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High Reward to Risk Trading

  • #81
  • May 9, 2016 6:55am May 9, 2016 6:55am
Quoting abokwaik
We are you guys If this thread will turn into a journal, I will close it.
abokwaik its very good thread! Please dont close it ! I just found this thread So i read everything and i will post my analyses later
  • #82
  • Edited 7:06am May 9, 2016 6:55am | Edited 7:06am
Took a scalp on NU short M5, missed my entry at the Supply zone got in late but was still able to pick up 12 pips back to hit & close the last LVC on the M5 1:2 RR
http://prntscr.com/b1z60w
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #83
  • May 9, 2016 6:56am May 9, 2016 6:56am
Maybe create some SKYPE group ?
  • #84
  • May 9, 2016 7:02am May 9, 2016 7:02am
Second Gold trade stopped out.
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No guts, no glory
  • #85
  • May 9, 2016 7:06am May 9, 2016 7:06am
Quoting abokwaik
Second Gold trade stopped out. {image}
I can remember that you said in your other thread "donīt fight the dayly bull/bears" and now you try to go long, Why? I donīt see there any support
(.)(.) think first ...
  • #86
  • May 9, 2016 7:07am May 9, 2016 7:07am
1.43000 Can be a good level to go up yes.

I think Bank of England wont reduce interest rates:

Attached Image (click to enlarge)
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The England economy can not withstand with so weak sterling in my oppinion.

We are very low:
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  • #87
  • May 9, 2016 7:19am May 9, 2016 7:19am
Quoting maximumguita
{quote} I can remember that you said in your other thread "dont fight the dayly bull/bears" and now you try to go long, Why? I dont see there any support
Previous Day was bullish, Gold is at Demand Zone on the Hourly Chart. It could break though but small stop will not hurt us.
Remember we are throwing back small fishes for the Big one.

Attached Image (click to enlarge)
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No guts, no glory
  • #88
  • May 9, 2016 7:22am May 9, 2016 7:22am
Stopped on gold for the 3rd time. No more trades on gold for now.
Total Loss on Gold trades was 2%.
No guts, no glory
  • #89
  • May 9, 2016 7:43am May 9, 2016 7:43am
Quoting abokwaik
Second Gold trade stopped out. {image}

Hi there Khalil,
I am looking to go long on Gold too. Are you using default settings from LVC ? Cause I have much more arrows then your picture shows.
Also I would like to know, from your experience with this indicator, if all LVCīs get closed sooner or later.
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  • #90
  • May 9, 2016 7:44am May 9, 2016 7:44am
Tempting ...

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No guts, no glory
  • #91
  • May 9, 2016 7:48am May 9, 2016 7:48am
Quoting guilherme
{quote} Hi there Khalil, I am looking to go long on Gold too. Are you using default settings from LVC ? Cause I have much more arrows then your picture shows. Also I would like to know, from your experience with this indicator, if all LVCs get closed sooner or later. {image}
Yes. Default Settings.
But LVCs will vary depending on Broker, as they are tick volume related.
I have the same as yours on ActivTrades account.
No guts, no glory
  • #92
  • May 9, 2016 8:30am May 9, 2016 8:30am
Was so tempted that I even added to a winner.
Smashed by an Overwhelming bear power of 218 pps on gold.
Me being played with like a small fish here.

Daily loss on gold up to 3%.

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No guts, no glory
  • #93
  • May 9, 2016 8:53am May 9, 2016 8:53am
Are we there yet ?

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No guts, no glory
  • #94
  • May 9, 2016 9:01am May 9, 2016 9:01am
Closed 2nd half of GU trade @ 60 pips. (6x1 RR), while 2nd short target LVC got closed.

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No guts, no glory
  • #95
  • May 9, 2016 9:04am May 9, 2016 9:04am
Blunders of blunders ! I thought I should be happy with that.......see where it rocketed to now. Slap, slap, slap.....

[Imgur](http://i.imgur.com/kuYkIkA.png)
  • #96
  • May 9, 2016 9:07am May 9, 2016 9:07am
Quoting skyway
Blunders of blunders ! I thought I should be happy with that.......see where it rocketed to now. Slap, slap, slap..... [Imgur](http://i.imgur.com/kuYkIkA.png)
Be patient on your profits my friend.
It will pay in the long run.

And please post the trades earlier if you can.
No guts, no glory
  • #97
  • May 9, 2016 9:14am May 9, 2016 9:14am
Quoting abokwaik
{quote} Yes. Default Settings. But LVCs will vary depending on Broker, as they are tick volume related. I have the same as yours on ActivTrades account.

Thanks for the answer. Yes...I am aware of those differences.
About my other question.... does those LVCs always close sooner or later ?
  • #98
  • May 9, 2016 9:30am May 9, 2016 9:30am
Quoting guilherme
{quote} Thanks for the answer. Yes...I am aware of those differences. About my other question.... does those LVCs always close sooner or later ?
That would be a one-million dollar question !

I didn't notice any standard behavior, still studying.
But it happens a lot that when an opposite LVC appears would be a good time to take the trade.
No guts, no glory
  • #99
  • May 9, 2016 9:35am May 9, 2016 9:35am
Did you notice that all lost gold trades went into profit before getting stopped .
Maybe moving to BE after 1:1 RR would be a good idea, as suggested earlier by Don96 here.
I will leave the current trade open @ BE and see where it lands.
No guts, no glory
  • #100
  • May 9, 2016 9:39am May 9, 2016 9:39am
Quoting abokwaik
Did you notice that all lost gold trades went into profit before getting stopped . Maybe moving to BE after 1:1 RR would be a good idea, as suggested earlier by Don96 here. I will leave the current trade open @ BE and see where it lands.
Maybe try ATR? I, myself, am using 25 pips for BE with a LOCK of 2 pips on my Renko charts, JTS is set to 36 pips and this combination is working quite well in a variety of trade situations.
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