Cable&Fiber: Intraday Setups

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rod178 said:
He also likes Fibs

I make fun of the guy, but it's actually kind of sad that he's as old as he is, and still knows so little about how the market actually works... :(

PS
I've been using fibs less and less... if that makes you happier. and I'm willing to admit that you were 61.8% right lol :))
 
Actually, it was just a play on words.

Are you really using Fibs less or are you merely playing with my emotions and trying to hit my sweet spot?!
 
rod178 said:
Actually, it was just a play on words.

Are you really using Fibs less or are you merely playing with my emotions and trying to hit my sweet spot?!

Yes, because I'm lazy. I can estimate the retracement with my eyes, and just look left for the OB for more precision. I've always been a fan of making things easier, as long as it doesn't cost any precision.

One more thing:

this is my last post. Bye! 8)
 
the golden gun said:
Yes, because I'm lazy. I can estimate the retracement with my eyes, and just look left for the OB for more precision. I've always been a fan of making things easier, as long as it doesn't cost any precision.

One more thing:

this is my last post. Bye! 8)


OK, good luck
 
Cables opportunity
 

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^ That was a lovely setup :)

On a side note - does anyone use an EA for trade management, I'm looking for one to help with my trading. I want to use Michaels double tap entry premiss, take first profits at 1st target and move stop to break even and leave for second target. Either with two positions, or one position and an EA to close 1/2 and move to BE for target 2.

Anyone use one?
 
Take your Lot Size for the trade, cut it in half, and enter two trades at that level.

Then set separate take profits. ;D

It's a lot easier to deal with. And/or get a Smartphone and adjust the SL when the first TP is hit. That's actually my solution to the problem.

TP1 @ the next Counter Order Block. ;)
 
If you want to be really cheeky, you can also set one entry +2 pips further, since these are limit trades.

In the future, I might be cheeky enough to split Orders into 4-6 parts, with feathered entries over a 5 pip range. There's a way to squeeze out a slightly higher return, per trade, for the same amount of Risk. However, that's something you do down the line. But that's something an EA could be useful for.
 
thanks Sqa, trade sizing for two entries is the easy part :p its the auto BE that would be useful. Scaling in is not something I'm considering but I can see your point.

Side: Do we have a general talking thread for ICT?
 
You can try the Market Maker series thread. Considering the Forexmas Thread will start when ICT starts releasing it, it's a pretty safe thread to ask questions.

We generally don't have a single thread for that. If you have something specific, feel free to toss up a Thread about it. Though most of the time the basics can be answered by pointing to the appropriate video.
 
Kuzia said:
OOooooo at last someone is tired from bragging :)) good man only piper left

You know why i like your posts?
Well really they are funny and i would say again that you are the dumbest shit i saw this month, but its just started..
The stuff you are scribing of the most idiotic and delusional things i ever read. At no point in your rambling and incoherent responses you were close to anything that could ever be considered rational thought. Everyone in this thread now dumber for only have to read your posts. May God have mercy on your soul. 8)

Cheers,
-P
 
michael tried to get away with saying trading was a fun job, haha

iq5u1Du.jpg
 
Cable Long

over 30 pips in 20 minutes!

The premise was an hourly OB.

I took profits quick because of the messy trading between 5650 and 5700...

I dedicate this winning trade to Troy, whose AUDJPY was profitable last time I checked...
 

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Piper said:
You know why i like your posts?
Well really they are funny and i would say again that you are the dumbest shit i saw this month, but its just started..
The stuff you are scribing of the most idiotic and delusional things i ever read. At no point in your rambling and incoherent responses you were close to anything that could ever be considered rational thought. Everyone in this thread now dumber for only have to read your posts. May God have mercy on your soul. 8)

Cheers,
-P

Lol Piper u remind me of that teenager who post selfies on facebook or his dinner on instagram :)) ur complete noob in this world and believe me or not im on another level when it comes to trading. And you know why i say that? because im ICT student and anyone who is studying his material for 3-4years knows that :p

Im in this forum just because of Michael and as soon as 1 January 2015 comes u not gonna see me again here... for you.. you will be here 4years from now on because 1) ur not profitable 2) u have no friends 3) u have nothing better to do lol :)
 
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