Disliked{quote} Think I've gotten more interested in fixing than trading, it's a bit of a mind game I use my fib tool to "map" out my fixes, there are dozens of ways tofix, just got to find what fits with you. {image}Ignored
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Disliked{quote} Think I've gotten more interested in fixing than trading, it's a bit of a mind game I use my fib tool to "map" out my fixes, there are dozens of ways tofix, just got to find what fits with you. {image}Ignored
Disliked{quote} Thanks for the tip Fagin. I like how you say 'map out', i can now see the opportunities neatly. Happy trading all.Ignored
Disliked{quote} No probs, make it your own. We all trade differently and may not have Billy's bank!Ignored
Disliked{quote} 07-55 Hi bud, you just reminded me of something. Let me explain my 1% , i look for. Example. i have 100 and i want 1%. so 100 + 1% =101. To get that 1% i could use lot 1 and get 1% off a 1 pip move. or use lots of smaller lots. ie .25 x 4 =1. The big problem is the margin, so for a 1 lot size trade i would need 406 margin. So my margin is separate from my 100. i take 1% of 100 not 506. easy lol. Also, i say Lot, when infact it isnt the correct word. t 08-08Ignored
Disliked{quote} Thanks Billy, I need to read this a few times... currently I'm trading for a prop firm and margin is okay 100-1 however they only allow 5% daily drawdown so it scuppers me a bit (think that is a seafaring term?).. I'm still working out how best to play it. Looking at 0.25% per 5 pips but only leaves a couple of fails at the other end, frustrating.. I also scalp EU throughout the day but need about 15 trades on that to make 0.5% consistently without blowing which is ok but sometimes taxing on the grey matter...Ignored
DislikedGood Afternoon Peeps. I've been following this thread for a while and its brilliant. I've actually done most of the 7.45 15 min trades for a month now. I even join in on the Pimms (from time to time). I just wanted to ask, do you martingale your stake, if the first breakout fails? Like today for example, the first long breakout failed. Thanks in advance.Ignored
Dislikedt 07-48 the 00-00 High broke and is a fail, due to 00-00 low breaking. Look what happened. My 00-00 4 hour bar range high was 12264. Look at the price. it went to 12264.0 exactly, then dropped. This happens quite a lot. {image}t 07-50Ignored
Disliked{quote} Mr T, can you see what time it is??????? a bit early for you is it not. Good trade by the way.Ignored
Disliked{quote} The dog is usually fed at 7am so I usually watch the screen while the dog eats. Then I get Mrs T her cuppa.:-) By eight I am at screen or nearby until 10am. Euro or yen on 5 minute is marked up by eight am. Note yesterday E/J was not as fruitful as the day before. Losing session on that pair but small. But good days outweigh bad if stops are followed. EDIT: Mrs T just told me she has gardening task for me later this morning ( speaking as she looks over my shoulder at trading account) :-)Ignored