{quote} Far be it from me to tell you what to use, turnip. However, it does appear that MT4 is very popular on FF, and it's very easy to use. The ball's in your court, as they say!
every Saint has a past. Every Sinner has a Future
Psych Levels, Pivots, and Trendlines - Resurrected
- #10,321
- Jul 13, 2015 11:50am Jul 13, 2015 11:50am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
- #10,323
- Jul 14, 2015 7:17am Jul 14, 2015 7:17am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
A rather large ascending triangle on AJ at present. It'll be interesting to see what the outcome is.
- #10,325
- Jul 14, 2015 7:48am Jul 14, 2015 7:48am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
Hello All, UJ: Triangle breakout, enter and exit as marked. Done for the day, still reading entire thread, lots of good quality information. {image}
Enjoy!
- #10,326
- Jul 14, 2015 9:49am Jul 14, 2015 9:49am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
15min..... EU
A rising channel formed from MS1 to the Main Pivot line. Price then dropped and broke out, continuing down until it hit MS1. Entry and exit as shown.
A rising channel formed from MS1 to the Main Pivot line. Price then dropped and broke out, continuing down until it hit MS1. Entry and exit as shown.
- #10,327
- Jul 14, 2015 11:53am Jul 14, 2015 11:53am
- Joined Jan 2010 | Status: Trader | 2,021 Posts
15min..... EU A rising channel formed from MS1 to the Main Pivot line. Price then dropped and broke out, continuing down until it hit MS1. Entry and exit as shown.
- #10,330
- Jul 15, 2015 1:17am Jul 15, 2015 1:17am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
{quote} Hi EV, so we can also trade during US session. Not only london session?
- #10,333
- Jul 15, 2015 3:50am Jul 15, 2015 3:50am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
Nice trades from Cold and Coastie. (Sounds like a comedy duo!!) Well done, lads!
) Well done, lads! 
. Anyways, the trade was good enough to make back previous loss.
- #10,335
- Jul 16, 2015 3:50am Jul 16, 2015 3:50am
Cheers guys, I'm getting better every week!.
Fuzz,
I know that burnt feeling!!!!
Good to see you recovered.
I also had troubles with staying in trades, it just doesn't suit me personally to stay in a trade.
I have found (for me anyway) that a 20 pip TP per trade reduced my stress, anxiety and poor trading habits. That way I can set and forget and I know not to interfere with it, I usually walk away from the computer to ensure that I don't tamper with the trade. It is either TP or SL and is working really well for me.
Here is my trade tonight.
Bounce off 50sma and MS1.
TP 20 pips!
Cheers
Coastie
.Fuzz,
I know that burnt feeling!!!!
Good to see you recovered.
I also had troubles with staying in trades, it just doesn't suit me personally to stay in a trade.
I have found (for me anyway) that a 20 pip TP per trade reduced my stress, anxiety and poor trading habits. That way I can set and forget and I know not to interfere with it, I usually walk away from the computer to ensure that I don't tamper with the trade. It is either TP or SL and is working really well for me.
Here is my trade tonight.
Bounce off 50sma and MS1.
TP 20 pips!
Cheers
Coastie
- #10,336
- Jul 16, 2015 4:38am Jul 16, 2015 4:38am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
Cheers guys, I'm getting better every week!
Cheers guys, I'm getting better every week!
Thanks for the hints mate, I tend to fight with myself for when to TP. Yesterday wasn't a good trading day for me overall, but that's ok, part of the game.
EV, do you have any breakeven guidelines? Do you ever move a position to breakeven?
- #10,338
- Jul 16, 2015 8:36am Jul 16, 2015 8:36am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
[quote=fuzz;8385092]{quote} EV, do you have any break even guidelines? Do you ever move a position to breakeven?[/quote
You place a trade and a stop loss...say 20. Once your trade is 20 pips in the black, move your stop loss to break even, plus the spread. That's working on a 1:1 basis, of course. I hope that makes sense, because it's easy to misunderstand. If I've got it wrong, (and I probably have) don't hesitate to correct me!!
You place a trade and a stop loss...say 20. Once your trade is 20 pips in the black, move your stop loss to break even, plus the spread. That's working on a 1:1 basis, of course. I hope that makes sense, because it's easy to misunderstand. If I've got it wrong, (and I probably have) don't hesitate to correct me!!
[quote=eyevoltage;8385451]
Do you mean, once the trade hit a 1:1 RR you move to BE+ spread? Hope I got it right
{quote} EV, do you have any break even guidelines? Do you ever move a position to breakeven?[/quote You place a trade and a stop loss...say 20. Once your trade is 20 pips in the black, move your stop loss to break even, plus the spread. That's working on a 1:1 basis, of course. I hope that makes sense, because it's easy to misunderstand. If I've got it wrong, (and I probably have) don't hesitate to correct me!!
- #10,340
- Jul 16, 2015 9:09am Jul 16, 2015 9:09am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
[quote=fuzz;8385511]
Yeah, that's how I see it, mate.
{quote} Do you mean, once the trade hit a 1:1 RR you move to BE+ spread? Hope I got it right