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Olarion1975 replied Aug 12, 2020No crossover needed for a long-term trade. Both were in oversold area, so it is a valid entry.
TUX Trading System (TTS)
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Olarion1975 replied Aug 11, 2020Everything manually. I usually trade from Frankfurt Open to London Close on H1, when price is not moving much I switch to M15.
Magic 100
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Olarion1975 replied Aug 11, 2020Let's hope Minotawr will get well again quickly. Just a little motivation for you guys:
Magic 100
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Olarion1975 replied Aug 11, 2020The trend on the timeframe you entered the trade. For me H1 or M15.
Magic 100
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Olarion1975 replied Aug 10, 2020If price moves "normal", I do not touch my SL until r/r of 1:1 where I set SL to BE. If the price goes in your favor I usually trail my SL behind the last swings on M5 / M15.
Magic 100
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Olarion1975 replied Aug 7, 2020No, he didn't. It's a buy ending in a loss (-1R). I would have not entered there because of the many candles with wicks before, signalling the uptrend comes to an end.
Magic 100
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Olarion1975 replied Aug 6, 2020I am trading this method on my live account for 8 days now, it is awesome. Most of the trades are on H1, if liquidity is low I switch to M15. I try to stick to a risk/reward ratio of 1:2/1:3 on H1 and 1:2 on M15 and I might exit the trade or close ...
Magic 100
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Olarion1975 replied Jul 30, 2020I would only move my buy stop above candle 3 (inside bar) if candle 2 is very large. So this way you can tighten up your stop. If candle 2 is relatively small, just leave the buy stop above it. There is no right or wrong answer, it all comes down to ...
Magic 100
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Olarion1975 replied Jun 17, 2020Nice divergence, but no confluence with RN.
How Wags Trades - TAS System
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Olarion1975 replied Jun 17, 2020On my charts, the divergence looks the other way round...so I entered the trade.
How Wags Trades - TAS System
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Olarion1975 replied Jun 17, 2020Ok, thank you for the explanation. But you told before you look at 200ema and 200sma differently...could you explain this a little more?
How Wags Trades - TAS System
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Olarion1975 replied Jun 17, 2020Wags, could you explain how you use the 200ema and 200sma? Do you always use limit orders?
How Wags Trades - TAS System
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Olarion1975 replied Apr 21, 2020Don't move your stop to BE - let it run to SL or at least to 2:1 where you can close a part of your position. You will be more profitable in the long run.
Magic 100
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Olarion1975 replied Apr 21, 2020Laura, congrats to your thread. Question: Do you consider the angle of the 200sma?
Roadmap - A Way To Read Markets
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Olarion1975 replied Apr 16, 2020Great trade! How much do you risk per trade? Do you ever move your stop to BE?
Magic 100
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Olarion1975 replied Apr 14, 2020Your recent EURAUD trade shows not a clear trend and not a clear retracement
url Magic 100
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Olarion1975 replied Apr 1, 2020Forget it, I think it's because I switched EAs and had some pending orders already set.
Simple Monday-Tuesday System (attached calculator)