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Dorobantu replied Nov 30, 2011What would be an appropiate exit @ demand if we have no demand?
Price is everything
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Dorobantu replied Nov 21, 2011
I guess you were always right Phanti, I've learned my lesson with a hard landing and now I always pay attention to fundamentals and trade only with supply/demand levels in correlation with fundamental sentiment short term with stupid r:r ...Pivots + RSX + Stochastic on M15 & M30 - Intraday rangebound
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Dorobantu replied Nov 17, 2011I am sorry but I cannot post that information here without Udine's permission because he owns the thread and the system itself, I have no right to modify entry rules /indicators. If you want I can private message you about it for your own personal ...
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Dorobantu replied Nov 17, 2011You mean, demand level. I can't see any demand level @ 3450, what timeframe do you have it on?
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Dorobantu replied Nov 17, 2011Eye on eur/usd, atr green rm up/down green and mtf red 15 m, 1 h, 4 h, just need a breakout, daily demand level is 22 pips below. edit: additional 30m demand level 8 pips below so I'm not sure if I'll jump on this one
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Dorobantu replied Nov 17, 2011How does it prevent you from entering a trade when news are coming out or when an unexpected event happens, for example a bond downgrade or country downgrade by a rating agency?
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Dorobantu replied Nov 17, 2011Another trade on eur/usd minutes ago took profit, I entered at a supply level with a 10 pip profit target in mind, the indicators from this system lined up(except for the ATR)for another short trade of another 10 pips so I extended my take profit by ...
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Dorobantu replied Nov 17, 2011In my honest opinion taking trailing stops into consideration with such a small movement in mind is not responsible to your account's balance because you may be missing a 10 pip movement when your order may be floating or either raging at a loss for ...
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Dorobantu replied Nov 17, 2011I was trying to explain how much of a percentage of wins you need to take into account to be breakeven. I'm not going to argue with you over this as I am sure you cannot understand simple principles.
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Dorobantu replied Nov 17, 2011...... My calculations are made strictly for a 10 pip with a spread subtractions, and a 20 pip stop loss. I am mathematically correct whatever you say.
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Dorobantu replied Nov 17, 2011This translates into predicting a REAL 14 pip movement and not a 10 pip movement. The correct approach to this strategy should be: "Hmm if this guy that started the topic and built the foundations of this strategy says he can predict a 10 pip ...
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Dorobantu replied Nov 17, 2011You cannot see the point I am making and I don't even know why I'm taking time off to explain this if you are going to act immature about it. Yes this fact exists in trading so that brokers can make a living out of your trading activity by offering ...
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Dorobantu replied Nov 17, 2011Let's say you have a 4 pip spread on eur/usd and you have a short trade opened @ 3450 with a stop loss @ 3470 and a take profit @ 3440. Let's say the price moves to 3440 but your take profit isn't triggered yet because the buy price for eur/usd is 4 ...
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Dorobantu replied Nov 17, 2011As stated earlier the spread is a big factor when it comes to applying this strategy to different kinds of pairs. To have a better view upon how "dem'" spreads affect your overall trading experience with this strategy, here you have some numbers for ...
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Dorobantu replied Nov 17, 2011Very good remark, I often disregard pivot points or other types of support / resistance levels that are not related to price action in any way and use my own version of supply & demand levels to get a figure of where should I put my trade. It has ...
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