Thread: 2 Minutes 2 Trades

Additionally I had same trade loss
also I Accepted non bias trade after 8 which happened to be Brief also loss
cheers

7 to 8 Bias trade no setup now, 8 am no prejudice, win, entry at 8.10 it only happened to become long inline with the prejudice.
JPR?? Strada??
anth

This is my commerce for this morning - winner.

If you dont mind me asking out of interest JPR time did you get into and what was your entry price TP and cease?

Mine

Entrance 8.10 and 24 secs 1.23567

Cease 1.2353

TP Found at 1.23676

Originally Posted by ;

If you dont mind me asking out of interest JPR, exactly what time did you input and what was the entrance price TP and stop?

Mine

Entrance 8.10 and 24 secs 1.23567

Discontinue 1.2353

TP Filled at 1.23676

Entrance at 08:07 - 1.23597
SL - 1.23530
TP - 1.23798

Originally Posted by ;

Entrance at 08:07 - 1.23597
SL - 1.23530
TP - 1.23798

Jpr sorry to disturb you but I was wondering in the event that you could offer some assistance,

Can you place stop first then following your entrance work out the number of pips between stop and entrance occasionally times by 3 to take profit?

I having trouble with this as I'm setting stop and working out a sort of maximum entrance figure but with my procedure its quite easy to overlook on commerce alltogether?

I guess what I am asking is once you have your signal in place what exactly do you do between signal time and the time you actually enter?

This is exactly what I want help with, love your time
anth

Originally Posted by ;

sorry to bother you but I was wondering in the event that you could offer some help,

Can you place stop first then after your entrance work out the number of pips between cease and entrance then times by 3 for take profit?

I having trouble with this as I'm setting stop and working out a sort of maximum entrance amount but with my procedure its quite easy to miss out on commerce alltogether?

I guess what I am asking is after you have your sign set up what exactly do you do between sign period and the time you actually input?

This is exactly what I need help with, love...

I use a script called EASY ORDER (search for it it's easy to loe ). This permits you to move a point to where you want your SL and TP and then enter the risk you want (I use 2%). A button is on the script called bow. This clicks and it automatically calculates the lot size according to my account equilibrium. Here's the procedure that I follow:

1) I see a potential sign setup (in this instance a very long sign ). I drag the easy order script on my chart and put it as a'buy' and risk. To where I want my stop loss, I move the point. I am not concerned about my TP at the moment. Everything is prepared.
Two ) I wait until a legitimate signal bar is nearing its closure. Whenever it closes I click the'submit' button on easy order. This then automatically calculates my lot size and sets the SL.
3) Now I'm in the trade and also my SL is place I look at my entrance price and SL and then times the gap of this by 3 to receive my target. I put my target.

I really hope that this helps - it wiull be a lot clearer if you actually set up the simple order script on your MT4 platform.

JPR

Ok great, the problem is I use interactive brokers so not certain if they have that center, they dont operate in lots only buy or sell just as much or as little as you set order for. Are you with Alpari UK as your broker?

Another issue I see is what about if price after the signal abruptly moves raising the range between the entry to prevent degree and leaving you with the unrealistic take profit? Eg if range for thehour is only 15 pips it appears to me a 20 pip TP would be unrealistic
whats your ideas?
Thanks again
anth

Originally Posted by ;

Okay great, the issue is I utilize interactive brokers so not sure when they have that center, they dont operate in lots only buy or sell as much or as little as you place order for. Are you with Alpari UK as your broker?

The other problem I see is what about if price after the signal abruptly moves raising the range between the entrance to prevent degree and leaving you with an unrealistic take profit? Eg if range for thehour is only 15 pips it appears to me a 20 pip TP would be unrealistic
whats your ideas?
Thanks
anth

I am with all the broker you said . If price moves abruptly afterward that happens it only means your TP will be wider. That is just forex!

JPR

Originally Posted by ;

I'm together with all the broker you mentioned yes. If price moves suddenly then happens it just means your TP will probably be wider. That's just Currency Market!

JPR

Thanks again, very helpfull, simply to confirm would you move your stop closer to your entry price in order to achieve a lesser TP?