Attached Image (click to enlarge)
- #5,288
- Nov 29, 2016 3:04am Nov 29, 2016 3:04am
- Joined Mar 2016 | Status: Full Trader | 1,378 Posts
Go Up
- #5,291
- Nov 29, 2016 5:02am Nov 29, 2016 5:02am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
New to this system, I did not have success with the TMS "Big E" style, but what I've read so far in this thread makes a lot of sense to me. I took the EC trade also this morning, took pips close to the Pivot. Thanks Davit, glad to see your son is better. I have two of my own, rough to think of them being so sick. I waited for it to bounce, make a lower high. Of course that is about the time I got up, and checked the charts, so it kinda fell into my lap. {image}
- #5,292
- Nov 29, 2016 5:13am Nov 29, 2016 5:13am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} Thank you for your comment. Not sure if I should stay or take profit. There is no signal from price to close, but don't want to be greedy. Any suggestions {image}
........ Davit focuses on DD% <- this is a mega excellent MM method cause u have exact risk but also freedom 2 scale out & lower risk after read'n bad PA & also 2 reenter/build ....... another simple method is to scale out like wat Mark Douglas says ...... TP1 scalp - TP2 swing - TP3 position ........ IMO each trader must decide this 4 themself - it is mega important 
- #5,293
- Nov 29, 2016 5:15am Nov 29, 2016 5:15am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} Closed for profit also GBP announcement due so why be greedy {image}
First post here with a GBPAUD +890 from scaling out 4 positions and +350 Open running - I took this trade as a Fade the move last week hitting resistance R61. and the massive 1400 point ramp from the lows over the last 3weeks {image} {image}
- #5,294
- Nov 29, 2016 5:34am Nov 29, 2016 5:34am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
bread&butter play on GA - bounce off S61 after exhausted attempt for S78 - PA head'd back to the pivot - 1 ticket - classic PA on the H1/H4/H12 ....... 
- #5,296
- Nov 29, 2016 5:41am Nov 29, 2016 5:41am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
GCad S38 to pivot - off the back of GA wit AC stall'n on the S38 - just the 1 ticket .......
- #5,298
- Nov 29, 2016 8:43am Nov 29, 2016 8:43am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
Hi Guys
little update.MY son is doing well but fluids still draining from his lung.He may have to stay another week.Its been very hectic for me as you can imagine.
Thanks for all good wishes and prayers.You guys are the best
I see new faces here which is good.Trade small hone your skills.Market will be here no rush.
Closed 3 positions on EA at 4215 +200pips could be more pips
Trade was taken at support close to 61S
little update.MY son is doing well but fluids still draining from his lung.He may have to stay another week.Its been very hectic for me as you can imagine.
Thanks for all good wishes and prayers.You guys are the best
I see new faces here which is good.Trade small hone your skills.Market will be here no rush.
Closed 3 positions on EA at 4215 +200pips could be more pips
Trade was taken at support close to 61S
In trading, you have to be defensive and aggressive at the same time
- #5,299
- Nov 29, 2016 8:46am Nov 29, 2016 8:46am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #5,300
- Nov 29, 2016 8:51am Nov 29, 2016 8:51am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time