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cfabian, i'm far away from an expert but i did the same trades on another pair and ended like you in a loss. i can tell you the only thing that worked (for me): trading the extremes from h1 or h4. if i look at your trades than i have to say that you are always late. today there would have been one ...

I used to find this problem all the time. Take notice of the 8 hr momo bar. You never closed above that bar line. Break time zones down, the houlry m bars gave you some pips then zeroed out, the 15 min mbars gave you pips then zeroed. I try to take pip ranges based on what i see for each time perio...

I had these 2 trades today, worth -40.
Any comments are more than apreciated.

Cheers

Hey Pablo, good to see someone is using renko here. I do like it as well as it really swipes all the noise. On what TF you use it and what size candles? Hi cfabian, in these charts I have the blocks at 5 pips. Not sure what you mean about TF? Great seeing you again :D Hey Pablo, yes it is good to s...

The old pirate crew are back, I thought i would show my support with what I've been doing lately ~ minus my ego and being as humble as poss :wink: The 3xcc looks confusing to some but look closer, get some xp and you'll almost always never get the direction wrong, I'm still no xpert with it but hol...

arkan1976 wrote:please, can you explain the reasons for to make that trade ?
Thanks.

Sure. In this case I just traded the breakout of the red H4 candle. Nothing fancy or complicated.

BTW, I closed it already with +105. It will probably run for more.

MO, nice MM concepts here... correct MM is vital for succeeding in this business, as it is the spine of trading. Thanks again for your inputs. I have a question here... when you place an order, at that time your entry line is one extreme of the pipcushion box. The question is if it remains fixed at ...

Hi guys, long time no post.

Here's my current trade... +120 at the moment, now my issue is where to exit?

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...

Guys, this kind of setups are the ones that always kill me. Could someone please guide me as to how to properly look at them? My perception was that the price was supporting on the blue line. HT was trending bullish. Wicks on the yellow circle are confirming rejection from the support zone. That is ...