DislikedNice Pin + Div, but probably should have got out after 3-4 bars not going my way, any comments?Ignored
- #1,719
- Oct 27, 2009 10:25pm Oct 27, 2009 10:25pm
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
James16+Rayanmcd(Jan kone) and ME 7 replies
DislikedNice Pin + Div, but probably should have got out after 3-4 bars not going my way, any comments?Ignored
DislikedI'm guessing Jankone will comment here too, but I can give you my experience. I am currently in my second month of formal demoing this method. I read through this thread and RyanMCD's posts prior to demoing.
From there, I was able to come up with several profit taking strategies that I'm testing on each trade I take. I will post these results at the end of the month, but here are the strategies I'm testing.
I only trade E/U 5Min with this strategy. I generally enter on the break of the pinbar, but do sometimes enter on close of bar. I always...Ignored
Dislikednot perfect trend continuation pinbar, risky trade... on eurjpy TF15...
Short 136.72 with initial SL at 136,92.
Risky trade, so it must have higher TP, set it to 1.5R at 136.42 for 30pips...
move SL near entry 1 min before the news. TP reach in 1 secondIgnored
DislikedRedart,
Good pin-bar however you are trading into many bar lows just before the pinbar. If I took that trade and see price stalling for over a couple of bars...in this case five bars. I will go ahead and kill the trade and wait on the next one. That is just me though.Ignored
DislikedEUR USD 15min
CT trade , Div + Nice Pin
anybody advice on this trade?
Cheers
WinstonIgnored
DislikedA+ trade. m15 nice pin nice div, but it's still counter trend.
this happens sometimes.Ignored
DislikedYeah !
Perhaps it would be a good idea to gather and hunt good pinbar with modern way to exchange information, for those who are online at the same time...
Maybe with something as msn, icq, irc or so...
I know trading is a solo activity, but sometimes...
anyway, thanks Jankone for the thread.Ignored
DislikedYeah !
Perhaps it would be a good idea to gather and hunt good pinbar with modern way to exchange information, for those who are online at the same time...
Maybe with something as msn, icq, irc or so...
I know trading is a solo activity, but sometimes...
anyway, thanks Jankone for the thread.Ignored
DislikedI did trade this one, it was good trade, he had
chances more than 50%.
(updated chart. I'm out now .This one was loser, but trend pinbar before was great ride)
Ignored
Disliked....
Need your advice on this :
My first stop loss was on the high of the pin bar, at about 10 pips from open position. To be profitable in LT, I should have had a TP about 2 times the SL, no ? Is it a good idea to move SL to BE when hit my first target price (on the TL) and wait for TP at 2R to be taken ? (R = Risk)Ignored