Hit & Run 1 (By forex_trader_100624)
The user has deleted this system.
Hit & Run 1 Discussion
Nov 26, 2012 at 14:13
234 Views
1 Replies
forex_trader_100624
Member Since Nov 25, 2012
3 posts
Nov 27, 2012 at 12:03
Hello Everyone
All my trading life I've used the 'Line Chart' simply because all my strategies and custom indicators is based around the 'Close' of a given bar period.
My latest formula:
This trading strategy involves using the EUR/USD, GBP/USD, and AUD/USD as a form of hedging one off the other if all goes wrong, so no losing StopLoss is ever needed.
I like to set a manual 'guaranteed' StopLoss at 5 pips (profit) then use my (15) TrailingStop to hunt out any extra points...
I might get.
Good luck
ilearn2t admin forex4newbies.forumotion.co.uk
All my trading life I've used the 'Line Chart' simply because all my strategies and custom indicators is based around the 'Close' of a given bar period.
My latest formula:
This trading strategy involves using the EUR/USD, GBP/USD, and AUD/USD as a form of hedging one off the other if all goes wrong, so no losing StopLoss is ever needed.
I like to set a manual 'guaranteed' StopLoss at 5 pips (profit) then use my (15) TrailingStop to hunt out any extra points...
I might get.
Good luck
ilearn2t admin forex4newbies.forumotion.co.uk
forex_trader_100624
Member Since Nov 25, 2012
3 posts
Nov 28, 2012 at 07:56
Hello Everyone
To achieve my goals, I allow my order/s to increase by 15 pips (4 digit platform) and set my StopLoss at the minimum level of 5 pips.
It also involves setting a High & Low range finding the center point and placing orders within a given range of 'center', below 'center' its Buy, above 'center' its Sell.
My trading strategy involves using the EUR/USD, GBP/USD, and AUD/USD as a form of hedging one of the other if all goes wrong, so no losing StopLoss is ever needed.
High risk, but like you say 'only trade with what you can afford to lose'
Good luck
ilearn2t
To achieve my goals, I allow my order/s to increase by 15 pips (4 digit platform) and set my StopLoss at the minimum level of 5 pips.
It also involves setting a High & Low range finding the center point and placing orders within a given range of 'center', below 'center' its Buy, above 'center' its Sell.
My trading strategy involves using the EUR/USD, GBP/USD, and AUD/USD as a form of hedging one of the other if all goes wrong, so no losing StopLoss is ever needed.
High risk, but like you say 'only trade with what you can afford to lose'
Good luck
ilearn2t
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