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Profit taking in a trend
Started Feb 18, 2007|Trading Discussion|2 repliesCan anyone please share with me your favorite method of determining when to take profit in a ...
Can anyone please share with me your favorite method of determining when to take profit in a ...
Thanks. The news spike was just what I needed to end a great week.
USDJPY and EURJPY — I've been short these two all week and see we have GDP in about an hour. Anyone have any insight on its impending effect? I'm trying to decide if I should hedge my positions. Thx
Anyone have thoughts on how this news will effect usdjpy and eurjpy?
I mean are you just looking for red above blue for longs and vice versa? Or are you reading anything into the angle, etc?
Yes, mine looks same -- except for that blue line across the top. is that a trendline you drew or what? And how are you reading the OSAMAs? I can see where you took the last trade, long at 1.9512 - the candle opened right above the MA there. Did the ...
Does this go on a H1 chart? And to see visually what it's doing, what needs to be placed on a chart -- the MAs from your first post? Anything else? Can you post a template? Thx.
What's the burke trend system?
Sounds good, but please share how you determine your profit level? Are you aiming for a fixed number of pips? If so, how many? Or are you waiting for some other indicator?
How did you create this? The pic didn't show. I was referring to a pic posted in an earlier thread.
Which pairs are you trading like this? And does it produce a lot of trades per day?
There doesn't appear to be a big difference in the stoch settings. What's your exit parameters?
not sure. Let me look at a few charts and compare. But if you've got 10/10 --whatever you're doing is right on.
What settings on the stoch? And how do you set your target?
It looks like you have more MAs on your chart than are in your directions.