Trading is as simple as 1-2-3 | Page 519 | Forex Factory

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Trading is as simple as 1-2-3

  • #10,361
  • Nov 11, 2020 3:15am Nov 11, 2020 3:15am
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Long EU +5 locked
  • #10,362
  • Nov 11, 2020 5:22am Nov 11, 2020 5:22am
Quoting FOURX
{quote} What the f**k has it to do with you. You go from thread to thread asking questions that are covered all the time , oh! But that’s ok is it.
Oh dear -you forgot your medication again
every Saint has a past. Every Sinner has a Future
  • #10,363
  • Nov 11, 2020 1:29pm Nov 11, 2020 1:29pm
Quoting founaud
{quote} Hi Turnip15, This Thread has 518 pages and over 10.000 post. I would take me weeks to read and understand all of them! So itīs completely normal to ask for a specific question to a trader. Or?? Do you maybe allways read all pages of a post before posting a question? If a question is not answered within the first and last pages of a post, itīs normal to ask for it!! And if you donīt have the answer, or do not want to support, at least do not bother replying. Regards

ignore him, he thinks he has the right to police every thread he visits
  • #10,364
  • Nov 12, 2020 2:19am Nov 12, 2020 2:19am
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  • #10,365
  • Nov 12, 2020 8:46am Nov 12, 2020 8:46am
Quoting hal7
{image}Long AU +5 locked
Great stuff as usual Hal.
every Saint has a past. Every Sinner has a Future
  • #10,366
  • Nov 13, 2020 9:49am Nov 13, 2020 9:49am
Quoting hal7
{image}Long AU +5 locked
hello hal7 a query your entries you do them only with the system or apart you do a previous analysis
  • #10,367
  • Nov 15, 2020 7:06pm Nov 15, 2020 7:06pm
Hi, TooSlow, I'm up to about page 64 so far. I am still trying to learn to be a profitable trader. My main challenge is that I can only trade the Asia session so I'm trying to get a feel for how things work there. I am curious about a number of charts I have seen, primarily SL and pullback. Maybe the questions have been answered between p. 64 and 519 Early on you suggested that price should pull back to within 10 pips or so of the High/Low, but I have seen charts where the SL has been as high as 60 with very little pullback and I have seen charts with SL as low as 2 with a 1 pip pullback. I'm sure you have been trading this long enough that you have a feel for price action during the times you trade so you can be flexible. Is there such thing as too much or too little SL, especially if I'm trading a pair with a spread of 2.5, I need room for the trade to move.
  • #10,368
  • Nov 15, 2020 10:46pm Nov 15, 2020 10:46pm
Quoting ericjschroed
...Is there such thing as too much or too little SL, especially if I'm trading a pair with a spread of 2.5, I need room for the trade to move.
Yes.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #10,369
  • Nov 16, 2020 3:59am Nov 16, 2020 3:59am
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  • #10,370
  • Nov 16, 2020 1:14pm Nov 16, 2020 1:14pm
Quoting TooSlow
{quote} Yes.
Do you have some numbers as an example of too big or too small? Are they the same across all pairs or vary depending on ADR, spread, something? Thanks.
  • #10,371
  • Nov 17, 2020 4:29am Nov 17, 2020 4:29am
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  • #10,372
  • Nov 17, 2020 11:56am Nov 17, 2020 11:56am
Hi everyone

Thank you Hal for sharing this method of trading and to all the posters who have contributed to the thread so far.

Admittedly I am very late to the thread but went through at least 100 pages before trying this in demo for the first time last night and was able to add 5% to the total.

Sharing an example below...
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FD
  • #10,373
  • Nov 17, 2020 9:02pm Nov 17, 2020 9:02pm
Another one....
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FD
  • #10,374
  • Nov 17, 2020 9:06pm Nov 17, 2020 9:06pm
Entry wasn't the best so I sized out of the position for a small gain...

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FD
  • #10,375
  • Nov 17, 2020 9:35pm Nov 17, 2020 9:35pm
Small loss on GA due to maybe not having enough patience for it to go in my favor - slow moving.
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FD
  • #10,376
  • Nov 17, 2020 9:37pm Nov 17, 2020 9:37pm
Demo progress goin well so far. looking to use this as my Asia session strategy.
FD
  • #10,377
  • Nov 18, 2020 2:33am Nov 18, 2020 2:33am
Quoting kin78
Another one....{image}
You're entering at the wrong place. You go in as price crosses the Open of the bar after the new H/L.
  • #10,378
  • Nov 18, 2020 3:00am Nov 18, 2020 3:00am
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  • #10,379
  • Nov 18, 2020 12:44pm Nov 18, 2020 12:44pm
Quoting kin78
Demo progress goin well so far. looking to use this as my Asia session strategy.
I am very interested in how this works for you since I have to trade there also. Still struggling with how much SL, how much pullback, BE, TS, especially since some pairs there can have up to 3+ pips spread. Also, the Asia pairs either blast off during news, with maybe no pullback, or most of the time they just sit there, moving a few pips one way, a few pips back. Challenging.
  • #10,380
  • Nov 18, 2020 1:18pm Nov 18, 2020 1:18pm
Quoting lemercenaire
{quote} You're entering at the wrong place. You go in as price crosses the Open of the bar after the new H/L.

Thanks for the tip - still working on improving.

Still on Demo.
FD
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