Attachments: The Advantage Of The Range With High Risk

The Advantage Of The Range With High Risk

#21
Aug 31, 2010 12:36pm Aug 31, 2010 12:36pm

Saintsurfer
Joined Aug 2009 | Status: Trader | 686 Posts

Quoting Saintsurfer

Disliked

Amaising, I wonder if it is a new holy grail.. hm, but maybe posible to avoid the blow up or at least to profit more before the four or more consecutive bars of range come after startin to take trades.

Ignored

Actually I think, there is no need to rush, there are very often at least four range bars before break out and it lesens the risk. I mean for 20 pips bars.

#22
Sep 1, 2010 5:54am Sep 1, 2010 5:54am

zebulon
| Joined Dec 2008 | Status: Trader | 532 Posts

Quoting Saintsurfer

Disliked

Actually I think, there is no need to rush, there are very often at least four range bars before break out and it lesens the risk. I mean for 20 pips bars.

Ignored

Of course, one day a range with 7 bars or more will come and we will loose 300 pips, but the question is : what will be the balance between few 300 pips loss and 20 or 40 pips win almost each days...

To reduce the risk, trades start at 8h (GMT+2), usually london open give us volatility.

#23
Sep 1, 2010 2:23pm Sep 1, 2010 2:23pm