I don't know how I missed your first post. I will elaborate on this tomorrow as I am outside now.

High Reward to Risk Trading

Which trend ?

High Reward to Risk Trading

Sounds good, I might give it a try. Thanks.

High Reward to Risk Trading

Did you notice that all lost gold trades went into profit before getting stopped . Maybe moving to BE after 1:1 RR would be a good idea, as suggested earlier by Don96 here. I will leave the current trade open @ BE and see where it lands.

High Reward to Risk Trading

That would be a one-million dollar question ! I didn't notice any standard behavior, still studying. But it happens a lot that when an opposite LVC appears would be a good time to take the trade.

High Reward to Risk Trading

Be patient on your profits my friend. It will pay in the long run. And please post the trades earlier if you can.

High Reward to Risk Trading

Closed 2nd half of GU trade @ 60 pips. (6x1 RR), while 2nd short target LVC got closed. image

High Reward to Risk Trading

Are we there yet ? image

High Reward to Risk Trading

Was so tempted that I even added to a winner. Smashed by an Overwhelming bear power of 218 pps on gold. Me being played with like a small fish here. Daily loss on gold up to 3%. image

High Reward to Risk Trading

Yes. Default Settings. But LVCs will vary depending on Broker, as they are tick volume related. I have the same as yours on ActivTrades account.

High Reward to Risk Trading

Tempting ... image

High Reward to Risk Trading

Stopped on gold for the 3rd time. No more trades on gold for now. Total Loss on Gold trades was 2%.

High Reward to Risk Trading

Previous Day was bullish, Gold is at Demand Zone on the Hourly Chart. It could break though but small stop will not hurt us. Remember we are throwing back small fishes for the Big one. image

High Reward to Risk Trading

Second Gold trade stopped out. image

High Reward to Risk Trading

We are you guys If this thread will turn into a journal, I will close it.

High Reward to Risk Trading

GU trade: First short LVC got closed. image

High Reward to Risk Trading

Volatility increasing on Gold. Might Go Long. Bought Gold @ 1274.65 Stop @ 1273.40. Gold trade stopped out. image Second trade on Gold image

High Reward to Risk Trading

Now we leave GU trade alone, and move to another pair.

High Reward to Risk Trading

GU Short Trade justification image

High Reward to Risk Trading

Sold [email protected], Stop : 1.4467 image SO after reaching 1:1 RR, First small fish thrown back to the sea image Second try : Sold [email protected], stop 1.4480 now at 1:1 RR image CLosed 1/2 position of 2nd trade @ 2:1 covering Trade 1 loss. Moved Stop ...

High Reward to Risk Trading