a very informing thread. learning it.
good job Choros.
walker
good job Choros.
walker
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DislikedHi guys!
Sorry for my newbie question but how is it possible to set smaller TP and SL in MetaTrader 4 than the Broker allows?
My problem is that I use Luktom's Visual Order Editor (http://en.luktom.biz/Page/447/luktom...l-order-editor) and when I set my SL less than 11 pips away from the current price (eg. @ BE), the Broker does not accept it.
With what tools can I overcome this issue?
Thanks in advance!
-Kostas.Ignored
DislikedAnother Kostas in the thread
In any case, you can't avoid the broker's restrictions. I have 5 pips minimum distance and I have to live with it.....Ignored
DislikedI am not negating you trade by any means, as I know it might have been a perfect by the org. Dance rules trade, but I was just wondering whether I was wrong not to take that trade because of:
1) DP just below
2) 1h 35/50 just below
3) 4 bars retrace (although I assume it is also "legal" to reset the counter after a bar in another direction or neglect the 2nd and 3rd one as they have very small bodies, that we can observe in this trade's retrace, it's just me being recently more conservative about it)
[ 4) Demand Zone just below? ]
The reason...Ignored
DislikedBy the way, only winners should be posted on this thread, why and how they are entered are not that important.Ignored
DislikedI will disagree to those who are still learing WHY and HOW is most important. Also I was about to write that if anybody had time and willingness to post some trades that at a glimpse were perfect setups, but after a more thorough analysis it turned out there is a solid reason(s) not to take them - that would be even more effective teaching than posting the winners only. If that is not against the thread rules or anything.Ignored
DislikedI agree with Jkdt and kos. Btw I am pretty sure kk was just sarcastic because he was moaning about people that just post winners some time ago. Well who knows if his mind has changed between then and now.Ignored
DislikedWhen someone posted winners, others kept congratulating. When I posted losers and wondered why in the past, others kept ignoring those posts. Usually not many here question about why and how a winner is a winner (lucky or good judgement).Ignored
DislikedI am not negating you trade by any means, as I know it might have been a perfect by the org. Dance rules trade, but I was just wondering whether I was wrong not to take that trade because of:
1) DP just below
2) 1h 35/50 just below
3) 4 bars retrace (although I assume it is also "legal" to reset the counter after a bar in another direction or neglect the 2nd and 3rd one as they have very small bodies, that we can observe in this trade's retrace, it's just me being recently more conservative about it)
[ 4) Demand Zone just below? ]
The reason...Ignored
Disliked
On the other hand, more season traders here will appreciate your losing-trade-posts, I have certainly learn some things by just watching you and reading your journal. So go on and post since this is a place to learn.Ignored
DislikedThank you for your observation JK.
I absolutly like and accept any constructive observation or even criticism.
I think everybody in this 3d does and in all the world intelligent people do too.
Moreover I see your real interest in growing, like we all here, so it's a pleasure to give an answer.
You are fully right, my apologize for not having explained my reasons of entry short there.
Some here who knows me from previous posts here, knows as well that one of my biggest problem is not having much time to follow the charts properly, so I just...Ignored