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nomask replied Feb 24, 2011thats what's happening currently... but truth is I do not close my long trade even if I get a succesful counter trade. If I get a good counter trade I'll let market to get trapped by my two opposite positions. Nothing exciting yet though.
Trading Major Lines
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nomask replied Feb 24, 2011Good morning everyone and thanks wang for your compliments.. Here is my start of the day.. Instead of listing all the rules and entry exit ideas I believe that learning/studying through charts always better. Market is an artist that paints on our ...
Trading Major Lines
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nomask replied Feb 23, 2011So today I've had one losing trade with 1.7 pip and one missing trade... yesterday's long position is still on being around 180 pips or so
Trading Major Lines
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nomask replied Feb 23, 2011So far I showed you guys both winning and losing trades now its the time for a missing trade... That happens from time to time its because I'm dealing with 5 min entries. part of the game. I considered that 4hr candle tradeable because It was in the ...
Trading Major Lines
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nomask replied Feb 23, 2011Hello guandi.. I do not use any indicator on my chart.. Everything You see on my chart is drawn/put manually except candlestick timer. I try not to give out live calls as its not what I intent to do but can help you with your analysis.. Although ...
Trading Major Lines
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nomask replied Feb 23, 2011Hello Graeme Brilliant article about breakouts... Thank you for sharing..
Building an equity millipede
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nomask replied Feb 23, 2011thanks sidefx.. So as you guys can see on the attached chart..We paid 1.7 pips to find out that it was a fake 4hr price action (it was a 4hr pinbar according to my chart)
Trading Major Lines
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nomask replied Feb 23, 2011giving an example what I'm looking for when I'm counter trading...
Trading Major Lines
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nomask replied Feb 23, 2011and if you're not disciplined enough then there is no need for counter trade..you can still make enough pips without counter trade.
Trading Major Lines
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nomask replied Feb 23, 2011timing is extra important for a countertrade... because of the price did not make an instant move after my entry in counter direction now I'm less eager to counter trade.. I always see counter trade as a side road of the method..main road is trading ...
Trading Major Lines
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nomask replied Feb 23, 2011While my long position is still on I just entered short and tested the counter direction and closed it with 1.7 pips loss.. If it was a real counter trend then It should have been moving without looking back..It was not even able to break that minor ...
Trading Major Lines
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nomask replied Feb 23, 2011my 4 hr ending in 2 minutes forming a "possible" pinbar at double top.. Although I trade through my hindsight I test counter trading if I get a "good looking" opposite signal to my hindsight.. and I become very picky when I'm counter trading to my ...
Trading Major Lines
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nomask replied Feb 23, 2011I don't like putting trend lines on my charts as they can easily get out of control but here at most how I use them.. just to understand what price respected in the past on the weekly chart... and also to see if there is any confluence with major ...
Trading Major Lines
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nomask replied Feb 23, 2011I forgot to add this in my last post.. whenever you try a method I suggest you to focus on only one decent currency pair that has nice move with lower spread (its eu in my case) focus on one entry method until you get mastered on it.. I mean keep ...
Trading Major Lines
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nomask replied Feb 23, 2011Thanks a lot eufonia I understood first two positions you opened and I can guess the reason behind them but the last position (3rd) you opened seemed little bit rush to me.. I did not open any trade yet as my platform did not give me any price ...
Trading Major Lines