Daily candle chart

Quoting hussin naiji

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shahroodi
i think that we must see a test in 209 or even 211 with medium reliability and then fall to 202.60 or 201.
for sushi , we will see a large sell off 106.40 or 106.60
of course attention on Monday and Tuesday is close Tokyo also on Monday London ,
maybe we will see a cool market till on Tuesday
let see

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Quoting metatsock

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On EU sell signal on 25-Apr on weekly chart..... entry 1.5629 above +200pips
regards

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Quoting hussin naiji

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thanks dear TradeStar
i dont use from SL ,because SL isnot need
for information , i have traded since Date :2007.12.05 till 2008.05.04(six months)as follows:
total my positions 1253
total my positions with green pips +1170
total my positions with red pips -93
total net.profit $ 42648.57
only i have used with SL in 8 postion since past six months

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Quoting hussin naiji

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but about the second question ,in order to plan the position size ??

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Quoting hussin naiji

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hi dear Tradestar
beginning , thanks from you 4 your inclination to strategic of candlestick trading and welcome again to you in the world candlesticks.
first time , about your question "if you enter sell stop on the break of this candle , dont we need to know the stop less point at least mentally , in order to plan the position size ?
for example
in the daily candle chart EJ ,we have seen a bullish long legged doji Date 2008.02.07 , then we see a blue spinning top (confirmation ). after daily close this blue spinning top , i have enterred in the market with long position (155.73) but after this time , we have seen a fall for EJ (approximately -150) with a red opening bozu(lower wick 80 p) but after this red opening bozu, we see for EJ a uptrend with +500 p.
this observation shows to us my reason (i dont use from SL )of course dear Tradestar , attention this way is very good when you have distinguished correct direction of market .

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Quoting Happy68

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This position is OK, but what about AUD and NZD from 10-12 Februar? For me is not important your account. I`d like to know, what happens, if the position goes in red for long time?

here your posts and charts about AUD and NZD:

http://www.forexfactory.com/showthread.php?t=69786

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Quoting hussin naiji

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dear Tradestar
this question is about money management .this area is very large and my the English language is very bad, but my point of view about money management
the one thing that most traders know about money management , for example decide to risk 7% or some other say that no 4% ........
i think that these percentages are not important . perhaps thing is important , suppleness of yourself is in the each trade.
sometime i decide to risk 10% or sometime 3%
sometime i dont trade on gross rate , sometime i dont trade on major
and ......

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Quoting hussin naiji

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shahroodi
i think that we must see a test in 209 or even 211 with medium reliability and then fall to 202.60 or 201.
for sushi , we will see a large sell off 106.40 or 106.60
of course attention on Monday and Tuesday is close Tokyo also on Monday London ,
maybe we will see a cool market till on Tuesday
let see

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Quoting TradeStar

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Dear hussin naiji,
Thanks for taking efforts in explaining your approach.

I was not asking about the actual % of risk. Like you said it could be 1%, 2%, 5% or whatever.

My question is, Unless you know in advance, the price point where your trade will be considered a failure (in terms of red pips from entry point) how do you calculate your position size to match your planned risk.

I am also keen to see your response to Happy's post.

Many thanks again for your contribution

TradeStar

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Quoting zamiriqbal

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Dear Meta Stock.

Is ee you are using the Steve Nison candle service. Is it true?? How is it going?? also, how can i subscribe to it and which platform is it available on???

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