1min Tricolour

When do you move SL from last swing to outer band?

New day, new trade:

I know that the entry was not 100% correct because the entry was already on the MA but i was confident because the trade was in the direction of the current trend - anyway, 20%.



Have a nice day guys,
Mathias

Wow. Bravo.

I entered in the same time. TP-5%.

Piece of cake. TP 5%.

I feel now like complete idiot, sorry)

congrats truchtzero!

@my trade
I was a little bit lucky. The closest distance between the price and the 5%-SL was 0,2 pips..

Many good signals in this nice uptrend. Unfortunately I'm too busy today so I can't take every single signal but 20% for the day should be enough.

@colombino
He is talking about this post: http://www.forexfactory.com/showthre...76#post5305576

Mathias

I think so.

Just a little nice trades

sorry for the late reply. Once I hit 1x SL, I will move SL to BE, and start trailing SL few pips behind outer band.

btw, I see you making pips, congrat!

Hi all,

Here is a trade I took today, one of my rules is to wait for the price to come back and touch the 165 ema (green ema) before considering a trade. After that I make sure that the 2 stochastics agree.

THX for reply.
Yes, i try to make few pips a day My daily goal is to make two trades 5% each. During last days i realized that it is possible. Some trades are closed to early because of my fear to loss money, as i written few pages earlier. But i am learning and trying so hard to become fully succesful.

anybody trading today?

Ive been having good success with version 2 all this week

Its frustrating when trades return 0% only to see it run way but that down to price action and better to be safe then sorry

We want the nice signals that run away slowly but surely

I used 2 rules from Weds that served me well,yes it does remove some winning trades but it helps greatly taking signals against a trend before the MA's have changed

Rule 1

If you look at the chart you will see 3 signals

1 loser at -5%
1 winners at +15%
1 winner at +5%

On the 2nd signal we can see that the lower band is above our top ma this could well be saying ' this is going up up and away with a long bias now stop taking short signals EVEN if the ma's are in the right direction'

The other 2 signal are perfect

Rule 2

Place the stop 1 pip above or below your signal candle not the last swing hi or lo

Looking back on allot of my past trades a large quantity of them the hi lo of the signal candle was respected

P

Thats why it is so hard to me to wait to 10% TP.

PS Thanks Paulus for your new post in this thread. I thought you have forgotten about this system.

Hi truchtzero;
You wait at close of the candle, for your entry ?.
Thanks

Yes, it is very important.


2x5% TP.

Wow. Anybody is still holding this long trade?

hello all,
I wish I had. Do you still use the range bars? it seems very interesting with Paulus new template and the new 2 rules.

Thanks

I have 4 charts on me screen. Paulus v2-e/u, g/u, u/ch and range bars -e/u. It seems to work perfectly for me.