MY GOD
I took 160 pips in less than 10 seconds
O_O
I took 160 pips in less than 10 seconds
O_O
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #166,285
- Mar 18, 2009 1:25pm Mar 18, 2009 1:25pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #166,287
- Mar 18, 2009 1:26pm Mar 18, 2009 1:26pm
- | Joined Jun 2008 | Status: Trader | 1,079 Posts
Hello everybody
I've found this tool in THV thread I thought to share it .. it might be useful for everyone.
This determines the stop loss based on ATR on which time frame you are trading.
I use 1.5 for "multiplier" as %150 of ATR (20). Right now it tells me to set my sl on 15M chart at 40 pips for GJ based on current volatility of the market.
Cheers
I recommend you read something else as this sentence is now concluded.
- #166,288
- Mar 18, 2009 1:27pm Mar 18, 2009 1:27pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
holy..... what the hell was that?
also the sell was done on low volume buyers were sitting there waiting to scoop this up !
- #166,289
- Mar 18, 2009 1:27pm Mar 18, 2009 1:27pm
- Joined Jul 2007 | Status: Following The Trade Winds | 8,442 Posts
- #166,294
- Mar 18, 2009 1:32pm Mar 18, 2009 1:32pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
look at that pin bar on the 1hr chart unreal. . .
- #166,295
- Mar 18, 2009 1:32pm Mar 18, 2009 1:32pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
There u have it
INTENTIONS seem pretty clear now LOL
I've already sold it for 150 pips i think it will be revisited again shortly. . . will re-buy it then. . .
- #166,298
- Mar 18, 2009 1:32pm Mar 18, 2009 1:32pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
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