are you in now?
Hi Stricky.
Still pending at 1.38838
Is this your first trade this week on your strategy due to the fact that you have not seen any other oppurtunities until now or just that you have been busy with other things
Do you trade live full time with other systems aswell , so not too worried for the wait
Would you normally just check the state of play once an hour as per the rules
I ask these questions cos I want to balance I suppose my life with trading and not just be stuck in front of charts all day
Especially as the summer starts to arrive I would like to make the most of it with my son
yet trade still , but at a slower pace and a system like this could hold the key
- #307
- Edited 8:18am Mar 3, 2011 7:21am | Edited 8:18am
- | Joined Mar 2010 | Status: Trader | 401 Posts
Order cancelled (candle closed below 15 EMA)
Wait for next setup.....
If that trade you just cancelled , had been triggered instead then , about 2 * 1hr candles later it went down, would you cancel it or wait and see
The reason being you would cancel a pending but would you cancel a live in the same conditions cos at 100 SL I am sure we know that the retracement is larger than we anticipated
Just like to know what you would do in the case of a triggered trade
Update , cos I bet you wish you hadn't cancelled it now
WELL NOW my internet keeps on cutting out so might aswell give up for the day
I know it would be obvious to cancel a live trade normally, but you use 100SL for a reason
If that trade you just cancelled , had been triggered instead then , about 2 * 1hr candles later it went down, would you cancel it or wait and see
The reason being you would cancel a pending but would you cancel a live in the same conditions cos at 100 SL I am sure we know that the retracement is larger than we anticipated
Just like to know what you would do in the case of a triggered trade
Update , cos I bet you wish you hadn't cancelled it now
yup, nobody can expect such a spike to happen. ronnierott's reacting according to the rules.
if it's a spike down instead of spike out, he'll breathe a sigh of relief, that it was cancelled. no point giving away the SL to the brokers.
I know it would be obvious to cancel a live trade normally, but you use 100SL for a reason
If that trade you just cancelled , had been triggered instead then , about 2 * 1hr candles later it went down, would you cancel it or wait and see
The reason being you would cancel a pending but would you cancel a live in the same conditions cos at 100 SL I am sure we know that the retracement is larger than we anticipated
Just like to know what you would do in the case of a triggered trade
Update , cos I bet you wish you hadn't cancelled it now
It either hits the SL,
or
Go to BE at +50 and then hopefully onto +100.
I am looking at partial TP points but have yet to decide at what levels.
