EUR/USD

Jun 17, 2012 at 11:03
183,918 Visa
9,776 Replies
stevewalker
forex_trader_79941
Medlem sedan Jun 06, 2012   1439 inlägg
Aug 06, 2012 at 00:22 (redigerad Aug 06, 2012 at 00:23)
the important point is it breaked 1.2375 up.

now we have 1.2525 to touch in couple of days.

stevewalker
forex_trader_79941
Medlem sedan Jun 06, 2012   1439 inlägg
Aug 06, 2012 at 00:24
here it is



stevewalker
forex_trader_79941
Medlem sedan Jun 06, 2012   1439 inlägg
Aug 06, 2012 at 00:29
buylimit @1.2585 in the case of I fall asleep.
Medlem sedan Aug 05, 2012   42 inlägg
Aug 06, 2012 at 06:14
euro is corrected down....

Bilagor:

Medlem sedan Aug 05, 2012   42 inlägg
Aug 06, 2012 at 06:35
the beginning on the hour schedule....

Bilagor:

Medlem sedan Jan 14, 2010   556 inlägg
Aug 06, 2012 at 07:57

leo52 posted:
euro is corrected down....

Yes, it looks like it's preparing itself for another low. We'll see if we'll get higher highs which will make room for a trend reversal (short term at least).
Medlem sedan Jan 14, 2010   2299 inlägg
Aug 06, 2012 at 09:22
on e/u we already got both higher low and higher high on daily
stevewalker
forex_trader_79941
Medlem sedan Jun 06, 2012   1439 inlägg
Aug 06, 2012 at 09:28
triggered when at sleep.

MFE 5
MAE -41

actual
P/L -18


stevewalker posted:
buylimit @1.2585 in the case of I fall asleep.

stevewalker
forex_trader_79941
Medlem sedan Jun 06, 2012   1439 inlägg
Aug 06, 2012 at 09:29
statisticly Monday is not a profitable day for trading.

Medlem sedan Jan 14, 2010   2299 inlägg
Aug 06, 2012 at 09:29
Steve, what is MFE and what is MAE?
stevewalker
forex_trader_79941
Medlem sedan Jun 06, 2012   1439 inlägg
Aug 06, 2012 at 09:31
hmmmmm

MFB has new thumbnails feature. no need to insert anymore
stevewalker
forex_trader_79941
Medlem sedan Jun 06, 2012   1439 inlägg
Aug 06, 2012 at 09:34
MFE : Maximum Favorable Excursion

MAE : Maximum Adverse Excursion


Chikot posted:
Steve, what is MFE and what is MAE?
Medlem sedan Jan 14, 2010   2299 inlägg
Aug 06, 2012 at 09:34
more translation, LOL😁
what does it mean???
stevewalker
forex_trader_79941
Medlem sedan Jun 06, 2012   1439 inlägg
Aug 06, 2012 at 09:37
MFE : Maximum Favorable Excursion is what was the maximum profit that the trade had before the trade closed, Not the profit, the Maximum reached profit when trade was open.

MAE : Maximum Adverse Excursion is what was the maximum loss that the trade had before the trade closed, Not the loss, the Maximum reached loss when trade was open.


Chikot posted:
more translation, LOL😁
what does it mean???
stevewalker
forex_trader_79941
Medlem sedan Jun 06, 2012   1439 inlägg
Aug 06, 2012 at 09:38
when you collect your MFE MAE data for each trade then you can analyze and have better TP and SL levels according to your trading style + market condition and so on ......
Medlem sedan Jan 14, 2010   2299 inlägg
Aug 06, 2012 at 09:39
you mean unrealized profit and loss before trade was closed?
stevewalker
forex_trader_79941
Medlem sedan Jun 06, 2012   1439 inlägg
Aug 06, 2012 at 09:42 (redigerad Aug 06, 2012 at 09:43)
I mean Max unrealized profit and Max unrealized loss before trade was closed
you can also extend the time and get value even after close your trade. for future analyses.

eg.
I record my MFE even after closing the trade. so this gives me how far my trade reach in my direction.
later you can analayze and see if you exit early

same for SL



Chikot posted:
you mean unrealized profit and loss before trade was closed?
Medlem sedan Jan 14, 2010   2299 inlägg
Aug 06, 2012 at 09:47
I remember trading pivot points strategy, i recorded every day how far trade went against me and in my favor too. it was similar for some time an dthen statistics changed drastically and I stop both trading that strategy and recording. it is not easy to keep record of PP based startegy as pivot points change every day.
stevewalker
forex_trader_79941
Medlem sedan Jun 06, 2012   1439 inlägg
Aug 06, 2012 at 09:51
here is an exmp.

if MAE is empty then it went too far then my risk apeetite. so leave it blank.
Medlem sedan Jan 14, 2010   2299 inlägg
Aug 06, 2012 at 09:55
looks good :)
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