Dislikedyes in hindsight i could have closed up a bit of the AUDUSD trade, but I just find it silly to close a portion of trade when you're only in 19 pips of profit lol.... I think trading a daily chart means avoiding scalping. I like the long TF trades because I can gain more pips with less work.
GBPJPY, are you suggesting I could have closed up 1/3 @ the 150 EMA?
Remember my new method of getting stops to B/E as well, that is what I have been following on these trades. That is the reason the stops weren't at B/E. I was really hoping the AUDUSD...Ignored
Its not so much the 150 ema but what the 150 ema was confluencing with; a Daily PPZ level. Long term MAs will have more strengh when they confluence with PPZ levels, Fib levels, 50% ret. levels, etc., than they will by themselves. So this level in blue would have been a good obvious target.
Yeah, I saw your stop loss method and it looks good. Now if you can incorporate that S/L method with a 1st target, 2nd target, etc., and let run strategy then your on to something. In reviewing your link on your S/L method, it doesn't mention targets or taking profits.
Your looking good Dano. I like that . . . let Price or your charts decide what your suppose to do.
![](https://resources.faireconomy.media/images/emojis/64/1f44d.png?v=14.0)
Edit: I think you do have this strategy down . . .1/3 off at 1st Target then S/L mehtod?
Indicators show the past. Price Action "Indicates" the future.