Search found 135 matches

by Jhx
Tue Jul 03, 2018 3:20 pm
Forum: beginners forum
Topic: Jhx's Journey
Replies: 26
Views: 3691
Gender: None specified

Re: Jhx's Journey

@LeM I'm keeping track of the weekly opens as a side note. In 5 out of 7 days so far, the bigger moves (20+ pips away from the open, within my session) were in the direction of the weekly candle color. Note that one of the 2 that didn't had a (I believe it was news related) 110 pip move within 3 hou...
by Jhx
Tue Jul 03, 2018 2:49 pm
Forum: beginners forum
Topic: Jhx's Journey
Replies: 26
Views: 3691
Gender: None specified

Re: Jhx's Journey

No trades today. But that doesn't mean I don't have to watch the charts 8) buyzone-usdcad-07-03.png Bar 1: Previous high was above my zone, for 1.5~ pips, but gotta follow the plan :lol: . Bar 2: Previous high was outside my zone. Bar 3: Previous high was outside my zone. But, it seems like price le...
by Jhx
Mon Jul 02, 2018 4:41 pm
Forum: beginners forum
Topic: Jhx's Journey
Replies: 26
Views: 3691
Gender: None specified

Re: Jhx's Journey

Today's Trades: buyzone-usdcad-07-02.png Bar 1: Long Entered long at the long trigger. Didn't enter when price broke out of the previous candle's high because it was too close to the session open. Stop was placed at the previous candle's high (this is my way of trying to "cut my losses short&qu...
by Jhx
Mon Jul 02, 2018 4:28 pm
Forum: Tradestation indicators
Topic: TRO BUY ZONE - KEEP IT SIMPLE
Replies: 973
Views: 239588
Gender: None specified

Re: TRO BUY ZONE - KEEP IT SIMPLE

''You had me at "I took the Doo-Whah-Bop and subtracted the Fleet-Whop-Whop from the Koobie-Zabie. Then I switched in Mountain Time" :lol: I thought I was only one with a few loose nuts. Good stuff bud.'' The only way to stay sane in this game is to be a little nuts, buddy :P Right, today...
by Jhx
Mon Jul 02, 2018 12:30 am
Forum: Tradestation indicators
Topic: TRO BUY ZONE - KEEP IT SIMPLE
Replies: 973
Views: 239588
Gender: None specified

Re: TRO BUY ZONE - KEEP IT SIMPLE

''You had me at "I took the Doo-Whah-Bop and subtracted the Fleet-Whop-Whop from the Koobie-Zabie. Then I switched in Mountain Time" :lol: I thought I was only one with a few loose nuts. Good stuff bud.'' The only way to stay sane in this game is to be a little nuts, buddy :P Right, today...
by Jhx
Sun Jul 01, 2018 7:55 pm
Forum: beginners forum
Topic: Jhx's Journey
Replies: 26
Views: 3691
Gender: None specified

Re: Jhx's Journey

Weekly Results: Trades: 6 Winners: 5 (+3 pips each) Losers: 1 (-5 pips) Total: +10 Observations / Analysis / Things I noticed: 1) I made trades every day, except on Wednesday, because there were inside bars and candles kept opening outside my buyzone. 2) Price movement was there, even within the 3 ...
by Jhx
Fri Jun 29, 2018 3:16 pm
Forum: beginners forum
Topic: Jhx's Journey
Replies: 26
Views: 3691
Gender: None specified

Re: Jhx's Journey

To achieve greater ratios than 1:1 you can focus on exiting prior to -30 (reduce risk) and using 1/4 of your profit to increase your position size (maximize reward). The "adding" thing got me thinking. Let's say I risk $100 to make $100 (with a 100 pip SL, wich is at $1 per pip). I'll cal...
by Jhx
Fri Jun 29, 2018 2:22 pm
Forum: beginners forum
Topic: Jhx's Journey
Replies: 26
Views: 3691
Gender: None specified

Re: Jhx's Journey

Would you mind explaining that? I'm trying to understand but I don't think I'm getting it #-o Sure. Maybe you have 1 pip set to $10, but 1 pip is not the only width that can equal $10 (eg 5 pips = $10, 20 pips = $10, etc). The idea here is that you always want your risk to be $10 AND $10 to always ...
by Jhx
Fri Jun 29, 2018 2:14 pm
Forum: beginners forum
Topic: Jhx's Journey
Replies: 26
Views: 3691
Gender: None specified

Re: Jhx's Journey

Today's trades: buyzone-usdcad-06-29.png Bar 1: Long I entered long when price broke out of the previous candle's high. Placed my stop at the session open. Price went down, and triggered my SL at -5 . Then it exited both sides of the zone and made a very big move to the downside, but I'm limiting to...
by Jhx
Fri Jun 29, 2018 2:28 am
Forum: beginners forum
Topic: Jhx's Journey
Replies: 26
Views: 3691
Gender: None specified

Re: Jhx's Journey

Trade #2: Entered when the price broke out of the previous candle's high. Exited the trade at +3 . Note: My stop was at the open, maybe I was lucky this time but I need to stick to my rules. Giving it an 11 pip~ wiggle room to grab 3 doesn't make much sense to me (especially if I'm only trading onc...

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