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Minotawr replied Apr 1, 2020Nice to hear, buddy ! I am glad to help. Feel free to contribute. Yes, there was a nice opportunity on the next red candle.
Magic 100
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Minotawr replied Apr 1, 2020Nice one, my friend! Keep up the good work here

I appreciate what you do, since i am not good on explanations.Magic 100
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Minotawr replied Mar 31, 2020Well said, mate. Agree with you on all points. Most important is to find pairs with current strong overall trend and trade it in the direction. I think most beginners struggle on that.
Magic 100
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Minotawr replied Mar 31, 2020Sorry Iddd, i have to agreed with Forestralia. He's right. Maybe there will be a few live trades to explain it properly.
Magic 100
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Minotawr replied Mar 31, 2020Thank you buddy,
this is a perfect explanation of the system
I am glad you find it usefull
This aspect is essential for the strategy. You have to move the pending orders, to take better entries.Magic 100
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Minotawr replied Mar 30, 2020Hi Ingo, well, technically yes. But i wouldn`t trade this one at all. Because not a clear trend, this wasn`t a retracement but just choppy behavior.
Take care...Magic 100
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Minotawr replied Mar 30, 2020Hi Sick, i dont understand your question. In an uptrend you place a pending buy order above the red candle. In a downtrend you place a pending sell order under the green candle.
Magic 100
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Minotawr replied Mar 30, 2020Hi Iddd, i trade the Frakfurt and London session. 1 trade per day for every pair. Mostly the major pairs. Sometimes i see a good trend and setup on a daily TF, so i place trades on daily also. Thanks for your questions
Magic 100
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Minotawr replied Mar 30, 2020For a better example! The situation on this pair on Daily TF was very clear for the system. I also wrote in the first post: "Time Frame H1 , but it works also in the higher timeframes as well!" Stay safe
Magic 100
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Minotawr replied Mar 30, 2020This is how the Trade 5 (sellstop order) should looked like... image
Magic 100
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Minotawr replied Mar 30, 2020Hi Sam, you never know whats the last retracement candle is
Unless you can forseen the future. In the Uptrend you move your buystop lower and lower, until the buy order is activated and hopefully the uptrend is continue...Magic 100
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Minotawr replied Mar 30, 2020Good question my friend. You set an buystop order above the first candle. If the second red candle appear and your buy stop order is not activated, you move your buy stop lower, above the second bar. If the buystop order not trigerred again, since ...
Magic 100