Newton's Fiscal

See #210

EURUSD, M30, 2012 February 29


Exit @ 1.3380 (10/10)

Profit: +30 Pips

Targets hit looking for buys

See #192

EURUSD, M30, 2012 February 29


Exit @ 1.3372 (5/10)

Profit: +62 Pips

See #189

EURUSD, M30, 2012 February 29

Exit @ 1.3362 (5/10)

Profit: +52 Pips

See #182

EURUSD, M30, 2012 February 29

Exit 1.3352 (5/10)

Profit: +54 Pips

See #221

EURUSD, M30, 2012 February 29

Delete the Target Level.

Exit @ 1.3352

Profit: +108 Pips

Loss Order Management (LOM)

That's money management without Stop Loss. If to do in this way you have to manage the Loss Order Management (LOM) in the right way. At my advanced trading style an experienced level parameter seems for me 1:10. (Win per Day: Risk), say if I make 500.-$ win per day I have to put in the Risk Management 5'000.-$ to mange all my open orders (LOM) at a higher time frame in the expectation that these orders would run in the winning zone sooner or later. Every trader has his own risk management. This is my trading level. I don't have much doubt that these trades would running further in a loss, (may be 2% of all open orders)...if so then i don't have make my MTFA in a right way.

All open EURUSD Trades, which were runinng in a loss yesterday and the day before yesterday could be closen today. I have manage these open orders in the meantime (see the "LOM"-concept in the TASAYC-thread: http://www.forexfactory.com/showthread.php?t=325369).
See also #250

Kindest regards!
FXcube

Now I stay on the sideline and wait!
FXcube

Buy Trades hit target

Loss Order Management (LOM)
Loss Order Management (LOM ) - Ratio 1:10, p.55, #812, #813, p.56, #826; Loss Order Management (LOM) - Compensation with other trades, p.55, #814; LOSS Order Management (LOM) - Compensation with other Trades, p.55, #821; Loss Order Management (LOM) - Equity, p.56, #831; Loss Order Management (LOM) - Open Trades/Closed Profit Trades, p.56, #837; Loss Order Management (LOM) - Overview, Link, p.59, #883; Loss Order Management (LOM) - Last Step, p.76, #1129; Loss Order Management (LOM) - 2012 February 06 - Daily Example, p.108, #1616; Loss Order Management (LOM) - Example, p.112, #1668; Loss Order Management (LOM) - Formula, p.112, #1669; Loss Order Management (LOM) - Formula A, Formula B, p.113, #1683; Loss Order Management (LOM) - What does that tell you?, p.113, #1684.

See http://www.forexfactory.com/showthread.php?t=325369

Reduce the Risk!

Reduce the Risk with (LOM)

Allocate, diversify
- Fractionize 1 Lot Order into particles (10 x 0.1 Lot), or 10 Lot into 10 x 1 Lot sizes
- Search different entry and exit levels.
- You make more money in this way!

Why!
You could reduce the risk!

Price Action
Another of the greatest things we can do to reduce risk is to only take trades in the direction of the Daily trend.
Take a look at the price action moreover. Maybe you could see how short and choppy the bullish move after e.g. a hammer could be and how much longer and smoother the bearish move (in the direction of the trend) after e.g. a doji or a shooting star is. That is the type of trading “edge” that I like to have on my side,...in contrary I often trade additively the little countertrends at Scalping Level in my possessive (greedy) advanced trading style.
FXcube

hi FC,....

I got it ... EU on 1MTF, 5M, 15M & 30M scalping set up with CCI 14 ...

thanks FC

When the CCI hooks when PA is near a pivot, it works even better

EURUSD, M15, 2012 February 29


Long @ 1.3327 (5/10)

EURUSD, M5, 2012 February 29

Long @ 1.3323 (DS3) (10/10)

EURUS, M1, 2012 February 29

Long @ 1.3319 (5/10)

See #257


Exit @ 1.3330 (5/10)

Profit: +11 Pips

See #256

Exit @ 1.3330 (10/10)

Profit: +7 Pips

EURUSD, Daily, 2012 February 29

DS3 1.3323 is hit.