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- Nala66 replied 47 hr ago
All the effort I put in to making a few bob within the red circle. Then with a bull div it takes off for over 50 pips after I had quit for the day. This has been happening quite a bit lately, the US session is quite lively. That is about the 1500 ...
- Nala66 replied May 17, 2024
That was a roller coaster of a trade involving hedging and adding to short position. Got there in the end. Not showing chart because I don't want to explain hedging all over again.
- Nala66 replied May 17, 2024
With 10 pips profit locked in, this is what I am going for.... image If it doesn't make it, no harm done.
- Nala66 replied May 17, 2024
I simply don't understand this chart at all. It is just showing entry numbers with no reason at all for taking them. The distance from the entries to the EMA is just not worth the effort. Price had rolled over to a bear situation indicated by the ...
- Nala66 replied May 14, 2024
I got my money back plus 5 pips...Whoooopeeee!
- Nala66 replied May 14, 2024
Ahh! I see also, sorry for wasting your time.
- Nala66 replied May 14, 2024
Well, well, well you easily beat me today. I am down -32 pips having been stopped out three times.
- Nala66 replied May 14, 2024
Between those two small circles and within the larger on my price did not cross the EMA, but it appears yours did.
- Nala66 replied May 14, 2024
Today we see the 4-hour chart just hovering above the EMA swing high dragging the current EMA in an attempt to make a HH. However, it doesn't appear to be trying for the next level swing high so I am unsure if it will make the run or not. image ...
- Nala66 replied May 14, 2024
Well personally I only move my stop until I get it to BE+1.
- Nala66 replied May 13, 2024
Hard lines on this one indeed. image My chart is a little different from yours. Between your entry and stop out the price on my chart never crossed the EMA. image
- Nala66 replied May 12, 2024
This is fine, I completely understand what you are saying and if it works for you then that is great. There are many ways to trade and finding a method that works is of paramount importance. I am glad you have found a way.
- Nala66 replied May 11, 2024
Enuff said for today. Catch y'all Monday
- Nala66 replied May 11, 2024
I don't know why this is posting double?
- Nala66 replied May 11, 2024
Here is an example of getting the trade started in the form of a diagram... (without the words)
- Nala66 replied May 11, 2024
Here is an example in diagram form of getting the trade started... image
- Nala66 replied May 11, 2024
Yes, and the 1% loss is a maximum. Mostly it will be something like 0.25% or even BE+1 providing the target distance is a 40 pip plus distance. Again, though we can only get what the market gives and if we have to settle for a 1% profit then so be ...
- Nala66 replied May 11, 2024
At last, now I can solve your HEDGE problem. If you are at all worried about the trade stick a HEDGE on it. If the HEDGE goes on to stop out your original trade the HEDGE wins. If the original trade turns to stop out your HEDGE then your trade wins.
- Nala66 replied May 11, 2024
Sorry I have been so long, but I cannot find the reference to this in any of my books, I know I have read it in one of them. You cannot continue to infinity. You can no longer trade when you cannot cover the cost of a lot. There is stuff missing ...