Trade Like a Robot make money Like a Bank
- #127
- Sep 26, 2011 3:13am Sep 26, 2011 3:13am
- Joined Jul 2011 | Status: Gold Again | 10,559 Posts
reset trap to 1.3433 and lower level is 1.3410 still
It takes a lot for me to IGNORE you, but you can try.
- #128
- Sep 26, 2011 3:19am Sep 26, 2011 3:19am
Raz, no comment to make on your method, but only to suggest a way to use the MT4 Fibonacci Tool to highlight your levels, please refer to the screenshot; Levels are 0, 1, -2 and 3, you can put any message you want in the Description, hope that helps, good luck
ohh I will look at it, I am not good with MT4 at all, but I will try and figure it out, ty sir!
Trade Like a Robot make money Like a Bank
- #133
- Sep 26, 2011 4:12am Sep 26, 2011 4:12am
- | Membership Revoked | Joined May 2011 | 2,976 Posts
I went long at 1.3434.
it looks like it will stop me out, but sl is 1.3410 and take profit is 1.3482
Gentlemen always play by the rules. If they can't, they change the rules.
- #134
- Sep 26, 2011 5:57am Sep 26, 2011 5:57am
I took the same trade, and set the same TP, but got nervous and got out manually with 38 pips. I wish I could be that calm and cool as you, raz!
pips taken although my poor entry at 3447Regards
PH
I feel the same way. I usually trade this type of system conservatively as what I have been in the past 1 1/2 year incorporating the 1hr TF. But I am still trying to be as brave as RAZ. When a valid setup/entry is found in 1 min I look at the 1 hr TF then base my decision from what I see also in 1 HR, so I don't take also traps in 1min. Anyway, when I take the trade, I get out between 10-30 pips, then I have a runner that I let it grind all the way but with BE SL. It's been working for me. You may want to try this until you are comfortable with Raz' system.
Great!
Regards
PH
