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Magestic replied Jul 9, 2013Entered on that one based on combination of two 4h bars, that formed BEOB. Lets see where it bring me
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Magestic replied Jul 6, 2013Hey guys. Does anybody know if Mt4 platform has settings to change the default view of new charts opened. F.e when we open a new chart it has H1 bar view. Can it ba changed to d1 CANDLE view for default? And also can anybody explain what means ...
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Magestic replied Jun 1, 2013Thank you, Mike for your answer. Maybe I misunderstood smth, but I did actually moved my SL under the pullback candle after it spiked. I was bothered with the next candle, that moved back to 225 once again. My thought process was that it had already ...
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Magestic replied Jun 1, 2013Mike, would you be so kind to make a comment on this trade? The thing that botheres me here was I too fast to cut out the trade with a loss? Maybe I should hold the trade with my SL2 untill London open next day? The comments are on a chart.
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Magestic replied May 28, 2013I do a screenshot of every my trade and make comments right on the chart. Also I do an excel file where all my trades are recorded, with statistic information I want to see.
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Magestic replied May 10, 2013I don't think this pair is a good one to trade. After Swiss Bank floured swiss to euro at 1.20. this pair has very little with technical analysys. Its chaotic.
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Magestic replied May 8, 2013My chart is slightly different now. I was watching this one for a long time.
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Magestic replied May 8, 2013I entered 1.2085 and left 1.2121. sl was same yours. Exit the whole poz. No need to take a full bar loss. its all about money managment. Go throuh Mikes posts and you will see what I mean
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Magestic replied May 3, 2013If That TL will be broken one day, it would be something. Its so respected.
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Magestic replied May 2, 2013Price will make a new low or high and will raise or fall fast, then make another new low and high and raise or fall sharply again. We say price is losing momentum that case or we can see a rounding effect of the price. No real power of bears or ...
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Magestic replied May 1, 2013I dont like to post a trade after the fact, but that one develops interesting. Maybe someone is also in it. AUD/CAD.
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Magestic replied Apr 25, 2013I was so tempted to put a sell order on this PB. It has good shape at clear swing high. We have space below. The only thing that is bad is location. Its in the midle of nowhere. What are your opinions fellows. Mike, would you consider this PB ...
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Magestic replied Apr 21, 2013Hello. It is correct. The example there shows 980 deposit and 3% of risk that =arond 30 risk. If it was 10 times bigger it would show 300 risk. Check if you have sl and tick value like mine. I mean 5 digits after whole part f.e. 1,00000
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Magestic replied Apr 18, 2013This is my easiest posion size calculator. Just excel file. Update. You may also need tick value indicator.
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Magestic replied Apr 18, 2013Mike, would you quit the trade if one of these bars closed above the bottom line of the wedge back to the pattern?
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