Hi T, can you explain me how u using Trailing stops? You set it up when u open trade or when it make some "progress" or how? And how you calculate size of it. Thank you for all
Disliked{quote} Nice as always!!! Can you tell me what's your trigger to enter the trade? First price touch of POC?Ignored
DislikedHi T, can you explain me how u using Trailing stops? You set it up when u open trade or when it make some "progress" or how? And how you calculate size of it. Thank you for allIgnored
Disliked{quote} Thanks! Yes the price needs to enter the zone within 8-10 pips of the POC for market orders and POC exact level + spread on pending buy orders.Ignored
Disliked{quote} Thanks and what about size of it(size of trailing stop). You set it same as a stoploss you have or same as actual price to POC, so it will be 8-10 pips as you say. I hope you understand, it no explained well..Ignored
Disliked{quote} And we're off! Fasten your seatbeltsT's second name is eagle-eye!
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DislikedEURCAD is showing some range bound action but we might see a possible retracement to 4625 where opportunities for shorts could be spotted. EURCAD has also shown HIDDEN BEARISH DIVERGENCE around POC level and hidden divergence is a sign of CONTINUATION. Also there is H4 and 38.2 fib confluence at the level. We can also see a near term historical double top mini swing at POC point so 4625 might be a good to look for bearish continuation to 4560 and 4530 respectively. {image}Ignored
Disliked{quote} i missed the 1st entry, on retest today, i made an entryIgnored
DislikedAUD pairs are showing potentials for nice shorts into rallies especially AUDCHF and AUDCAD. Both AUD weakness vs CAD and CHF can be reflected on charts. AUDCAD can also be good for shorting around 1.0095. As we can see a nice zig zag and strong H4 CAM and 50.0 fib confluence. MACD also shows a retracement while the first target -1.0047 need to break for the next level 1.0032 and 1.0005. {image}Ignored
Disliked{quote} Market orders should be filled at POC or maximum 10 pips within it. After the trade is in profit you need to TRAIL the stop.Ignored
Disliked{quote} Thank you! You don't using automaticaly trailing stops? Somewhere I read you trailing the stops for every +12 pip you trail the stops +10 it is right?Ignored
DislikedAUDCHF is in a retracement mode after the inner trendline has been broken. Now the zig zag might give us a potential trade entry around 8400. The first target is 8360-8350 zone where there is a cluster of near term buyers. Below 8350 AUDCHF is targeting 8330 and 8300. As we can see on the chart, Trendline, 38.2 fib, DPP and H3 are making POC zone. {image}Ignored
DislikedEURCAD is showing some range bound action but we might see a possible retracement to 4625 where opportunities for shorts could be spotted. EURCAD has also shown HIDDEN BEARISH DIVERGENCE around POC level and hidden divergence is a sign of CONTINUATION. Also there is H4 and 38.2 fib confluence at the level. We can also see a near term historical double top mini swing at POC point so 4625 might be a good to look for bearish continuation to 4560 and 4530 respectively. {image}Ignored