Shadik,
(My) take on your trade.
You went long 2 bars to late.
If you would have bought on the hammer's wick at 67 you would have seen 20pips minus spread and then you could have bailed out on the big bear bar that you ended up going long on.
If you would have popped a line on your chart when you sat down you would have ONLY been trading short.
But hey, I'm a noob so take that with a grain of salt.
Someone please correct me if I'm seeing this wrong.
I need to learn from this too.
Thanks.
Procharged.
BTW,
Here's my z-line trade from today.
Got in short at 42, out with +5.4 pips.
Is this right?
I know I was in late but I couldn't trade short above the blue line.
Never Lose Again
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- prochargedmopar
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#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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MightyOne wrote:dragon33 wrote:I am learning the longer term trades. Today was just fine. Took 178 pips doing this.
What is that in risk multiples?
What you see on my chart was just 1% risk of my account. Did the same trades only scalping on the 5m doing it with 5%. I hope this will answer your question because i didn't understand your question (language)
If not try to reformulate the question.
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