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Members Journals

    • hndrk's Avatar
    • Al3cs's Journal
    • Hi Al3cs, Nice that your GBPNZD longs worked out! What was your plan once price broke the all time lows? I mean how did you manage your risk, if you don't mind me asking? Thank you
    • In Members' Journals / Journals
    • Last post by hndrk
    • Yesterday 20:15
    • GGJJ's Avatar
    • Fight Club
    • Many thanks omidFxt for your charts. I also learnt a lot from them. Especially I like the way you explained them from the IT's point of view. That is what I need to understand. Regarding the stop loss, your stop loss got hit because you did not look at the FL(spot on in this case). If the IT wanted to cause more pain, would it be possible to even break the FL, and trigger more stop losses. If so, shall we add a few pips on top of the FL? If so, how many more is sensible?
    • In Members' Journals / Journals
    • Last post by GGJJ
    • Yesterday 19:57

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Latest Discussions

    • hndrk's Avatar
    • Al3cs's Journal
    • Hi Al3cs, Nice that your GBPNZD longs worked out! What was your plan once price broke the all time lows? I mean how did you manage your risk, if you don't mind me asking? Thank you
    • In Members' Journals / Journals
    • GGJJ's Avatar
    • Fight Club
    • Many thanks omidFxt for your charts. I also learnt a lot from them. Especially I like the way you explained them from the IT's point of view. That is what I need to understand. Regarding the stop loss, your stop loss got hit because you did not look at the FL(spot on in this case). If the IT wanted to cause more pain, would it be possible to even break the FL, and trigger more stop losses. If so, shall we add a few pips on top of the FL? If so, how many more is sensible?
    • In Members' Journals / Journals
    • GGJJ's Avatar
    • GGJJ's NOTE
    • Where do you place the stop loss? It is not quite clear for me where I should place the stop loss. My understanding is most of the people place the stop loss just outside S/R(S/D) line/zone. But here is a question, the IT knows this fact so very often they push the price just beyond stop loss line. Many stop losses get triggered automatically. IT use these to fill their orders. So what do we do as retailers? Shall we move the stop loss a bit further, how much further? I guess the stop loss (e.g how many pips )must be different based on trading style (M1,M5....up to D1, W1). Sometimes I put the 30--50 pips, but that is quite a lot, if that gets triggered, quite a big loss. However, if choosing too little 5-10 pips, it is very easy to be...
    • In Members' Journals / Journals
    • althoufx's Avatar
    • "THE ART OF WAR"
    • ...as we know the reactions by the market to LIVE orders are important for our SLs, as the market does stop hunting like a killer beast against our entries. Then learning SL by DEMO trading could be useful?...or even dangerous :-SS ? ...huge R/R in DEMO trading for 6, 8 months before going LIVE could be as a world champion of war videogame was thrown on omaha-beach battlefield ( "Save Private Ryan", steven spielberg oscar prize).......here you are what you're world champion about, now fight !......with no joystick. But there are special stuffs with no reactions at all to LIVE orders: MPLs, pole bases at CP textbook, FOs being very careful....by the truth all the entries used by IF ^:)^ , where you can have SL like fingers in one hand...
    • In Members' Journals / Journals
    • ViTaLDRuG's Avatar
    • Sweet drugs and bitter drugs
    • Past Had a good history.. you can see in the below image. [attachment] Approach Compression.. I have marked in 2nd image. [attachment] Reaction There is a nice QM formed in LTF (M5/15). But I have entered the trade earlier. Didn't wait for the confirmation which is bad ;) Stoploss was below the bigger blue box in the first image. [attachment]
    • In Members' Journals / Journals
    • gembel's Avatar
    • gembel journal trading
    • playing a lot with H1/H4 range.. often BE & SL at mid range.. 8-> 8-> will try D1/W1 range = daily/ weekly range less trade now..... waiting and patience bull trap now atm, this could be lead to larger CP otw up maybe but playing with D1/W1 range RR might be better around 10-20R....(H1/H4 range /mid range around 1-5R) [attachment] larger CP often give me headache, [attachment]
    • In Members' Journals / Journals

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