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In this Long off Daily Extreme. Added 2 times. Deciding what to do. Close or HODL. MAXIMAL Deciding when to close is the most important part of trading really. I consider the timeframe I am trading and the probability it will travel x amount of pips based on my edge on that timeframe. An edge on a ...

In this Long off Daily Extreme. Added 2 times. Deciding what to do. Close or HODL. MAXIMAL Deciding when to close is the most important part of trading really. I consider the timeframe I am trading and the probability it will travel x amount of pips based on my edge on that timeframe. An edge on a ...

arkan1976 wrote:Closed at DragonLine 1h, 22 pips for me is enough !!

GBPJPYM5.png

22 pips off gbpjpy m5 chart is good for one move.

ZL is the concept that you start from the place of 'how are people going to give back their profit' in order to see how you can profit & it is simply the non-movement that is behind any move from which a person might have an expectation of greater profits. Below is a picture of the ZL as it was...

Sounds good Mira, yeah, get good at that - and then teach Me (haha!) :) LOL This is when MO or Aliassmith might jump in with some gold nugget. Btw I’ll try to see something! The only gold nugget I have is the market can be predicted to some extent. Price tends to leave an area and return to the are...

dchappy wrote:I won't be posting much this year ...I am leaving Forex and will be trading the ES exclusively ,,Hopefully averaging 1 pt/ day .Which , if I posted that , would bore you all to tears .............Wishing everyone a blessed and profitable year ...

It wouldn't be boring to me. Futures rock!

Week 9 Week Ending 12/15/17 -7.68% Entries: 19 Week High: 0.29% Week Low: -7.68% IMG_20171216_184744.jpg I thought could get away with trading aggressively, probably because I traded so much the previous week; and even though that week was a breakeven, I felt I had a better chance of knowing where ...

LoL your pic is called spell it out :lol: It was a text book zline trade also I haven't had my coffee yet :) Every trade looks the same to me; I don't know what people don't understand: If you have a big zone then you need wide lines If you have narrower lines then you wait for a close into the zon...

... if we have 8 line before destroy 6 line and still want to go we can go to (2/8)*line value, we only got lost after all the line are used or cannot be used (too small)?? ---You want to try your best not to lose 2 lines but if you go over to say -2.25 then I would simply adjust to $10(5.75/7) or ...

After being up about 150 pips it spooked me to dump it at +95 pips....ugh! Better than zero. How are you going to make pips if you don't risk pips? :) Oh ya, I reversed just about where I bailed and its up 70 so far. Maybe this is the direction for a few hundred pips. :shock: Edit: bailed again at 50