Search found 5 matches

by skljsklj1
Sat Aug 13, 2016 10:04 am
Forum: TheRumpledOne
Topic: DAILY WICK ZONE TRADING
Replies: 924
Views: 545154
Gender: None specified

Re: DAILY WICK ZONE TRADING

Need a different page from the EXIT PLAY BOOK for DAILY WICK ZONE TRADING. You may want to wait longer or you many just want to take what is there. You may want to put a BE + 0.5 pips ( a scratch ) and see if it runs 10 or more. I put wick zones on EURJPY daily candles of this week, and then looked...
by skljsklj1
Fri Aug 12, 2016 6:57 pm
Forum: TheRumpledOne
Topic: DAILY WICK ZONE TRADING
Replies: 924
Views: 545154
Gender: None specified

Re: DAILY WICK ZONE TRADING

As a trader, you can decide how much you are willing to lose. If the SL is too big, either reduce your positions size, reduce the SL pips or both. Look at the chart I posted just before your post. How many wins? How much? How many losses? How much? I see some nice wins especially if you only traded...
by skljsklj1
Fri Aug 12, 2016 4:06 pm
Forum: TheRumpledOne
Topic: DAILY WICK ZONE TRADING
Replies: 924
Views: 545154
Gender: None specified

Re: DAILY WICK ZONE TRADING

Hi TRO. How are you? If our stop loss is other side of zone, this is usually big stop loss... About 20 pips. And if we move our stop loss to BE+3 or BE+1 when our trade is 5 pips in profit and SL is hit we make small profits. Usually we have small profits (BE+1, BE+3...). And, then we enter another ...
by skljsklj1
Thu Jul 07, 2016 4:20 pm
Forum: TheRumpledOne
Topic: DAILY WICK ZONE TRADING
Replies: 924
Views: 545154
Gender: None specified

Re: DAILY WICK ZONE TRADING

Hi TRO. I am new here. How are you? :) My question about this method is: Is it possible to make a 5-10% monthly trading this method and risking 1% on trade? Yes, of course. Thank you TRO. And about SL and TP. I can make 5-10% monthly using SL and TP, to try to get a good risk/reward (1:2)? Or, I ca...
by skljsklj1
Wed Jul 06, 2016 9:48 pm
Forum: TheRumpledOne
Topic: DAILY WICK ZONE TRADING
Replies: 924
Views: 545154
Gender: None specified

Re: DAILY WICK ZONE TRADING

Hi TRO. I am new here. How are you? :)
My question about this method is: Is it possible to make a 5-10% monthly trading this method and risking 1% on trade?

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