Trading the Cable swings via averages

Quoting Nala66

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{quote} No, we don't wait. We have already waited for the EMA's to bunch up. We look for the signal to start them spreading again. If we are wrong, we lose a little bit. If we are correct, we compound the winnings. We want to see a bear div take it across the EMA and then find bear support to make its run and watch all the EMA's roll over short.

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Quoting Nala66

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I don't know why this is posting double?

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Quoting Nala66

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{quote} Sorry I have been so long, but I cannot find the reference to this in any of my books, I know I have read it in one of them. You cannot continue to infinity. You can no longer trade when you cannot cover the cost of a lot. There is stuff missing from the equation. What pip distance represents your 15% to 20% gain? What pip distance represents a 10% loss? As your account gets smaller so does your ability to buy lots. By the time you get to 50% loss you only have half the money to get back your losses. You now need a 100% gain to get back...

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Quoting 40PipsAlan

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{quote} I concur with this one Nala. I have blown many a demo account over the past 5 years using ideas like this. Stick with the 1% per trade and aim for 2% win for the day. I will post an indi this weekend to show 1% available equity on the chart. A

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Quoting eliotjng

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{quote} Hello Alan, that is something i found out myself, so i don't know which books it from but since it is simple logic, maybe it appear on some books. About pip distance, I usually risk 1% per trade, I don't entry good like you so my stoploss usually around 8-10 pip. With my target 15% before increase risk, then i need around 150 pip. For down size trade, it will take around 100 pip loss. If i want more safe, i will switch to 0.5% per trade, and my target now become 300 pip. I don't mean to abandon your method. The method i state is just help...

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Quoting Fantaburk

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Ouchie {image}

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Quoting Fantaburk

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Ouchie {image}

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Quoting Nala66

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{quote} Hard lines on this one indeed. {image} My chart is a little different from yours. Between your entry and stop out the price on my chart never crossed the EMA. {image}

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Quoting Nala66

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{quote} Hard lines on this one indeed. {image} My chart is a little different from yours. Between your entry and stop out the price on my chart never crossed the EMA. {image}

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Quoting eliotjng

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Loss few yesterday action, i saw up trend, but not see any signal on HTF to entry on M5. I later try a few scalp in US session and got burn {quote} Hello Alan, can you show me how to move stoploss with 2 bar test ?? Is it something like chart below, everytime price form 2 bar test and finish test, we move stoploss to nearest low ? {image}

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Quoting Fantaburk

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{quote} Always tough to take, but more happy that reading the charts correct. The rest will follow suit I hope. Not fully sure what you mean with not crossing the EMA.

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Quoting Nala66

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{quote} Between those two small circles and within the larger on my price did not cross the EMA, but it appears yours did.

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