DislikedHi:
Thanks for the quick reply. Thanks for clearing up what opening time you were using, I was thinking it was just London. Continued good trading and thanks for contributionIgnored
TRO
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DislikedHi:
Thanks for the quick reply. Thanks for clearing up what opening time you were using, I was thinking it was just London. Continued good trading and thanks for contributionIgnored
DislikedHi Money4Nothing
in your charts I see an indicator that tell you of how many pips is composed the inside bar, and nother another one that indicates the remaining time to the bar end.
Can you tell me where I can download the two indicators?
Many thanksIgnored
DislikedIn the struggle between the stone and the water, in time, the water wins.
Chinese Proverb
How much is enough?
http://i44.tinypic.com/2j4c5mh.gif
Ignored
DislikedHi Money:
Very wise grasshopper, the water eventually turned this stone all the way back to B/E. I was wondering, what are you T/P rules usually. I know you mentioned you go for quick profits most of the time, but it you're lucky enough to catch a runner like this, how much would you let it retrace. Trailing stop, certain percentage of retracement max, etc. Any help you can give would be great. Trying to follow Peter's example, but watching all that disapear was tough.
JimIgnored
QuoteDislikedJust wanted to show a picture of the yen trade from yesterday that I luckily didn't close out. Here's hoping this is the beginning of one of those big trends that Peter talks about. Dale, are you still in this? Take care.
Dislikedguys, I want to start a chat channel for Dibs, whos up for it?
Please let me know cause I have an IRC server I already chat on we can make a room specifically for DIBSIgnored
DislikedHi folks:
I've been very fortunate the last two days to catch two good trades. I usually close out half my position at approx 1:1 and let the other half run. In the picture, you can see it retraced pretty severely, could folks give their input on what kind of trailing stop, either number of pips, % of gain retracement,etc. that you use. Thanks
JimIgnored
DislikedHi folks:
I've been very fortunate the last two days to catch two good trades. I usually close out half my position at approx 1:1 and let the other half run. In the picture, you can see it retraced pretty severely, could folks give their input on what kind of trailing stop, either number of pips, % of gain retracement,etc. that you use. Thanks
JimIgnored
DislikedJim, I was never one to follow rules either. That trade is not a DIBS trade by the guidelines in the first post of this thread. i.e. not taken in the direction of the day. Are you setting a straddle on the IB?
To answer your question. I usually manage my trade using price action on the hourly. If it lasts more than an hour or two I'm likely to move up a time frame. What I want is a "runner". It rarely happens, unfortunately...Ignored