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- ilzalama replied May 16, 2013
hey PIPer, Sure i can explain that. This trade has been going for a long time. Any candle now it can start to retrace. There has not been a major retrace in a while. Since it is a highly profitable trade, I am being more agreesive with my stop ...
- ilzalama replied May 16, 2013
Technically you should have already got it in. On my chart any way If you want get in during a candle, thats on you. image -ILZ
- ilzalama replied May 15, 2013
Im not sure what you did, but this is what I did: image 40+ pip move = 4 pips Secured. -ILZ
- ilzalama replied May 13, 2013
Hey games130, As I just explained above, sometimes S&R does not show up. When I am heavy in profit, I am not going to watch it all go away because a line did not show up. You can just see S&R sometimes with out MT4 printing for you. look here: ...
- ilzalama replied May 12, 2013
hey jinchu, if you are referring to the item the red arrow is pointing to, that is the ONE-CLICK TRADE feature on MT4. That is not an indi of mine. image -ILZ
- ilzalama replied May 12, 2013
hey Koglkama, Yes, exactly. My chart GBP/USD H4 image Green Arrow = Entry Red Arrow = Exit -ILZ
- ilzalama replied May 9, 2013
Hey games130, Sorry I missed your question. Take a look at the pic: image The red line is the 5AM to 9AM candle, I just could not get up that day & actually missed it. I believe I mentioned that somewhere in one of the posts. The green line shows ...
- ilzalama replied May 9, 2013
Trade Update Short AUD/USD @1.01881 Current Stop 1.01741. +14 Secured image Long EUR/JPY @131.193. Current Stop 130.193 image EUR/USD - NOTHING - Long EUR/USD @ 1.31607. Manual Close @ 1.31038 - 56.9 Lost Long GBP/JPY @ 155.477. Current Stop ...
- ilzalama replied May 9, 2013
Trade Update (Upcoming Major News) Long GBP/USD @ 1.55408. Current Stop 1.55448 +4 Secured. I have adjusted early because of MAJOR GBP NEWS coming out before next candle starts. This is something that I do to ensure if there is any news that will ...
- ilzalama replied May 9, 2013
Hey Koglkama, I can do that. I will post images to trades when something happens. USD/CAD - That turned out to be a bad thing because now it is a winner. However, as per what is stated in Post # 21, if price closes above/below the supertrend in ...
- ilzalama replied May 7, 2013
Hey PIPer, If the distance of the close is AT LEAST 30 PIPS away from the current S&R*, then I would take the trade. * When price reaches but does not break through a previous adjacent established S&R, I would wait for a break/close before entry. ...
- ilzalama replied May 7, 2013
Hey PIPer, image You are right, but as you can see from the pic I provided, I have a S&R line that is @ 1.02540. Following the method rules, I move my stop to the next established S&R line. Since this trade is a short, I place my stop 3 pips above ...
- ilzalama replied May 6, 2013
Hey iwan73, The candle you point at closed for me @ 05:00 PST which was 30 minutes before NFP so I did not take that trade. Had it been an other time I would have. The candle I pointed at is my current USD/JPY entry candle. image -ILZ
- ilzalama replied May 3, 2013
Hey iwan73, YOU GOT IT!!!! image The red line is your entry point. -ILZ
- ilzalama replied May 2, 2013
Hey gaia68, LOL... It's no problem. That is why we are all here. In this particular shot we are discussing the EUR/USD. As you know I did not take that trade because I chickened out . image This is what would have happened had I taken that ...
- ilzalama replied May 2, 2013
Hey Syracuse, if you notice on that AUD/JPY trade you mentioned, price broke 99.75 and dropped a good 50 pips. That trade would now be a +7 for me. Thats why I like to wait for S&R breaks image -ILZ
- ilzalama replied May 2, 2013
Hey ash, Unless you are trading Oanda MT4, you will need to upload a screen shot for me to check out what you did. If you shorted AUD/USD @ 1.0298 I would have +6 pips secured. Thats just me. For your Gold trade Short @ 1452, where did you get in ...
- ilzalama replied Apr 30, 2013
Hey gaia68, Once a new S&R is established, my stop is moved to that new line. In a long, I will subtract 3 pips from the line. In a short I will add 3 pips. Example: image
- ilzalama replied Apr 30, 2013
Hey iwan73 Look at the pic: image You would have entered at the arrow. -ILZ
- ilzalama replied Apr 30, 2013
Hey ashtrader, I did touch on this and am planning an advanced entry post. I will speak about now. Price has been above/below the 200 SMA I took a trade but now I'm out, how do I get back in? If price is bouncing around between S/R, I wait for it to ...