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    • ZeroLag replied Mar 23, 2023

      Bar 1 was my signal bar, so I could have just sold on the close there. Bar 2, the following day, made a new high and was against me all day(had I shorted on the first day). By waiting for the market to go against me I could have secured a much ...

      Flying Dutchman
    • ZeroLag replied Mar 23, 2023

      My thinking is wait, then be aggressive. If I take a smaller percentage of trades, due to more stringent requirements, this allows me to be more aggressive. A cheaper entry allows a better r/r. Well see if I can apply this philosophy to some real ...

      Flying Dutchman
    • ZeroLag replied Mar 23, 2023

      Here is a example, Bar 1 is my signal bar to get long. But I choose to wait. The market moves against my intended direction, posts a bearish bar. I get long there. So instead of getting long at 1.2325, I would be closer to 1.2315. I think you may ...

      Flying Dutchman
    • ZeroLag replied Mar 23, 2023

      Not sure what you mean. Maybe an example. I'm not advocating the use of limits, per se, but using your out SL level as your entry. Say that based on price action, I was considering taking a short on the yen at 131.13, with a ten tick SL. What if I ...

      Flying Dutchman
    • ZeroLag replied Mar 23, 2023

      Somewhere on this site a guy once said, "why don't you place your limit, where you would place your stop". It was a profound statement, which at the time went over my head. Kinda like my mother telling me that "good things come to those who wait". ...

      Flying Dutchman