GJ keep testing my patience..
ha ha..
too risky because UJ also strong bear..
well...
test long stop 140.55
ha ha..
too risky because UJ also strong bear..
well...
test long stop 140.55
just for a cup of coffee...
- #68,483
- Sep 3, 2020 12:12pm Sep 3, 2020 12:12pm
- Joined Jun 2019 | Status: Trader | 1,204 Posts
GJ keep testing my patience.. ha ha.. too risky because UJ also strong bear.. well... test long stop 140.55
what are you think about gu and eu, mate)?
today i sold, then bought and so on
now i want to buy eu and gu
Like your wife says, hold the fucking position until I tell you I'm done.
- #68,485
- Sep 3, 2020 5:11pm Sep 3, 2020 5:11pm
- | Commercial User | Joined Feb 2017 | 24,065 Posts
GD all
️
️ just for a cup of coffee...
- #68,486
- Sep 3, 2020 5:13pm Sep 3, 2020 5:13pm
- | Commercial User | Joined Feb 2017 | 24,065 Posts
just for a cup of coffee...
- #68,487
- Sep 3, 2020 5:38pm Sep 3, 2020 5:38pm
- Joined Jun 2019 | Status: Trader | 1,204 Posts
Like your wife says, hold the fucking position until I tell you I'm done.
GD akim n all..
akim, may i ask when is the 'best' practice to shift trade to BE as shown in that picture for your lowest position? thx..
example from Gu.. we watch with knowledge then we know bear will attack there from m15 setup.. so we prepare to sell or wait to reload some long at below same what i do there.. cash n collects those 2.. we have margin and equity there..{image}
- #68,493
- Sep 3, 2020 9:36pm Sep 3, 2020 9:36pm
- Joined Mar 2015 | Status: Trader | 1,885 Posts
GD akim n all.. {quote} akim, may i ask when is the 'best' practice to shift trade to BE as shown in that picture for your lowest position? thx..
worse scenario after kiss goodbye the trend continue on your favor
best i think put multi position like akim does then after 20-30 pips close the other and leave 1 position on BE+
"bad trades at times do happen even when the set up are good"
{quote} even with good risk management after 10 failed trade attempts it puts its print on the account
this used to be a problem when i was starting to apply this thread setup..
for me personally, one would have to know which wave you are trading... my dominant wave is H4 (note dominant does not mean absolute, but generally.. so i may switch to D1, not W1 atm)... but if everything aligns, everyone would know that it gives the best probability..
also one best to know roughly the shortest time of H4 wave (depends on your definition)... but know when to switch to D1 wave... as everything in forex, there is no fixed rule..
so entering on M15/30 or H1 to catch the early turn of H4 wave doesn't mean that one take every setup on M15/30 or H1... but more emphasis on akim's style of HTF SR area... how many times will one give a try for a SR area... i give myself 2x to control my risk..
then if you were to backtest H4 wave, how many times would SR area failed before turning..? besides backtest, akim's old post where he followed GU really helps.. note turning doesn't mean that it will really cause a change in H4 wave.. it may be just the shortest time of H4 wave..
imho, no offence to anybody.. from what i notice of most newcomers to this thread is that, they most likely place most emphasis on akim's bull/bear pattern for entry... it is not the 'correct' way of thinking... but more emphasis should be thought on akim's style of HTF direction (gives the best probability of most profit), HTF SR area (again gives the best probability for entry point) and MM (a combination of scalper/intraday/swinger in a trade -> akim's insight of no safe position in forex) then comes along akim's bull/bear pattern..
best regards..
- #68,495
- Sep 3, 2020 10:02pm Sep 3, 2020 10:02pm
{quote} moving to BE+ is a bit tricky.... let say after 10 pips move to BE+, when market to volatile it can easy kiss goodbye your BE+... worse scenario after kiss goodbye the trend continue on your favor
i have been applying your thoughts too because of my lesser/unreliable knowledge in PA.. for me that is the simplest solution.. splitting positions, giving different TP (some for scalps-> at least earn some or cover loss first, 1 for intraday, 1 for luck.. haha)
it gets my nerve as BE is hit for the 'best' position then the trend continue on.. jokingly i feel like banging my head on the wall after a series of that cases happening, like in the japanese manga/anime.. hahahaha
- #68,496
- Sep 3, 2020 10:10pm Sep 3, 2020 10:10pm
- | Commercial User | Joined Feb 2017 | 24,065 Posts
just for a cup of coffee...
- #68,497
- Sep 3, 2020 10:12pm Sep 3, 2020 10:12pm
- | Commercial User | Joined Feb 2017 | 24,065 Posts
just for a cup of coffee...
- #68,498
- Sep 4, 2020 12:18am Sep 4, 2020 12:18am
- Joined Mar 2015 | Status: Trader | 1,885 Posts
{quote} hey thx for your reply spijack.. totally agree with you.. i have been applying your thoughts too because of my lesser/unreliable knowledge in PA.. for me that is the simplest solution.. splitting positions, giving different TP (some for scalps-> at least earn some or cover loss first, 1 for intraday, 1 for luck.. haha) it gets my nerve as BE is hit for the 'best' position then the trend continue on.. jokingly i feel like banging my head on the wall after a series of that cases happening, like in the japanese manga/anime.. hahahaha
when that kiss goodbye happen, i feel got cheated...
"bad trades at times do happen even when the set up are good"
- #68,499
- Sep 4, 2020 1:25am Sep 4, 2020 1:25am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
just back home..
some nap before get into action later
🥱
some nap before get into action later
🥱
just for a cup of coffee...
