stevewalker - Manual Trading
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Member Since Jan 14, 2010 2186 posts
Chikot
Jul 20 2012 at 06:49
why? it's better to take a loss. it looks like e/u. from my experience they are going for break of that trend line that formed over past few days lows. i do not mean it is going to be broken, I mean there is a good probability price will go to break it.
you know, Steve, the smaller your loss the easier is to trade back it. ok, I start looking for opportunities. |
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Member Since Jun 06, 2012 1360 posts
stevewalker (stevewalker)
Jul 20 2012 at 13:17
(edited Jul 20 2012 at 13:18 )
todays entry
I will wait for one more bar. this is in my plan. price is just playing around the early S/R levels. the position is Short Trade the Trend, Defend to Price! |
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Member Since Jun 06, 2012 1360 posts
stevewalker (stevewalker)
Jul 20 2012 at 13:19
Manual Trading 1Hr Us Open Log
Start : 17-07-2012 Days ____MFE pip____MAE pip____P/L pip________Exp_____________________________________________ 1____79_________2________30___________according to the plan it should be 50 pip TP 2____23________93_______-45___________according to the plan I should exit on BE at 0900 gmt+3 3___100_________5________42___________according to the plan it should be 50 pip TP 4___ 85________17________62___________according to the plan it should be 50 pip TP Trade the Trend, Defend to Price! |
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Member Since Jan 14, 2010 2186 posts
Chikot
Jul 20 2012 at 13:27
hard to understand what you are doing Steve. have you bought before moving stop down or you sold and moved it to BE?
I think exact targets not always work. I was planning for 25 pips but had to close for half. price just did not go there. |
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Member Since Jun 06, 2012 1360 posts
stevewalker (stevewalker)
Jul 20 2012 at 13:53
it was the tarde I went short yesterday. I stayed alive untill 0900 gmt+3 and it was around +20 so I moved my stop down and a bit limit down.
stop was at 20 pip limit was at 60 pip. it hit limit. done. +60 pip. Chikot posted: hard to understand what you are doing Steve. have you bought before moving stop down or you sold and moved it to BE? I think exact targets not always work. I was planning for 25 pips but had to close for half. price just did not go there. Trade the Trend, Defend to Price! |
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Member Since Jun 06, 2012 1360 posts
stevewalker (stevewalker)
Jul 20 2012 at 13:57
(edited Jul 20 2012 at 14:09 )
will be honest.
I stayed al night awake and waited for the yesterdays trade. it is a winner. but did not take this one. may be I was tiered. this short trade is in +45 MFE in 45 min. pitty. no worries. BTDTR. this week is over with +85 pip. ![]() according to the plan it should be 150 pip in 4 days with 4 trades. ![]() we can also call todays a winner ![]() stevewalker posted: todays entry I will wait for one more bar. this is in my plan. price is just playing around the early S/R levels. the position is Short Trade the Trend, Defend to Price! |
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Member Since Jun 06, 2012 1360 posts
stevewalker (stevewalker)
Jul 20 2012 at 14:00
when I as fixing the code I made mistake and did not take any trade till now.
it is now working with the below rules. stevewalker posted: it will be redicilus if I think any EA will work with fix setup after all that coding and testing experience. so what I am going to do is EA will start run with the results of collected data. but it will open all trades with the rule below; lot 1/1 with the setup parameters lot 1/10 with the against setup parameters this will allow me to collect data and work on it. if EA work properly then I can code a algo for 'data work part'. stevewalker posted: momentum EA ( actually Acceleration EA ) currently I am looking the 20 tick acce. on the top of that when I look 20^2 ticks acce same direction it seems to be work. but this has to be tested for a long time. published account still trading with only first 20 tick acce and collecting data. Trade the Trend, Defend to Price! |
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Member Since Jun 06, 2012 1360 posts
stevewalker (stevewalker)
Jul 20 2012 at 14:11
I am high frequency, impatient guy.
Chikot by watching you I learned how to be patient. ![]() walker Trade the Trend, Defend to Price! |
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Member Since Jan 14, 2010 2186 posts
Chikot
Jul 20 2012 at 14:23
It means Steve is in a pips
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Member Since Jan 14, 2010 2186 posts
Chikot
Jul 20 2012 at 14:25
I used to be same. very very high frequency. You might remember my last summer oil trades. Big progress since then tough I was doing not bad at all. But I am doing much better now.
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