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fxachilies replied Mar 17, 2009Feb, as you see in the chart i entered for long again and closed for 12pip profit. my question is would you have entered considering the fact that the closed candel bar is 10 pip away from the level? ofcourse with a alert trade managment inplace. ...
Feb's Trading Journal
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fxachilies replied Mar 17, 2009your absolutley right, I made minor mistake for not closing with 15pip profit that long bull candel got me. no problem its all experince it wont stop me from pulling the trigger. but my enteries were correct?
Feb's Trading Journal
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fxachilies replied Mar 17, 2009Hi Feb, thats how i traded this situation, I dont know what should i do now i did not bank the profit on my short. image
Feb's Trading Journal
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fxachilies replied Mar 17, 2009Sorry guys i was gone for awhile, this trade is based on system II, which we enter with 2-3 pips cross of the horizontal line (H.H) or (L.L).
The System II (Yes with irony)
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fxachilies replied Mar 17, 2009Making 20 pips the other way. simple trade mangment learned from Feb saved me from losing big insted gaining consisten pips. live examples. image
The System II (Yes with irony)
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fxachilies replied Mar 17, 2009I got stoped at 3 pip loss but I had the chance to get a easy 20+pip 3/20 I like it.
The System II (Yes with irony)
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fxachilies replied Mar 17, 2009No problem my friend, thats exactly what i like about system II also, and I love how you put it by get in, get it & get out.
The System II (Yes with irony)
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fxachilies replied Mar 17, 2009Nice job MJ with the trade and bailout i did the same thing, did not like the wicks candels and exited with +4 pip profit something that i used to never do before. Thanks to Feb for teaching the trade managment.
The System II (Yes with irony)
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fxachilies replied Mar 17, 2009Hi everyone, early London trading session. Texbook Feb style trade tp hit less then 5 min. image
The System II (Yes with irony)
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fxachilies replied Mar 16, 2009Thanks to you Feb. as soon as i heard your journal is up and running i switched over but i am glad to know that this thread still will be alive. i be following both with passion and willing to learn more and more from such aswsome teacher like you. ...
The System II (Yes with irony)
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fxachilies replied Mar 16, 2009Feb, I have a question: if candel close lets say 15 pip above or below the level should we still short or long the trade? what is the the max? Thanks
Feb's Trading Journal
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fxachilies replied Mar 16, 2009on my chart that long short candel closed below the level by 3tiks thats why i took it. is 2-3 ticks closed bar crossed the level is enough or more? Thanks.
Feb's Trading Journal
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fxachilies replied Mar 16, 2009Hi Feb, I took this trade dose it look right? my hard sl is about 27 pips. image
Feb's Trading Journal
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fxachilies replied Mar 16, 2009another tp was hit on eur/usd early NY open session. image
The System II (Yes with irony)
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fxachilies replied Mar 16, 2009Nice job, its a great day. I have banked over 180 pips up to now. Thanks to Feb for this simple trading I am totally a different trader then two weeks ago. By the way any news from him in regards to his journal?
The System II (Yes with irony)