USDCAD Long Trade Open:
M15 setup.
M15 setup.
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Dislikedtah I am reading and re-reading. But tah, applying is a different scenario. I am only asking on this forum just to accept my understanding of what I have read. again, I guess I shall try to learn by practice and not share my questions on this forum if it seems to bother. hmatarIgnored
DislikedNZDUSD Long Trade Open: M15 setup. No TP/SL at this time. I agree with forexTN14 that this could go to the upper whole number/RWH area (just like AUDUSD). {image}Ignored
Disliked{quote} NZDUSD Long Trade Closed: Closed for gain of 60.3 pips average, 120.5 pips total gain. At the open of the US session, the MMs ran the price up a bit and then executed a stop hunt on longs. I added to the trade at that time. {image}Ignored
DislikedGBPJPY Long Trade Open: M5 setup. No hard TP/SL at this time, but the PVT area is a tentative early TP. {image}Ignored
Disliked{quote} GBPJPY Long Trade Closed: Closed for loss of 456.5 pips average, 4565 pips total loss. Okay, this is a huge mistake on my part, the "Let the Losers Ride" syndrome still haunting me. But, Gupito's demonstrations of dealing with a "red" trade will save me! Seriously, I let this one get way out of hand. It has eaten up most of my 4622.5 pips profit for the week so far. I am being deservedly...Ignored
Disliked{quote} Sorry..may i know why u take that trade?base on lower tf? I bet that is not classic entry..Ignored
Disliked{quote} Why don't you try reading the trade initiation post. You lose your bet! The trade initiation was okay. The ongoing trade execution/management was not.Ignored
Disliked{quote} Oh i just realized..im not reading the describtion + i read through a small android (mistakenly saw and assume it was a +ve trade)..sorry then..And may i ask if we had a buy trade by scout but then later a sell classic appear during -ve pips on scout..do we close the trade?Ignored
DislikedDo not ride the loss, but ride the "green" GBPUSD Live example, how I manage to cut the red fast at 3rd re-entry. Yes it is Counter trend on 3rd entry. But the scout setup is failed, and I cut it fast. I hope, this will bring enlightment to you all, do not waste each price movement by holding looser position. Cut and switch, ASAP, and get gain ASAP. Your precious time is too expensive by waiting a red position getting bigger and bigger. Earn the money by sacrifice a little. Regards, -GP- PS : Prof, Suddenly it works... Yay... I can edit the post...Ignored
Disliked{quote} Maybe. But right now, you got to protect your equity. And, one sure thing, use the trade level indicator, and disable the metatrader trade level. There are purpose for doing that, first, anybody that trade using 100 regular lotsize at one shot each position do not seems so great here, but those who trade 0.01 will have the equal look. The pipcount is matter, but the lotsize must be hide, let the other trader that using small capital can enjoy and read too, without any hard feeling. Regards, -GP-Ignored
Disliked{quote} You are asking me if, for example, a Scout short is red and a classic long forms up, which would I have confidence in. Frankly, it would depend on everything I could assess from the chart at the time. And even then we cannot know how price will move next. The scout could be closed and later you see it should not have been. Or, it could be kept open.....wait and see.....and see later it should have been closed. Your question goes to the dilemma all traders face, which is if we cannot know - not for all the indicators, EAs, personal experience, or whatever - how price will move next, then how can we ever be successful at trading? And I think Gupito is working at helping us to understand the answer to that question. -tahIgnored
Disliked{quote} Oh i just realized..im not reading the describtion + i read through a small android (mistakenly saw and assume it was a +ve trade)..sorry then..And may i ask if we had a buy trade by scout but then later a sell classic appear during -ve pips on scout..do we close the trade?Ignored
Our System, "Let the Dragon and PA show the way" - Master Sonicdeejay
Dragon angle up "/" and PA above Dragon = bullish
Dragon angle down "\" and PA below Dragon = bearish
Anything different = bullshit beware!
Disliked{quote} You are asking me if, for example, a Scout short is red and a classic long forms up, which would I have confidence in. Frankly, it would depend on everything I could assess from the chart at the time. And even then we cannot know how price will move next. The scout could be closed and later we see it should not have been. Or, it could be kept open.....wait and see.....and later we see it should have been closed. Your question goes to the dilemma all traders face, which is if we cannot know - not for all the indicators, EAs, personal experience,...Ignored
DislikedNU long trade open: post classic M15, many long activity. TP/SL 1:1 they might push the price below whole number but half number seems to be a nice zone, too. {image} Additional Trade: If long hits TP @ ~ 0.78, and 0.78 stands stable we should see a fall to ~ .767 Sell limit @ 0.78 TP 0.77 SL 0.782Ignored
Dislikedtoday ,this is my long trade . comments are welcome .thank you {image}Ignored
Disliked{quote} First, trade is a matter how well we protect our asset. That's the key. But then, question came up, How? All of trader fall into this crucial moment, and that moment are "hoping". We all hate loosing money. But ancient wisdom from east said that; "if you can't let go the small one, then the big one will not come to you". It means, because we love so much for our asset, we can't let go the rubbish position, assuming, hoping, thinking, over analyze, that somehow, it will be back soon. Yes it will be back, but in a matter of time, and your...Ignored