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wizlon32 replied May 4, 2017Do whatever you need to do to make it work. All that matters is that it works for you,
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wizlon32 replied May 4, 2017I don't know as I don't use it mate. You might find a use for it but all I use is what you see on my charts. I just look at the differences in height of the volume for each candle. It's so simple it shouldn't work but that basically what I do. I ...
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wizlon32 replied May 4, 2017I have been very busy this week and am attending a dinner function tonight. I will post some charts this weekend and try to make things clearer.
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wizlon32 replied May 3, 2017My TPs or exits are purely discretionary. I don't aim for a certain amount of pips or profit or anything else so it varies every time. What I do is not based on money management but that doesn't mean that I recommend others do it this way. I just ...
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wizlon32 replied May 3, 2017Rmieck, thank you for your opinion, you have helped me with my perspective on things and I will bear it mind.
On the whole this thread has had a very positive vibe and I believe a lot of that is down to the fact that the trade explorer is ...Wiz Index
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wizlon32 replied May 3, 2017Thanks for the words of support guys. It's not that I think Cubbybgood was being negative or overly critical, it's just that there does seem to be nit-picking at the way I trade (money management). I do get it. I take risks and that probably seems ...
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wizlon32 replied May 3, 2017I don't have a specific SL strategy. A lot of what I do is completely discretionary and it depends on how I see things at the time. At times I may use hedging as a short term fix but I am not going to go in to Any of that here. Those large % losses ...
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wizlon32 replied May 3, 2017The MA is the 200EMA. It is there partly out of habit a D partly to go e my chart a bit of Context because I am looking at the M1 chart a lot if the time. As I'm sure you know the 200 ema is a very popular MA and can be a good source of dynamic S/R. ...
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wizlon32 replied May 2, 2017That looks just like something I would do renatoenzo. It is a risky way to trade however so keep practising and build your confidence using either small lots or demo.
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wizlon32 replied May 2, 2017I'm pretty sure you can do that in the MT4 strategy tester. If I remember correctly you just select a Trade manager EA which will allow you to place trades manually, instead of selecting an EA that trades for you as you would normally do there. 1st ...
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wizlon32 replied May 2, 2017If my analysis was correct and I was still Confident I would continue to hold until I could close in profit. If I continued to see what I though was selling at the new highs I might even add more positions. I don't see anything wrong with drawdown ...
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wizlon32 replied May 2, 2017Bottled it and closed 1 position for a loss. Could have closed all 3 in profit if I had waited a bit but need to get back to work. Entries were on last 3 elipses but I did all of the circles areas in to consideration. image
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