Morning cprao, The problem is if I cancel the one order after the first order is triggered then I would end up with a loss. At least now with both orders being triggered I end up break even (Just end up paying the broker for the spread- but that ...

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A question — Morning all, So it is 07h50 UK time, I open my charts to place my orders and this is what I see. So what to do?

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GBPUSD 7 April Result — Hi all, Here is my result for todays setup. Buy hit SL--46 Pips Sell hit TP--46 Pips Today-- 0 Pips Net Pips to date +49pips. Seems to be plenty of double trades (both sell and buy trades). M

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GBPUSD 7 April — Good morning all Here is my set up for today. Buy @ 1.5271 SL 1.5225 TP 1.5317 (Risk/Reward 46 pips). Sell @1.5225 SL 1.5271 TP 1.5179 (Risk/Reward 46pips). Lets see how the day unfolds M

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Hi, The original tread starter never set a TP, but rather suggested a trailing SL, with the idea of catching a long profitable. I choose to use a set TP and a set SL, with a R:R of 1:1. I will keep posting my results, to show a possible alternative ...

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Hi stevegee58, Great mod, thank you very much, makes life even easier. Will be using it from now on. M

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Hi Far East Man, I work out my money management the same way. Well explained. Have you moved your SL on your sell trade yet? Thanks M

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Trading results — Hi Far East Man, I agree, if we both post results (you = 1hr, me = 5 min). Then we can judge which TF is better for trading the ZigZag. Hope you GBPUSD sell turns out +ve. Cheers Mate M

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GBPUSD 6 April Result — Hi all, 2 hours later and both triggers were opened and closed. Buy- SL hit -32pips Sell- TP hit +32pips Todays result 0 pips Total net pips- +49 pips Have a great day all. M P.S Just had a closer look at the time on my ...

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GBPUSD 6 April — Hi all Here is my set up for this morning. Swing high @ 1.5236 Buy trigger 1.5241 TP 1.5274 SL 1.5209 (Risk 32 pips) Swing Low @ 1.5210 Sell trigger 1.5209 TP 1.5177 SL 1.5241 (Risk 32 pips) M

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Hi Far East Man, Will help, by willing the the GBP to strengthen Pips for all M

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Hi Cprao You got it! (dont worry I also got/get confused about the Fixed swing highs/lows.) If we keep posting charts then we all learn. I generally use a fixed TP (Take Profit) and a fixed SL (Stop Loss). With a R:R (risk:reward) of 1:1. ...

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Hi Far East Man (enjoy playing catch with your kid, its what really matters) I generally don't tighten my triggers as the swing range decreases. I try log in at London open, place my orders and then get on with the rest of my day. Trying to keep it ...

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5 April GBPUSD 5 min Result — Hi all Here is the result of this mornings setup. Buy order triggered and closed for +33pips Net result to date 49pips

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Hi Far East Man, Unfortunately not done yet (missed TP buy 11pips) ......TWT. However I have my doubts that the buy TP (TP 1.5287) will be reached> 1 hour charts are looking very bearish at the moment. If I had used the correct Swing high, as ...

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Hi Howard Thanks for looking at my charts and correcting me on my swing high. Serves me right for doing 2 things at once and not concentrating. M

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5 April GBPUSD 5 min — Good Morning Cprao & Far East Man, I agree- with Europe, UK and Canada all on holiday, today could be either very dull or very volatile. Here are my trades for today (Chart GMT+2). Swing high @ 1.5249 Buy @ 1.5254 (4pips ...

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Thanks Far East Man — Hi, Thanks for your detailed reply. My setting on the ZigZag is also 13,5,5. I am also a % trader, so I am not too worried about the pip value just the risk> read your blog, I follow pretty much the same thing!! I will ...

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Hi Far East Man, Nice clean trade congrats Couple of questions.... What was your initial R:R? It looks like the initial SL was about 90pips and the trade closed out with about 45pips. (For me a R:R of 1:1 takes the emotion out of it- ...

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1 hour charts — Hi Archie and Far East Man, Could you please put up some 1 hour charts so we can see how the trades looked and how they ended. For me- trading on a 5 min chart seems to work out well (still early days though), Just ...

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