Disliked{image} A more aggressive target would have been a couple of pips above the 152 support line (which it did touch) All conditions filled for this trade. I also took a long on the AU as at the time they where the 8X1 pair however as you can see on the strength meter in the chart above they came back together so closed out the trade manually for a couple of pips.Ignored
- #1,681
- Jun 20, 2016 7:24pm Jun 20, 2016 7:24pm
- Joined May 2006 | Status: Professional trader, owner of MTC | 1,521 Posts
- #1,683
- Jun 20, 2016 7:38pm Jun 20, 2016 7:38pm
- Joined May 2006 | Status: Professional trader, owner of MTC | 1,521 Posts
- #1,685
- Jun 20, 2016 8:36pm Jun 20, 2016 8:36pm
- Joined May 2006 | Status: Professional trader, owner of MTC | 1,521 Posts
Scalping manually)
- #1,687
- Jun 20, 2016 8:52pm Jun 20, 2016 8:52pm
- Joined May 2006 | Status: Professional trader, owner of MTC | 1,521 Posts
- #1,688
- Jun 20, 2016 8:54pm Jun 20, 2016 8:54pm
- Joined May 2006 | Status: Professional trader, owner of MTC | 1,521 Posts
- #1,690
- Edited 3:08am Jun 21, 2016 2:09am | Edited 3:08am
I think there is an issue with the RmUp/ RmDn calculation. It changes from red to green
See the charts below, changes from 49 Red to 51 Green with the price moving only a couple of points
See the charts below, changes from 49 Red to 51 Green with the price moving only a couple of points
Boxing clever since 76.
- #1,691
- Jun 21, 2016 2:22am Jun 21, 2016 2:22am
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Our AWESOME IMAGINATION is the true holy grail!
- #1,697
- Jun 21, 2016 7:02am Jun 21, 2016 7:02am
{quote} I am trading live account bro. In fact I hate trading with demo accountYes, we better follow the rules in order to achieve more profitable trades. However one thing that is bothering me is SL, Sometimes when I put SL, it often hit and after hitting my SL, the price often go back to my trade direction and that is why, I prefer not to put SL and when I don't feel comfortable anymore, I just closed. I still need to learn many things regarding SL and TP. {image}
Request to you. Please please add SL to all your trades. You can set SL little higher than your indicator suggested SL but please keep it in place. It will help you protect your account in case of sudden spike in price movement.
I do follow Technical indicators but more closely Price Action. It always rules. If your SL getting hit frequently and stopped out of the movement early than two things you can try:-
1) Watch price action on Higher Time Frame (H1 is the best indicator of Price Action) and if HT favors, wait for additional 3 to 5 pips before letting your SL get hit.
2) Always wait for the Candle to close before deciding to take Exit.
Most of the followers here, just follow Technical Indicators of this System wherein hardly anyone thought Why their trades and Timings differ from Carnerio. Its simple logic. He believes in Price Action and understands it deeply. This only comes with experience and practice. I would love to understand that and not just indicators.
- #1,699
- Jun 21, 2016 8:13am Jun 21, 2016 8:13am
- Joined May 2006 | Status: Professional trader, owner of MTC | 1,521 Posts