Looks like many traders made profit today. Very nice.
I could not trade today
I could not trade today
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DislikedI'm taking the 10 trade challenge on GBP/USD, but decided to experiment with other trades too. My results for past few hours: Trade #1: GBP/USD +5 pips Trade #2: USD/CAD +20 pips Trade #3: USD/CHF +5 pips Trade #4: USD/CHF +20 pips Total=+50 pipsIgnored
DislikedLooks like many traders made profit today. Very nice. I could not trade todayIgnored
DislikedGU - hit TS for +5 Gold - Hit TS for +31 EU - hit TS for +5 EJ - +1 UC - Hit TS for +15 Daily total 57 Pips. Not bad for a first day I've been looking at the trades here and I think that having the TS hurt me more than did good haha. Without a TS and just going for a 2:1 RR I could have bagged 134 pips vs the 57. Anyone that has been trading this for a while have any advice for this? Has a TS been more profitable in the longrun or is sticking to a set TP the better option?Ignored
Disliked{quote} Well done, PipTrek. Your question has been addressed many times through the thread and those of us trading HOLO / 1-2-3 have over the course of time developed our own preferred methods of trade-management. There will be days like today when you will long to have ditched the ts, while on others you will bless it. Over time you will find the balance that suits your own personal style of trading. Well done again.Ignored
Disliked{quote} Thanks I understand it's good to be flexible, or like water as TooSlow put it. I will try haha. I like having a plan in place to stick to. Plus always going for 2:1 isn't really a bad thing if the trades get there often. But I know what you mean if you get a real runner and close out at a TP and it keeps on sailing haha. Thanks for the feedback.Ignored
Disliked{quote} Hi TooSlow Please have a look at this and let me know if it makes sense. Thanks! {file}Ignored
Disliked{quote} I followed this post: https://www.forexfactory.com/showthr...58#post9007658Ignored