DislikedNothing particular comes to mind. But any help is appreciated. What do u have?Ignored
- #681
- Sep 18, 2023 11:00am Sep 18, 2023 11:00am
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
- #683
- Sep 18, 2023 11:43am Sep 18, 2023 11:43am
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
- #685
- Sep 18, 2023 11:52am Sep 18, 2023 11:52am
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
{quote} And you are willing to spent 40+ mins of your time with someone you don't know for free?
So put a post in cable thread to ask if i am and that should put your worries to rest pal
- #689
- Edited 9:23am Sep 20, 2023 9:07am | Edited 9:23am
Everyone, I included, is waiting on FOMC announcement today. While waiting I decided to take a CT trade on UC & EU.
SO far UC gave me 1:2 and that was my TP.
On EU I am targeting 1:3, thus I am still in it but I might get out sooner than than.
UPDATE: I chickened out. EU 1:2 instead of the planned 1:3.
A feather in the hand is better than bird in the sky.
SO far UC gave me 1:2 and that was my TP.
On EU I am targeting 1:3, thus I am still in it but I might get out sooner than than.
UPDATE: I chickened out. EU 1:2 instead of the planned 1:3.
A feather in the hand is better than bird in the sky. 
UC momentum is bullish, but I saw a CT opportunity for 1:2. EU has bearish momentum, but a CT opportunity was present, so I bought for 1:2 instead the 1:3 since it is CT. P.S>> On EU I did enter earlier in NYKZ but got stopped out. However, my idea was still valid, so I entered again only 3 candles later. {image} {image}
According to your trading plan, what time periods were you using for LNKZ and NYKZ?
The screenshot below is the timings I used for mine. Chart is UTC-4 NY Timezone. When I check the trade that you got stopped out on my chart, it was outside of my KZ. You may want to check your KZs? But if the KZ timings were intentional, based on your own backtests / trading plan, then that's OK.
With SFT to upside in effect on UC I took a long position (dashed red, yellow, green lines). However, with recently created 4H fractal High I was considering momentum slowing down and possible drop in price. So, to hedge my long I took a short (solid red, yellow, green).
I am proud of myself for doing that, considering the fact that I never look at hedging my positions because that'd mean I doubt my initial judgment. I guess back testing helps fighting my ego.
I am proud of myself for doing that, considering the fact that I never look at hedging my positions because that'd mean I doubt my initial judgment. I guess back testing helps fighting my ego.
- #699
- Oct 3, 2023 10:13pm Oct 3, 2023 10:13pm
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Hey guys, I have never been much involved with forex factory community. Today I was just going thorugh the TDI thread( the one with the most replies on "Trading Systems") when I came across this one. Just recently I got the course of Evolution Market which explains the "Power of Two" strategy. I have the link if someone wants I can share it(payment being 1% share on Tesla, LOL). I'm not too sure about the rules and reguations here and more so if I am allowed to share it or not. So if it is allowed I can share it.
Thnx
Jess
Our AWESOME IMAGINATION is the true holy grail!
- #700
- Oct 3, 2023 10:34pm Oct 3, 2023 10:34pm
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Our AWESOME IMAGINATION is the true holy grail!