Hi all!
I think a signal will be occur in eurusd soon!
be carefull

hey Meiakre - I understand - the cat is Nina!
mibl

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yes, could be next (short) five minutes. but be careful because of the two trendlines (in the chart) and the long move before this.

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__________________
Never trade with money which you need to make a living *** I trade with my money based on my decisions *** Please decide for yourself.

of course
you are right!

mibl,

could you please explain your entry ( did you make entry at breakout of trendlines or at catfx50 entry?) and exits today in euro? and how did you move your sl , thanks

but i sell 1 lot of course risky

wish you the best! i will not.

__________________
Never trade with money which you need to make a living *** I trade with my money based on my decisions *** Please decide for yourself.

Hi cami,

entry was because of CatFX signal - but later, because of I was not at the computer and the price range was ok yet. First the trendline (downwards) was not at this place - I redraw her later.

The facts:

bought @15(12) (FXCM has 3 pips spread on EURUSD) later inside candle 8:30 am (cet) because of signal was at 8:00 am, initial stop was 1,1887 (under last low)

sell 1. >R1:@28(31) - stop on entry
sell 2. <R2:@42(45) - stop slightly under R1
sell 3. <R3:@65(68) - luckily - high was 3 pips higher
closed 4. by trailing stop @40

But that is only one strategy, which do not work in every case.
Current problems I see when the volatility is small like in the last days and you must place your initial stop in a to wide range f.e. the 34 pips from Nina (because of as mentioned before - these 34 pips you pay in a loss for the whole 4 parts) For this trade I was able to place a stop at another level.

mibl

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Never trade with money which you need to make a living *** I trade with my money based on my decisions *** Please decide for yourself.

thanks a lot mibl, very clear and helpful

Are you still in, made some tiny pips or stopped out yet?
Perhaps this is only a small consolidation... -

__________________
Never trade with money which you need to make a living *** I trade with my money based on my decisions *** Please decide for yourself.