Thread: Trend Lines and Analysis

Originally Posted by ;

#38 image

My UC transaction has begun to move. I am contemplating adding to my positions to stop the 3 pip overlooks that and my TP's is. I have reduced and added my new SL at the dotted lines. I think my SL could be able to be greater but haven't done the math at this stage. I haven't included the new TP but should be fairly evident if the egy functions or not (if it is not clear I will figure it out later).

I am intending to do this for my trades from here onward as a process of testing the concept.
(Yellen at 90 minutes, I may actually call this transaction prior to completion).


Edit: I did a demanding math (not like deposit currency (AUD)) and reposted pic.

I have entered my next trade although UC has not finished yet. I have re-entered AJ because of numerous signs that resembles a highly probable commerce. Just have to keep my margin in check in order for it to complete

#39

USDCAD

Originally Posted by ;

#38 Picture

TP 1 net trade

1 net trade

1 Test trade

Originally Posted by ;

#39 image

B.E (-) 0 internet transactions

1 internet trade

Jumped a minute before China data. .was looking threatening.

Number 40

Originally Posted by ;

#40 image

PA just hit my next trade level that I am testing atm.
New levels indied (ignore plum dotted lines)

Originally Posted by ;

quote PA just hit my next trade level that I'm testing atm. New levels marked (discount plum dotted lines) image

The evaluation amount TP was hit successfully (as it did with all the UCad test levels previously). Based on future results regarding SL protection; hitting on the TP has diminished risk of the transaction reversing and overlooking my true TP. It's also a time factor... the more at the market the higher the risk becomes and if I have achieved the profit amount it frees my margin upward for a different trade. As I said however, it's all dependant of how secure the SL is following the next transaction is taken.

Ignore the plum dotted lines.

Originally Posted by ;

I will place my TE transactions here only for the testing of new portion of my egy. I've added the next commerce and the adjusted levels are shown. TE #1 picture Edit: just noticed the pic didn't upload properly(small icon), simply uploaded again.

TE #1 virtual TP taken. Was a fantastic test of the SL level also. Now just another 100 tests to go

Originally Posted by ;

#40 image

B.E. ( )
1 internet trade
(Test 50percent )

Live 2/3 (such as TE)
Test 3/3

Missed my TP by 5 pips so that the test egy would have worked that commerce.