Use a stop limit. Example: Price is at 1.3500. You want to buy when it hits 1.3550, but not if it somehow slips all the way up to 1.3580, right? Buy Stop Limit. Stop price: 1.3550 | Limit price: 1.3555 This says, "I want to buy at 1.3550, but ...

MB Trading Futures - Introduction

No problem ian-- I am a software engineer (not actively, but for fun only) and I have trouble getting my PDA phone to do what I want it to, so go figure! :-)

james16 Chart Thread

Thanks for the advice Peter... I'm in the trade still, down 20 pips, but we've had a move down, a push back up, and now a push down to give a doji on the current daily bar, so I'll re-evaluate at today's daily bar close. Any ideas on what to do ...

james16 Chart Thread

ianfster, I think you're trying to click the little picture icon on the editor. To properly send a picture click the "manage attachments" in the section below the editor. The problem with posting your pictures the way you did it here (and I guess ...

james16 Chart Thread

lol, if you were a programmer you'd know that about 90% of us do that kind of thing ;-) leigh, I understand your frustration and your willingness to figure out your problem (and apparently the problem lots of people are having...), but remember that ...

MB Trading Futures - Introduction

usdcad, down then back up — So I went short on the USDCAD pinbar, was up about 45 pips, then it turned back up. Now, the daily has not closed, but right now I'd be -10 if I closed the trade. I don't WANT to close the trade, but my gut says ...

james16 Chart Thread

Hi tiki, I use the %R MM setup for my position sizing, so the larger my stoploss, the smaller my position size, and vice versa, such that each SL amount risked is 2% of my balance. So for example, on this trade I'm trading 0.78 minilots, since my SL ...

Josh's Journal (JoshDance)

thanks brxxt, you answered my question.

Jacko's Forex House of Pleasure and Pain

Sorry, can you say this another way? I don't understand...?

Jacko's Forex House of Pleasure and Pain

Brendan, you can search FF or google for GMMA or "guppy multiple moving average" ... that should give you all you need to know. Again, this is not meant to be specific to your system at all, but I'd like to voice some things I've found in my brief ...

The "Weighted Taylor" Method

Trade 015 — USDCAD Sell Stop @ 1.0632 | SL 1.0710 | TP 1.0550 Rationale: Daily short pinbar, nearly perfect. Now, it is not at a fib level or any particular SR level, so this makes me a bit cautious. TP level is at the SR line just below where ...

Josh's Journal (JoshDance)

USDCAD daily pinbar... any takers?

james16 Chart Thread

Thank you for your input... I think what we're talking about here is not fundamentally about trading, but rather business in general, and what it means to succeed in business. It's a little off topic, but I'll quickly give my feedback. As you said, ...

Josh's Journal (JoshDance)

CHFJPY — At a very important SR line. Pinbar up could be significant. Or, on a bearish move down followed by a retest of the line, could be interesting.

james16 Chart Thread

Thank you for looking through my trades. But like I said above, pips don't mean anything. Also, if my broker got more than me, so what? If that's the cost of doing business, then so be it. There are plenty of pips to go around, and as long as my ...

Josh's Journal (JoshDance)

Thanks plutonite, I sincerely appreciate the feedback!

Josh's Journal (JoshDance)

Week 1 Results — Week equity +/-: +1.38% Total equity +/-: +1.38% Opening balance: $3000 Opening balance this week: $3000 Closing balance: $3041.69

Josh's Journal (JoshDance)

Trading report rationale — I do not count pips. (anymore) Why? Simply put, I can't buy a thing with a pip, but I can with money. It's all about money management and position sizing. If I win 8 and lose 4, all being the same amount of pips won ...

Josh's Journal (JoshDance)

The concept looks very good Brendan. As someone else said, it is based on the same principles as the GMMA system, which is not a buy/sell-based indicator system, but which uses multiple moving averages, and it does not rely on crossovers for ...

The "Weighted Taylor" Method

I don't see why you took the 7/18 EURUSD trade at 1.3803. The RSI was well above 60. ?

The "Weighted Taylor" Method