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Highest Open / Lowest Open Trade

  • #7,661
  • Oct 10, 2016 9:39am Oct 10, 2016 9:39am
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Stay GREEN my friends........
  • #7,662
  • Oct 10, 2016 10:04am Oct 10, 2016 10:04am
Quoting TooSlow
{image} Now I have a 5 pip trailing stop set.
Another question I'm afraid, I was wondering why this would not have been a +1 trail out.
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  • #7,663
  • Oct 10, 2016 10:05am Oct 10, 2016 10:05am
Hey guys
why no one not post charts with a trade on it?
I see so many visitors here and nobody post a chart with a trade
or no one trade this perfect system?

WE ALL LEARN FROM THE CHART!!!!!
so please participate and just DO IT
cheers
Alex
Stay GREEN my friends........
  • #7,664
  • Oct 10, 2016 10:08am Oct 10, 2016 10:08am
Quoting JackAntigua
{quote} Another question I'm afraid, I was wondering why this would not have been a +1 trail out. {image}
This is Forex mate prise going up and down
if you have move your stop after +5 to BE+1 then you have a winning trade even if a price is retraced on you
cheers
Alex
Stay GREEN my friends........
  • #7,665
  • Oct 10, 2016 10:11am Oct 10, 2016 10:11am
Quoting alexforex541
Hey guys why no one not post charts with a trade on it? I see so many visitors here and nobody post a chart with a trade or no one trade this perfect system? WE ALL LEARN FROM THE CHART!!!!! so please participate and just DO IT cheers Alex
Posting charts is secondary.
Making money is primary.
My charts show setups and what happened after the setup.
You learn trading by trading.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,666
  • Oct 10, 2016 10:23am Oct 10, 2016 10:23am
Quoting TooSlow
{quote} Posting charts is secondary. Making money is primary. My charts show setups and what happened after the setup. You learn trading by trading.
Yes exactly this is how we can learn and keep going
make a trade and post it so others can see the opportunity to (if they miss it )
I use this system sence you start this threat if you remember after two weeks testing I went live and from then I don`t have a loosing week
but if you preffer not to post trades then I stop
all the best
Alex
Stay GREEN my friends........
  • #7,667
  • Oct 10, 2016 10:29am Oct 10, 2016 10:29am
Quoting alexforex541
Hey guys why no one not post charts with a trade on it? I see so many visitors here and nobody post a chart with a trade or no one trade this perfect system? WE ALL LEARN FROM THE CHART!!!!! so please participate and just DO IT cheers Alex
Everyone's different, Buddy. TS has answered already and without repeating that (or myself, as I have covered this kind of thing before), I trade multiple methods and all have their own screen c/w indicators etc for that method. I then place the trades on my live account. No trade will show on the other screen. I know there are others who do the same thing.

In other cases, some people need a bit more time to build their confidence here - it can be intimidating if you're just learning. I'd prefer to have people stay around, even if it means they watch, ask questions and learn and try on their own and get better, building that confidence before beginning to post, than be intimidated off the thread.

I reckon that most will post once they have run the 10-Trade Workout, so it'll all come good in the long run.

Also by showing potential set-ups, as TS, myself and PtG tend to do but then standing back and letting everyone analyse and figure out if the trades are fully viable, is a much better way of learning, rather than spoon-feeding.

