{quote} It is still at about 9945 now {image}
It falls double than it move up from my entry.
Carpe diem: Intraday tactics for Dax and Dow
- #22,384
- May 13, 2016 5:30pm May 13, 2016 5:30pm
- | Joined Aug 2013 | Status: Trader | 4,057 Posts
{quote} Nice fall
- #22,385
- Edited 4:41am May 14, 2016 4:22am | Edited 4:41am
- Joined Nov 2009 | Status: Trader | 27,245 Posts
Overlapping Candle Concept
Approximate Values
Monthly H 10'475 - L 9'410
Weekly H 10'050 - L 9'760
Daily H 9'905 - L 9'805
In this way I think I can redistribute my open orders (#22'352 o.O, two open orders which are hedged actually #22'359/#22'056 & #22'360/#22'057);
so no need for going out of the market too early with any kind of "Stop Loss" - concept.
Give your orders a chance to running back into the profit zone.
(Expected max. drawdown: ~5'000.-$; 50% at one 10-K-acc.
This could be the price when trading without any stop loss.
This shouldn't be high risk, inasmuch as I trade with 4 accounts & the two open orders are only the substrate to be left in the basket of these four accounts;
"so the wounded were dispersed among hospitals" - it remains 12.5% risk capital per account).
It is how I learn.
FXcube
DAX, Daily, 2016 Mai 14
Approximate Values
Monthly H 10'475 - L 9'410
Weekly H 10'050 - L 9'760
Daily H 9'905 - L 9'805
In this way I think I can redistribute my open orders (#22'352 o.O, two open orders which are hedged actually #22'359/#22'056 & #22'360/#22'057);
so no need for going out of the market too early with any kind of "Stop Loss" - concept.
Give your orders a chance to running back into the profit zone.
(Expected max. drawdown: ~5'000.-$; 50% at one 10-K-acc.
This could be the price when trading without any stop loss.
This shouldn't be high risk, inasmuch as I trade with 4 accounts & the two open orders are only the substrate to be left in the basket of these four accounts;
"so the wounded were dispersed among hospitals" - it remains 12.5% risk capital per account).
It is how I learn.
FXcube
DAX, Daily, 2016 Mai 14
- #22,386
- May 14, 2016 5:37am May 14, 2016 5:37am
- Joined Nov 2013 | Status: Only thing to change was the view. | 2,446 Posts
Que Sera
- #22,388
- May 14, 2016 1:31pm May 14, 2016 1:31pm
- Joined Nov 2013 | Status: Only thing to change was the view. | 2,446 Posts
Que Sera
- #22,390
- Edited 3:09am May 16, 2016 2:40am | Edited 3:09am
- Joined Nov 2009 | Status: Trader | 27,245 Posts
- #22,393
- May 16, 2016 5:29am May 16, 2016 5:29am
- Joined Nov 2013 | Status: Only thing to change was the view. | 2,446 Posts
Que Sera
- #22,398
- May 16, 2016 6:27am May 16, 2016 6:27am
- Joined Jul 2012 | Status: Trader | 32,032 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #22,399
- May 16, 2016 6:35am May 16, 2016 6:35am
- Joined Jul 2012 | Status: Trader | 32,032 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #22,400
- May 16, 2016 6:42am May 16, 2016 6:42am
- Joined Jul 2012 | Status: Trader | 32,032 Posts
It's better to be out wishing to be in... than to be in wishing to be out!