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- PTOURNIS replied Feb 4, 2008
I do not have specific time of day. When the TF match I enter.
"Trade the slope" journal
- PTOURNIS replied Feb 4, 2008
Visual One, Look at Friday's bar for Gbp/Usd. By time all the bar lined up the action had "taken off". I would wait until price action retraces and shows the true trend. This usually happens around large news events like NFP. Pete
"Trade the slope" journal
- PTOURNIS replied Feb 3, 2008
Lenoxer, 1. You are correct regarding my new exit strategy. 2. The discretionary part is if I miss a run on the pair for example NFP Friday. Some pairs just 'take off'. I will enter a position 3. I do not add on. 4. I risk no more than 2% a trade. ...
"Trade the slope" journal
- PTOURNIS replied Feb 1, 2008
Peanutdude, Currently I hold until SL is hit. I am looking into exiting when slope changes color, but usually by the time that happens my SL is hit. Pete
"Trade the slope" journal
- PTOURNIS replied Feb 1, 2008
Peanutdude, Please let me know how that goes. Pete
"Trade the slope" journal
- PTOURNIS replied Jan 31, 2008
Baz, When I entered all lines were the same color---red. Pete
"Trade the slope" journal
- PTOURNIS replied Jan 31, 2008
Looks like the dollar is getting clobbered. I posted a couple of trades on the blog. I also post a new entry on the world economy commentary about the dollar being a new carry trade. Pete
"Trade the slope" journal
- PTOURNIS replied Jan 31, 2008
Chan, I would recommend demo for awhile to get the feel on the settings. Pete
"Trade the slope" journal
- PTOURNIS replied Jan 30, 2008
SL hit on Nzd/Usd +50 Aud/Usd +10 MTD +540 YTD +540
"Trade the slope" journal
- PTOURNIS replied Jan 30, 2008
I posted an entry on another blog. Let me know what you think. world ecomony commentary
"Trade the slope" journal
- PTOURNIS replied Jan 30, 2008
Anybody catch the Usd/Jpy trade? I missed it. Pete
"Trade the slope" journal