If you were using pivot lines, you would have realised you were in a sell zone hitting R1, and when you saw that stochastic divergence on the 15...
i am now exiting that trade because my predicted high would be at 1.2117, halfway through the central Pivot Line and R1, and it failed to reach...
For instance my trade now on the Euro, went from 1.2030 to 1.2100 and i am still in the trade with just 15 pips stop loss because of that hammer...
Anyways, using stops without having a resistance or supply line to judge the whole thing after is a little risky. I am trading the FX and...
illiquid. I am glad you too think that tight stop losses increase performance. On the other hand, i had a better thought about this. When i...
And still, profit is taken at the exit. A good entry is helpful, but do not underestimate the tools that KEEP you in the trade... And one of those...
Ok, when you are new at trading, your stop loss IS a pain. Sometimes it can eat you alive, BUT that is exactly because you do not understand...
WILLIAM D GANN. Ever heard of this dude? Very interesting.... Some guys are greater than the ones you know from like 40 years ago. Imagine...
Thanks Mtzianos, I did not check the futures chart, that was only by the spot pair. I am glad i got this right as i put a trade to take profit at...
Hey. I posted this on a separate thread in the main section. I have this image of an analisys of mine and what i would like to see is...
Oh. I just saw this. A similar situation can be found just below where it says Plot Area on the image. Just about the same, and it kinda did...
As an addition, i have opened a long position with TP at 1.2200 and a stop loss at 1.1950. How would you see this?
Hello people, i am new to elite trader, but have had quite an experience about trading currencies and that is why i would like to share an opinion...
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