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- 40PipsAlan replied Aug 9, 2019
I am holding for the moment. The daily has turned and is going up. Move to breakeven when possible.
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- 40PipsAlan replied Aug 9, 2019
too right. 2 good days in 5
GBP/CAD just came in 2R, Ka ChingSpoof's Trading Made Simple(r) Journal
- 40PipsAlan replied Aug 9, 2019
Hi Emmanuel, I have a question regarding Cavemanager. If it is trailing a stop on the H4 by last candle high and I switch to the H1 it looks like it then recalculates for that chart? I am hoping it doesn't do that, gonna mess the trade up. Ta
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- 40PipsAlan replied Aug 8, 2019
Yah, I was going to have another crack at it. Lots of parameters to play with. Does everything apart from make the tea!
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- 40PipsAlan replied Aug 8, 2019
I believe it does trail by last candle high/low as another option. I expect Emmanuel can explain it better. Trailing means exactly that, it tracks behind the price by a set amount. The ATR gives you the daily range of the pair and therefore a value ...
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- 40PipsAlan replied Aug 8, 2019
I am guessing that means the Trend they are in now will last till tomorrow night? maybe the odd retrace or two
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- 40PipsAlan replied Aug 8, 2019
Yah. Breakeven set to ADR/3 + 3 pips and trailing by ADR/2 (ADR=Average Daily range) It was the best idea for values i could come up with. Any better suggestions are most welcome.
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- 40PipsAlan replied Aug 8, 2019
Its a crock = SL 1R. I am coming back next week for that 1R you rotten GBP/USD.
SL way too tight as well. live and learnTrading Made Simple(r)
- 40PipsAlan replied Aug 8, 2019
Might explain a bit. Could do with a more detailed PDF if anyone has one. Thanks Emmanuel for this one.
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- 40PipsAlan replied Aug 8, 2019
Gonna get meself a bingo machine with buy and sell on the balls. Probably be just as good as analysis
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