Hi guys,potential trade setup on UJ 5mins. please check it out
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DislikedHi guys,potential trade setup on UJ 5mins. please check it outIgnored
Disliked{quote} Rifid, would you take that UJ trade if let's say it turn out to be by rules ? We would be trading against the overall trend and we also have 102.2 trouble area. Thanks in advance. EDIT: Also what do you think about EUR/GBP 8065 blast ?Ignored
DislikedGJ @ 171.13 also did well but the second point closed higher, it's with overall trend, trouble area only at 170.96, enough space to move SL to BE and the the good looking pressure from upside. Are you riding that one Rifid ?Ignored
Disliked{quote} Answer to your first question probably not ,but it is always appreciated when members share setups,thats what makes this system of trading so effective, it is entirely up to you whether you think there is merit in taking the trade. The euro set up was good but you would run into support around ten points later, with that in mind you could take the trade just to the support area, something is better than nothing, 10pts is still 4% ,an excellent result in any systemIgnored
Disliked{quote} Some pairs are more liquid and volatile than others. To get a 20 pip move on EURGBP is ALOT more difficult than it is on GBPJPY! Hence you may want to look into adjusting your sl's and tp's accordingly, depending on which pair you are trading. For example, the yen pairs have more pip movement than any of the other pairs. Depending on the particular setup you're looking at, you may want to even increase that 20 pip profit target and hence increase your reward to risk ratio. Or increase both your stop loss and your profit target and still...Ignored
Disliked{quote} While I appreciate your explanation, I would like to say to you that I have done my ground work, been there, done that. I am not an average Joe in trading, while I am trading on H1, I have decided to learn something more to trade during the day. I hope I did not sound rude and we will continue to contribute to this thread.Ignored
Disliked{image}Just missed a nice one on the GBPUSD. Noticed it too late, shot up pretty quick.Ignored
Disliked{quote} Yes, but look at this ..same pair - a loss prior ...If it is wrong setup, Rifid please comment If anyone disagree, please comment also... {image}Ignored