DislikedCable , copy at 08-15. {image} H =high... L = Low, high broke then retraced, we can still long the retrace, no idea how far down it will go, it might keep going south.Ignored
every Saint has a past. Every Sinner has a Future
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DislikedCable , copy at 08-15. {image} H =high... L = Low, high broke then retraced, we can still long the retrace, no idea how far down it will go, it might keep going south.Ignored
Disliked...DislikedOk maybe I'm just over thinking this but this part of the Counter Trade is confusing me some.......Price goes UP and we LONG, price reverses and goes all the way down and crosses our lower trigger. At this point we enter 2 SHORT trades. The first trade our TP target is 5 pips ( double original lot size is optional) and the second trade our TP target would be +20 and/or Daily Range. I understand we long and it fails,,, we counter on the Low trigger.... we can either then look for +5 to +20 or daily range low? we then haveIgnoredIgnored
DislikedOk maybe I'm just over thinking this but this part of the Counter Trade is confusing me some.......Price goes UP and we LONG, price reverses and goes all the way down and crosses our lower trigger. At this point we enter 2 SHORT trades. The fi look at one trade at a time,, If trade A fails we counter, it is now held in limbo. Now it is trade B. dont forget we may of had a retrace or two trades go in to off set the loss.Ignored
DislikedAs Lem said, A/U (in my case) broke 04-00 low and kept going. I did not trade it. Some asked, why did i long Cable when i make it known i dont really like doing this??? BECAUSE WE HAD A FAIL ON FRIDAY.... i was also looking for 1 point lolIgnored
Disliked{quote} I really need to learn how to trade the retraces! My Billytt notebook is filling up fast! Time to make room for "retrace trading". Thanks again Bill!Ignored
CADJPY M5
DislikedI pretty much reached my weekly target with this one trade... LOL. BUT, it was a stressful trade.CADJPY WH Surfing +76.7 pips (-13.5-11.4-5.2-12.1*4-12.0*8+15.7*16) I saw price around WH high. I bought and aimed for 5 pips above WH high. Countered at WH mid. Closed the buy and added a sell at WH low. I could've gotten out with some profit if I aimed for 5 pips below WH low, but I was greedy. Price reversed. Closed all sell positions at WH high and entered 4 buys. Price reversed. Closed all buys and added 8 sells at WH low. I aimed...
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Disliked{quote} sorry but i beg to differ, a casino gives out free drinks/rooms, shops give out loss leaders, entrepreneurs invest. Same with me, i start off with X amount and if i end up with X+ that is me with a gain. It doesnt matter if i give some back we have casualties. I know how to play my game.Ignored
Disliked{quote} Hello Billy, wasn't claiming you don't know how to play. Have a look and you'll understand what I meant: http://arno.uvt.nl/show.cgi?fid=122725 Cheers Mate!Ignored
Dislikedt 08-06 i can speak now, i did a quick long on Cable with break of 04-00 high plus a retrace trace , i took 3 %. I wasnt looking for 5% but 1%, so 1% on break and 2% on retrace. I am done.. BUT i have a pending short on the Low looking for the Daily Range, again only looking for 5%Ignored