Some times my broker does not let me enter the trade because of changing of the price ( i mean when i for example SELL and the price move some tiny pips the broker reject that trade )
How could i fix it ?
How could i fix it ?
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DislikedSome times my broker does not let me enter the trade because of changing of the price ( i mean when i for example SELL and the price move some tiny pips the broker reject that trade ) How could i fix it ?Ignored
DislikedUnemployment claims 1:30GMT+,entered on the red vertical line,still on the demo,no spread widening,I pray it will be like this when I go live with this system. {image}Ignored
DislikedUnemployment claims 1:30GMT+,entered on the red vertical line,still on the demo,no spread widening,I pray it will be like this when I go live with this system. {image}Ignored
DislikedPlease master Vvfish,what is your settings for the wheelbarrel trailing eaIgnored
Previous Example: on December 7 2012, at 8:30am, USA Nonfarm Payroll number was released, so in the first 12 seconds, the price of USDJPY spiked up by 45.2 pips from 82.321 to 82.773. Then price started retracing, and within about 60 seconds retraced to 30% level of 82.637. So you would Buy at 82.637, set a stop/loss at 82.487, and set a take/profit at 82.787. 3 minutes after the report the take/profit was hit yielding 12.0 pips of profit, given that your spread at the time of the entry was at exactly 3 pips.
Be patient, and do at least 20 "second wave" trades, before getting frustrated and quitting.
Once you become good at it, you will be able to win on average 7 to 8 out of 10 trades.
Keep win to loss ratio at 1:1. Tweak it only after you are consistently profitable with 1:1.
Remember, it does not matter whether you make or lose 10 pips or 100 pips on a trade. What matters is how much money you make or lose on a trade. When risking 10 pips, simply put up 10 times more lots than you would when you risk 100 pips, and at the end you will make or lose the same amount of money. Yes, spread to pips targeted ratio matters, but these news "second wave" moves have such high probability of success that they somehow make up for the very high spread to pips targeted ratio (2 to 10), which is a small miracle in itself.
DislikedWhat do you think about so called Diamonds Trading Signals? Diamonds Trading Signals Trade Plan USA Nonfarm Payroll ⋯ 8:30am NY time (Friday, May 6) ⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯ Traded currency pairUSDJPY Initial spike duration limit30 seconds Initial spike price action threshold25 pips Triggering retracement percentage30 % Retracement duration limit90 seconds Maximum trade hold time after release15 minutes Stop loss15 pips Take profit15 pips...Ignored