DislikedFirst of all I want to Thank you for share your easy system.
Here is another pictures for todayIgnored
The Big Dog Trading Secret 272 replies
Moving Markets at 7am - 1pm PST? (3pm - 9pm GMT) 2 replies
Question about big dog strat... 2 replies
Trading The Big Dog Pack ..howllll 26 replies
Who are the champion DOG pickers??? 6 replies
DislikedIs there a PDF for this strategy floating around anywhere for people like me who just found this thread? Just wondering before I start reading LOLIgnored
Dislikedi posted , but needs time it seems to be visible to you
because i got this message
(Your submission is not yet visible; it must first pass through the moderation queue. Submissions from Junior Members are hand-moderated as a quality control measure)Ignored
Disliked3 orders at 50 pips SL with proper money management works for me.
The total set of three orders if it were to lose represents 1.5% loss. Actually on my account it represents a .75% (less than one %) loss. I am about to increase lot size, but 1.5% is my max risk target for the three orders combined.
From a trading perspective,
Another way to look at it would be that you could open 1 order and if it goes in your favor, close a third at 10-15 pips, create a SL at BE, let the balance run, then close another third at some point, then close...Ignored
DislikedHey Mohamed,
Watching a pair on the Forex Market is not unlike being a surfer waiting to catch a wave.
Every wave is different. Every trade is different. If you are looking for a technical target, you can draw a extended fibo from the previous low to the previous high of the past couple hours and get an idea of the possibilities of what the breakout can do.
As this is a breakout strategy, I let the first trade close at about 15 pips or so, move orders 2 and 3 to break-even +1 pip. Then I watch the Fibo, or wait until a new S/R forms....Ignored
Disliked3 orders at 50 pips SL with proper money management works for me.
The total set of three orders if it were to lose represents 1.5% loss. Actually on my account it represents a .75% (less than one %) loss. I am about to increase lot size, but 1.5% is my max risk target for the three orders combined.
From a trading perspective,
Another way to look at it would be that you could open 1 order and if it goes in your favor, close a third at 10-15 pips, create a SL at BE, let the balance run, then close another third at some point, then close the...Ignored
DislikedI have been consistently profitable with this strategy for over a year now making at least 20 pips everyday.. I have changed it a little to suit me and it works great.. I'll post some pics here in a bit to show how I trade this strategy.Ignored
DislikedLooking forward to your method. I too like this method but have had some losses.
thanksIgnored