This is the AUDUSD.
No Branding - Like A Rat!!
- Thread starter TheRumpledOne
- Start date
This is the AUDUSD.
Care to elaborate?
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FOREX EXIT PLAY BOOK
PLAN "A"
+PIPS
20 WAIT
19 WAIT
18 WAIT
17 WAIT
16 SET STOP: ENTRY + 10
15 WAIT
14 WAIT
13 WAIT
12 WAIT
11 WAIT
10 SET STOP: ENTRY + 5
9 WAIT
8 WAIT
7 WAIT
6 WAIT
5 SET STOP: ENTRY + 3
4 WAIT
3 WAIT
2 WAIT
1 WAIT
0 ENTRY: STOP LOSS ENTRY - 10
USE STOP MARKET
================================================================
FOREX EXIT PLAY BOOK
PLAN "A"
+PIPS
20 WAIT
19 WAIT
18 WAIT
17 WAIT
16 SET STOP: ENTRY + 10
15 WAIT
14 WAIT
13 WAIT
12 WAIT
11 WAIT
10 SET STOP: ENTRY + 5
9 WAIT
8 WAIT
7 WAIT
6 WAIT
5 SET STOP: ENTRY + 3
4 WAIT
3 WAIT
2 WAIT
1 WAIT
0 ENTRY: STOP LOSS ENTRY - 10
USE STOP MARKET
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1) Price within 20 pips of the daily low (ClLo < 20) - that is OPPORTUNITY
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PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
Price 40 pips above current daily low.
The pattern repeats...
Price is 26 pips above the current daily low.
More cheese.
TRO,
Thank You for stating one type of exit strategy.
ES
Thank You for stating one type of exit strategy.
ES
"Now, 2 patterns of market behavior happen on a regular basis:
1) the price breaks to new high's (or low's)
2) the price reverses from new high's (or low's)
They happen regardless of time frame (with the obvious limitations explained above)
They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden
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"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."
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PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.