Mine too.
BTW, I'm thinking of using BE this time (after lost experiences las week! LOL). From the discussion few days back 125 pips after trigger is 'the' great number.
Any other suggestion?
Tats to play safe, i did that too
trade safe 
- #1,341
- Jul 27, 2009 1:37am Jul 27, 2009 1:37am
Tats to play safe, i did that too
- #1,342
- Jul 27, 2009 1:38am Jul 27, 2009 1:38am
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
Plasvegas . . . in response to the private message you just sent me (twice for some reason), I have absolutely nothing to say. It just confirms what I already thought.
As I said before, good luck on your trading . . . and reading the thread.
As I said before, good luck on your trading . . . and reading the thread.
Greetings from Guanajuato, Mexico
- #1,343
- Jul 27, 2009 1:48am Jul 27, 2009 1:48am
Plasvegas . . . in response to the private message you just sent me (twice for some reason), I have absolutely nothing to say. It just confirms what I already thought.
As I said before, good luck on your trading . . . and reading the thread.
"Everything subject to destruction before even be created"
- #1,346
- Edited 2:18am Jul 27, 2009 1:57am | Edited 2:18am
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
Lets focus on trading here.
cheers
Garfield
Greetings from Guanajuato, Mexico
- #1,347
- Jul 27, 2009 1:57am Jul 27, 2009 1:57am
I am using trail stop; it will move my stop loss to breakeven once it move 1X of the box and my target is 2X of the box height...
g/j looking gd so far~ TS is another good option. dun trail too cls IMO.
once ur s/l @ BE, u got nuthing to lose. win or BE.
plasvegas and yen44x, chill man ok. make an effort to aleast read the 1st few pages and u will know the system setup
we are here to share and help so no hard feelings ok
trade safe
- #1,351
- Jul 27, 2009 2:47am Jul 27, 2009 2:47am
- Joined May 2009 | Status: step into liquid | 3,460 Posts
- #1,353
- Jul 27, 2009 6:40am Jul 27, 2009 6:40am
- Joined Mar 2009 | Status: Getting closer to ...... | 1,787 Posts
- #1,354
- Edited 6:52am Jul 27, 2009 6:46am | Edited 6:52am
Want to thank you for this great system, it is what I have been looking for. I have been trying it on a demo for 3 weeks (this is the 4th) and total 600 pips so far (after a nasty hit last week, was at 900 something before that). This week looks like another good one.
Think I will go live next week on it. Thank you again for sharing, as a Canadian in Thailand is nice to work from home (hate work permit and visa issues...lol)
I have included the spreadsheet I use for calculating (based on your system). My numbers are very slightly different but I am using FXCM for my broker.
Think I will go live next week on it. Thank you again for sharing, as a Canadian in Thailand is nice to work from home
(hate work permit and visa issues...lol)I have included the spreadsheet I use for calculating (based on your system). My numbers are very slightly different but I am using FXCM for my broker.
- #1,355
- Jul 27, 2009 6:50am Jul 27, 2009 6:50am
By shifting your SL to BE at this point is serverly limiting the room that the trade has to run, and essentially mature. If you are locking in BE just because you dont want to loose then you need to do a few things and the first thing is to look at your plan.
IF you dont have a PLAN then you need to create one and incorporate the risk that you are prepared to place and loose, and understand that you need to accept the loose part. There are no easy ways to trade but by letting your emotions lock in BEs, especially when this system is based on...
i cant agree u further more abt the risk involve in tis system.
however diff pple practice and allow diff level of risk in their trade.
for me if i cant monitor the trade. i wound put it on S/L @ BE. while others like to lock in profit as it move along tp1, tp2 tp3 or even further.
how much it how much? it really depend on ur risk threshold.
winning N losing is part of the trade~
trade safe
- #1,356
- Jul 27, 2009 7:19am Jul 27, 2009 7:19am
- Joined Mar 2009 | Status: Getting closer to ...... | 1,787 Posts
i cant agree u further more abt the risk involve in tis system.
however diff pple practice and allow diff level of risk in their trade.
for me if i cant monitor the trade. i wound put it on S/L @ BE. while others like to lock in profit as it move along tp1, tp2 tp3 or even further.
how much it how much? it really depend on ur risk threshold.
winning N losing is part of the trade~
All in all everyone is different which is what allows the liquidity of these markets. There is a distinct difference however between emotional and controlled trading, even when you in an arena governed by randomness and probabilities. Have a plan, execute the plan and accept that in time you will take some hits and some winners, how you manage the winners will determine how long you play the game.
Razor
- #1,358
- Edited 10:36am Jul 27, 2009 10:18am | Edited 10:36am
I re enter the price today when the candle is breakout at monday 4H line.
See it will go to TP1 or not (now already at the 40% to TP1). the Stoch give the sign it still a buy movement which now is the asian market open. could be it will hit resistance and bounce back?
Hi Hafizal,
I'm new to this thread and post. I have a question..what indicator are you using on your chart? I see you have 2 different kinds of indicator: one with a dark blue and red line and another one that follows price action with a light blue and red line. Would you mind sharing these indicators with us?
- #1,360
- Jul 27, 2009 10:52am Jul 27, 2009 10:52am
- | Joined Dec 2006 | Status: AKA "Yen" | 1,654 Posts
This week everyone is happy rather last week....
I'll be happy when a position actually closes. But at least we're in positive numbers. Greetings from Guanajuato, Mexico