DislikedEA gave excellent Qbox signal bout 4hrs ago , 2 boxes (60 setting) {image}Ignored
Too busy posting to the thread .. ha ha!
Masterrmind...........
Master your Mind then Master your Trades
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DislikedEA gave excellent Qbox signal bout 4hrs ago , 2 boxes (60 setting) {image}Ignored
Disliked{quote} Once I post a chart it will be very clear! As an aside note - EURAUD Chart: if the next candle forms as a bearish candle and closes very close to the DO line I most likely would not enter the trade ... I would wait until the next candle forms! {image} Since we are wanting a bearish candle this will force price down closer to the DO line so the timing of the entry is not quite to our advantage. Price currently is less than 10 pips to the DO line! You always need to put everything you analyze into context ... ask yourself does it make sense...Ignored
DislikedSNAP thats what I meant about chasing after a signal , someone talks to you for 1 minute or 2 and the moment is passed Im hoping (bad word) EG goes on with short now once 50tick Ts kicks in Ill move it out to 75/100Ignored
Disliked{quote} Yes! Wait for Q boxes to get printed out and say for a potential short cycle as price continues UP start entering pending sell stops starting from the 1st entry. Definitely apply this type of approach because you want to start opening orders as price heads back down. In fact as an example that's what I started doing for the 10 shorts taken on EURGBP [M1; 200] chart. What I did is wait for multiple Q boxes to be printed which on my EG [M1] chart was 8 then watched price drop a little and then up price went to test the highs again and printed...Ignored
Disliked{quote} Time to start thinking about getting out of these example shorts on EURGBP! {image} 1 long Quantum box has been generated and we all know what happened yesterday when I allowed the trades to run. Just as a learning exercise I'll allow them to run again and lets see how we might manage them. Masterrmind............Ignored
Disliked{quote} EURGBP [M1; 200 - manual] If price hits the DO line I'll consider closing out half the trades and putting stops at BE on the last 5 entries. Current price a good 15 pips below the pivot If price breaks out above 78.300 level I'll close out half the trades and monitor the final 5 entries. I know the current risk% and the total risk% if the cycle got stopped out at current SL levels but I want to reduce it as soon as it makes sense to do so. Masterrmind...........Ignored
Disliked{quote} EURGBP [M1; 200 - manual] {image} Currently the action is to the down side. So I can start to tighten the stops now..... Masterrmind............Ignored
Disliked{quote} Stops reduced. TPs extended. {image} Masterrmind............Ignored
Disliked{quote} Bulls are trying to make a come back ......... {image} Give it time though no need to rush into closing out trades just yet! Patience and clear thinking! Masterrmind..........Ignored
Disliked{quote} Bears coming alive ...... {image} SLs reduced again. TPs dragged down a bit lower again (no point in limiting profit if the market wants to give it out! ........... Masterrmind...........Ignored
Disliked{quote} Price now down near the Do line so monitor PA for any signs of bullish intent and close out half the trades if desired. If the bears continuing taking price down follow it by shortening stops and extending TPs Masterrmind..........Ignored
Disliked{quote} No risk now all stops below entries. The downside of doing this though is being taken out by a small jump up in price. However, some profit has now been locked in. Masterrmind............Ignored