Hi Sharks
The trade manager model I am working on will have either stop loss ( or Hedge ) set to average price plus trading costs of perhaps 1 pip.
So I am aiming to build baskets using the average price of all trades as a guide to stay in or get out.
The problem I feel is getting the trades opened too close together so when it retraces, we go from being 25 pips up to 5 pips red in only about 30 seconds.
Your Targets are spot on with EURCAD and I am willing to bet they will get hit some time soon / tomorrow / this week.
The Algorithm I believe is just trying to suck more buyers into the market before it takes their stop loss.
- Forums
- Forex
- Trading Target Candles
Trading Target Candles, page-690
-
- There are more pages in this discussion • 1,336 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online