Kreslik.com - traders community since 2006

My H1 closed below my previous line in the sand. Opened new trade 3 lot/45 pips and now at 3 lots/100 pips. LiS = Line in Sand obviously your choice.. why not use the ZL just pips lower? it just jumps out Very true that is probably a better place for the line in the sand. I was just going by Mighty...

You got the idea, I just threw out a number, 35 pips, since this was a fictional example. If you determine you can "live without" 48 pips than you would use that for the exchange. Then match the retracements to find the next size to adjust to (increase to). :D great thanks for the help Pe...

PebbleTrader wrote:

Pair= Eur/USD Account= 1000$ Initial Box = 100pip How many lots do i have to buy? how do i use the spreadsheet if i lose 30 pip and there are only 70pip remaining of the initial Box and on my next trade i want to use a 100pip Box again? how do i use the spreadsheet if i win 50pip and on my next tra...

I still dont understand how to use this spreadsheets correctly. Can someone make an step by step example,please Pair= Eur/USD Account= 1000$ Initial Box = 100pip How many lots do i have to buy? how do i use the spreadsheet if i lose 30 pip and there are only 70pip remaining of the initial Box and on...

Well this is an AUD/USD position I put on H4. The red box shows my space to stop loss. Looks like I have 5 lots at 55pips. Should I be looking to make my space bigger(cut size) or let it ride for now? Your box looks very small to me. One 4H candle could easy wipe out your stop. You should double or...

hi MO

is there a rule how we should calculate the initial Box size?
(how much pips on a 1H,4H,D1)

Or is this based of the trading style we use and everyone should find this out by himself?

Well this is an AUD/USD position I put on H4. The red box shows my space to stop loss. Looks like I have 5 lots at 55pips. Should I be looking to make my space bigger(cut size) or let it ride for now? Your box looks very small to me. One 4H candle could easy wipe out your stop. You should double or...

You control when you are in/out of the market, lots size, and space. Remember that an adjustment sets your position on a ret; your first entry sets your position in the market at the 100% ret (max risk). [highlight=red]You can move your position out of harms way by shedding lots:[/highlight] (7/5) ...

Hi MO

is this the way how you choose your leading CC? or im totally wrong?