DislikedDoes this IPB hold much PA relevance, or was this a reaction to some sort of news data? This one really took off!
(Just getting my head round IPB, though not trading).Ignored
g.
I believe . . .
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedDoes this IPB hold much PA relevance, or was this a reaction to some sort of news data? This one really took off!
(Just getting my head round IPB, though not trading).Ignored
DislikedMike or anyone else who has been watching this.
Did anyone execute this as a break out and curious as to which bar you entered. Here is a daily chart. I would trust you would have entered on a signal from a smaller time frame.
I'm posting it up to stimulate some discussion how to execute these.
All comments welcomedIgnored
DislikedHey Bill
I don't have any breakout patterns that I find tradeable on this one so nothing from me on this one personally. Just watching 7500 for clues since it is a big PPZIgnored
DislikedAttachment
sell stop at 0.9558 , sl 0.9985 and tp around 9840.
my line. anyway i wait for huge sell off due bearish divergence on weekly frame.
Phanti
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DislikedHi Pinbar, no no I meant the Breakeven. Moving SL to Breakeven.
I learned the hard way that physical SL is a must of course. There is no doubt about this in my head... but my dizzy head is questioning the BE concept now, lol, do you move to BE quickly or how you do it? For example as I noticed Mike is not that quick with BE, instead he slowly reduces risk. How you do it?Ignored
DislikedSome months ago, I had problems with this EA. I demoed it well, so I thought took it live and had some unfortunate experiences with it. As best as I remember, there were a couple of issues I encountered. One I remember is having multiple lots of the same pair. I no longer use it.
I am still searching for a reliable break even EA with having different profit targets.
Recently, I have downloaded a free trial of MYFX. But, I have not had the time to test it.
Anyone using a reliable EA Breakeven with Multiple Profit Targets, please let me...Ignored
DislikedHey Adi and Bluetrader,
I'm also happy about MT4 with Oanda.
With MT4 you can not have less than 0.10 lot size but we can go around that matter easily.
I'm demoing it and what I do is to set the trades in the FXgame/trade platform with the units I want, and once they are triggered, I managed them in MT4.
This means you can have the flexibility of the units already available with Oanda, with the possibility to manage the trade with an EA.
I hope this is clear enough for you guys.
Cheers,
NosIgnored
DislikedHey Adi
Once you realize that there isn't one single way to make things work you will ease your mind....Ignored
DislikedYeah that is actually a good horizontal line on daily.... I opted to stay out because price is under 135.00. It definitely has potential to be a good trade for you.Ignored
DislikedI desperately need EA to Break-even and to take multiple profits.. Most of time, I don't monitor my trades.Ignored
DislikedHi, Mike, very strong points, thank you very much! You know sometimes I felt that whatever method I choose I will get somehow similar results, just like you said every method has its trade offs... I mean if my picks are bad I will fail with BE or without... so yeah maybe I need to focus on my picks more.
I think I will just stick to my simple BE rule. For now. For some time...
Sorry for bringing this subject up so many times! Thanks.Ignored
DislikedTrue. Interesting that we now have a BUOB off the 9650 on the daily. (Again if we close as one).
g.Ignored
DislikedThere is nothing to apologize for bud
I just want you to understand that whatever method you choose to refine and make work for you will have its ups and downs....Ignored