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TheRumpledOne wrote:GBPUSDH1.png

Hello TRO
Could you tell me what is the name of the first buttom left indicator (marked in circle), please.

Thanks
optymistic

TheRumpledOne wrote:

optymistic wrote:Hi All

Can someone tell me where can I find TRO ebook "The Big Picture Trading Strategy"
It would be great if someone can post a link...

Thanks in advance.

Check your PM

Thanks TRO

Hi All

Can someone tell me where can I find TRO ebook "The Big Picture Trading Strategy"
It would be great if someone can post a link...

Thanks in advance.

First you have to believe in OPM (no, we are not going to debate this!). If you are risking $5, 10 pips, .5%, & you gain 6 pips, then you have 16 pips total. $.50 x 16 = $8. $5 is yours & $3 is "theirs", you are risking $5 or your original .5%; we don't care about "their money...

Thanks MO for your answer. So if you can let me know if I'm right or wrong in understanding this It is much better to divide max size risk to smaller entries and if in profit add some extra instead of open a trade with a full size risk in one go... Let's say: first entry with 1/8 risk-box or more b...

During the short entry @ 130.520 daily candle was red. So going short this trade would have resulted in being stopped out. (-43pips) But going long @ 130.958 the maximum profit would be +35 pips. How is it possible to cover the SL??? If your initial size is equal to your max size then it would be p...

The weekly candle was green. If you look to the right of the screen you can see it gives directional bias: "H1 down trade short, d1 up trade long, W1 up trade long. You could have filtered out that trade by using that bias. During the short entry @ 130.520 daily candle was red. So going short ...

Hi TRO Already start reading this forum from the begining. Question: how is it possible to recover SL (-43pips from the low of the wick to high) if price goes above the upper wick only about 35 pips. ?? A short trade would have resulted in being stopped out. But the next long trade would have made u...

MightyOne wrote:When the shadows of the Wick Zone are long I will use a previous Wick Zone price that cuts through it.

The 'use this' price is from 19 days ago!

AUDUSDecnM5.png

Hi MightyOne.

Can you share your exit plan, please.

Thanks

Thanks MightyOne I think I understood what you said. :) If trading LONG and the price closes below horizontal line "direction of profit" is above that line. When the price will back below the horizontal line it is called "break in" If trading SHORT and the price closes above hori...