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Musashi replied Jan 23, 2012Just move the stop down to a level just above the price levels, to protect captial. Keep losses small and let winners run as long as potentially possible.
"Katana Trading Strategy"
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Musashi replied Jan 23, 2012Price retraced above the moving averages but closed below them, so still stay short.
"Katana Trading Strategy"
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Musashi replied Jan 23, 2012Quite simply it will be called Wakizashi Trading System, and it will be using Renko Bricks, 2 Pips in size. Two moving averages and once price closes above or below both moving averages, then trade in that direction. The direction for the trade will ...
"Katana Trading Strategy"
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Musashi replied Jan 22, 2012I'm still around mate. I've been having a difficult time trading at the moment, I haven't been able to put as much screen time into trading as what I normally would like. Hence my trading is suffering somewhat. This strategy doesn't give too many ...
"Katana Trading Strategy"
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Musashi replied Jan 18, 2012Moved the TP levels up and added an auto trailing stop on this one... just in case... Market seems to be somewhat bullish
"Katana Trading Strategy"
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Musashi replied Jan 18, 2012Long signal generated here.... let's see how it goes....
"Katana Trading Strategy"
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Musashi replied Jan 13, 2012Just closed EU long trade after continuation signal presented after pull back identified...
"Katana Trading Strategy"
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Musashi replied Jan 12, 2012GU basically went sideways so not one chance to trade again on that pair..
"Katana Trading Strategy"
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Musashi replied Jan 12, 2012Enough room to make a profit on the EU chart after a valid retracement and continuation...
"Katana Trading Strategy"
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Musashi replied Jan 12, 2012I was not at the PC, also I would avoid most trades between NY close and European open. Why trade when you know it's likely that the market is not going to move too much. As I've said before, trading is not just about following blue and red bars on ...
"Katana Trading Strategy"
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Musashi replied Jan 12, 2012Shorted the pound stop loss at 1.53137 and take profits around the xx50 levels... nothing is certain only that there is no certainty... Still waiting for a sell signal on EJ
"Katana Trading Strategy"
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Musashi replied Jan 12, 2012A pull back identified, but not a continuation as yet...
"Katana Trading Strategy"
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Musashi replied Jan 12, 2012The indicators at the bottom of the chart are various Stochastics, 2 are used for trend filter, one is for trend pull back identification and one is for trend continuation. I don't want to post inputs here because this may give the impression that ...
"Katana Trading Strategy"
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Musashi replied Jan 12, 2012Closed the trade at +34 pips... risk was -20 pips Chance of a retracement from xx75 is high...
"Katana Trading Strategy"
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Musashi replied Jan 12, 2012EJ is looking the best to me to trade short, and GU.
"Katana Trading Strategy"