DislikedThere is no TP on this trade setup.
This trade is intended to take as much profit as the daily candle has to offer.....or hit the 30 pip SL. That's why it is entered as close to the open of the new daily candle as possible, when the weekly and daily confirm direction.
If the trade survives the day and confirmation continues the next day, add another position. There could eventually be a dozen or more positions.
The overall purpose of this trade setup is to eventually catch a trend that lasts several days to months. With added positions...Ignored
- Post #15,181
- Quote
- May 23, 2011 11:33pm May 23, 2011 11:33pm
- Joined Mar 2009 | Status: Trader | 6,418 Posts
- Post #15,182
- Quote
- May 23, 2011 11:43pm May 23, 2011 11:43pm
Fall seven times, stand up Eight! #GGMU
- Post #15,183
- Quote
- May 23, 2011 11:49pm May 23, 2011 11:49pm
- Joined Dec 2009 | Status: Member | 6,603 Posts
- Post #15,185
- Quote
- May 23, 2011 11:59pm May 23, 2011 11:59pm
- Joined Dec 2009 | Status: Member | 6,603 Posts
- Post #15,186
- Quote
- May 24, 2011 12:05am May 24, 2011 12:05am
- Joined Dec 2009 | Status: Member | 6,603 Posts
- Post #15,188
- Quote
- May 24, 2011 12:16am May 24, 2011 12:16am
Fall seven times, stand up Eight! #GGMU
- Post #15,190
- Quote
- May 24, 2011 6:13am May 24, 2011 6:13am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- Post #15,191
- Quote
- May 24, 2011 6:47am May 24, 2011 6:47am
- Joined Oct 2006 | Status: Senior Trader | 844 Posts
"You Never Know.....Until You Find Out."
- Post #15,193
- Quote
- May 24, 2011 7:38am May 24, 2011 7:38am
We trade to live not live to trade................
- Post #15,194
- Quote
- May 24, 2011 7:38am May 24, 2011 7:38am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- Post #15,195
- Quote
- May 24, 2011 9:30am May 24, 2011 9:30am
- Joined Dec 2009 | Status: Member | 6,603 Posts
- Post #15,196
- Quote
- May 24, 2011 9:37am May 24, 2011 9:37am
- Joined Dec 2009 | Status: Member | 6,603 Posts
- Post #15,197
- Quote
- May 24, 2011 9:39am May 24, 2011 9:39am
- Joined Dec 2009 | Status: Member | 6,603 Posts
- Post #15,198
- Quote
- May 24, 2011 9:42am May 24, 2011 9:42am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- Post #15,199
- Quote
- May 24, 2011 9:43am May 24, 2011 9:43am
- | Joined Sep 2008 | Status: Member | 94 Posts
- Post #15,200
- Quote
- May 24, 2011 9:44am May 24, 2011 9:44am
- Joined Dec 2009 | Status: Member | 6,603 Posts