- #881
- Oct 4, 2011 10:41am Oct 4, 2011 10:41am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
- #882
- Oct 4, 2011 10:57am Oct 4, 2011 10:57am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
- #885
- Oct 4, 2011 12:19pm Oct 4, 2011 12:19pm
- Joined Oct 2007 | Status: Trader | 2,972 Posts
close this one via trailingstop with +36 Pips profit
Good job Bullzeye!
I am still in trade.....waiting....... I am use Exit Strategy (2)
eval.
- #886
- Oct 4, 2011 12:55pm Oct 4, 2011 12:55pm
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
- #891
- Oct 4, 2011 1:26pm Oct 4, 2011 1:26pm
- Joined Oct 2007 | Status: Trader | 2,972 Posts
HI men,
i am trying to use your SEFC or Symphonia system on GBP/USD and EUR/USD. TF 5m and 15m. A liitle problem is that every time when i saw the spike and the price is going to return and indicator going to show the same color (way) then indicator alerts extreme top or bottom. Where is the right moment to put order ? I am a bit confuse because of repainting.
Is the right moment for order on close another candle with the same direction with 4 indi ?
Can u help me with your advice with the thing what i did or doing wrong ?
Thx a lot for...
YOu did correct!
That was a SELL signal. Now you must wait until you see an opposing Extreme Spike. It is normal for an order to have some pullback. But remember, you should also have a 50pip stoploss in place just in case the market moves against you.
NO system is 100% accurate or perfect. There will be instances where you will have a loosing trade.
Remember to keep to the strategy and the be consistant and you will be fine. This system will improve your trading skills; but the biggest obsticule to success is you...overcoming the Greed and Fear factors and develop a trust for the Strategy and the System.
If you are just starting out....PLEASE trade a demo account first and not real money until you have a firm grasp on the system and how it works.
Happy Trading.
eval.:nerd:
- #892
- Oct 4, 2011 1:27pm Oct 4, 2011 1:27pm
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Congratulations on the winning trade.
eval.
Hi Everyone Just to add to the trades going on at the moment I thought I would add this one on the 5min USD/CAD
Attachment
Got my exit spike plus did not like the candle formation looking bearish so got out for 21 pips
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
- #894
- Oct 4, 2011 1:41pm Oct 4, 2011 1:41pm
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Attachment
Got my exit spike plus did not like the candle formation looking bearish so got out for 21 pips
Congratulations on the winning trade!
- #895
- Oct 4, 2011 2:35pm Oct 4, 2011 2:35pm
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
Attachment
Got my exit spike plus did not like the candle formation looking bearish so got out for 21 pips
nice one
but where was your entry exactly? did you make a reentry? so that works also, good to see
- #896
- Oct 4, 2011 2:51pm Oct 4, 2011 2:51pm
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
have made two another trades GBP/USD m15 and AUD/USD m15
- #897
- Oct 4, 2011 3:01pm Oct 4, 2011 3:01pm
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
USD/CHF m15
nice one
but where was your entry exactly? did you make a reentry? so that works also, good to see
Entry chart for you..
Just to add price did reach the 30 pips so I did move stop loss to break even plus 3 pips but almost straight away price fell rapidly and was looking like a strong bear run and exit spike appeard on close of candle so manualy closed the trade..If I had waited I would have got stooped out for 3 pips..
I could have made a re-entry and the trade would have reached 30 profit pips again before falling like a stone..I didnt take it as I like to spend time with my family at this time as is around 9pm in the uk I just take trades in the evening when ever I think I have time to manage the trades..Hope this helps..
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
- #900
- Oct 4, 2011 3:23pm Oct 4, 2011 3:23pm
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
ohhh boy, thanks the eu ministers for the action