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Dance of the wick

  • #241
  • Jun 15, 2:06pm (41 hr ago) Jun 15, 2:06pm (41 hr ago)
I practiced a little bit, with breaks, as much as possible. Had a lot of small scalps and a good runner with +324pip, a few losing trades but overall +800 pips, R:R 1:8 today. That's more than good. . I like this game with this style
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  • #242
  • Jun 16, 2:23am (29 hr ago) Jun 16, 2:23am (29 hr ago)
Big fat gumps still running. This is not only a scalp management but a combination of scalp and swing trading at the same time. I think of it like scalpin D1 chart but with a 30 pips SL
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  • #243
  • Jun 16, 3:14am (28 hr ago) Jun 16, 3:14am (28 hr ago)
New version has a hide botton to hide/show buttons of the panel on chart
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Trade what you see
  • #244
  • Jun 16, 3:17am (28 hr ago) Jun 16, 3:17am (28 hr ago)
Quoting ghbdr
New version has a hide botton to hide/show buttons of the panel on chart {file}
  • #245
  • Jun 16, 4:07am (27 hr ago) Jun 16, 4:07am (27 hr ago)
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  • #246
  • Jun 16, 3:32pm (16 hr ago) Jun 16, 3:32pm (16 hr ago)
Quoting ghbdr
{image}
Did you also sell at the same levels? I am asking because there would have been also nice sell possibilities and we are at the upper part of the screen. Or did you just go long because of your experience?
  • #247
  • Jun 17, 12:49am (7 hr ago) Jun 17, 12:49am (7 hr ago)
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  • #248
  • Jun 17, 12:50am (7 hr ago) Jun 17, 12:50am (7 hr ago)
Quoting kleybenny
{quote} Did you also sell at the same levels? I am asking because there would have been also nice sell possibilities and we are at the upper part of the screen. Or did you just go long because of your experience?
Yes I sold up there too but no gumpies survived. I keep my buys running
Trade what you see
  • #249
  • Edited 1:20am Jun 17, 1:00am (6 hr ago) | Edited 1:20am
Quoting ghbdr
New version has a hide botton to hide/show buttons of the panel on chart {file}
hi ghbdr
The new version of your trade manager is great. For me, I've made a small adjustment to the Break Even Offset, making it 30.0 pips instead of the default 20.0 pips. I found that when price was reversing fast back towards my entries, sometimes my BE trades were taken out with a small loss, due to the brokers not being able to match my BE prices when price was moving fast. This adjustment seems to have fixed that.
Also, even in a range-bound market like today's Asian session, I've still made good profits with trades being taken out at BE or better (your X3 Buy/Sell function is genius), including one very nice Gump.
Huge thanks to you.
We don't see things as they are - we see things as we are.
  • #250
  • Jun 17, 2:54am (5 hr ago) Jun 17, 2:54am (5 hr ago)
Quoting sonicvista12
{quote} hi ghbdr The new version of your trade manager is great. For me, I've made a small adjustment to the Break Even Offset, making it 30.0 pips instead of the default 20.0 pips. I found that when price was reversing fast back towards my entries, sometimes my BE trades were taken out with a small loss, due to the brokers not being able to match my BE prices when price was moving fast. This adjustment seems to have fixed that. Also, even in a range-bound market like today's Asian session, I've still made good profits with trades being taken out...
My pleausre friend. This is all about helpin other traders
Trade what you see
  • #251
  • Jun 17, 2:54am (5 hr ago) Jun 17, 2:54am (5 hr ago)
what is it with 4330?? price is stuck there, oscillating around that level.
Unless it breaks out significantly either way I'm not touching it.
might have to wait for FOMC.
We don't see things as they are - we see things as we are.
  • #252
  • Jun 17, 3:10am (4 hr ago) Jun 17, 3:10am (4 hr ago)
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  • #253
  • Jun 17, 3:28am (4 hr ago) Jun 17, 3:28am (4 hr ago)
better price
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  • #254
  • Jun 17, 3:35am (4 hr ago) Jun 17, 3:35am (4 hr ago)
wicks, wicks !
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  • #255
  • Jun 17, 4:26am (3 hr ago) Jun 17, 4:26am (3 hr ago)
Couldnt catch DL3 retest but managed to get in. Run forest run
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  • #256
  • Jun 17, 5:15am (2 hr 44 min ago) Jun 17, 5:15am (2 hr 44 min ago)
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  • #257
  • Jun 17, 5:40am (2 hr 18 min ago) Jun 17, 5:40am (2 hr 18 min ago)
Quoting ghbdr
{image}
Saw someone said the default break even was 20 pips, have you changed it from 11,2 and is it working better?

The way I trade it, I am happy to get to breakeven as fast as possible even if taken out a majority of the time. I still profit on it. I assume it also depends on when you get your entry. The more extreme your entry is the smaller be you can have since price is less likely to get back there, befor grabbing profit.
  • #258
  • Jun 17, 6:26am (1 hr 32 min ago) Jun 17, 6:26am (1 hr 32 min ago)
Quoting TranceGhost
{quote} Saw someone said the default break even was 20 pips, have you changed it from 11,2 and is it working better? The way I trade it, I am happy to get to breakeven as fast as possible even if taken out a majority of the time. I still profit on it. I assume it also depends on when you get your entry. The more extreme your entry is the smaller be you can have since price is less likely to get back there, befor grabbing profit.
My settings are 11.2. Didnt change it
Trade what you see
  • #259
  • Jun 17, 7:27am (31 min ago) Jun 17, 7:27am (31 min ago)
Quoting TranceGhost
{quote} Saw someone said the default break even was 20 pips, have you changed it from 11,2 and is it working better? The way I trade it, I am happy to get to breakeven as fast as possible even if taken out a majority of the time. I still profit on it. I assume it also depends on when you get your entry. The more extreme your entry is the smaller be you can have since price is less likely to get back there, befor grabbing profit.
Dont confuse the subject discussed in earlier post. We were talkin about BE offset. Trigger is at 11.2 pips and offset is the BE + pips set as offset
Trade what you see
  • #260
  • Last Post: Jun 17, 7:32am (27 min ago) Jun 17, 7:32am (27 min ago)
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