Do we have a possible TC?
Any idea?
Any idea?
4 hour strategy (the nausbot - 4 hour trader) 11 replies
4 Hour Strategy Macd+other Indicator 21 replies
X-1102 1 hour , 4 hour and daily Tf trades 7 replies
Create a verticle line at certain hour for every certain hour 16 replies
Is the "4 Hour Strategy (MACD)" the best system here at FF? 20 replies
DislikedMy candle will close in 45 min, but so far looks good. Where would you TP be?Ignored
DislikedI do not see any long signal on IBFX. No logic to enter long when usd news are good!?!?
BTW the UJ short i posted earlier reached 21eMA and second part was closed manually. The result is 7 pips It was mistake trade but i didn't read enough from the thread to avoid such tades.Ignored
DislikedSee The Trendlines, Look how touched my Bottom Trendline.
I long at 1.3617 and now at 1.3599.
My ST at 1.3577.
TP at 1.3650
Wish me luck guys
MIKEIgnored
DislikedSometimes it seems like we need a little luck, but never trade counting on it Mike....
I think you may have forgotten 2 important things:
1) News--that big spike down was news-related, and I guess you're expecting an upturn from the trendline... okay, that is logical, BUT it's the news and you never know. Also, no MACD signal to speak of.
2) Money Management--your Reward to Risk ratio is 33:40... that's below 1... you want at least above 1, ideally 3:1 or so.
Now, it looks like you're at B/E as of time of this post, so good luck and I hope it turns out well for you. But if it does, I think it will be because of luck and not a good trade, so keep that in mind--you'll lose more trades than you'll win that way (trust me, I know from bad experience unfortunately).Ignored
DislikedI didn't take the trade as I was in doubt, need to test this pair, I didn't work with it before. What is your usuall SL for this pair? When I was testing USD/JPY I came to number 55 most of the time. It was good and for TP too.
I think you are sleeping nowIgnored
DislikedYou are right, I have to be more carefull!
I have read few minutes ago some news that saying that probably the 4 times that fail to reach 1.3700, maybe if the EURUSD do not reach 1.3620 Today, the way it is dow.
If it reaches 1.3593 again I will close it!
That why I am a looser, I am ver impulsive .
Bye
MIKEIgnored