enbyus1Is there still an issue with the metals? The position bars are either really lagging or the are not updating. Last bar was at 6 on October 9th.
enbyus1A+ stuff. Thanks.
enbyus1Have to wait and see if Longys or Shortys come into the Market. On EurUsd M30 there’s an Option strike to the up side and on H1 a Strike on downside. Overall way more Shortys in the market and if they keep coming we could see that M30 taken. but idk. With your silver trade If you enter now with stop above the MTS above at $25 and target the Option strike it only offers little better than 1:1.2 however if your target is MTS at near $23 then its a better trade at RR 1:5. Do you subscribe to Blog? if not I highly recommend.
enbyus1Noob myself so take this with a grain of salt. Looks like there is a new MTS that formed above price on H1. We are currently in middle of H4 band. You’re right about DM longies entering. Also, the H4 shows us Shorties are leaving as you can see the red line dip on Total Positions. Cold be valid, but idk.
enbyus1the Green MT stops will still show after they’ve been cleared
enbyus1Also if I’m applying or incorporating the Dollar index into trades should I be looking at correlation between EUR/GBP and GBP/USD? or ignore all and focus only on the pair in front of me. THanks
enbyus1Is there an additional cost to access “Blog” content?
enbyus1If people choose to go the Prop Firm route does that mean they have to upgrade to Corporate or can they stay at an Individual stream?
enbyus1Hello
Could you please check USDCAD M30
SL’s have been moving there way left across the chart for last 16 hours
Thanks
enbyus1Correct me if Im wrong but there would be no Market stability. Wild west so to speak. EUR/USD would be 1.05 Bid; 1.095 offer. No one would be able to trade it and the SM would not be able to take advantage of such conditions. DM tolerance is factored in.
enbyus1I took a short on this earlier from 1.2056 targeting those exact SLs. Now that I see that we reached the lower part of channel and a buy arrow appeared I tightened my stops a lot .
What I guess a great entry long might be after it clears those SLs below especially if for some reason some shorties join the market.
That was a really good entry by you. Congrats. Can I ask how you learned to psychologically handle not closing the position early. I would went nuts seeing 80 pip win suddenly retrace 60 and ranging for a few hours before moving away again. Do you set it and forget? or you do you manage such position?
enbyus1I took a short on this earlier from 1.2056 targeting those exact SLs. Now that I see that we reached the lower part of channel and a buy arrow appeared I tightened my stops a lot .
What I guess a great entry long might be after it clears those SLs below especially if for some reason some shorties join the market.
Looking at how George taught to lay out charts if we see a H4 reversal we may run into resistance, or short term reversals, at key levels marked out. But IDK
enbyus1Full disclosure: I did take the trade in demo to learn how price responds around the first stop target on H1. Also long are entering squeeze on same time frame.
enbyus1Kind of eye opening. I reduced my lot sizing significantly allowing for wider stops. Went 5/7 on trades last week netting 5% on Phase 1 of prop challenge.
enbyus1Good stuff. Thank you. With that said should I be lowering my lot size? From say 1 to .5 or something to not reach max drawdown. Also are you adding size and it goes against you, or it turns in your favor, or just letting the original position play out? All a matter of taste I suppose/
