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DislikedHi McKevvy
The TP1 is the same as the ATR. Once TP1 is hit the second part of the trade either closes at TP1 as well or is a trailing SL - this depends on what pair you are trading as I noted in the last post. The aim is to keep things mechanical and simple, thereby reducing the traders influence on the trade.
I will post comments on todays setups tonight.
All the best,
Mister EDIgnored
DislikedHi JR
Yes I still use FXDD. I'm not sure about the time but I think it is still GMT+1.
Yes the check mark means take a trade and the cross means pass on a trade, but these are always under review each month.
The time all relate to the chart times, therefore the 0:00 candle on Monday is actually 22:00 Sunday for me. I literally just trade what the charts show.
All the best,
Mister EDIgnored
DislikedIm really a bit slow on this. My problem is that I don't know anything about ATP. Would it please be possible for you to post an example giving the mathematical workings and explanation of exactly how to calculate the TP, SL and when to adjust them?
Many thanks indeed.Ignored
DislikedIm really a bit slow on this. My problem is that I don't know anything about ATP. Would it please be possible for you to post an example giving the mathematical workings and explanation of exactly how to calculate the TP, SL and when to adjust them?
Many thanks indeed.Ignored
DislikedAlso use this one to show if you should enter the trade
blue bar=enter
red bar=don't
Remember to check the bar at the end of the candle (after 4 hours or just by the second candle open)Ignored
Disliked
- Is FXDD still your signal source?
- If so, did it remain GMT+1 after adjustment for daylight savings?
- Does the check mark on the table indicate Trade and the X on the table indicate No Trade allowed?
Ignored
DislikedGBPJPY 12:00 and 16:00
No trades due to optimisation
GBPUSD 16:00 TP 79
Still ongoing but not looking good so far
EURJPY 12:00 TP 64
Still ongoing but getting back to entry price
Not really good trades going on at this stage. Hopefully things will improve soon, just keep the faith.
All the best,
Mister EDIgnored
DislikedGBPJPY 12:00 and 16:00
No trades due to optimisation
GBPUSD 16:00 TP 79
Still ongoing but not looking good so far
EURJPY 12:00 TP 64
Still ongoing but getting back to entry price
Not really good trades going on at this stage. Hopefully things will improve soon, just keep the faith.
All the best,
Mister EDIgnored
DislikedMr. Ed - How is your November looking overall? I am currently down about 100 pips for the month.Ignored