DislikedBREAK EVEN = The price at which you opened the trade + spread.
P/L = $0.00Ignored
Oh, geesh! Me and my big brain. Thanks very mucho!
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DislikedHi E Lang,
I was looking for the signal and got confused how you came up with the above entry. I would very much like to enter while the price is still lower as of this writing.
Thanks,
BBIgnored
DislikedI was wondering if anyone thinks USD/JPY is a short signal off a 1 hour chart?Ignored
Disliked"hey lang what do you reckon about usd/jpy"
Yesterday, 6:09am
I reckon selling at the 115.30 after a visible crossing on the Daily Stochs at/around the 80 level.
This is also 25 EMA.
25 EMA will handle trends on the daily chart.
Regards,
E. LangIgnored
DislikedYou would have held the trade for 85 Pips.
Depending on how you managed it you would have made some sort of a profit.
You can't just let the trade take your SLs out before you consider doing something; you need to manage the trade.
You look it and see a loss, i look at it and see 50 pips cashed and maybe a close out at b/e.
Either way, based on other rules included in my Daily system you would have been looking for longs here, so you generally would have used a minimum cash check point of 50, rather than 100 or more.
The EMAs can't be used to guage here, other techniques are applied using the indicators on screen, but those wont be detailed here.
Regards,
E. LangIgnored
DislikedYou would have held the trade for 85 Pips.
Depending on how you managed it you would have made some sort of a profit.
You can't just let the trade take your SLs out before you consider doing something; you need to manage the trade.
You look it and see a loss, i look at it and see 50 pips cashed and maybe a close out at b/e.
Either way, based on other rules included in my Daily system you would have been looking for longs here, so you generally would have used a minimum cash check point of 50, rather than 100 or more.
The EMAs can't be used to guage here, other techniques are applied using the indicators on screen, but those wont be detailed here.
Regards,
E. LangIgnored
I teach the Daily System separately.
Now as for your dilemma:
http://img260.imageshack.us/img260/8134/tarr1.jpg