My trades for today Asia session 5 trades 4 wins and 1 loss on EJ -12 London session 5 trades 5 wins to follow trade screenshots
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Hi moneybill, very very good day, congratulation!I would like to ask you, do you pay attention at support, resistance, trend line when you open a trade or written you have the setup based this strategy you pull the trigger?Thanks!
{quote} Another great trade! How to use the hidden sl, please?Thanks!
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Instead of using no sl or hidden sl, let's say you keep 20 pips for the actual 10 pips and close the trade when it reaches to 10.. if something goes terribly wrong, at least you have a 20 pips SL already at the broker side. Catastrophic events can result in the trade going against you for thousands of pips, which means death of your account.. I know someone who lost 5000$ on the tsunami day.. personally i had a 2000 pips loss (luckily it was a micro lot) on SNB news on jan 15th 2015..
{quote} Instead of using no sl or hidden sl, let's say you keep 20 pips for the actual 10 pips and close the trade when it reaches to 10.. if something goes terribly wrong, at least you have a 20 pips SL already at the broker side. Catastrophic events can result in the trade going against you for thousands of pips, which means death of your account.. I know someone who lost 5000$ on the tsunami day.. personally i had a 2000 pips loss (luckily it was a micro lot) on SNB news on jan 15th 2015.. "A wise man learn from mistakes of others"
{quote} Hi money bill, where did you enter this trade? I don't understand the setup, please may you help me?Syl
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This is asia session trade tp is slow to hit
when i take picture the entry was not in it because it is far
here is the entry i made http://s13.postimg.org/mx3qp4kbb/image.png
{quote} Another great trade! How to use the hidden sl, please?Thanks!
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Please be careful in using hidden sl
it requires careful watch and
make sure that there are no big speeches like draghi and fomc
and other events that could make big moves like interest rate decision
as for the usual news you can set stops as adviced by bluejack
or you have the option to avoid it
{quote} This is asia session trade tp is slow to hit when i take picture the entry was not in it because it is far here is the entry i made http://s13.postimg.org/mx3qp4kbb/image.png
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Ok! Perfect thank bogey much and I wish you many green pips!
{quote} Please be careful in using hidden sl it requires careful watch and make sure that there are no big speeches like draghi and fomc and other events that could make big moves like interest rate decision as for the usual news you can set stops as adviced by bluejack or you have the option to avoid it
