Hi Notebooktrader. I have a question according your breakout trade. Where would you placing your buy/sell order? Are you entering when the price is breaking through the high/low or are you waiting until the 1h bar is closing outside the high/low as a confirmation? Thanx for your help.
Schöne Art des Tradings. Gefällt mir schon jetzt gut.
Fragen zu diesem Trade: 1. Stop's jeweils die andere Linie der Range? 2. Und dann wieder 1:1 ratio? 3. Nutzt Du auch Trailingstops oder bleibt der InitialStop stehen bis das Ziel erreicht ist?
I'm a professional financial trader, living in Ösiland-Germany-Switzerland-London and working for hedgefunds in Switzerland and Germany. This is a blog about my private trades.
More information on the initial posting
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Hi Notebooktrader. I have a question according your breakout trade. Where would you placing your buy/sell order? Are you entering when the price is breaking through the high/low or are you waiting until the 1h bar is closing outside the high/low as a confirmation? Thanx for your help.
hi phil
you see 2 lines on the eur/usd chart. these are my entry points.
i dont wait for the close of the bar. as soon as the price hit my lines, I'm in.
happy lunchtime.
Hallo Notebooktrader!
Schöne Art des Tradings. Gefällt mir schon jetzt gut.
Fragen zu diesem Trade:
1. Stop's jeweils die andere Linie der Range?
2. Und dann wieder 1:1 ratio?
3. Nutzt Du auch Trailingstops oder bleibt der InitialStop stehen bis das Ziel erreicht ist?
Danke.
dear pipfisher
yes stop is on the other side.
and yes 1:1 ratio
the concept of trailing stopp I tried to explain in:
potential eur/usd posting
http://www.blogger.com/comment.g?blogID=4018698633596404043&postID=3961786990476138656
False breakout in Richtung Norden. Hast Du Du trotzdem das breakout in Richtung Süden getradet?
no I havn't :(
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