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  • #301
  • Aug 14, 2012 5:01am Aug 14, 2012 5:01am
Ok great, the problem is I use interactive brokers so not sure if they have that facility, they dont work in lots just buy or sell as much or as little as you place order for. Are you with Alpari UK as your broker?

The other problem i see is what about if price after the signal suddenly moves increasing the range between your entry to stop level and leaving you with an unrealistic take profit? eg if range for thehour is only 15 pips it seems to me a 20 pip TP would be unrealistic
whats your thoughts?
thanks again
anth
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #302
  • Aug 14, 2012 5:06am Aug 14, 2012 5:06am
Quoting anthm
Ok great, the problem is I use interactive brokers so not sure if they have that facility, they dont work in lots just buy or sell as much or as little as you place order for. Are you with Alpari UK as your broker?

The other problem i see is what about if price after the signal suddenly moves increasing the range between your entry to stop level and leaving you with an unrealistic take profit? eg if range for thehour is only 15 pips it seems to me a 20 pip TP would be unrealistic
whats your thoughts?
thanks again
anth
I am with the broker you mentioned yes. If price moves suddenly then that happens it just means your TP will be wider. That's just forex!

JPR
  • #303
  • Aug 14, 2012 5:38am Aug 14, 2012 5:38am
Quoting Jpr
I am with the broker you mentioned yes. If price moves suddenly then that happens it just means your TP will be wider. That's just forex!

JPR
Thanks again, very helpfull, just to confirm would you ever move your stop closer to your entry price in order to achieve a lesser TP?
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #304
  • Aug 14, 2012 5:40am Aug 14, 2012 5:40am
Quoting anthm
Thanks again, very helpfull, just to confirm would you ever move your stop closer to your entry price in order to achieve a lesser TP?
No I wouldn't personally. A swing low (or high) has been formed because price has been rejected from that area. Therefore it makes the perfect logical place to put a SL just beyond that area of rejection.
  • #305
  • Aug 15, 2012 2:21am Aug 15, 2012 2:21am
7 am bias, long, LOSS
8 am non bias (which happened to be long in line with bias), long, LOSS
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #306
  • Aug 15, 2012 2:03pm Aug 15, 2012 2:03pm
Quoting anthm
7 am bias, long, LOSS
8 am non bias (which happened to be long in line with bias), long, LOSS
Yeah loss with me too this morning.
  • #307
  • Aug 16, 2012 2:39am Aug 16, 2012 2:39am
short at 8.11 still on the table, you on same trade JPR
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #308
  • Aug 16, 2012 2:50am Aug 16, 2012 2:50am
stopped out 2 more losses for the day
7am and 8 am loss
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #309
  • Aug 16, 2012 3:38am Aug 16, 2012 3:38am
Quoting anthm
short at 8.11 still on the table, you on same trade JPR
This was my entry - looked like the same one - stopped out. Loss today. Results updated post 1.

Attached Image (click to enlarge)
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  • #310
  • Sep 5, 2012 2:40pm Sep 5, 2012 2:40pm
Hi JPR, Have you been on holiday or given up on this ?
  • #311
  • Sep 6, 2012 5:58am Sep 6, 2012 5:58am
Quoting stricky1967
Hi JPR, Have you been on holiday or given up on this ?
Hi Stricky,
Given up on it. People can see my results sequence on page 1 so if they feel like it's worth pursuing then they can.
Cheers
JPR
  • #312
  • Sep 7, 2012 12:14pm Sep 7, 2012 12:14pm
Quoting Jpr
Hi Stricky,
Given up on it. People can see my results sequence on page 1 so if they feel like it's worth pursuing then they can.
Cheers
JPR
Just wanted to leave these here for you JPR, maybe it helps I dont know. Today was a very good day indeed , however most days are not at all like this....but we don't need many :0)

Good luck, don't be limited by any 'SYSTEMS' rules.....
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eu_070912am.jpg Size: 132 KB
Click to Enlarge Name: eu_070912pm1.jpg Size: 132 KB
Click to Enlarge Name: eu_070912pm2.jpg Size: 145 KB
Click to Enlarge Name: eu_070912pm3.jpg Size: 150 KB
  • #313
  • Sep 9, 2012 1:26pm Sep 9, 2012 1:26pm
Quoting stricky1967
Just wanted to leave these here for you JPR, maybe it helps I dont know. Today was a very good day indeed , however most days are not at all like this....but we don't need many :0)

Good luck, don't be limited by any 'SYSTEMS' rules.....
Thanks for posting those charts. I've always seen the potential for massive rewards using small risk with large TP. I myself also like using daily pivots as well. Could you do me a favour? Can you post a template and the indicators you use for the beige charts above and i'll see how I get on next week?

Thanks
JPR
  • #314
  • Last Post: Feb 13, 2013 5:50am Feb 13, 2013 5:50am
Quoting Jpr
Thanks for posting those charts. I've always seen the potential for massive rewards using small risk with large TP. I myself also like using daily pivots as well. Could you do me a favour? Can you post a template and the indicators you use for the beige charts above and i'll see how I get on next week?

Thanks
JPR
Hi All,

I have tried and tried on M1 for couple of months. But the result never satisfy me. Overall it is in loss trend.......Good bye to M1.

Thanks
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