Trading Made Simple(r)

Quoting pewebly

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Hi @RobinHood, First of all, thank you for all your great advice! May I ask for your feedback on this setup: Would you enter this trade? When would you exit, according to post 11490 (and your experience)? Thank you! {image}

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Quoting RobinHood

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{quote} You're welcome! Yes, I 100% would have entered that trade, but I would have entered 2 candles earlier than you show on you chart - BECAUSE...I saw everything was aligned to continue up. * I don't use the arrows on the smTMMS Oscillator. Yes, the exit was correct but I would have exited one candle sooner than you show you did. {image}

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Quoting pewebly

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{quote} Congrats to me, lol I spotted an almost perfect entry, haha It’s always a pleasure to see confirmation from a PRO — thank you for this! As always, I have a question: When you mention where you would enter and exit, do you mean after the marked candles are closed, or while they are still open? You marked 13:55 as the entry - do you enter at the candle open, or do you wait for it to close? I also noticed a difference between my chart and yours. I tried several times using both MT4 and MT5, but I can’t get mine to look like...

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Quoting Rafa745

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Hi, have a successful day. I know this might be a very tiring request, but if possible, could you please share the indicators and the template used on this chart? I really like your charts.

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Quoting Mr-X

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I have entered long on AUDUSD once 4hr TF was confirmed. The entry was based on 1hr TF. {image} {image} What do you think of my entry? SL and TP too tight? Sorry for asking noob questions, I am fairly new to trading. And yes, I am using a demo account. lol

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Quoting pusztafie

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Gold M5 {image}

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Quoting pewebly

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{quote} Hi pusztafie and thank you for your contribution! May I ask you about this order? I was thinking on it as well but I am glad I didnt place it because it would hit my stop. What is your RR and where do you usually place your stop? {image}

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Quoting pusztafie

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{quote} SL is 600 points, TP is 1500 points and I set a trailing stop at 250 points

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Quoting pewebly

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{quote} Thank you for this, it helps a lot! Since I see you as consistently profitable with Gold, is this setup only for this specific order, or do you use it as a general rule for Gold M5?

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Quoting RobinHood

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{quote} Hi, and thank you for your post. No trend following system is going to do very well during non-trending/consolidating market phases. CNBC used to do a "1 Million Dollar Portfolio Challenge" trading contest. I spent an inordinate amount of time collecting and studying the writings and charts of one of the past winners (because I like his trading style as it also fitted mine). His #1 rule was to: Only trade in a very strong trend, and only in the direction of the trend I think about what he said before almost every trade that I enter. He also...

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