Quote:
Originally Posted by ElectricSavant
Since we do not know the entry criteria....and you are not going to teach it...which is understoood and not a problem..
Could you consider to please post complete calls as it is very hard for me to mix in my own analysis without understanding the entry criteria...thus a more spoonfed version of your service would be needed.
Like this:
Pair
Direction
Entry price
TP
SL
and not a range of numbers...exact calls.
This would be so much more enjoyable to be able to plot these as horizontal lines as it makes it much easier for me to glance at your calls on my charts throughout the day..
Thank you for your consideration and for posting on Forex-tsd.
ES
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Hi ES,
We haven't decided what we want to do with the strategy. We want to journal it for the month of March and see if we can match our previous results, with the accountability of this forum. If we do match those results we'll make a decision on what to do with it. If it would help, we'll post the trades in that format.
3/4/08
Pair: AUD/JPY
Direction: SELL
Entry Price: 95.71 (you can get a better price now by a few pips)
Stop Loss: 97.40
Take Profit: 93.76 or 195 pips (the 195 is the average range of this pair over the past 5 days)
Keep in mind that market conditions can and do change during the trades. Although this is out target, it could change to higher or lower. I was giving a range of profit so you could manage the trade on your own (if your trading this). It can be difficult to give an exact exit point on longer trades. If market conditions do change and you are up say 110 pips, then that would fall into our range and probably a good place to exit. You can also move your stop loss up as the trade progresses. Just not too close. We try to catch the trend and ride for as many pips as we can get.
Good hunting!
LifeStyle Trading
E & R