same as my screen, but i multiply it by 2.
that'll be my SL for the day.
Trend Manager Trading System 153 replies
Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies
HYBRID: trading system within a trading system 30 replies
trading system opposite to trend 1 reply
hksweeper's Trading Journal - Reaction Trend System 20 replies
Disliked{quote} Thanks for thr song rayner, its hilarious! How was your week? I had some loses with the JPY (USD and GPY) stopped out on entries on the H4 chart. i guess you finally exitted your USDJPY trades? Also i wanted to ask u (if I may) which is your annual yield (more or less)? I saw ur post about the bond, and i was thinking that it is also important to take into account the time u spend in closing the trade. It might also be important for the swap, i have seen some currencies which can have really high negative swap value.. Thanks for all!Ignored
Disliked{quote} Thanks for thr song rayner, its hilarious! How was your week? I had some loses with the JPY (USD and GPY) stopped out on entries on the H4 chart. i guess you finally exitted your USDJPY trades? Also i wanted to ask u (if I may) which is your annual yield (more or less)? I saw ur post about the bond, and i was thinking that it is also important to take into account the time u spend in closing the trade. It might also be important for the swap, i have seen some currencies which can have really high negative swap value.. Thanks for all!Ignored
DislikedHi rayner, if price consistenly respest 50 ema on daily chart that means this a big retracement on 4H chart, and price usually dosen't respect 50ema on 4h. would you enter the trade on daily chart when price retouch 50ema or enter on 4h chart. if on 4h how do you enter trade here is the example price respects 50ema nicely on daily chart {image} here is 4h chart, price seens totally ignore the 50ema {image}Ignored
Disliked{quote} That's a great question Ren! You always want to know where you are on the grand scheme of things. So given these 2 choices, i would choose to trade on the daily as the historical pattern is clearer compared to the 4 hour. But we need to know where price is in the longer timeframe, weekly and monthly. So you want to see if price is in an uptrend on the higher time frame before going long on the daily. Does that help? fartistIgnored
Disliked{quote} that is really help, thank you very much btw would you still post makert analysis during Xams ?Ignored