hi interesting thread and i hope i learn from this.
what is hard bid stop?
is it like stop loss? for example if i put stop loss at 10 pips and trade goes against me, then i will be closed at 10 pips.
offers: 1.0745, 1.0770, 1.08Bids: 1.0710 , 1.0685 , 1.0635
Hard bids stop means when you sell and you place your stop and targets the bids price should be equal or higher than you SL for you to be taken out not the ask price and in mt4 you cant do this unless you add spread to your stop.
Bids: 1.0660 , 1.0625, 1.06offers: 1.07, 1.0730 , 1.0770
bids:1.0635 ,1.0610, 1.0585offers: 1.0655, 1.0675/85
offers:1.0710/15, 1.0755, 1.0685Bids: 1.0660, 1.0635, 1.0610
Offers: 1.0755/60, 1.0735, 1.08Bids: 1.0675, 1.0690, 1.0640
i am sorry for asking but its very confusing to understand this.
the ask is 1.3001 and offer is 1.3000
i sell at offer 1.3000 where should my stop be?
i hope you can simplify
Offers: 1.0615 , 1.0595, 1.0645Bids: 1.0600, 1.0570, 1.0535
If bids 1.3000 and offer1.3001 IF you are selling offer price should be your stop and TP and if you are buying Bid price should be you stop and TP for you to be out of the market.so if you sell at the BId 1.3000 your stop is 1.3001
offers: 1.0670 , 1.0700, 1.0690Bids: 1.0640 , 1.0710, 1.0610
Offers:1.0630, 1.0670,1.0690Bids:1.0580, 1.06, 1.0620
It should be a great sytem but how do you actually trade the offers,bids and stops? When you go out ?
bids: 1.0585 ,1.06 ,1.0550offers:1.0630 , 1.0675 ,1.07
i posted some videos for ou guys to learn how we do this. some youtube videosEuro Sniper - YouTube
offers: 1.0685, 1.0640 ,1.0625bids:1.05, 1.0515/25, 1.0495, 1.0555
time trade coming up: If we stay below 1.0548 and 1.0540 by 7:15 i go long at marke we can not break 48
Offers: 1.0940 ,1.0955 ,1.1000Bids: 1.0835 , 1.0855, 1.0795
Offers: 1.0855/60 , 1.0880 ,1.0935, 1.0825Bids: 1.0830 , 1.0795/1.08
found something intersting
The beginner's guide to FX trading