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  • #1,042,981
  • Dec 10, 2015 12:45pm Dec 10, 2015 12:45pm
Quoting ahmed-2014
{quote} i BE @57% you really don't get what i mean for example if you short and price went against you like 100 pips then you short again above BE would be a price where loss of lower short get covered by gain from the higher short so BE will be @ zero net profit/loss i hope i explained it right
use this indie

it will help alot in such situations

every time you add an order
select the BE line
delete
refresh
the new BE will appear at your chart
Attached File(s)
File Type: mq4 breakeven.mq4   4 KB | 267 downloads
THE CHANNELER
  • #1,042,982
  • Dec 10, 2015 12:54pm Dec 10, 2015 12:54pm
Quoting ahmed-2014
{quote} use this indie it will help alot in such situations every time you add an order select the BE line delete refresh the new BE will appear at your chart {file}
if you want an EA that would do the job for you
i will post it and explain a little bit about it
it will help you close all orders at BE if market went against you
THE CHANNELER
  • #1,042,983
  • Dec 10, 2015 1:02pm Dec 10, 2015 1:02pm
Quoting TsunamiPL
Long 1.09400
me too keeping my longs
either make profit or BE

good luck
THE CHANNELER
  • #1,042,984
  • Dec 10, 2015 1:11pm Dec 10, 2015 1:11pm
me again,
with shorts.
profit locked

"don't try and catch a falling knife"
Attached Image (click to enlarge)
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Attached Image
  • #1,042,985
  • Dec 10, 2015 1:13pm Dec 10, 2015 1:13pm
Quoting openyoureyes
"don't try and catch a falling knife" {image}
Kevlar gloves.... it's all in having the right tools for the job.
  • #1,042,986
  • Dec 10, 2015 1:18pm Dec 10, 2015 1:18pm
4H target

HAPPY HUNTING
Attached Image (click to enlarge)
Click to Enlarge Name: eu4hh.jpg Size: 204 KB
  • #1,042,987
  • Dec 10, 2015 1:21pm Dec 10, 2015 1:21pm
Quoting openyoureyes
me again, with shorts. profit locked "don't try and catch a falling knife" {image} {image}
one of my expertise is catching falling knifes lol
  • #1,042,988
  • Edited 1:37pm Dec 10, 2015 1:21pm | Edited 1:37pm
Good luck traders
FREEDOM IS SECURITY.
  • #1,042,989
  • Dec 10, 2015 1:36pm Dec 10, 2015 1:36pm
Quoting hippiedog
There is very simple way to learn how to hold a position for a long time without the fear of the unknown... I would suggest to anybody reading this that if you do not understand or are new to trading trial this method with a micro account first.... This is my own strategy and it does not use stops.... Apply two set of Bollinger bands 100/2 and 100/3 and apply 2 EMA 30 and 60.... When price has breached the 100/3 and has then channelled between the two Bollinger bands past the existing high we are now looking for break out of the channel as now demonstrated...
I use very similar system but without any indicator. Just feel that market is oversold/overbought and need correction. I use only trendlines and S&R. It works for me for a long time and same as you I don't use stop losses. I feel much more comfortable and my equity still rise.. When you use small positions there isn't any nervous situation. Just wait for your profit.
I found that there are only three rules on market.
1. Trend is your friend
2. Buy the dips, sell the rallies
3. Don't fight with falling knife
This three simple rules are in every book you can buy. But nobody want to understand it in theirs simplicity. It took me 2 years of my live.
  • #1,042,990
  • Dec 10, 2015 1:40pm Dec 10, 2015 1:40pm
Quoting dafa
{quote} I use very similar system but without any indicator. Just feel that market is oversold/overbought and need correction. I use only trendlines and S&R. It works for me for a long time and same as you I don't use stop losses. I feel much more comfortable and my equity still rise.. When you use small positions there isn't any nervous situation. Just wait for your profit. I found that there are only three rules on market. 1. Trend is your friend 2. Buy the dips, sell the rallies 3. Don't fight with falling knife This three simple rules are in...
Me to buddy, it took a while... but when you get there you know it... keep it simple... green pips DAFA
These trade set ups are worth waiting for...
FREEDOM IS SECURITY.
  • #1,042,991
  • Dec 10, 2015 1:50pm Dec 10, 2015 1:50pm
Quoting openyoureyes
4H target HAPPY HUNTING {image}
What if this is just a fake breakout?
  • #1,042,992
  • Dec 10, 2015 1:53pm Dec 10, 2015 1:53pm
consistent history's
FREEDOM IS SECURITY.
  • #1,042,993
  • Dec 10, 2015 1:53pm Dec 10, 2015 1:53pm
Quoting pipssniper10
{quote} What if this is just a fake breakout?
in about 7 min my 4H closes.
if it is a fakie, SL above BE
  • #1,042,994
  • Dec 10, 2015 1:57pm Dec 10, 2015 1:57pm
Quoting openyoureyes
{quote} in about 7 min my 4H closes. if it is a fakie, SL above BE
I spotted that break on 4H too, But I usually wait for it to retest before going in. So I am sitting long, looking for 1.1, wishful thinking maybe, but time will tell.
  • #1,042,995
  • Dec 10, 2015 1:58pm Dec 10, 2015 1:58pm
Quoting hippiedog
{quote} Me to buddy, it took a while... but when you get there you know it... keep it simple... green pips DAFA These trade set ups are worth waiting for...
green pips
  • #1,042,996
  • Dec 10, 2015 2:24pm Dec 10, 2015 2:24pm
Yellow lines came from here, blue lines and circles are new things.
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  • #1,042,997
  • Dec 10, 2015 2:39pm Dec 10, 2015 2:39pm
Quoting ahmed-2014
{quote} ain't no noise my friend there is a pattern hidden inside designed to hunt SLs of long orders and to enhance ppl go short
I have no words. Do what you want your Grail says
  • #1,042,998
  • Dec 10, 2015 2:41pm Dec 10, 2015 2:41pm
Quoting MaxDoom
{quote} I have no words. Do what you want your Grail says
Max, are you still holding your shorts? I'm guessing you've added to them?​
  • #1,042,999
  • Dec 10, 2015 2:52pm Dec 10, 2015 2:52pm
Quoting MissPips
What I see as the S areas (or the BRC areas depending if you want to trade long or short). The darker the color the more the likelyhood of getting a decent bounce, IMHO. Second chart shows the basis for the analysis.Third chart is the event map - what prices were at critical events {image} {image} {image}
Trendline broken on the hourly on the fourth try. Maybe down to the next circled area after a retest of the trendline.
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  • #1,043,000
  • Dec 10, 2015 2:59pm Dec 10, 2015 2:59pm
Quoting MissPips
{quote} Trendline broken on the hourly on the fourth try. Maybe down to the next circled area after a retest of the trendline. {image}
right on.
I'm holding to 4H for sometime now.

1H is fresh.
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