Our setups earned lots of pips today but could not retain all pips. Some of our traders walked away with pips early, neither I support nor I oppose early withdrwal since I am also not sure how to deal with scenario when candle hit the highest point.. and come back to zero/negative...we may have to work little more in this space.
I like to wait until my setups hit SL, I do not care profit or less but if you do not want to take risk then you may set TP to breakeven.
Please post your setups for today if you find any.
Team, Our setups earned lots of pips today but could not retain all pips. Some of our traders walked away with pips early, neither I support nor I oppose early withdrwal since I am also not sure how to deal with scenario when candle hit the highest point.. and come back to zero/negative...we may have to work little more in this space. I like to wait until my setups hit SL, I do not care profit or less but if you do not want to take risk then you may set TP to breakeven. Please post your setups for today if you find any.
Ignored
I am with you, we need to wait and see what will happen.
Bk8: I have been quietly following your thread for last few weeks and very impressed with your results, simplicity and your excellent attitude. I plan to try your system. I also always look for a daily system where I don't have to be at the computer all the time and with least number of indicators. I have been following this forum for several years and found the thread/system goes down only after we start adding more indicators/lower time frame/EA. Good luck and thanks for sharing. Hopefully, will be able to contribute positively in future. FX_California...
{quote} I am with you, we need to wait and see what will happen.
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Thanks umair, please note that I am used to of this strategy so even it hurts sometime I won't mind, Since I know I will be profitable end of the month.
So please do not be disappointed if some of your setups do not perform as expected.
We do not have strong setups today, we may try following if you are ready to take little risk Short - EUR/GBP, EUR/CHF
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Hey BK8, just to learn something....
I've watched carefully EJ and EG, and I think that charts are very close in aspect especially the last 3 or 4 candles. What make you think that EJ is sideways and EG is a "little better setup"?
{quote} Hey BK8, just to learn something.... I've watched carefully EJ and EG, and I think that charts are very close in aspect. What make you think that EJ is sideways and EG is a "little better setup"?
{quote} Please look at screenshot, you will figure out {image}
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Thanks for the answer, but EG is very similar to the screenshot you posted. If it doesn't bother you, can you explain why you judge EJ sideways and EG a bit better?
Monthly Profit - Daily Trading using SMA
