DislikedI'm worried about the long tail before the green candle. Someone must have sold EU there.
edit: woops.. it shoots up. maybe a ZB on GU now? Will seeIgnored
i sold usdcad in the m5 retracement at 1.0095
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DislikedI'm worried about the long tail before the green candle. Someone must have sold EU there.
edit: woops.. it shoots up. maybe a ZB on GU now? Will seeIgnored
DislikedThere was a TC of the 89sma and also from a 3x higher low coming from TL support. It was within a triangle so for me it was to take the odds on for a breakout. the signal candle also found support on 1.5700 level. All adds up to a high probability trade.
Entered long at 1.5727
SL 1.5688
TP at 1.5800 and Fib 161,8%
I will close 50% after 25pips and set remainder to 25trailingstop.
Edit 1
50% closed for 25pips. Remainder set at 25 trailing stop
Edit 2
1.5800 was reached so set remainder at 1.5775
Edit 3
Remainder closed at 1.5775
Total gain (25+48)/2 = 36.5pipsIgnored
Dislikedah i wish i could trade like you Phillip, i am hardly positive in any trade atall...i missed this euro trade i took a Gu long earlier today after a tc on the MACD and the bounce of the 200 the news first made it extremely stressful for me and when it started to go up i was too feaed of loosing anything so set the stop at breakeven once i was +15 and i hit it, so i hardly seem to make money...Ignored
DislikedThere was a TC of the 89sma and also from a 3x higher low coming from TL support. It was within a triangle so for me it was to take the odds on for a breakout. the signal candle also found support on 1.5700 level. All adds up to a high probability trade.
Entered long at 1.5727
SL 1.5688
TP at 1.5800 and Fib 161,8%
I will close 50% after 25pips and set remainder to 25trailingstop.
Edit 1
50% closed for 25pips. Remainder set at 25 trailing stop
Edit 2
1.5800 was reached so set remainder at 1.5775
Edit 3
Remainder closed at 1.5775
Total gain (25+48)/2 = 36.5pipsIgnored
Dislikedhi
nice trade ,but the main reason i didnt entered was that tail befor the signal candle just like hijakmentioned .didnt u afraid of that tail ?
thxIgnored
DislikedThat tail was just a test of the upper part of the triangle. The weighting of the whole triangle was to the upside. I have studied a lot of triangles through the years of stock trading. The price itself made a nice round bottom as well confirming the high probability upmove. I love trading triangles especially to position myself for a breakout.
There is another thing and that is that I am in the positive over 3000 pips since Oct2007 so it makes it much more relaxing to take high probability trades on.Ignored
DislikedThere is another thing and that is that I am in the positive over 3000 pips since Oct2007 so it makes it much more relaxing to take high probability trades on.Ignored
DislikedHi Guys,
Please - Anyone can recommend me any broker(mt4 demo account) who provides:-
1. partial TP editting
2. trailing stop loss
3. possible no time limit demo account would be great.
right now I do demo with North finance. I couldn't edit partial TP & trailing SL seem not possible.
Thank you
pete.Ignored
DislikedHi Saka,
May I ask you the different between Macd color v102&v105. Because Palmer are using V102.
Thank you,
Pete.Ignored