...there is a repeating pattern of bearish hidden div on dly (valid whilst under 1738,) and on the wkly too (just,) and this may stay valid whilst under 2293.
Trader with an Edge.
Cable Update (GBPUSD)
- #701,981
- Oct 31, 2022 1:40am Oct 31, 2022 1:40am
- Joined Apr 2020 | Status: Trader | 8,806 Posts
Trader with an Edge.
- #701,982
- Oct 31, 2022 1:41am Oct 31, 2022 1:41am
- Joined May 2022 | Status: I'm Done | 2,577 Posts
{quote} Thank you Mr Wolf. It's certainly worth trying. It will be an interesting adventure, no matter what happens
- #701,983
- Oct 31, 2022 1:46am Oct 31, 2022 1:46am
- Joined Apr 2020 | Status: Trader | 8,806 Posts
Trader with an Edge.
- #701,984
- Oct 31, 2022 2:21am Oct 31, 2022 2:21am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #701,985
- Oct 31, 2022 2:21am Oct 31, 2022 2:21am
{quote} Hey Martinez, try this. (indi below, not mine but play with it) Finger cross just want to show off, not sharing. Don't show if you dont want to share.It's called phishing. {file} {file}
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
- #701,989
- Oct 31, 2022 2:37am Oct 31, 2022 2:37am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
[quote=Indiara;14202467]Yaaaaay, I got to finish at a more or less normal time today! I went into work on Satuday to help re-organise the rosters, and it went well. Hello friends, I hope that you all had a good weekend of fun and laughter I tried to work out a spreadsheet that not only is just to see where my could be at any point in the future that I choose, but also to have input of the startin
Hi, we had another inside bar on U/J 4 hour chart last Fri uk time<<<<<
Trade well.
I tried to work out a spreadsheet that not only is just to see where my could be at any point in the future that I choose, but also to have input of the startinHi, we had another inside bar on U/J 4 hour chart last Fri uk time<<<<<
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #701,990
- Oct 31, 2022 2:38am Oct 31, 2022 2:38am
- Joined Apr 2012 | Status: Stunning | 6,815 Posts
Yaaaaay, I got to finish at a more or less normal time today! I went into work on Satuday to help re-organise the rosters, and it went well. Hello friends, I hope that you all had a good weekend of fun and laughter
I am missing your Stop Loss management in this setup.
Lets say you have an account of 10.000 and you are risking 1%, then you can use 100 $.
In your setup you will be buying 0.01 lots, which in essence means a stop at 1000 pips.
You can do that, it gives you enormous room for draw down.
But if you can place your Stoploss effciently it will determine your Lot size.
So same setup but now i will place a stop:
10.000 account, risk 0.01 > 100$ risk.
Looking at the chart i think a 20 pip stop is a good place for my Stoploss (e.g. above a fractal or an SR level).
Now your lot size becomes:
100/20/10= 0.5 lots.
Your risk is the same in $ amount but your reward is alot more.
So your $$ risk is the same (1%) but as your SL varies your Lot size varies too.
Risk-management is not just how much you are willing to use from your account but also at what level you are willing to take a loss.
If you use MT4 its fairly easy to make an indi that calculates the above.
in wondering about yourself, you forgot what you came here to be part of
- #701,993
- Oct 31, 2022 2:41am Oct 31, 2022 2:41am
- Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts
[quote=billytt;14202556]
I was too tired to trade on Friday. It was a crazy week for me, but this week should be more settled
Yaaaaay, I got to finish at a more or less normal time today! I went into work on Satuday to help re-organise the rosters, and it went well. Hello friends, I hope that you all had a good weekend of fun and laughter
I am neither brave nor stupid...I am just a part time trader
!! Radha Radha !!- #701,995
- Oct 31, 2022 2:43am Oct 31, 2022 2:43am
- Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts
{quote} Hope you dont mind a comment on this
Yes, there is lot's to think about before I attempt this, and it will be good to find the best approach before I begin
I am neither brave nor stupid...I am just a part time trader
- #701,997
- Oct 31, 2022 2:48am Oct 31, 2022 2:48am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #701,999
- Oct 31, 2022 2:57am Oct 31, 2022 2:57am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes