I would nominate your SR indicator as a great start!
This is the most brilliant piece of work I MHO ever!
DAILY WICK ZONE TRADING
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Re: DAILY WICK ZONE TRADING
johnsund wrote:What would that be called Avery?
TRO_WICKS_PIPS - something like that
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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Re: DAILY WICK ZONE TRADING
biggusdickus wrote:I would nominate your SR indicator as a great start!
This is the most brilliant piece of work
Wrong thread for that indicator.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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Re: DAILY WICK ZONE TRADING
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
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Re: DAILY WICK ZONE TRADING
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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Re: DAILY WICK ZONE TRADING
Hi TRO
Already start reading this forum from the begining.
Question: how is it possible to recover SL (-43pips from the low of the wick to high) if price goes above the upper wick only about 35 pips. ??
A short trade would have resulted in being stopped out. But the next long trade would have made up for the loss.[/quote]
Already start reading this forum from the begining.
Question: how is it possible to recover SL (-43pips from the low of the wick to high) if price goes above the upper wick only about 35 pips. ??
A short trade would have resulted in being stopped out. But the next long trade would have made up for the loss.[/quote]
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Re: DAILY WICK ZONE TRADING
The weekly candle was green. If you look to the right of the screen you can see it gives directional bias: "H1 down trade short, d1 up trade long, W1 up trade long. You could have filtered out that trade by using that bias.
"So let it be written; so let it be done."
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Re: DAILY WICK ZONE TRADING
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
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Re: DAILY WICK ZONE TRADING
Goonslinger wrote:The weekly candle was green. If you look to the right of the screen you can see it gives directional bias: "H1 down trade short, d1 up trade long, W1 up trade long. You could have filtered out that trade by using that bias.
During the short entry @ 130.520 daily candle was red.
So going short this trade would have resulted in being stopped out. (-43pips)
But going long @ 130.958 the maximum profit would be +35 pips.
How is it possible to cover the SL???
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Re: DAILY WICK ZONE TRADING
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
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