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jiva34 replied Nov 29, 2016The stop loss on this is huge. there' still 3 hours to London close.. plenty of time to run. This could end badly... I waited to enter to see if there was any follow through.. the signal was valid. So I acted appropriately. Only thing is the stop ...
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jiva34 replied Nov 29, 20164 mins to US GDP and the trading has been all over the map. Maybe that's it for today even if there is entry signal long..I'll wait at least five minutes to see if a trend actually develops.
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jiva34 replied Nov 29, 2016The volatility is scary as hell. Here's a signal short setting up. No way. 1 hour to US consumer confidence. I can wait.
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jiva34 replied Nov 29, 2016That's exactly what happened. Two were small gains and one was a small loss. This strategy is really good. It limits losses while keep possibility of large gains. More US data in about an hour. Probably go sideways until just before...
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jiva34 replied Nov 29, 2016Pulled back inside the band for the second time. Closed 2nd position. The trade is profitable even if the third closes at the stop trailing the 200 sma. gain so far 12 pips, possible stop out -6 pips. US consumer confidence in about an hour.
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jiva34 replied Nov 29, 2016US data came in better than expected. the trade is looking good. next time it pulls back inside the band I'll take profit the 2nd position. and let the 3rd position run until it stops out at the 200..
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jiva34 replied Nov 29, 2016Three minutes to US GDP. Closed one of the three for 5 pips risk of loss is not greatly reduced.. at most 7 pips each for the two remaining positions. possibility of gain is very big, total loss could be only 7 pips or so.
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jiva34 replied Nov 29, 201620 minutes before US GDP data out of Europe was worse than expected.. first time it pull inside the band I'll take some profit to reduce risk of loss just in case it reverses
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jiva34 replied Nov 29, 2016It was about 30 mins before NY open and an hour before release of significant US data. I really didn't want to open positions before the opening of NY and release of the data. there had been 3 bad signal during London. So I was beginning to think it ...
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jiva34 replied Nov 28, 2016It's like the "dream" trade... I'm getting spoiled real bad... There will be losses... I need to remember that.
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jiva34 replied Nov 28, 2016I don't know if this is good or bad. To have a great trade like this for the first shot at this strategy. I might get spoiled.. Any way it surged to hit the tp 40 now there is the one last position left free to go as far as it wants to until it hits ...
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jiva34 replied Nov 28, 2016I really appreciate how dynamic the parameters are for this strategy. As the move continues the stop along the 200 moves closer to limit losses in case it should reverse. The bb band moves to maximize profits if prices should cross inside. I set ...
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jiva34 replied Nov 28, 2016Studying the charts all weekend. Came up with 400bb with 200sma trailing stop. This is the first trade.. looking good. because of fifo, open 3 positions. First closes at 20 pips second at 40 pips third runs till it hits the 200sma..
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jiva34 replied Nov 27, 2016Just keeps getting better and better. using 400bb to catch trends.. using 200sma as a trailing stop. Only trade London... Take profit in thirds..
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jiva34 replied Nov 27, 2016Entirely possible. Trading in US makes it difficult. But having two separate accounts would work.
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jiva34 replied Nov 26, 2016Note.. I have been trading the revert to the mean successfully all week. Now I am looking at a variation of the strategy. I've been here before. This is how I lose the focus. I know the revert to the mean works very nicely. Let me be very careful ...
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jiva34 replied Nov 26, 2016Looks like I will need to take every signal between London open and London close. This one didn't look like it was going to go anywhere. there was probably some data or news. I would have been able to tell if there was momentum depending on the ...
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jiva34 replied Nov 26, 2016This just keeps getting better and better. Using bb200 on the 1 min. I want to close 1/3 after the first pull back, another third after the second pullback and let the last third run to meet the 200 sma at the end of the run. the stop trails at the ...
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jiva34 replied Nov 26, 2016I could trade these signals in reverse and actually catch the trend too. When prices break outside the band enter with the trend. Trail a stop just under the last pullback inside the band.
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