apologies i only read your last message... lolrickpilot601 wrote:thanks Grant, much appreciated. My problem over many year's trading is getting out too soon, so p/l ratio is never good. trying to find a happy medium with AIMS. I find it hard to watch 10/11 pips disappear to BE, as just happened about 30 mins ago, but if I jump out as soon as there is a sign of reversal I kick myself. (trade on EUR 0753GMT today,entry 1.2934, late entry,max available 11, several chances to take 5 to 7 pips after AO changed to dark green. Would you have taken those closes? did have stop at BE so no harm done. Richard
my target would have been the weekly open of Alpari 1.2945 less a couple for spread so 1.2943 which was reached on my platform, however the candle trail under the 0905 candle would have taken me out at 1.2937 (0907) for +7
never kick yourself if you have a reason for getting out and the market makes it look crap... you had a reason to get out and followed your plan....
if this move down had been a trade my target would have been yesterdays lows at 1.2896, leaving at least another 40 pips on the table, but i would have taken my 20 odd pips and said thank you very much.....
hope this helps
Grant
