(binned per thread starter’s request) Daily Open, Hi/Lo Trading | Page 2 | Forex Factory

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One trade per daily bar, or per X bars on current timeframe 0 replies

Trading 24 hours per day, 5 days per week 14 replies

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(binned per thread starter’s request) Daily Open, Hi/Lo Trading

  • #21
  • Apr 22, 2013 11:00am Apr 22, 2013 11:00am
Audjpy sell, chart:
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  • #22
  • Apr 25, 2013 1:39am Apr 25, 2013 1:39am
M15 pinbar cut prev Hi~ Sell signal
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  • #23
  • Jun 15, 2013 7:46am Jun 15, 2013 7:46am
Hi, how do you determine your stop loss placement?
  • #24
  • Last Post: Jun 15, 2013 1:40pm Jun 15, 2013 1:40pm
Quoting Triple E
Hi, how do you determine your stop loss placement?
Seneca Pilot also discussed this method of trading Daily Open/Hi/Lo/Close, and he uses ATR to determine stop loss placement.

Ramblings of a Forex Junkie (http://www.forexfactory.com/showthread.php?p=6559723#post6559723)
Quoting Seneca pilot
{quote} I don't use ATR to determine trade entries. I use no indicators for trade entry. I only use ATR to set stops. My testing and experience tell me that I want a stop that is approximately 20% of the five period EMA of the five day ATR on EU. (say that five times fast) for intraday trading. At the current ATR the stop I am using for intraday trades on EU is sixteen pips. Yesterday it was seventeen. In recent memory it has been as high as twenty six pips and as low as twelve or thirteen. It can change every day. I made a post a few days ago about...
No longer trading forex. Looking for full time job.
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