GBPUSD thoughts

[willoneau]

On MT4 if you dont leave the pc on the auto trailing stop dont work!

I thought that might be it as i have that function too , Yes 7:46pm now we keep voting daylite saving down here

 

[willoneau]

So you go to bed 3xR up and set up the trailing stop. Turn the laptop off and go to bed . trade plummets in the correct direction and reverses all the way back to your stop . you pull out 3x R win when it should have been about 10-11 x Rwin. NOTHappy

I have found that too , not sure how to over come it though?

 

[willoneau]

Closed US500 - 2701.8 ,
0.6 pips profit

 

[willoneau]

On MT4 if you dont leave the pc on the auto trailing stop dont work!

ctrader has auto trail stop you can leave while PC off but it a set pip size

 

[willoneau]

Entry US500 - 2704.4

 

[Triple B]

Yep they are all set pip size I believe . I use 150 points on gold or $1.50 equivalent to 15 pips. I use that size as bounces off insignifcant round nos ie $1204.00 are usually less than $1.50 if move is strong in one direction

 

[willoneau]

Close US500 - 2703.6,
0.8 pips loss

 

[andymac]

same -1pip

 

[willoneau]

Enter US 500 2707.2 ,
this is hard work at moment

 

[Triple B]

LOL Im bored out of my mind . only 3 Trades tonight 1BE 1x 3.5x R win and now in a BE . This is how I like it. Watching you tube vids. Checking the freshly painted pool , posting crap on ASF.Waiting for NY open so I can hopefully move my Stop

 

[Triple B]

Wow been some volatility in the 500 last week or 2

 

[willoneau]

Yes chatting to you guy's helps me while i watch charts.

 

[willoneau]

andy i'm not liking US500 at moment if doesn't stay above 2700

 

[willoneau]

Quick note , i have been making a few cautious trades long back up to 2850, then went short at 2795
looking to see if it breaks Mondays low or bounces at 2750.

 

[Triple B]

Better hang on Will. Could be a bumpy Ride

 

[andymac]

nah me neither,
fckn slo nite

 

[willoneau]

 

[willoneau]

Exit GBD 2783 ,
12.1 pips profit

 

[Triple B]

which way?

 

[willoneau]

Watching US500 if drops below 2692 low expect to take out 2685 and go to at least 2680 and continuation down?
If that happens i don't expect support until 2660