1 trade per pair per year 6 replies
multiple systems per pair/multiple pairs per system? 3 replies
Extracted Post (per poster's request) 0 replies
Trading 24 hours per day, 5 days per week 14 replies
DislikedRocky,
Regarding price action, and deciding to take profit & protect your trade - do you make this decision once you see price stall or start reversing on a shorter time frame?
Sometimes price will test the area a couple of times before taking off in the correct direction. Doesn't seem like you stick around that long to find out...
MikeIgnored
DislikedHey Mikepip, With Ninja Trader we have whats called the ATM (Automated Trading Strategy) You can Pull it up on Youtube and search "Ninja Trader ATM". It places your stops, trailing stops at predetermined levels. I usually will take profit of 38 pips on my first lot no matter what, The ATM will automatically bring my SL on my other lots up 38 pips so if the trade goes against me I breakeven. There is a lot more to it than I have time to explain but I hope this helps, Rocky...Ignored
DislikedRocky,
Excellent entry prediction;
my question (although after the fact), would you have changed your exit based on the more recent supply area created, as indicated in the above chart or maintained your previous "cash out here" recommendation?
Thanks and keep on rock'n on!Ignored
Dislikedand regarding the usdchf trade, where are you looking to take some profits ?Ignored
Dislikedexcellent, 2 thumbs, keep em coming Rocky. The reward to risk vs the win percentage of this style is by far the best i seen on FFIgnored
DislikedThanks deankenny21, you'll be doing what I'm doing in no time. It took me a lot of trial and errors to do this, you are in a position now to skip the nighmares and learn what not to do and trade right inline with multi million dollar Institutions, Rocky...Ignored