A mix of both, just depends on how I feel about what price has done leading up to. But I would say 80% are alerts. I like seeing what price is doing before I enter.
Sometimes I have alerts set close to the price and if it was a pending order it would bring me into the trade and then the candle actually close below where I wanted to be that makes me fill good about entering(if that makes sense).
Thanks, sure it makes sense
Just gathering different points of view. For some time now, I am thinking about semi automated robot. It would take manually selected SR levels/area and automatically look for basic patterns in given tolerance around these levels, open positions and manage these (BE, SL, partial TP etc.).
Sounds like a cool robot, can it also cut the grass and wash my truck lol.
I have thought about an EA before but just scary to think I have that managing my trades. Even though thatās what the big boys use. Just have to see one I guess.
I would try and trade other things apart from forex, just that I donāt know if the same approach you guys use for currency pairs thatās what you also use for your forex trade
today there was no much volatility in the FX Market, just consolidation any where i turn and like you guys said i rather have no trades than let them get trapped in a consolidation stage
Another one I have entered this evening. Iām also going to try and describe on the chart why I entered the trade in that area. That way we all can see my flawed logic lol.