It's all good!
  • #7,668
  • Oct 10, 2016 10:32am Oct 10, 2016 10:32am
Quoting alexforex541
{quote} This is Forex mate prise going up and down if you have move your stop after +5 to BE+1 then you have a winning trade even if a price is retraced on you cheers Alex
That is my point. This is the trade that TS is in and he implied that he was still in it having set a 5 pip trailing stop. I can't understand why he wouldn't already have been stopped out a +1 according to the rules.
  • #7,669
  • Edited 10:56am Oct 10, 2016 10:36am | Edited 10:56am
Quoting JackAntigua
{quote} That is my point. This is the trade that TS is in and he implied that he was still in it having set a 5 pip trailing stop. I can't understand why he wouldn't already have been stopped out a +1 according to the rules.
Maybe he have a different chart signal then you....
I don`t know but I`m shure it was a miss understeding......
Just move on mate look for the next trade
cheers
Stay GREEN my friends........
  • #7,670
  • Oct 10, 2016 10:53am Oct 10, 2016 10:53am
Quoting alexforex541
{quote} Yes exactly this is how we can learn and keep going make a trade and post it so others can see the opportunity to (if they miss it ) I use this system sence you start this threat if you remember after two weeks testing I went live and from then I don`t have a loosing week but if you preffer not to post trades then I stop all the best Alex
Please continue to post as much as you wish.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,671
  • Oct 10, 2016 11:06am Oct 10, 2016 11:06am
Quoting TooSlow
{quote} Please continue to post as much as you wish.
It`s all good mate
thank you
Stay GREEN my friends........
  • #7,672
  • Edited 11:20am Oct 10, 2016 11:07am | Edited 11:20am
Trade #4: GBP/USD
Running tally: +5, +1, +5, -9
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-10-10 13_06_31.png Size: 9 KB
Student of the Markets
  • #7,673
  • Oct 10, 2016 11:08am Oct 10, 2016 11:08am
Quoting trapforex
{quote} yes, FXCM is safe. but they have commision 0.08 per 1k plus spread. so if trade hit sl be+1 which will be $0.1 profit if i trade 0.01 lot, and commission is 0.13 like on picture below, then i am not in profit but in minus. {image}
hi tooslow. can you answer me this question about broker.
i cant find ecn broker where i will have profit when trade hit be+1. this annoys me.
you can see this in picture above. this is from fxcm wesbite.
what to do? to move stop to be+1.5 or be+2? but then there will be less space for trade.
i can have 100 be+1 and hey i am make 100 pips, thats really cool. i never before thinking about that. but beacuse of broker this 100 be+1 will not be profit.
which borker you guys using? if you want, say it, it can help us newbies.

what to do tosloow?
  • #7,674
  • Oct 10, 2016 11:14am Oct 10, 2016 11:14am
Quoting JackAntigua
{quote} Another question I'm afraid, I was wondering why this would not have been a +1 trail out. {image}
That's easy, entry counting from right was 5th and 1st bar you highlighted. Should have been +5 exit. And then another entry at the 5th bar
  • #7,675
  • Oct 10, 2016 11:27am Oct 10, 2016 11:27am
Quoting trapforex
{quote} hi tooslow. can you answer me this question about broker. i cant find ecn broker where i will have profit when trade hit be+1. this annoys me. you can see this in picture above. this is from fxcm wesbite. what to do? to move stop to be+1.5 or be+2? but then there will be less space for trade. i can have 100 be+1 and hey i am make 100 pips, thats really cool. i never before thinking about that. but beacuse of broker this 100 be+1 will not be profit. which borker you guys using? if you want, say it, it can help us newbies. ...
Hi mate
I`m using Activtrades in England
using they mt4 platform for Live and demo
good spread and fast withdrawals newer have a problem with them a past 6 years
cheers
Alex
Stay GREEN my friends........
  • #7,676
  • Oct 10, 2016 11:28am Oct 10, 2016 11:28am
what to do trotag ?
Attached Image
  • #7,677
  • Oct 10, 2016 11:32am Oct 10, 2016 11:32am
Slow Day
only 280 pips
I`m out
back tomorrow
cheers
Alex
Stay GREEN my friends........
  • #7,678
  • Oct 10, 2016 11:36am Oct 10, 2016 11:36am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,679
  • Edited 11:52am Oct 10, 2016 11:37am | Edited 11:52am
Trade #5: GBP/USD (15 min. chart) RE-ENTRY
Following Rules
Running tally: +5, +1, +5, -9

Breaking Rules
Running tally: -11 (Rule #6)
Attached Image (click to enlarge)
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Student of the Markets
  • #7,680
  • Oct 10, 2016 11:39am Oct 10, 2016 11:39am
Quoting trapforex
{quote} hi tooslow. can you answer me this question about broker. i cant find ecn broker where i will have profit when trade hit be+1. this annoys me. you can see this in picture above. this is from fxcm wesbite. what to do? to move stop to be+1.5 or be+2? but then there will be less space for trade. i can have 100 be+1 and hey i am make 100 pips, thats really cool. i never before thinking about that. but beacuse of broker this 100 be+1 will not be profit. which borker you guys using? if you want, say it, it can help us newbies. ...
FXCM offers a pay the spread only option.
BE is the level price must reach for you to exit a zero profit, zero loss.
Calculate your BE properly.
BE+1 is BE+1 no matter spread and/or commission.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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