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- piptrees replied Dec 7, 2008
weekend rule — Hi, Thanks for the advice on the weekend closing. I have 1 more query so it would be great if you can clarify it. Candle 5 was a set up to go short. Candle 1 was the set up to go long. Candle 2 & 3 were failed reversal bars so ...
- piptrees replied Dec 2, 2008
oh I am sorry I forgot to add the chart, here goes! Hi Toni, A was the long set up bar, and B was the reversal bar to trigger the long. Then the long was stopped out at C and subsequently a short was entered to reverse the trade to the opposite ...
- piptrees replied Dec 2, 2008
Hi Annuar, Long set up was at A, reversal bar at B. Got stopped out and reversed(short) at red arrow. Hope this helps!
- piptrees replied Nov 25, 2008
Hi Pit (any relation to brad pitt haha) After the reversal bar (R) closed, I put in the trade to go the opposite direction. According to the rules, my stop for the reversal trade should the lowest low since my short was initiated. So when I was at ...
- piptrees replied Nov 25, 2008
Hey Toni, Thanks for understanding my situation. I was toggling between yours and Howard's replies and my platform screen! Thanks for your help. Anyway I got out at about 1.5350 at a gain of about 100+ pips cos the stocs looked weak and I am not ...
- piptrees replied Nov 25, 2008
Hi guys, I was short at A, then got stopped out in the current bar and my reverse trade to go in the opposite direction was triggered. But since this current bar stopped has not closed. Where should put my stop? or do I have to wait for this bar to ...
- piptrees replied Nov 24, 2008
Hi Ivon, I am also in the long now. Didnt take the signal to go short becos i think that the set up bar(with red arrow over it) may not have been intended to be used as a set up bar cos it is essentially only a 1 hr bar. So when the candle opened on ...
- piptrees replied Nov 21, 2008
Hi, Now we are short again at 1.4812. Just wanted to clarify something about weekend trades since we will be closing our trade for the weekend when this candle closes. Sterling mentioned that on sunday at open, we put in our trade as if nothing has ...
- piptrees replied Nov 21, 2008
Hi everyone, Thanks for all the help you have given me so far, I'm really struggling to understand this wonderful system as fully as possible here as I am going to make this my staple system! So cant afford to shoot myself in the foot all the time ...
- piptrees replied Nov 20, 2008
Hi Howard, I was short from #1 but was stopped out at #2 cos it was a signal to long. Then #2 made a low that was lower than the previous bar so I immediately reversed and is short again now.
- piptrees replied Nov 18, 2008
[CODE[/code] Hi everyone, I am fortunate to come across this thread which lets me take profits from the market whether its going up or down: No guessing, just follow the well laid out rules! am so convinced by it that I am now trading real money ...
- Posts by Member Search: 'piptrees'