not as easy as: find a Trend and be confident that it will workout on pullback. In fact it is a losing propositions for many mostly because R:R is not that great if you have no experience with proper MM and psychology to stay in the trade. Minotawr, you are trying to encourage, but bottom line is what speaks the loudest.Ignored
Disliked{quote} It's an add-on that runs on MT4, really great piece of software for serious backtesting. there's a thread here about it: https://www.forexfactory.com/showthread.php?t=575906Ignored