DislikedHey guys - thanks for all the comments.
Mommypips - Yes I can put my stops where you suggested (and trade with smaller positions) but Big E said about the 10 pip drawdown and he would have a heart attack if he had a 60 pip loss. I was trying to just figure out the entry point time on the candle to avoid big drawdowns.
Bill - it was GJ (a wild card at the best of times but nonetheless a good test)
Fredff - yes, exactly. I was trying understand more closely this aggressive approach.
Danimal - I'm not sure I pulled out too quickly. many times...Ignored
Mommypips - Yes I can put my stops where you suggested (and trade with smaller positions) but Big E said about the 10 pip drawdown and he would have a heart attack if he had a 60 pip loss. I was trying to just figure out the entry point time on the candle to avoid big drawdowns.
( the only thing i can see is if you enter on the third candle which is the 3rd candle after a Fractal. My only issue i this that it doen't always meet Eric's entry criteria unless he is waiting for an H4 RCP an the thrird Candle on a 4H chard and then turning to his H1 and looking to see if he has his set up in progress.. ON a H4 chart by the time you have Eric' set up most of the time you are late but not always. but sometimes you are so if he is taking a h4 fratal with stoch and then making sure his H1 looks good then it looks like a great entry.
Eric/Eellfrans is this what you are doing?) All help is welcome.... for everyones sake. I see that the Fractal entries are the lowest draw down entries.
Thoughts welcome!
Thanks-
Dawna
