DislikedStupidly went in without checking my chart (something I almost always do) didn't see the huge spinning top candle...got burned.
Lesson learntIgnored
Sue
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
DislikedStupidly went in without checking my chart (something I almost always do) didn't see the huge spinning top candle...got burned.
Lesson learntIgnored
DislikedI bailed out on the EURUSD at +10 pips due to the price action. The bond auction result was likely to make price erratic as it can be interpreted both as positive and negative for the Euro/Spanish economy. I'll be watching to see if it trades back inside the CZ or breaks out again.
SueIgnored
DislikedYep good work. Your trading the candle following the breakout i presume? Got my markets set to around 2.0 a week and 2 clear of the CZ so if I'd have gone in on the previous one I might have been ok.....maybe....lol
MarcIgnored
DislikedREW, nice to see you're still around! Looks like you've found your way around the charts just fine. Nice trades!Ignored
DislikedFrom that CZ until today I've made 13 winning trades totalling 269.1p, and 3 losing trades totalling 57.8p, for an adjusted total of +211.3. Note: This total is for 1 pair and 1 TF only (G/U M15).
Lastly, from that CZ to the current price was a Long run of approximately 240p. I feel very satisfied knowing that I took away 211p out of 240 possible.Ignored
DislikedMarc, we only do naked trading in here. Lagging indicators of any type are not welcome. You are disregarding every basic premise this thread stands for. Please start from the beginning and try again.Ignored
DislikedFurther to a previous post I did, I've found a fantastic indicator that works superbly well with the sq indicator....the SymphonieMatrix Indicator.
I post this purely as information, not as a plug for another indicator but certainly one that not only helps reduce false breakouts (along with having decent indicator settings) but one that helps spot good exits and also I've noticed, helps piggy back a breakout trend all the way up to its finish!
Below is a screenshot of them both working in action:
http://img651.imageshack.us/img651/8...eindicator.jpg (http://imageshack.us/photo/my-images/651/sqsymphonieindicator.jpg/)
When...Ignored