15 min tlb
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Long 11 stop 6
1,30111 positoion
-4
Long 11 stop 6
1,30111 positoion
EU hit a low of 13067 at 13:35, short EU when price hits 13097, if 13097 was the top, then exit just before 13085, taking into account spread this will net 10 pips....
Adapt it for yourself by exiting at 50% on a lower stake depending on what kind of day it is...
Log 1.3109 .9 stop 6
Log 1.3109 .9 stop 6
you realise you're going long into extremely heavy daily resistance, fourth visit or not? You need to make sure the context is right before applying the system blindly. It may break through today, but i wouldn't take any more longs above 1.31 if i were you.
so everyone's system has a name, I better copyright mine ....
I hereby name it "The Knell Scalp"
Are we shorting EUR ? I am in. May the luck of the roulette be with you.
Hrm, what you ultimately did was short major resistance @ 1.3099 on the 4th or perhaps 5th visit (now worth +10 6 times at the time of writing) in the past two days, which is an admittedly excellent trade for +10 in a ranging Euro.
Fading 30 pips and all the rest of it is subject to change as the years go by non? Not sure why you need all the other stuff.
tlb, you stopped trading just when you should have been creaming it!!
I am still long but no more calls.
Unfortunately, if the system or method doesn't adapt to market conditions, it can get you killed, and following it blindly may be admirable in one sense but akin to bashing your head against a wall in another. If the market doesn't have a trend, there's no point trying to follow what's not there.
lONG 1.3168 STOP 8
I was reading the context correctly , the proof is here........in the pips.
It was a looser, -45 pips. Put the trade in shortly after waking up and forgot what my strat was and reverted back to the old casino joe ways. My strat, though not boxy, isn't incompatible with a general box concept. So broke (forgot) my own rules and paid a penalty.
I have now gone long in the direction of my strat. But I am chasing the market. However, a break out of the resistance seems likely. So I am in until the US close. I think the yanks will push it up rest of the way.