#4 open because the price breaks the bottom trend line.
Closed when the price missed the TP level and SL (+10 pips) was hited.
Closed when the price missed the TP level and SL (+10 pips) was hited.
Attached Image
Target: Trading naked.
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Quoting ZukeDislikedLambert, in my humble opinion, if you are trying to preserve your pot, GBP/JPY is a pair to avoid. Of all of the pairs I trade (20 in total) it is the one that least fits into any trading strategy (Fibs, Cam Levels, Pivots etc).Ignored
Quoting ahaDislikedLong trade open because the price breaks the top trend line (red).
Trade close at the second bar because the price breaks the bottom trend line(blue).
When the trade open, the bottom trend line wasn't there yet because the #1 support point wasn't mature (the 2nd to the right wasn't finished yet).Ignored
Quoting forexpipsDislikedHi Aha,
Your EA doesn't work right. I think it is closing positions prematurely. Mouteki only closes and/or reverses position if there is a new OPEN above or below the opposite Trendline. My manual backtest of the EUR/USD shows this as the first trade. A 122 pip winner! At the very least a stopout for +10.Ignored
Quoting weghioDislikedLooks like it's setting up for a buy. I already bought some via the Bagovino 1hr method before realizing it's also about to be supported by Mouteki...Ignored
Quoting NipperDislikedThere was short Mouteki GBPUSD this morning. Curious if anyone took this trade?
NipperIgnored
Quoting NipperDislikedThere was short Mouteki GBPUSD this morning. Curious if anyone took this trade?
NipperIgnored
Quoting ZukeDislikedI took it from 9032. Traded 3 lots and scaled out 1 lot when the trade was +45 and moved stop to breakeven which has not yet been hit. Indeed, it is currently +30. The remaining 2 lots will run until the target (8905) or b/even.Ignored