DislikedHi Niceguy
I have enjoyed your recent posts....keep them coming!
Can you share the EA you use for putting on a SL....sounds like a handy thing to have
PGPBIgnored
I am using THV Cave Manager EA and THV Pivots. It's part of the latest THV system. I believe you can find it easily in Trading System folder. I put the EA, daily pivot and basic RSI 6 indicator (from MT4 default) in the same EU M5 in other chart beside the Alf chart. Yes... I am a cheater beacuse I use another indi... But hey they are just tools.
I want the alf chart to be clean so I can concentrate on placing my trade. This alf baby is pretty powerful for entry and exit.
Here's another trade I took last night. Banked me 20 pips with this one. Should gave me more if I stay awake, but I was so sleepy.. So I use a fixed TP.
This is not good example actually, because my entry was based on:
1. Quality time I spent with EU
2. the way the price move in couple hours before which was Strong SELL
3. simply a signal from my brain.
I enter quick to keep relatively low SL with 0.1 mini lots only. I was prepared to lose this one. But I didn't.... it worked out nicely as my theory says....
My Ace on this trade is... Price hits Today's Open Level.
Actually I think it was not an ACE, maybe it was a king or queen trade ... No big lots for this one... (which I ended up regret it.. )