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Never give up - From SGD 1000 to financial freedom

  • #1,601
  • Jul 18, 2016 6:05am Jul 18, 2016 6:05am
scalp up and down
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Exits == most important part of your strategy
  • #1,602
  • Jul 18, 2016 6:33am Jul 18, 2016 6:33am
My bones are telling me this is a wave 2. Where it stops the range can be some funky flat or a triangle....definitely not looking for longs because we already entered and exited potential selling zones although i feel there is still more up(maybe lol)....still sitting on my hands although if i wanted to play it loose i might be inclined to start shorting
  • #1,603
  • Jul 18, 2016 6:42am Jul 18, 2016 6:42am
price below dragon level + M30 stochastic is down , what do u think GJ will go ?
Exits == most important part of your strategy
  • #1,604
  • Jul 18, 2016 6:49am Jul 18, 2016 6:49am
Most likely a gap fill. But who cares. As long as we can dance.
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  • #1,605
  • Jul 18, 2016 6:49am Jul 18, 2016 6:49am
Quoting edmun1388
price below dragon level + M30 stochastic is down , what do u think GJ will go ?
sideways
  • #1,606
  • Jul 18, 2016 6:51am Jul 18, 2016 6:51am
Quoting raiders
{quote} sideways
ahah hah hah hah yeah been doing it all day
  • #1,607
  • Jul 18, 2016 7:00am Jul 18, 2016 7:00am
Quoting maflip
{quote} ahah hah hah hah yeah been doing it all day
big messy monday...everytime it moves i can just move the line and find a new pattern....just when you think it might be ready to move on....not so much....gotta love summer low volume
  • #1,608
  • Jul 18, 2016 7:01am Jul 18, 2016 7:01am
Interesting makes me wanna go a long round 2. But stop is too big about 75 pips.
  • #1,609
  • Edited 7:22am Jul 18, 2016 7:02am | Edited 7:22am
ya , I am test strategy , 9/10 trade with +>25 pips , but because of test indicator and observer & try catch good exit , all trade come final +5 to +15 only , real bad .
* now is long
* I am now mq4 my brain to indi lolz .. hard job
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now max pips >30 pips , but what the best exit ??
Exits == most important part of your strategy
  • #1,610
  • Jul 18, 2016 7:03am Jul 18, 2016 7:03am
Quoting raiders
{quote} big messy monday...everytime it moves i can just move the line and find a new pattern....just when you think it might be ready to move on....not so much....gotta love summer low volume
You are right man. But this rally is interesting it's a V reversal. But requires a big stop. Oh geez, i'm gonna move away from my computer before I get gimped again.
  • #1,611
  • Jul 18, 2016 7:03am Jul 18, 2016 7:03am
funny thing though i actually do better during the summer because i get much more defensive with my postions and bracket order everything with smaller TPs. i dont get the entire moves but i make up for it with much larger order sizes
  • #1,612
  • Jul 18, 2016 7:07am Jul 18, 2016 7:07am
GU

seems to be sitting in a flat....ill try to sell the next touch of the top trendline or the break of the bottom....leaning towards 1 more top touch
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  • #1,613
  • Jul 18, 2016 7:38am Jul 18, 2016 7:38am
Quoting edmun1388
ya , I am test strategy , 9/10 trade with +>25 pips , but because of test indicator and observer & try catch good exit , all trade come final +5 to +15 only , real bad . * now is long * I am now mq4 my brain to indi lolz .. hard job {image} now max pips >30 pips , but what the best exit ??
TP1 141 is good
  • #1,614
  • Jul 18, 2016 7:45am Jul 18, 2016 7:45am
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How many % chance that can reach my target 141.100 ?
* max pips now +50 pips
Exits == most important part of your strategy
  • #1,615
  • Jul 18, 2016 7:53am Jul 18, 2016 7:53am
Quoting edmun1388
{image} How many % chance that can reach my target 141.100 ? * max pips now +50 pips
90%
  • #1,616
  • Jul 18, 2016 7:54am Jul 18, 2016 7:54am
Quoting edmun1388
{image} How many % chance that can reach my target 141.100 ? * max pips now +50 pips
Anyway, I will not exit my long until 145.
  • #1,617
  • Jul 18, 2016 7:54am Jul 18, 2016 7:54am
UJ 107.5
  • #1,618
  • Jul 18, 2016 7:59am Jul 18, 2016 7:59am
Quoting goldgirl
{quote} Anyway, I will not exit my long until 145.
base on which time frame ?
Exits == most important part of your strategy
  • #1,619
  • Jul 18, 2016 7:59am Jul 18, 2016 7:59am
Quoting edmun1388
{quote} base on which time frame ?
145 is H4 target. Actually 145 to 149. But. you are a scalper you don't have the guts to hold it that long.
  • #1,620
  • Jul 18, 2016 8:02am Jul 18, 2016 8:02am
Quoting maflip
{quote} 145 is H4 target. Actually 145 to 149. But. you are a scalper you don't have the guts to hold it that long.
I dont like to scalp .. but if my scalp/change entry become long term entry is nice ...that give big advantage ..
Exits == most important part of your strategy
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