Space Wars

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rushN4
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Postby rushN4 » Wed Jan 12, 2011 12:42 pm

bredin wrote:Stop getting hung up on exact numbers and calculations....

think for a moment about what would happen if one of those big candles jumped up and spanked you...

now view the box and the if/then line with this in mind.

G.



if one candle close against me then there is minimum 64pips left and this is 1/3 of the average candles range (on candle close)......

if someone knows a better way how to calculate your initial box let me know...thx

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Postby Jalarupa » Wed Jan 12, 2011 1:55 pm

I have a question... When we shedding lots surely the Breakeven line should move further away from current PA as we have accepted a small loss...

Does anyone know whats the best way of accurately calculating this new Break even point?

Stop me if I am being anal...
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Postby erika_bb » Wed Jan 12, 2011 2:08 pm

so is space wars in conflict with "add to where your average price" is below support or resistance?

since we manipulate lots to a certain box size, do i simply add and shred to adjust box size without regard to placing the avg price somewhere "safe"? if so how frequently must i do so?

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PebbleTrader
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Postby PebbleTrader » Wed Jan 12, 2011 4:18 pm

Very excited about 'SPACE WARS'

Looking at the "green dots" :?:

Current extreme?, relate to momo candle?, support/resistance?... :?:

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Postby rushN4 » Wed Jan 12, 2011 5:28 pm

here is a E/U trade i entered on monday.... on the next trade i have 258pips to work with.

i can increase the lots and make my box smaller...
or i can move my 258 pip box to a higher timframe...

please dont ask why my initial box is 85pips...it was choosen by eye
(not calculated)

Image
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Postby MightyOne » Wed Jan 12, 2011 7:19 pm

PebbleTrader wrote:Very excited about 'SPACE WARS'

Looking at the "green dots" :?:

Current extreme?, relate to momo candle?, support/resistance?... :?:

Image


Guesstimated closes over a line :wink:

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MightyOne
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Postby MightyOne » Wed Jan 12, 2011 7:51 pm

rushN4 wrote:here is a E/U trade i entered on monday.... on the next trade i have 258pips to work with.

i can increase the lots and make my box smaller...
or i can move my 258 pip box to a higher timframe...

please dont ask why my initial box is 85pips...it was choosen by eye
(not calculated)

Image


Did you do something like this?:
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rushN4
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Postby rushN4 » Wed Jan 12, 2011 8:07 pm

MightyOne wrote:
rushN4 wrote:here is a E/U trade i entered on monday.... on the next trade i have 258pips to work with.

i can increase the lots and make my box smaller...
or i can move my 258 pip box to a higher timframe...

please dont ask why my initial box is 85pips...it was choosen by eye
(not calculated)

Image


Did you do something like this?:



:shock: No i have not added lots.....i entered with 5 lots and holded the position till my exit point......interesting :shock:
No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.

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MightyOne
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Postby MightyOne » Wed Jan 12, 2011 8:26 pm

rushN4 wrote:
MightyOne wrote:
rushN4 wrote:here is a E/U trade i entered on monday.... on the next trade i have 258pips to work with.

i can increase the lots and make my box smaller...
or i can move my 258 pip box to a higher timframe...

please dont ask why my initial box is 85pips...it was choosen by eye
(not calculated)

Image


Did you do something like this?:



:shock: No i have not added lots.....i entered with 5 lots and holded the position till my exit point......interesting :shock:


Space is only the shield, pick up your sword before you get yourself killed :shock:

I probably should have marked the chart like this:
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rushN4
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Postby rushN4 » Wed Jan 12, 2011 9:49 pm

MightyOne wrote:
rushN4 wrote:
MightyOne wrote:
rushN4 wrote:here is a E/U trade i entered on monday.... on the next trade i have 258pips to work with.

i can increase the lots and make my box smaller...
or i can move my 258 pip box to a higher timframe...

please dont ask why my initial box is 85pips...it was choosen by eye
(not calculated)

Image


Did you do something like this?:



:shock: No i have not added lots.....i entered with 5 lots and holded the position till my exit point......interesting :shock:


Space is only the shield, pick up your sword before you get yourself killed :shock:

I probably should have marked the chart like this:



I first have to learn how to use my sword.......dont want to hit myself :D

Image
No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.

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