DislikedToday I am trading 2 Short bounce points and 2 Long Bounce Points Short Side : 3323.70, 3326.07 Long Side : 3311.42, 3300.48 All have the default 1.5 point SL, with EA chasing it when in trade :-)Ignored
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DislikedToday I am trading 2 Short bounce points and 2 Long Bounce Points Short Side : 3323.70, 3326.07 Long Side : 3311.42, 3300.48 All have the default 1.5 point SL, with EA chasing it when in trade :-)Ignored
Disliked{quote} {image} here is something that you might want to see {quote} the thinner the zone the low probablitiy it is but higher the profitablity the bigger the zone the harder to get entry but good probablity and good profitablityIgnored
Disliked{quote} man do you just trade bounce points as i understand like the previous prices where price made a stop and either changed the diercation or continued the existing trend???Ignored
Disliked{quote} This time I am in and out with a -1.5 points SL... : ) Two SLs till now today... {image}Ignored
Disliked{quote} why not do headging as with that you get some more edge .......Ignored
Disliked{quote} (Just to let you know that there was no audio there... not that I needed it) So what are your trades ? Or post the trades (and results) when you take them...Ignored
Disliked{quote} What do you mean by that ? For example last trade was Short at 3326.07 and SL at 3327.57... what are you suggesting ?Ignored
Disliked{quote} I am also trying to get good at headging what i mean by that is.......putting a buy and a sell at the same time if the trades goes against you and hit your sl of your main trade where you thought you have and edge .......in this case your thought was it will go down from 3326 and sl at 3327.57 you lost for 1.5 points....... but if you would have put a buy and sell at the same time and if it goes to your opposite side you have a buy covering for your sell loss.......so when your initail sl is about to hit you close the both buy and sell ...so...Ignored
Disliked{quote} Thanks for your detailed explanation of it... I don't think it makes mathematical sense to do that, as it will only result in brokerage/spread loss (x2).. there is never a good reason to buy and sell at the same time (unless you are arbitraging across brokers/instruments)...Ignored
Disliked{quote} its true that it don't make sense but it works and hard to masterIgnored
Disliked{quote} Yes, it has audio nowSo are you an analyst only or you trade as well ?
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Disliked{quote} My fixed (max) SL (1.5 points) exited at the last tick, before reversing... very edgy today :-)Ignored