Karma wrote:What is your initial risk over what space?
The same like i always do.
5% on a stop of 25 max most of the time i'm out earlier
dojirock wrote:Last trade for week. Reasons I only trade one pair at a time.
No need to trade more.
When I do multiple trades, one always suffers or loses.
I got stopped out on my USD/JPY when going short on EUR/USD
I ended up being right on my USD/JPY but wasnt watching close enough to catch it.
Missed tremendous stacking opportunities on my EUR/USD trade. Only used 1 lot.
Just dont need the added stress.
Lessons that may help some. If your not successful on 5 min chart, stop. Move to a 10 min or 15 min, it makes a world of difference.
With Dragon all the way on this one, Master what the hourly is telling you!
When trading the hourly, 10 min or higher for entries... 5 min as a novice will hurt ya. (its 12 times the time frame, I like to keep it 5 or less.)
newscalper wrote:dragon33 wrote:easier then this is not possible
Super chart Dragon. Thanks
dojirock wrote:EUR/USD trade with Dragon template
Nice trading Dragon! Awesome return.
With my stacking Im working on I will be there soon!
Dan wrote:I got about 30 pips from this one, I got out only because 30 pips is enough for me. Had I let it run anymore I would have given it all back which brings me to ask in ref to Dragons chart, what did you look at that made you take the third short entry? It's at a 4hr and 1hr support area and I wouldn't dare short it hence why I make 30 pips and you make over 300.
Nice to see you are posting again.