After price moved 30 pips in my favor i moved SL to BE.
Unfortunately it got hit!
Friday afternoon session is like that...
Unfortunately it got hit!
Friday afternoon session is like that...
Attached Image (click to enlarge)
After price moved 30 pips in my favor i moved SL to BE.
Unfortunately it got hit!
Friday afternoon session is like that...
now its going up again?
thats why i dont like fridays :/
mayby you should try closing half at some level like me then place sl to be?
i would do that especialy because see m1 clean div on stoch so it was quite possible that will be quite big break down
(i like watch my trades on m1 sometimes as it go
)bdw tkanx for the pdf about the div . very easy writen
shame
now its going up again?
thats why i dont like fridays :/
mayby you should try closing half at some level like me then place sl to be?
i would do that especialy because see m1 clean div on stoch so it was quite possible that will be quite big break down
(i like watch my trades on m1 sometimes as it go
bdw tkanx for the pdf about the div . very easy writen
Have to come up with some rules for re-entries, i guess. These would be good in case your BE is hit or you missed the initial entry for some reason.
Well, anyways, enough for me this week!
See you all next week
Have a great weekend!
Regards,
snu.
- #24
- May 21, 2010 11:20am May 21, 2010 11:20am
- | Joined Dec 2007 | Status: Wish I had more capital !! ;-) | 1,050 Posts
- #25
- Edited 3:00pm May 21, 2010 1:27pm | Edited 3:00pm
Please do post a screen shot, but also can you give what
are your rsi settings, etc? Could post template
so we all can see and understand what you see.
Much appreciated. All the best
Good pips to you on the new setup SnuSnu!
Brian
are your rsi settings, etc? Could post template
so we all can see and understand what you see.
Much appreciated. All the best
Good pips to you on the new setup SnuSnu!
Brian
It's pretty much almost the same as yours.
I don't use a Stoch, I use a 14 RSI
When RSI is OS in the 15/30m TFs, I'll watch the 1/5M TFs.
When RSI is OS and MACD is crossing up, I'll go long.
Just the opposite for shorts.
Very similar to yours.
I'll add one of my charts to your thread later tonight when I get a chance to sit down here.
Many pips to all !
Hi, Forex Girl!
Any TF is fine and it's used pretty much like Zig Zag - it helps you identify price swings. You can adjust settings yourself, I personally prefer 8,13,34.
8 is for minor swings
13 is for intermediate
34 is for major ones.
Play with it and find combination which suits you the best.
Regards,
snu.
If I Change, the whole World changes!
bbolss, plz explain your entry in more detail, it seems i went in a little bit late.
basicly i watch m5 and m15 at the same times in 2 windows
on m15 im playing at Lou G method alf/tvi so as you can see here alf crossed at red line tvi green i have there stoch m15 and h1 in one window to not play "against some biger trend
" and on m5 window stoch for m5 macd ,drawing trendlines looking for div etcsometimes it is oposite o i see div and dhet wait for signal on m15 alf/tvi
something like that...
and second out with +45
