Abade,
Please review and make a decision.
cpfleger
Please review and make a decision.
cpfleger
3
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Dislikedencryptedehs, You are close as I would recommend a SL below the Green Arrow for a Buy position. cpflegerIgnored
Dislikedencryptedehs, I usually tell newbies to read the entire post, watch KoF Video on page 1 as he talks about tough trades and points out alot of minor detailed information that most traders need. All TF's are okay but if a trader does not have much money in his / her account then cost averaging should Not be used as it will hurt your confidence and account balance. Fanning of the Price / Candles away from most MA's is the ideal opportunity to trade as we are in an odds and probability game. I open using a small lot size and will close at small profit...Ignored
Disliked{quote} that's fine, but have you considered how many pips it will take to reach that for any given pair being traded with cost averaging? does 10% look like enough now?! that's why money management and knowing historical highs and lows is VERY important... good to see another positive day from you, keep up the great work donny!Ignored
Disliked{quote} Will update when I have more. Posts take a lot longer to make when you are alt+tabbing back and forth every 20 seconds LOL.Ignored
Disliked{quote} well done mate it is so much nicer win when the brokers give you the extra cashIgnored
Disliked{quote} hey donny, the eurusd is holding above em200 on the 1M chart after being rejected strongly, and the faster ema's are about to cross ema200 on the 5M chart, so you will be facing bullish pressure, stop adding orders and enjoy the ride! it will take time for price to break back below ema200 on both charts, watch price action closely to exit, it should hit resistance soon enough... i'm not sure if you had any but you should set TP's on EVERY trade for situations like the one you just encountered, so work out your break even level, look for...Ignored