hey c.. good day
what is ur opinion regardin gold ?
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Day Trading vs. Swing Trading vs. Position Trading 86 replies
DislikedHi C-12,
were you watching the tick chart on 'F9' as you referred to the sell orders kicking in?
Or were you feeling how the price ticks from the chart? This requires a good broker feed. Are you using armada markets?Ignored
Disliked...My experience is telling me that there will be some reaction on those levels during this week...Ignored
Disliked...I rarely pass on a 4 hr level they always deliver something...
..my goals are modest , PIP wise only 20 a day 100 a week to gain 20% on equity.
Rule No. 2 Never let a winner turn into a loser.
Rule 1. is always have enough to take the next trade.
Rule 3 he who loses the least wins . Because the winners take care of themselves.Ignored
DislikedBut if your up 30 move to BE would be correct
Rule No. 2 Never let a winner turn into a loser.
Rule 1. is always have enough to take the next trade.
Rule 3 he who loses the least wins . Because the winners take care of themselves.Ignored
Dislikedhey everyone... today i struggled very bad on the market, especially on the pair AUD/USD
the reason is that when the USD gains ground like it does today, i cant find a way to enter a trade.
lookin at the higher timeframes, i know that on the pair AUDUSD it would be safer to enter short, BUT we hit the lower stop of the trendline downwards at around 1,2770, market didnt care, also the interesting demand level at 1,300 wasnt really noticeable, just a short 20pip upspike and down it went again...Ignored
DislikedCan you post some charts with some indication of how you managed the trade? Need to see stop location and entry.Ignored
Dislikedusually looking at H4, I expect some larger moves if it hits such an area... I mean based on that I would place my SL and TP, so lets say I would have done that for the 1,0300 level: i wouldve placed the SL at 1,0272 and TP at least at around 1,0350
I know, many questions, but they all arise before I pull the trigger...Ignored
DislikedI would have taken a long on a lower time frame and got my stop to BE fast and trailed out that 15 pips. It doesn't matter how good the level looks. I know I keep banging on about this but it is extremely important to get your position safe if you want to avoid systematically blowing your account.
If you get stopped out at BE then re-evaluate and maybe retake the trade if it still looks good.
Remember, trading is about finding low, risk high reward entries and taking your risk out as soon as it's appropriate.Ignored
DislikedOk that makes sense...
How about entering with more a bit more lots and take out portion of the position with the almost safe 15-20 pip reaction of the market and let the rest run on BE ?!Ignored
DislikedOk that makes sense...
How about entering with more a bit more lots and take out portion of the position with the almost safe 15-20 pip reaction of the market and let the rest run on BE ?!Ignored
Dislikedhey everyone... today i struggled very bad on the market, especially on the pair AUD/USD
..Ignored