Liquidity Box

Quoting philhosk

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Davide, I think you made your point with the pound yen call yesterday, worked like a charm, the problem is I don't understand the method, how you draw the fib fan and trend lines is a mystery. Care to explain?

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Quoting DavideCash

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REVERSE = 1.70 (if it triggers the BUY STOP, TARGET OF THE LONG WILL BE 1.7179, positively rewarding the sell risk)

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Quoting Flunky

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Looks interesting. I perfectly understand that you don't want to give step-by-step detailed instructions. So many people want the shortcut instead of thinking for themselves. I will try to figure it out. Thanks for posting.

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Quoting Flunky

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LOL! NZD/USD Buy Stop order at 0.6100 Take Profit order at 0.6170 Am I doing this right? P.S. Yes, I know it's not a huge move, it's just a pair I happened to be looking at a few moments ago.

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Quoting DavideCash

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{quote} I would say BUY STOP at 0.6122, because there it would be RIGHT OVER the important trendline (#2 from my fibo fan) and not RIGHT BELOW it. In my chart, you see also the 2 tps, for the buy and for the sell. You see a SELL STOP AS WELL, you see that target for the SELL in pips is smaller than target for the BUY in pips. This because of the uptrend, compressing bears. {image}

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Quoting Flunky

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I'm thinking of putting a buy stop order on EURAUD Edit: GBPUSD might be better with a sell stop order

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Quoting DavideCash

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{quote} Hello, you are on the right track you see the buy stop on EURAUD and the sell stop on GBPUSD. Nice trades. {image} {image}

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