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nomask replied Feb 22, 2011so far eurusd has been so good to me today... Wheneever I said something about the method ,It played exactly what I said.. This chart clarifies my last two posts better...
Trading Major Lines
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nomask replied Feb 22, 2011second position should be moved to b.e after moving around 20-25 pips in the direction.. so you now might have two positions both locked at break even.. Another thing about the method is I try to slow down to open a new position or in this case to ...
Trading Major Lines
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nomask replied Feb 22, 2011looks valid setup..(pin-ish bullish engulfing candle)
Trading Major Lines
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nomask replied Feb 22, 2011adding more — Once your entry started working out you can add more positions upon simple but convincing price actions on 5min..
Trading Major Lines
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nomask replied Feb 22, 2011[quote=sam69;4419017] No need for that Sam as long as you have a method..You don't have to follow anybody's method exactly..Its all good as long as it works out for you.. just use my,his,her,their methods to develop your own method depending on what ...
Trading Major Lines
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nomask replied Feb 22, 2011According to your weekly..should be biased long with that pair.and yes if it does make an bullish engulfing candle you can think of it as a setup candle
Trading Major Lines
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nomask replied Feb 22, 2011I guess If I can see your 4h chart I can answer that question better.
Trading Major Lines
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nomask replied Feb 22, 2011Ahh..I really don't like it to close below it..Its considered as a weakness of the move.. I'd be more cautious when looking for a long entry with that setup on 5 min.. Because the pinbar is shaped nicely.location is not perfect but still might be ...
Trading Major Lines
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nomask replied Feb 22, 2011Exactly...never regret for anything in forex.. I hesitated to take that setup too as I stated on my chart saying it was not perfect looking price action..But nothing perfect in forex.. The only reason I took it because I knew I was risking only 5-7 ...
Trading Major Lines
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nomask replied Feb 22, 2011Hi Sam.. your entry gives me an opportunity to explain a very important thing which is timing vs. location... I'm glad that your entry turned out well.But I'd like to explain what you missed in your entry. a.4hr confirmation b.Timing a.4 hr ...
Trading Major Lines
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nomask replied Feb 22, 2011Sorry for the delay.I'm still in my lunch break.. I'll answer the msg's one by one but it'll take sometime.. stay tuned.
Trading Major Lines
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nomask replied Feb 22, 2011Tentoerun owes me 6 pips because I got late with my entry when I was writing to him.. just kidding Here is my live trade
Trading Major Lines
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nomask replied Feb 22, 2011Chart talks for itself..I'm off for lunch.. see you guys later
Trading Major Lines
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nomask replied Feb 22, 2011Here is my entry.. I won't give out live calls this is just for an example..
Trading Major Lines
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nomask replied Feb 22, 2011Its just sometimes your platform will give you a signal earlier than mine but sometimes mine will be earlier.. My real account with an u.s broker but I live in European zone thats why I base my trades on a demo fxdd-malta time zone which uses ...
Trading Major Lines