Never Lose Again
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TheRumpledOne
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- Real name: Avery T. Horton, Jr.
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aliassmith
- rank: 5000+ posts
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- Joined: Tue Jul 28, 2009 9:50 pm
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Building a position on G/U in the chart below would yield 15.5% return with about 3% risk, sure would like 2 or more of those a week. Sometimes I only get the first stage done and other times stage one and two. The risk:reward is based on all three stages being triggered and hiting my target.
Stage 1: 1 lot at 1.6312 58 pips
Stage 2: 2 lots at 1.6297 73 pips
Stage 3: 4 lots at 1.6288 82 pips
and out at MZ of 1.6370 about 15.5%
This is how I build a position using the H1 charts
Stage 1: 1 lot at 1.6312 58 pips
Stage 2: 2 lots at 1.6297 73 pips
Stage 3: 4 lots at 1.6288 82 pips
and out at MZ of 1.6370 about 15.5%
This is how I build a position using the H1 charts
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aliassmith wrote:Building a position on G/U in the chart below would yield 15.5% return with about 3% risk, sure would like 2 or more of those a week. Sometimes I only get the first stage done and other times stage one and two. The risk:reward is based on all three stages being triggered and hiting my target.
Stage 1: 1 lot at 1.6312 58 pips
Stage 2: 2 lots at 1.6297 73 pips
Stage 3: 4 lots at 1.6288 82 pips
and out at MZ of 1.6370 about 15.5%
This is how I build a position using the H1 charts
nice trade
what was the 1st entry at 1.6312 based on?
Bend over and assume the position for another 4 years of hope and change.
aliassmith wrote:Building a position on G/U in the chart below would yield 15.5% return with about 3% risk, sure would like 2 or more of those a week. Sometimes I only get the first stage done and other times stage one and two. The risk:reward is based on all three stages being triggered and hiting my target.
Stage 1: 1 lot at 1.6312 58 pips
Stage 2: 2 lots at 1.6297 73 pips
Stage 3: 4 lots at 1.6288 82 pips
and out at MZ of 1.6370 about 15.5%
This is how I build a position using the H1 charts
i played that one as well earlier
i got out a little sooner than u did
Bend over and assume the position for another 4 years of hope and change.
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