20 pips pa went to 6218 right where I stopped out....

Fisher

sioul trade — the original sell signal has come back even stronger. meanwhile that's the 3rd trade that I set the stop too low. and was stopped out early.

Fisher

siou trade — got stopped out not right time of day? stop too close? no real trend action, more of consolidation pattern? price action hovering around the 200ema. the original sell signal is now repainting to buy. will be interesting to see if ...

Fisher

hi probability — That is an acceptable strategy I've heard discussed by professionals. It is called "hi probablity trading". The frequency of successes offsets the larger risk. Makes sense like that. The other type of trading I heard discussed ...

Fisher

siou trade — gbpusd short signal 5 min 10 pip tgt

Fisher

aud — testing 200 ema no signal yet setting up?

Fisher

aud usd — maybe setting up... 5 min

Fisher

next trade — Next trade I post, I post for you. 10 pips. 5min. question: How do you calculate your stop? Is it also 10 pips or do you consider your trades hi probability trades and let your stops be more than 10 pips.

Fisher

greed — You are a wise person. I know the truth of what you are saying.. Now I have to live it. It is funny how I know something to be true but faced with a situation I will go against the true understanding. That somehow this time "The law of ...

Fisher

consolidation — just as I thought, USDCAD went into consolidation after that move down. it may be that the chart to watch for a signal would be the 15 min. but it would have to be the 2nd bar below 0 and that would be no less than 30 mins ...

Fisher

same page — Great to hear from you. Glad to hear you find the thread helpful. looks like we are on the same page... you're right, the other 2 ma's, the 13 and the 25 are really not needed. I guess it's just an overall visual thing for me. ...

Fisher

didn't wait for tgt — closed out early, had a quick drop down and probably a little retracing in order. just didn't want to wait. Maybe strategy should be for 10 pips, that's it.. If I got 10 pips in 2 mins everytime I entered a trade, well, ...

Fisher

looks good — I need to forget about looking for entries on pullbacks. I mean if it were the hourly chart or the daily chart, okay pullbacks, but let me get real here. This is the 5 minute chart!!!

Fisher

usdcad — new trade fisher short signal 5m. with a stop far enough way tgt set at intersection of 200 ema and r1 I don't want to get too ahead of myself with trying to find entries on pullbacks when I've had such good success just waiting for ...

Fisher

entry — Am taking entry signals on 5m. It's easy to be always right using hindsight, but the signal for entry I would have considered looking at the charts as they are now would be the one with the vertical line through it. from the looks of ...

Fisher

good trade — the trade was good, the fisher signal was good, the stop was too close... SO just getting good signals is not allt here is to it. the trade has to be managed properly with proper stops as well proper position size.

Fisher

stop too low — looks like the stop was too close...

Fisher

stopped out — So I wonder did I put the stop too close? I do that a lot...

Fisher

went ahead entered short — tgt is support at intersection of r1 and 200ema stop is just below recent high..

Fisher

looks like down — Fisher signal on 5m, so bears win...

Fisher