Kreslik.com - traders community since 2006

Yeah that sounds really good... Or you can use your full 2% pegged at a 50 pip stop loss risk... Enter off the high TF extreme (like you did)... And keep adding 2% in your next trade and then 2x2% in your follow up trades... just as long as your average in tact, and if price goes close to your aver...

I will post some of my trades next week. Normally I enter a top profit a good ways away from my entry where the next supply or demand area is but I rarely let it get hit bc I just need 10 to 30 pips to be happy with a trade. Usually I am done trading after a couple trades. I always have a SL about ...

Hey ajaymein, congrats on your results. I was just wondering if is possible for you to post images with your actual entries, SL and TP values. This kind of info is really valuable to all as to how to manage our trades. Also, when you enter your trades, SL & TP, you just sit on your hands and let...

In your opinion, since the Bank of Japan will have to decide in the next hours about interest rates, it's time reverse (sell) Yen? I might be crazy, but I do not believe that much in fundamentals. Since I met TRO, MO, Dragon, ESPIP, blah blah blah, I just stick to what I see on the charts and trade...

cfabian wrote:Currently in this one:

Closed my trade with +3. H1 closed over the open of previous H1. H3 didn't go beyond previous' bottom. Didn't like price action overall. Too slow today.

It should be noted that I have usually have TONS of screen time at my disposal, so I tend to work towards micro-managing my entries when I trade. If I didn't have as much time, I'd pretty much be going at it the way newark does. newark, when you give yourself the large stop loss on small position s...

Currently in this one:

My trade from today. Good for 23 pips. Price is still stalling in that area. http://i55.tinypic.com/iduakz.jpg Did you enter this candle, or was it one of the two right after it. http://i54.tinypic.com/24zvbpu.jpg Thanks I entered 2 after that momo candle (the last M15 of the H1). It was the one th...

dragon, do you use m15 or m5 for your entries? i often find m15 too late when price moves away fast from a zline. in the image attached you see the problem. if i would have entered at the break of that green candle (marked with an arrow) my stop would have been candle around 20-30 pips while my nex...

[font=Verdana] [highlight=violet] I Truly Have an Addiction to Reversals: [/highlight] [/font] Honestly. When I turn on my trading station it is the first thing I look for [reversals to go long, reversals to go short], and sometimes, unfortunately, I miss a hell of a lot b/c I miss seeing that cont...