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- panguFX replied Apr 13, 2012
i usually don't wait for the candle to close, but the system should still work if you wait until it closes.
The MotherFibber
- panguFX replied Apr 13, 2012
order cancelled. waiting for new valid m30 TE bar.....
The MotherFibber
- panguFX replied Apr 13, 2012
thanks for posting, its difficult to analyze, i'm sure the charts look diff. then when you entered. best of luck to you.
The MotherFibber
- panguFX replied Apr 13, 2012
i'm only using the last 2 h4 bars because together they exceed 81 pips... waiting for trigger or cancel order....
The MotherFibber
- panguFX replied Apr 13, 2012
if you have time, show me pictures, i haven't seen a valid trade yet for today. you need to incorporate win/loss ratio when you think about risk vs. reward. an yes, different strokes for different folks. i know a group of successful scalpers, their ...
The MotherFibber
- panguFX replied Apr 12, 2012
i did'nt see the trade until it was too late, life got in the way.
The MotherFibber
- panguFX replied Apr 12, 2012
m30 trend extreme bar was too long, and we'v already had a decent retracement back to the 38 before we hav a new valid m30 TE BAR the move has already given its pips
The MotherFibber
- panguFX replied Apr 12, 2012
thats why its important to keep a winrate higher than 80% to be profitable.
The MotherFibber
- panguFX replied Apr 12, 2012
usually at least 1 per day, and quite often 2-3 trades per day.
The MotherFibber
- panguFX replied Apr 12, 2012
bucket shop brokers make up their own price. I once saw a 200-300 pip move on usd pairs, and ibfx didn't show the move until 10 mins later.
The MotherFibber
- panguFX replied Apr 11, 2012
the unclosed trend extreme bar was 19 pips long, so i set my SL for 30 pips.
The MotherFibber
- panguFX replied Apr 9, 2012
divergence? — looks like divergence, right? is this still considered divergence if we have a triangle? thanx, great system!.
EASY H1 trading using divergence and candle sticks