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    • coyoteuglyxxx replied Dec 15, 2021

      No probs at all… You are welcome! This trick works well on 5 min frames, good for initial entry. Could be pretty precise though. I know that you do not like to look at M5 but this helps to fine tune the entry. Now then… Basically you’re looking at a ...

      Real Trading
    • coyoteuglyxxx replied Dec 15, 2021

      Yes, fibs divided into 8 equal parts. The vertical lines divide the square into 8 equal parts as well. Now you’re going to ask how long and how high the box should be…. Lol . The answer could be your Santa present ... just be a good boy ...

      Real Trading
    • coyoteuglyxxx replied Dec 15, 2021

      SL hit on this long . I guess I spoke too soon about taking small profit or not taking it. I missed 12 pip profit on this entry, waiting to go higher and it turned into 3 pip loss. It was a good scalp entry though. What can I say…..

      Real Trading
    • coyoteuglyxxx replied Dec 15, 2021

      That’s a great approach from a seasoned trader Pat, no doubt that the strong psychology factor is a must. Taking trades with absolutely no expectations to the outcome of the trade is another way of handling such sticky situations. Pull the trigger, ...

      Real Trading
    • coyoteuglyxxx replied Dec 15, 2021

      I quite agree here. As the old saying goes – no one has gone bust taking profits. I really hate it when I hold on to a decent profit and then it either goes to BE or to a small loss and I start kicking meself and feel like a f++king complete idiot.

      Real Trading