I asked you before but I didn’t get any answer; should I put 2 transactions at once, one from buy first and second from if wrong; or just one - from buy first and if it loses I put the second from if wrong?
today was the case for puting both transactions
Once at time, no both.
I think that you need a little more of experience before trade as you read on a post…
Daily Forex Predictions for September 21, 2012
(update: 8:39 am GMT+7)
EUR/USD
No comment
Enjoy !
Daily Forex Predictions for September 24, 2012
(update: 8:27 am GMT+7)
EUR/USD
(last price: 1.2963)
SELL first, entry = 1.2980, SL = 1.3020, TP = 1.2940
if wrong, then BUY, entry = 1.3020, SL = 1.2980, TP = 1.3060
Enjoy !
Regards,
GainScope
Daily Forex Predictions for September 25, 2012
(update: 8:17 am GMT+7)
EUR/USD
(last price: 1.2943)
BUY first, entry = 1.2935, SL = 1.2895, TP = 1.2975
if wrong, then SELL, entry = 1.2895, SL = 1.2935, TP = 1.2855
Enjoy !
Regards,
GainScope
Daily Forex Predictions for September 26, 2012
(update: 8:17 am GMT+7)
EUR/USD
(last price: 1.2908)
SELL first, entry = 1.2895, SL = 1.2935, TP = 1.2855
if wrong, then BUY, entry = 1.2935, SL = 1.2895, TP = 1.2975
Enjoy !
Regards,
GainScope
Daily Forex Predictions for September 27, 2012
(update: 8:39 am GMT+7)
EUR/USD
No Comment
Enjoy !
Regards,
GainScope
Daily Forex Predictions for September 28, 2012
(update: 8:30 am GMT+7)
EUR/USD
(last price: 1.2916)
BUY first, entry = 1.2920, SL = 1.2880, TP = 1.2960
if wrong, then SELL, entry = 1.2880, SL = 1.2920, TP = 1.2840
Enjoy !
Regards,
GainScope
Daily Forex Predictions for October 1, 2012
(update: 8:16 am GMT+7)
EUR/USD
(last price: 1.2817)
SELL first, entry = 1.2832, SL = 1.2872, TP = 1.2792
if wrong, then BUY, entry = 1.2872, SL = 1.2832, TP = 1.2912
Enjoy !
Regards,
GainScope
Daily Forex Predictions for October 2, 2012
(update: 8:28 am GMT+7)
EUR/USD
(last price: 1.2892)
BUY first, entry = 1.2895, SL = 1.2855, TP = 1.2935
if wrong, then SELL, entry = 1.2855, SL = 1.2895, TP = 1.2815
Enjoy !
Regards,
GainScope
Daily Forex Predictions for October 3, 2012
(update: 8:15 am GMT+7)
EUR/USD
(last price: 1.2901)
SELL first, entry = 1.2906, SL = 1.2946, TP = 1.2866
if wrong, then BUY, entry = 1.2946, SL = 1.2906, TP = 1.2986
Enjoy !
Regards,
GainScope
Thanks for advise. Well I’m a newbie here. Could you help me to understand how it is works? What does it mean ‘wrong’? SL and PT? When I have to stop and what conditions?
Thanks in advance.
candle, it’s really simple. first you sell at the price posted and set your TP - target profit or limit at posted value, and your SL - stop loss at the SL posted value. now u sit and wait. if your trade closes at TP, then u make a profit and wait for the next day. however if ur trade closes at SL, then you make another trade explained after the word “wrong” . basically it means that u do the first trade n if it turns out to be a loss, you set up the second one.
Thank a lot ifeltsweet for feedback.
and if you please one more question has been appeared. If the price reached the TP and is continuing to grow if it is a good idea to start one another position and get more money or it is better to stop on this position?
Thanks in advance.
Good luck.
Well it really depends on your strategy I think. If you are going to open another position after TP is reached, then you better be sure where to set SL and TP for this new position. It also depends on the market conditions and if there are any pending news or not. As for me, I would not open another position after TP is reached, I would just sit back and relax, and wait for tomorrow. It’s better not to over trade and make rush decisions. If you made money today, be glad, make your self and nice drink and come back tomorrow.
It is better to stop and don’t get too greedy. Because the market will not move the way you wanted it to be.
Hi James,
What’s your SP in zulu? If you don’t have one, why not? It will be easier for me to monitor your trades this way
I’m sorry, I didn’t use Zulu
James
Daily Forex Predictions for October 4, 2012
(update: 8:33 am GMT+7)
EUR/USD
(last price: 1.2916)
BUY first, entry = 1.2911, SL = 1.2900, TP = 1.2951
if wrong, then SELL, entry = 1.2900, SL = 1.2940, TP = 1.2860
Enjoy !
Regards,
GainScope
I really appreciated your thought especially drink and come back tomorrow. Well it rather good idea to move step by step. Because on Forex like in casino sometimes it is difficult to stop.
happy trading.