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Everything posted by tradecopy
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a little busy this week, and I did not have much time to post live signals. I will send the live call again next week. this week, I have 21 trades, 16 win, 5 lose, win 234.8 pips
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of course not. all manual trade
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I followed my system, placed the trade, and set a small stop loss that I could accept. everything was right. I did not care about the loss. because we could not avoid that.
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maybe. I just told you the reason why I opened the trade in my last post. I did not tell you that it was a winning trade. every time I open a trade, I do not know if I could win or lose. only market can tell you the result. and this time, market told me that I was wrong. that is it.
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please see my S/R levels in my older post. 1.2588 and 1.2617 is the Resistance level. the reason why I bought is that, price break out the range area in asian session. as the trend is down, so I set a tight sl, about 20 pips.
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hit SL @ 1.2575 - 23 pips
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long EU @ 1.25988 SL 1.2575 TP 1.266
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out @ stop 1.26 - 30 pips
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out @ 1.2570 -9 pips and short @ 1.25698
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1.25798 Long EU SL 1.255
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Intraday support and resistance level
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Intraday support and resistance level
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out @ 1.26749 + 129.1 pips
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attachment is the trade I'm holding now.
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see the pic in the attachment. it is very clear that after the price break the range area, it has a quickly down movement. so, you could find that most of time I only short EU. and if I find any chance to long EU, i would set a tight SL, and close the trade before sleeping. and about the move stop to BE, i think it is always right to do this. the first thing we should do in this game is to protect our money. I will post if I move my stop to entry.
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go to this thread: http://www.traderslaboratory.com/forums/beginners-forum/10910-build-your-own-trading-system.html you will know how I trade after you read it.
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thanks for that. this should be decided by the market. everyone knows that market has two actions: trend or trendless. in a trend market, I would not do that. but in a trendless market, I would do that to protect my trades. the amount of pips would be 20-50 pips
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sorry for my poor english. but what do you mean by "@ BE " ? the SL is 1.284
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pending order sell limit @ 1.2804 SL 1.2845 TP 1.268
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see picture the attachment
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the market price slippage
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out @ 1.281 -23 pips
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short EU @ 1.27871, SL 1.2805 TP 1.275
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now balance: $ 11100.91
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close @ 1.27188 + 22.1 pips