- #46,903
- Dec 16, 2014 1:07am Dec 16, 2014 1:07am
- Joined Nov 2012 | Status: Trader | 2,339 Posts
I Have Learned to Take Some Losses to Make Profits
- #46,904
- Dec 16, 2014 1:10am Dec 16, 2014 1:10am
- Joined Nov 2012 | Status: Trader | 2,339 Posts
I Have Learned to Take Some Losses to Make Profits
- #46,907
- Dec 16, 2014 1:21am Dec 16, 2014 1:21am
- Joined Dec 2013 | Status: Trader | 1,680 Posts
GJ_H1 , entry on the break of LO first M15 bar, +50 pips Following bearish momentum {image}
. i was in too
Sad i'm not trying to understand PA
{quote} trust me, most time i'm feeling like that too. but i always remember that if i just take all cross and bounce (the way i see it) backtesting proves that i can get more than 50% chance of success. so whenever its go with the trend, i fancy that i have higher success rate.
where can I find the same indi u are using, THX in advance! I want to try then, thx.
- #46,913
- Dec 16, 2014 1:49am Dec 16, 2014 1:49am
- Joined Nov 2012 | Status: Trader | 2,339 Posts
{quote} Excellent trade TS
I Have Learned to Take Some Losses to Make Profits
- #46,914
- Dec 16, 2014 1:51am Dec 16, 2014 1:51am
{quote} Agreed.... although not "further losses" because I'm not long yet. I've just been anticipating a potential long signal. C to D leg is done so, I'd be looking to take a few pips out of the potential retrace. Might not happen until NYO, if at all.
Daniel
- #46,915
- Dec 16, 2014 1:53am Dec 16, 2014 1:53am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} Excellent trade TS
- #46,916
- Dec 16, 2014 1:55am Dec 16, 2014 1:55am
- | Joined Mar 2014 | Status: Trader | 1,228 Posts
{quote} looks like you will get your long signal on gj
Yeppers.
Now do you see what I was talking about ?
- #46,918
- Dec 16, 2014 2:07am Dec 16, 2014 2:07am
- | Joined Mar 2014 | Status: Trader | 1,228 Posts
{quote} don't remind me, that was a 180 pips runmy tp was a bit lower than that and it nearly touched
Time to stop and reverse, maybe??? Catch 100 pips on the upside retrace ????
- #46,919
- Dec 16, 2014 2:09am Dec 16, 2014 2:09am
- Joined Jan 2014 | Status: Trader | 1,783 Posts
Heres a trade I've taken on GN from a 5 min chart purely for exoeriimentation purposes.
The yellow vertical line shows my entry, and interestingly (for me at least) is that I wanted to see what would happen if I used just 2 out of the 4 elements that I've typically been using the past 2 or 3 weeks.
In the image I used only - A . TDI cross and B . zone, and completely disregarded the other 2 things that I would normally apply.
I used the 5 min chart to accelerate the process. The small position size for this will not affect my account win or lose.
But, I wanted to see how higher spread, unusual pairs, and minimal indicators performed for this example.
I wasn't even going to post the trade, I doubt I'll learn much at all from this experiment tbh, I know it's a little off beat, but it maybe interesting to someone if nothing else, and maybe the lesson I'm hoping to learn from this is a failed trade, which strangely I'm actually hoping for if that makes sense.. A winning trade throws the cat amongst the pigeons to me in a sense otherwise.
Any comments are welcome
The yellow vertical line shows my entry, and interestingly (for me at least) is that I wanted to see what would happen if I used just 2 out of the 4 elements that I've typically been using the past 2 or 3 weeks.
In the image I used only - A . TDI cross and B . zone, and completely disregarded the other 2 things that I would normally apply.
I used the 5 min chart to accelerate the process. The small position size for this will not affect my account win or lose.
But, I wanted to see how higher spread, unusual pairs, and minimal indicators performed for this example.
I wasn't even going to post the trade, I doubt I'll learn much at all from this experiment tbh, I know it's a little off beat, but it maybe interesting to someone if nothing else, and maybe the lesson I'm hoping to learn from this is a failed trade, which strangely I'm actually hoping for if that makes sense.. A winning trade throws the cat amongst the pigeons to me in a sense otherwise.
Any comments are welcome
- #46,920
- Dec 16, 2014 2:10am Dec 16, 2014 2:10am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} don't remind me, that was a 180 pips run