already 50 pips profits booked on half the lots with stop at break even
these are all over the place daily
these are all over the place daily
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Dislikedalready 50 pips profits booked on half the lots with stop at break even
these are all over the place dailyIgnored
DislikedGJ +40
price crossed below gann...waited for retrace, sold at 146.90 and target was 146.50.
EDIT: I'm seeing that if you apply fibs on M1 and there is a 50% retracement, there is often a good chance the 200 fib will be hit.
Cheers
canuckctIgnored
DislikedI think that signal was particularly strong because the gann and 50% fib were at the same place.Ignored
Dislikednice...would you mind explaining in some detail what you are doing with your trendlines and your fibs and what other considerations you have when taking your trades.
Thanks
CanuckCTIgnored
Dislikedim just buying dips and selling rallies on or around trendlines, S&R, fib levels and round numbers, in the direction of the trend of course
EDIT: just closed the remainder of my position on that last trade for 160 pipsIgnored
DislikedSomething very simple I read on a thread here, might be jacko or james16 im not so sure.......
Zoom out on your chart a little and look left to right and it should be pretty obviousIgnored
DislikedI think that signal was particularly strong because the gann and 50% fib were at the same place.Ignored
DislikedLearn to trade fibs. If you are having trouble, use the trading simulator: http://www.forexfactory.com/images/attach/zip.gif Trading simulator.zip
The trick to trading fibs as I see it is knowing what to use as a point for drawing the high/low.Ignored
DislikedSomething very simple I read on a thread here, might be jacko or james16 im not so sure.......
Zoom out on your chart a little and look left to right and it should be pretty obviousIgnored
Dislikednice short trade i took earlier before i stepped out, came back and saw tp hit beautifullyIgnored