The Sacred Edge -
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thread: The Sacred Edge

  1. #21
    Sorry that I offended anybody. That wasn't my intention.
    You have not offended anybody. You only need another attitude. If you'll only go where we have gone. You'd learn alot more which what you'd learn in my charts in here. The are bits and pieces allover. You Simply Need to find them and slice them together

  2. #22
    quote Added to longs on cadchf at 0.7450 was aiming for 0.7435 but missed it by 0.00002/3 micropips. Added on dwell account but forgot to include on demonion. Will add when we reunite there
    Cadchf 1hr candle closed exactly on daily pivot which was keeping price below all of it throughh yesterday. Want it to close above 0.7462

  3. #23
    quote Cadchf 1hr candle closed exactly on daily pivot which was keeping price below all of it throughh yesterday. Want it to close above 0.7462
    Added to demonion in 0.7455

  4. #24
    quote Additional to demo at 0.7455
    Stoploss on the two cadchf trades set at 0.7420. Crude oil dump is not helping matters. This was not a trade

  5. #25
    quote Stoploss on the two cadchf trades set at 0.7420. Crude oil dump is not helping things. This was not a fantastic commerce
    Closed both cad transactions for -50pips. There was some lousy analysis I. It might rally but the trade is very risky. Found out later I was already in the commerce

  6. #26
    quote Closed both cad transactions for -50pips. There was some bad analysis I. It could rally but the trade is extremely risky. Found out after I was in the commerce
    Finally rallied into about 40pips plus 50pips profit. But shut those transactions due to large risk.of major breakout

  7. #27
    My thoughts is expanding by the day. I have far greater enteries and faster profit setups than previously. Learning everyday. Its all filters

  8. #28
    Taking a lengthy on audcad. I'm 100pips overdue with this trade but nevertheless entered since the trade has alot of room oo proceed to twe up side. 300 to 400pips target. May require weeks or two a week to play out. Will add longs is she reaches the bottom.

  9. #29
    I discovered a weakness in my egy. Exiting early on quite excellent transactions I might have become swing transactions. Ive decided to spin things abit to increase my risk reward ratio and milk tendencies. What I see is that I receive very good entrances then exit with very little profit. I have been able to incorporate other aspects of TZs as I mentioned in my timebased TZ/RZ thread I order to enter transactions on retracement to co tinue using the trend. Hope to see improved results. Having to track unique egies hasnt been easy for me. I might only need to concentrate on what im sure works for now and look to other egies in my spare time. . Usdjpy finally rallied fro the floor. Interesting

  10. #30
    Junior Member albamolina12's Avatar
    4
    I found a weakness in my egy. Exiting early on very excellent trades I could have become swing trades. Ive made a decision to twist things abit to increase my risk reward ratio and milk tendencies. What we see is that I get very great entrances then exit with little profit. I've been able to incorporate other elements of TZs as I said in my timebased TZ/RZ thread order to enter trades on retracement to co tinue with this trend. Hope to see results. Needing to monitor different egies hasnt been easy for me. I might only need to concentrate...
    I believe the entrance and exit are so intrinsically linked, from a private plogy point of view that I believe it contributes towards commerce anticipation. There is 1 thing differentiating Risk/Reward, but there is another thing discovering a border that defines Reward and with another edge that defines risk.

    To me, entering the market means taking on or specifying risk - since we assume and readily accept that people do not understand what the market is going to do. You only have an expectation. Because you entered and took on that risk, there must be an inherent assumption that your edge is putting you at a Low Risk entrance. BUT - that entrance doesn't specify your exit unless your edge does that at the exact same moment.

    If you were to combine your abilities, knowledge and experience so that your Entrance Edge and Exit Edge worked collectively regularly - notice always doesn't mean all of the time, but with a high degree of chance, then your confidence may increase to the point that if you understand where the probable EXITS are you can trade inside that exit from 10 pips off, 20 pips or 200 pips off - OR - you could also trade into the exit at several times.

    Compare that to entering say on a classic indior such as a Trendline or S/R lineup... however the market moves against you and this subsequently becomes a trade management situation (eg. drawdown).

    When this was explained to me - it was one of the essential moments that allowed me to understand and refine all the edges I had heard but hadn't structured in order to answer the Entry/Exit combination. Hope this helps!

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