DislikedIt seems that in this pair the conditions are taking place for a long entry. Just waiting for a good opportunity...Ignored
Agreed... I wanted to jump in long a few minutes ago, but I am staying on sidelines until after news release
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DislikedIt seems that in this pair the conditions are taking place for a long entry. Just waiting for a good opportunity...Ignored
DislikedThis pair in geneal , but not necessarily at this point in time for a setup... I like how clean the candles are. That is what I meantIgnored
DislikedOf course I did ... story of my life I was on my way to work .. just got in a work ..
I hope you banked some pips off this move, if so, how many?Ignored
DislikedI took 17 pips on USDCHF and a little less than 10 on EURCHF. I think that'll do for today. I have to go to work in 2 hoursIgnored
DislikedWell England is a pretty decent place to live and you get the chance to trade in the best hours. The only downfall is the poor weather, in 7 years I've been here I couldn't get accustomed to that. I'd love to move back to my hometown in Italy in a couple of years, perhaps by then my trading skills will improve to a point that I and other fellow traders can quit the daily rat raceIgnored
DislikedEntry is correct. Exit is incorrect. you should have exited (at least part of your position) with about +20 pips whih is equal to your SL (0.9645-0.9625) ... the rest of your position ould have been exited as you marked on your chart (or at BE if the price retraces to that).Ignored
DislikedIs a trick question ??
As mentioned before, your initial SL should be just below the down fractal level swing low for each of your long trades. For first TP, you want TP1 = SL , or depending on the chart, yout TP1 could be the next round number, next PP or R1/R2/R3 level, or another significant resistance level. The most obvious level on the chart that you posted that I would set my TP1 to is the swing high level where the upfractal has just formed before the trade (looks about 1.3522??) . It all depends on wht the chart looks like at the time...Ignored
DislikedOh No its not a trick question at all.i was confused specially about SL.I know the rules as you posted in #1 post.
I Would like you show it on the chart because showing in the chart worth more than 1000 words.
thank you
fredIgnored
DislikedI understand .. does it have to be that specific chart, as it is over a month old .. can I use a more recent chart from today as I can annotate it and post it much easier, if you are OK with that?
There are plenty of chart examples throughout the thread that mark these areas ... are u interested in anything in particular??Ignored
DislikedI understand .. does it have to be that specific chart, as it is over a month old .. can I use a more recent chart from today as I can annotate it and post it much easier, if you are OK with that?
There are plenty of chart examples throughout the thread that mark these areas ... are u interested in anything in particular??Ignored
DislikedHere a chart of usdjpy today .. it is actually down over 300 pips todayIgnored
Dislikedhere i put in that chart.is it correct Entery and SL?
regards
FredIgnored