If we could get get a bit of overnight drift down to yellow lines I Will see for PA tomorrow.
We'll see where price is at by 7am GMT.
If we could get get a bit of overnight drift down to yellow lines I Will see for PA tomorrow.
We'll see where price is at by 7am GMT.
Okay, this is much more of a counter-trend change within my eyes. Additionally look not refreshing abandoned and trending high.
Zone looks somewhat untidy so I'm not in this, plus the time of day means it is not my bag. I'd need to sit through an overnight grind.
I want entries at the London open (ideally) or sometimes NY open if we're waiting for some news setup.
I'd rather be shutting positions at that time of day instead of opening them holding a running position from reduced.
A few EU trades dependent on the movements of the Dollar index.Last days happen to be bearish so I purchased EU shortly then yesterday and today some buyers came in,a good reason to sell Eu.
About the lost trades,well,I was hoping for a deeper retracement,nothing major just a counter tendency scalp
Hmm was intending to run this position but FOMC was a damp squib.
Pulled the plug RR about 4:1 rather than overnight hold.
Hi
Many brokers give you on their platform all sort of advice.
I use MT4 but prior to placing the trade I use Oanda platform to receive all the details of the trade (pip value, risk, lot size etc.. .) .
Cheers
Oh yes, fantastic point. There's only click EA's and order supervisors that would do the trick too.
There's likely better ones that this one if I did a little research.
If anyone knows of a one click EA that has built at risk % by SL then I'm all ears.
Hi
Many brokers provide you on their platform all type of advice.
I use MT4 but before putting the transaction I use Oanda platform to get all the particulars of the transaction (pip value, risk, lot size etc.. .) .
Cheers
Found a fantastic indior that's great for calculating position size on the fly. It's $10 for a chart add on. You tap in the SL and it gives the place size without even leaving the chart.
Https://www.mql5.com/en/market/product/7678
it is a good idea to scale as the account grows instead of having a predetermined place, which for me personally probably encouraged over trading as you begin to spin your wheels. Here is the only means to obtain an exponential equity curve (instead of linear) without increasing trading frequency.
I understand this is obvious stuff but I had never had the dediion for a scalper to putting into practice. This indi is exactly what I needed.
A few issues, you can not move it to a different corner and it defaults back to a 50 pip SL if you alter profile.