Dislikedsame pic little bigger maybe it is easyer too see enter on the close of the green pinbar but how to exit with a profit ??
best regardsIgnored
why too many lines it will distruct you to taking any trades
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Dislikedsame pic little bigger maybe it is easyer too see enter on the close of the green pinbar but how to exit with a profit ??
best regardsIgnored
Dislikedhi
jga
IMHO. it was only for educational perpose .
he showed us...Ignored
Dislikedstopped out with +5 pips.
i dont go long here anymore, cause there was a lower high made.
Not a clear situation for meIgnored
Disliked
about 98% of the time i enter close of the bar while everyone is still thinking opposite site of me.
i dont enter at the break out because most of the time price will sky roket.
if u enter at the breakout some time you wouldnot get filed or loss few pips.
remember pro plays opposite site.thats why price move so fast at the breakout and take all the stops out.
i will stop right now for this post other wise i can go on for hoursIgnored
DislikedHow do i draw lines not trendlines in metatrader but thicker lines like when sho is describing the waves in his chart ?
best regardsIgnored
Dislikedvictory83 ok i get it. but i been thinking. There are many retracement fib numbers how do you know with one to trade on there is like 0.23 0.38 0.5 .0.68 and so on do you trade on just one of them ? otherwise you can follow and have several losses before the market go back to the big trend. Or do you take the one that is most close to the middle keltner band ?
best regardsIgnored
Dislikedyou are right, but if you follow the price action and momentum, you could identify the impulse wave , so if you determine it, you could enter in retracements,i enter in high probability area (.50 .61) , but as SHO mentioned we stopped out several times but when the price hit the tp, not only we cover the losses but we will make money.
sorry if i could not explain as well as SHOIgnored
Dislikedhi jgadefelth
when i do not determine a stop loss, i never leave the chart .so i follow the market and exit the order in right place (which SHO explained it before)
i have some reasons in order to exit the trade like trend line, support resistance div ......
it depend on condition. i attach those pictures so as to confirm what SHO said.
you have to identify impulse wave and wait for correction and then enter the market.
Good LuckIgnored