PowerTrading/The River - page 45
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Yes
PT I take it you take the break and not a close above or below the break, is that correct?
Yes, we take the break normally based on Price Action. If we are moving towards the break with some momentum, I go as soon as we cross. If we just dribble across, then I wait for a few candles on the other side. I rarely get false signals.
PT
Nice chart for the day
Thanks for posting the break-out chart setup for the day, it was exactly the same chart setup i have for the day.... I couldn't post the chart set-up because i was so much i hurry as i was running late to office.
Presently, i have short cable on 2.0422
thanks friend
too bad my stop loss was hit
PT,
I'd like your contribution to my today's trade. i know that you can't always win but then were you hit as i was today.
The price momentum on the breakage of the zone was high and i went short at 2.0422. got 7pips before the price went against me so fast. I did watched as my stoploss was hit.
Can you give an advice to safeguard the re-occurence of such.
I thought that i should have secured at least a pip befroe the market went against me but then i'd like to have your advice.
-20pips since i started to go live
No problem i will make more than that for real i the next opportunity... mean while i have to wait for another 24hrs because am at work now and there wouldn't be time to trade.
happy trading guys
Hello,
Sorry for getting stopped,we normally check the bigger time frame like 4hrs to know how the currency is behaving. yep, there was a false break-out today but then you could have earned some pips if you follow the break-out direction locking in the pips in every 5 moves.
no prob. more time to learn and share ideasThanks for the advice adewale
got hit due to trading by impulse
hi all,
after analysing my trade, i discovered that i got hit by my stoploss bcos i acted based on impulse
Hows my chart?
My adjustments today were here such...
I use trailing -45-
My adjustments today were here such... I use trailing -45-
hey spektr, Can you please explain how you use the CCI?
I use CCI for acknowledgement of a signal, I draw on it a trendlines