dojirock wrote:I will leave you with this. Night ya'll Screenshot 2022-01-05 225836.png Doji
At this point 2 H1 lines is all I'm willing to risk. It appears you are risking 2 D1 lines?? Technically the same thing, but not from time standpoint.
Its an hourly chart, risking 1 line, not based on time, but momentum, to earn 2.
Screenshot 2022-01-06 072349.png (87.52 KiB) Viewed 1681 times
doji
It always takes Momentum to break Momentum! "A small loss is just as satisfying as a large gain" -MO "Sometimes we need to stop learning and start thinking...." "Once you stack, you'll never go back!"
prochargedmopar wrote: At this point 2 H1 lines is all I'm willing to risk. It appears you are risking 2 D1 lines?? Technically the same thing, but not from time standpoint.
Its an hourly chart, risking 1 line, not based on time, but momentum, to earn 2. Screenshot 2022-01-06 072349.png doji
50 pips for 100 pips? I'm assuming you adjust that for pair volatility?
Not a set calculation. Its based on what I see the 'origin point' of momentum is and the amount of force of the momentum vs the momentum that its taking out. Statistically for me 1:2 risk/reward is part of my edge. While the 1:2 remains the same, the range is what varies.
It always takes Momentum to break Momentum! "A small loss is just as satisfying as a large gain" -MO "Sometimes we need to stop learning and start thinking...." "Once you stack, you'll never go back!"
dojirock wrote: Its an hourly chart, risking 1 line, not based on time, but momentum, to earn 2. Screenshot 2022-01-06 072349.png doji
50 pips for 100 pips? I'm assuming you adjust that for pair volatility?
Not a set calculation. Its based on what I see the 'origin point' of momentum is and the amount of force of the momentum vs the momentum that its taking out. Statistically for me 1:2 risk/reward is part of my edge. While the 1:2 remains the same, the range is what varies.
prochargedmopar wrote: At this point 2 H1 lines is all I'm willing to risk. It appears you are risking 2 D1 lines?? Technically the same thing, but not from time standpoint.
Its an hourly chart, risking 1 line, not based on time, but momentum, to earn 2. Screenshot 2022-01-06 072349.png doji
im gonna go on a whim and say its not a coincidence those line up with this s/r indie?
162022.png
If you can see profit, you can see loss....
doji
It always takes Momentum to break Momentum! "A small loss is just as satisfying as a large gain" -MO "Sometimes we need to stop learning and start thinking...." "Once you stack, you'll never go back!"
Sometimes I don't even know what day it is. I almost got caught slippin' trading through NON-FARM PAYROLL. I think it swung 100 points and I was scalping. Close call!
