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Verb replied Jul 5, 2011Averaged out. Allowing original trade to settle at no risk.
Price is everything
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Verb replied Jun 29, 2011OIL Supply Zone — Agree but higher up for me. Selling it.
Price is everything
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Verb replied Jun 28, 2011OIL Demand Zone — Target hit. Trade duration = 6 days. Ugly but got there.
Price is everything
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Verb replied Jun 27, 2011Good catch, I had not considered that. I'm more inclined to use mean reversion to the average which would mean sell at resistance + high CCI + above moving average. You are right though, it should be selling in the context of a downtrend. Of course ...
Romancing the Price
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Verb replied Jun 27, 2011Smaller Timeframes Experiment 1 — Target hit. Contemplating doing more of these. Credit to KennyZ on the lower timeframe inclination.
Price is everything
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Verb replied Jun 27, 2011Smaller Timeframes — I have begun testing smaller timeframes after reading this article from Sam: url Rules are not different except the addition of a trade enhancer. I'll post my observations as time and inclination allow.
Romancing the Price
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Verb replied Jun 24, 2011I don't view one trade as a loser, I view it as a sequence of multiple trades to profit. I look at my open P&L and manage available margin. Once 10% of my balance is at risk then I take steps to manage smaller volume positions, close them and keep ...
Price is everything
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Verb replied Jun 24, 2011I dont depend on indicators. They are there as an aid. I dont use stops in the traditional sense instead it is better to view each position as a sequence of trades. Utilizing a scaled entry approach you can average your way to success and remove the ...
Price is everything
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Verb replied Jun 23, 2011EURUSD M30 Demand Zone — Bought it. Scaled entry allows for less pain during draw-down.
Price is everything