DislikedRight on. Makes sense. Do you regularly use the daily chart to help determine the quality of the trade and/or confirm exits and entries?Ignored
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DislikedRight on. Makes sense. Do you regularly use the daily chart to help determine the quality of the trade and/or confirm exits and entries?Ignored
DislikedFind attached my current GBPUSD chart.
Notice the 21/89 cross long, pullback to 21, and then trend continue?
Maybe post a picture of your chart and I can look to see why you didn't get a signal.Ignored
Dislikedi think there is something wrong with my charts. no 21/89 cross showing yet.Ignored
DislikedIt's doing very well. 55 pips locked in thanks to the big spike and the Trailing Stop.
BTW, I thought that also, but it seems SBH has appended U/CHF to the list of pairs.Ignored
DislikedWatch for possible E/U long & E/J long coming up.
My trades:
Long - G/U, A/U, G/J
Short - U/CHF
For all trades I've put a Trailing Stop of 2.5 times their H4 ATR - so far so good.
I change the trailing stop at the start of each morning.Ignored
Dislikedcoming from money management concepts only....
1. add should be only when we are in profit
2. no more than 3 adds (including original trade)
3. add trade will have same SL/TP concept as original.
for this system, i would consider add only when the current trade is closed in profit. its like a new trade with same entry/exit criteria. but if your backtest results prove that only the first cross gives good profitability, not the subsequent crosses then we can remove this idea
has anyone tried this on H1 ? sometimes H4 is too slowIgnored
DislikedAccording to my chart, I closed out the USDJPY trade and am looking for a sell position. I am on the same page as everyone else?Ignored
DislikedMy G/U long met my 2.5 x H4 ATR(20) trailing stop... for a couple of pips profit.
Looks like I will have to bump the ATR multiplier to 3.0 next time round for G/U.
Trial and error.
G/J is in range, will be breaking out soon....Ignored