Thread: New Day breakout by fed

Here is what I shall do tonight, because the price opened over the pivot line I've put my pending extended entries, but I shall do observe for the price if it goes south then I shall go short.

this is the screenshot again, the prev screenshot had some personal data...

I'm back testing the times that had small bodies (less then 15-20 pips) or not any bodies, what I will do is I won't trade that candel(the candel without a body makes things more complied ), I will wait for another hour's candel and that usualy will get a bigger body and I shall use that candel instead.

here is an example

Micro Trading this , negative start to the week and long today @ 152.80 down plateau 40 pips. Hoping to get a couple winners as the week progresses.

Originally Posted by ;

Micro Trading this , negative start to the week and long today @ 152.80 down approx 40 pips. Hoping for a couple winners as the week progresses.

Hi, not one of my pending orders trigerred yet. I put my long orders at 152.94(remember the spread for long orders mine is usualy 7 pips that I add on 30) and I have 152.15 brief orders.

My long orders have been triggered.... Tonight if I struck TP1, I won't target TP3 since it is far higher the R3 line. R3 line is about 20 pips above TP2 right @154.72 and that is my true target...

Hello Fed,
I would be great if you upgrade information regarding principles TP's SL's from the first article.

Hi feb,

is there a statistical reason why you take the entire body of the candle but not the wicks?

Thanks for your answer

Messy london session and ofcourse a bad loss nothing much you can do on a day such as this....

But looking ahead for tonight's breakout hopefully we will have a fantastic trend...