Signal on USD/JPY now what do you think?
Looks good to me?
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DislikedHello Pilatus,
Signal on USD/JPY now what do you think?
Looks good to me?Ignored
DislikedHi
Been away for a couple of days (work!)
Its from www.trading-evolution.com
Read #3020 and #3023 from Pilatus on this thread.
CheersIgnored
DislikedWhy?
Here was my resoning for going in:
Steady price movement beforehand 30 Pips. Agreement on higher timeframes. Below volume line. No evidence of strong support. Delayed entry due to two bull candles. Small SL 10 Pips due to Small profit target 20 Pips.
What do you think was the risk? Was it because it was too close to the Support 2 Line?
CheersIgnored
DislikedWell buddy do not take that emotionaly, but for me is risky. Here is why.
No Problem my friend.
I wasn't taking that emotionally, sorry if it came across as that. I understand that sometimes it can seem like that because we can't tell the tone of someone when they are writing as opposed to speaking face to face, which is why I always prefer to speak face to face.
I just want to learn from your valuable input as it has been very important in my picking of trades. I just want to be able to pick the best trades and do not...Ignored
Disliked
Hi Pipinaintez, to be honest you better learn from piltaus, I am not good at using this system. I am great only on hindsight... when I use the demo trade I usually lose.
I believed and still believe that original system has a winning rate of 60%, and with additional criteria discussed along this thread the winning rate should be well above 70%, but when I really take trades in realtime I got winning rate below 50%.Ignored
DislikedWell I do next: if r/r ratio is ok I will enter a trade, when price reach resistance stop loss to breakeven, took half and let other half to go. Always look on r/r ratio before enter a trade no matter what resistance or support you see in front of you.( pivot, volume, etc)Ignored
DislikedHi Everybody
I see that it is very popular system so I have two questions:
1)Do You see somewhere EA which basic on Trend Follower?
2)Is it still effective system?Ignored
DislikedHi Pilatus and all
No Good trades to report today from my currency pairs....Ignored
DislikedThere are 2 reasons why I did not take this trade, first is that price alreday make nice move about 200pips, and second near W1 pivot. Although everything looks that price can not go up more still there was nice move up on other pairs. There is always new oportunitiy if you miss some trade wait for another one less riskier.Ignored