i just realized i misused the (sarcastic) icon before. it looked like the question mark icon(eyes rolling up..and thinking) to me. my apology if i offended anyone before.
James16+Rayanmcd(Jan kone) and ME 7 replies
Dislikedi'm still learning. some of the trades i wouldn't take, but it's personal choice, by the charts they all made money and that's what counts.
i'm curious though, why are you using 5 pip targets at the beginning? seem too small for good MM. what's your initial stoploss? if you don't mind sharing. (maybe you're more experienced than my guess??)Ignored
Dislikedslow week, first trade, +13.
i decided to add this range market setup to my practice, but only take the clear ones i can identify, will see how it goes.Ignored
DislikedJankone,
Reading through the thread (only at pg 7) and any
post by Ryanmcd. Learning more on PA.
Appreciate all the charts, explanations and commentary
for each trade taken or rejected by those contributors.
I like your approach... 'keeping it simple'.
Often the most innovative and profound come with simplicity.
Thanks,
[i][color=#0000ff]Dr....Ignored
Disliked7+7+11-19+14=20 pips
Not bad for a new learner of this method. I used a 3 pip trailing stop at +10 pips profit but I think I would do better either locking in 10 pips and set a tp or taking 1/2 off at 10 pips and let it run with a trailing stop or to a tp.
The loss marked with an X had a large stop below the wick. This was a risky trade with the large sl and it just had to be the one I lost... The 2 long candles prior to the signal candle may have been a clue that it was HOT going down. Any comments on this?
20% loss ratio is very good for...Ignored
Dislikedoh man, this is not A+ trading.
pls check again how the pin bar looks like and where should it be.
(swing high or low)
if you will trade like this, you will screw up sooner or later.
please, click on my profile and search for "m5 or m15 chart" and look at real pinbars and good trades
Ignored
DislikedWhat a beauty, too bad I was sleeping .
Ryan do you take pins from 34 with the trend, but which are above mid BB and 21?Ignored
Disliked7+7+11-19+14=20 pips.....
The loss marked with an X had a large stop below the wick. This was a risky trade with the large sl and it just had to be the one I lost... The 2 long candles prior to the signal candle may have been a clue that it was HOT going down...Ignored
DislikedJankone,
Reading through the thread (only at pg 7) and any
post by Ryanmcd. Learning more on PA.
....Ignored
DislikedWant to thank you for sharing such a simple system. I have a question. Whats the TP and SL on 15 min trades? ThanksIgnored