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lemercenaire replied Aug 17, 201600:20 UK time. All Quiet on the Western Front...will the Beast In The East shake things up later?
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016In a quiet moment, set up a naked chart as detailed previously . Look back over the previous week. Notice how many times the price moves up/down through the HOLO triggers. Doesn't matter a squat when it breaks the line. Rule #8 One thing this method ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016Yes, that's the situation I meant. I was just wondering how often that would happen (see above post re curiosity, lol). I am not in any way expecting you to go away and find me stats - ''Doesn't happen ''very often''...but I've seen it'', is good ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016Appreciate that. I have an innate curiosity as regards peoples' motivations in decision-making processes that shadow my own, sorry - don't mean to over-analyse!
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016How often do you find that the price will trigger an entry on the m30 but then not go on to reach the level of an H1 entry, so you could get a trade I didn't as I would be waiting for the H1 entry? Does this happen?
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016Yes, thanks. I figured it would be mostly about this: ''...it will get me in closer to the extreme.''
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016As you use the m30, not H1 candle - and I notice on your charts that your Rule #1 doesn't include H1 in the 'no-trade-breakouts-of-these' - do you disregard the H1 even if it has formed a breakout as well? How does the m30 technique compare to the ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016
Good trading and enjoy the journey - let us know how you get on.Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016EURCAD 1-2-3 in the bag. Got that the right way round at least, lol... image
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016LOL!!!! Wrong chart!!! What chart was I working from? Good grief, sorry. 7 trades this morning - punch-drunk, I think. You get the idea, though, so that's cool. Thanks for pointing that out - I really need to take a break now! image
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016Size of spread. Wide spread - highest ''cost''...Tight spread - lowest ''cost'' (to your trade).
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016EURCAD Taking a stroll... image 1-2-3 coming up later? We'll see...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016A good example for you. That EURUSD trade. image Price moved to clear +4-and-a-bit (not technically +5), however it was showing signs of seriously stalling at this mark, which is/was the Daily Low. I saw Pippy's headlights bearing down on me and ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016Hi PD. I have to say that you are going through the same thought processes as I did originally. The when-to-take-profit argument is one I struggled with, especially as someone who comes from a long background in Position Trading. Don't worry, ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016Late night, what can I say - I like my track cycling...
Looks like you ate your Weetabix this morning (UK Cultural Reference, sorry, lol)Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016Hi and welcome. You read the rules correctly...you set it up correctly...you made 4 pips profit. What do you want to improve? Go do it again...and again... You'll get lots of small wins and then one of those small wins will go on to fill your boots. ...
Highest Open / Lowest Open Trade
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lemercenaire replied Aug 17, 2016You read it right - I'd say you are trading USDCAD at a kind of weird time, at time of writing it would have been about, what, 06:00 or so, if I'm reading the chart and the post time right. Before UK Open, rising lows on thin volume. If you had ...
Highest Open / Lowest Open Trade