Entered at 1.4043.
Short trade....keeping my fingers crossed...
Short trade....keeping my fingers crossed...
The Big Dog Trading Secret 272 replies
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Disliked[IMG]file:///C:/DOCUME%7E1/Dev/LOCALS%7E1/Temp/moz-screenshot.jpg[/IMG][IMG]file:///C:/DOCUME%7E1/Dev/LOCALS%7E1/Temp/moz-screenshot-1.jpg[/IMG]On my chart, I have the top line at 1.4074 for a buy and the bottom line 1.4043 for a sell.
Waiting for price to hit either line.
Account size: $usd300
Can afford to risk: 25% of $300 = $75
Pip range: (1.4074 - 1.4043)*10000 + 5 pips (spread)= 36 pips
Can afford to play: ($75 / 36) = $2 per pip (rounded off)
Right now at 9.25 pm singapore time or 9.25 am NY time, price is hanging at 1.4055....Ignored
Dislikedwas the range not meant to be 1.4021+ 3= 1.4018 - 1.4073+3 = 1.4076
11.00am - 1.00 pm uk timeIgnored
DislikedBob...Bob...Bob,
I would be ecstatic with +120 pips. today! Please share with us how you accomplished this feat. After all, I am a bit jealous! LOLIgnored
DislikedFirst page....exactly the same, why want to change???But of course you need to apply BASIC technical analysis into it. If there is a strong support/resistance line above/below the break, of course I will not trade it. I assume this basic forex knowledge everybody should know.Ignored
DislikedI have been trying to code an MT4 EA for this strategy I have my own variations on it, like going 6am to 8am instead of the 7am to 9am, since I think you get more pips my way.
But i was hoping someone could help code an EA using the New York Box which I think was in this thread and make it enter trades and ext trades using the things including with the indicator.Ignored
DislikedWhich indicator do u use for draw support and resistance lines? Do u draw it on 15 min time frame or higher?Ignored