Long EJ.
Plz don't laugh. I am just testing my strategy.
Other confluence 61% fib.
Plz don't laugh. I am just testing my strategy.
Other confluence 61% fib.
-milkeyway
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Disliked{quote} Is that the short? If so, it was a nice spot! I love aggressive C's when the BC leg is made up of a smaller AB=CD {image}Ignored
DislikedThis is what kills me. It has been sitting there trending in that 5 pip range for about 3 hrs. now. I've seen it do it in a 3 pip range for over 5 hrs. It's getting pretty common and wears me out. Even though I knew my stop loss was pretty safe come Asia open it will probably spike up the couple pips just to stop me out. I might just see if I can squeeze a pip or 2 out of it rather than giving them a couple and wait to see how Asia wants to act. Asia, London, New York, they all have their own personalities even if you can't tell it by looking at...Ignored
Disliked{quote} We miss you a little here Mr. Pip. I hope everything is doing well for you and your family.Ignored
Disliked{quote} wowwwww hit my stop by 1 pip before proceeding to hit my target 1, quite annoying but hey its part of the biz {image}Ignored
Disliked{quote} I feel you brother. That is why I seldom use a stop loss anymore simply for that same scenario. It is very hard to set a trade and not be able to monitor it without one though. I really don't know a simple solution to this because I guess every trader is different in his thought process.Ignored
DislikedMr. Pip, If I may ask, how do you handle such scenerios as what is marked on the attached chart. All the charts in this pair have been screaming retracement but for a swing trader a 30 pip stop loss is kind of far fetched. A 100 pip swing in 2 minutes is a great move but anyone that may have been trading a downward pattern would have surely got stopped out on the spike up. Could you please tell us how you handle such situations. By the way, haven't seen you around in a couple days and we all have missed you. I hope everything is good on your end....Ignored
DislikedEJ sell. Increasing momentum to the downside @ 38% retracement. LH & NSL formation. My experiment tells me this may go down. {image}Ignored
Disliked{quote} I saw those strong momentum to the down side, but there was also very deep pullback to almost 100% of the previous move, so my bias was for a trend continuation specially there was support just slightly below Concern tho RN 143.00 above and falling trend line Let me know what you think, and what about LH& NSL, pls show with chart if possible, I still tremendously trying to improve my expectation {image}Ignored