Hi Immy,
100% correct.. Will use a max of 30 - 50 pips for 1Hr charts.
Stefan's Journal
-
bowfets
- Free Member
- Posts: 9
- Joined: 06 Aug 2018, 04:08
- 7
Re: Stefan's Journal
Trade #: B1 – T5
Date/Time: 15/10/2018
Pair/TF: USDJPY H1
Signal Type: S1 SHORT
Entry: Decent setup this one, plenty of sideways movement, AO close ZL, tight box of 30 pips, purple close H4 AIMS close so I placed my entry just the other side for a risk of 37 pips. Would have preferred price action closer to box breakout with 25 pip move to trigger entry but PO placed and now wait and see!
Exit: Trade started well with 6 bars down post Setup 1 before reversing short of target and reaching to Stop Loss.
DS For this Trade: 1
DS Running Total: 4/5 (80%)
Outcome: -1R
Date/Time: 15/10/2018
Pair/TF: USDJPY H1
Signal Type: S1 SHORT
Entry: Decent setup this one, plenty of sideways movement, AO close ZL, tight box of 30 pips, purple close H4 AIMS close so I placed my entry just the other side for a risk of 37 pips. Would have preferred price action closer to box breakout with 25 pip move to trigger entry but PO placed and now wait and see!
Exit: Trade started well with 6 bars down post Setup 1 before reversing short of target and reaching to Stop Loss.
DS For this Trade: 1
DS Running Total: 4/5 (80%)
Outcome: -1R
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