Entry on close of marked candle.
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DislikedSomething I wanted to ask you Dred if you don't mind. Do you ever consider adding to winning positions if you get a fresh signal. For instance, on that big EU trade you had, after a retrace while the original trade is in there, would you add to it, or are you just happy with the pips you have from the original?Ignored
DislikedOf course i do...If it is a valid signal. Why do you think i keep saying risking 5% per trade is crazy to me...if i did that then i could only make 1 or 2 trades at a time...if i risk 1% per trade and my max capital i want to risk is 5% i can have 5 trades open at once instead of just 1 trade. I almost never do it while trading the M15 but on the H1 and above i do it all the time!Ignored
DislikedIs it a valid fibo pivot rejection? (i know it is countertrend to H1 )Ignored
DislikedLook at your last picture then ask yourself just one(1) question.....Where is the pivot? Then i think you will see the answer.Ignored
DislikedOk thanks, I thought you probably did, but just wanted to be sure.Ignored
DislikedJust remember when you do you do such and you do have a winner you want to risk less then your first position so that if the trend runs out you are not risking the profits that would have been made by the first position. So lets say you risk 1% per trade. You have a winning trade on EurUsd and see there is another setup ....when you take it you would cut your % down to lets say .5% or even .25%. You could keep risking 1% if that fits your trading style but seems kind of foolish to risk gains because of greed. Of course that is just my 2 cents lol....Ignored
DislikedNice trade! Looks like it went for about a 1:3 then retraced back up..........Ignored
DislikedIs it OK to enter long on close of marked candle? Brown horisontal line is Fib S1 level.Ignored
DislikedJust took both a few candles ago..........Looking so so pretty to me!
OPPS! better turn my EA on....lolIgnored
DislikedI am curious. You entry was good, but I was wondering what do you see that keep you from entering at point A.
Thanks.Ignored