Cagliostro wrote: Tue Dec 10, 2024 7:49 pm Good morning.

Not the best entry on DAX, as I did not wait for LO this time and got the liquidity sweep on my face. So a little bumpy ride so far
When this happens, ensure you have the SL very clear in your mind, in this case I have the circled star, as in 99% of the trades.
Never change your SL, if it does not work, get the loss and move on.


image_2024-12-10_094632374.png

Abzak wrote: Tue Dec 10, 2024 8:09 pm Thank you Cagliostro for the tip. Can you please share your current template? I like how you positioned the kingfisher indi. Thanks again.

Cagliostro wrote: Tue Dec 10, 2024 7:49 pm Good morning.

Not the best entry on DAX, as I did not wait for LO this time and got the liquidity sweep on my face. So a little bumpy ride so far
When this happens, ensure you have the SL very clear in your mind, in this case I have the circled star, as in 99% of the trades.
Never change your SL, if it does not work, get the loss and move on.


image_2024-12-10_094632374.png

Cagliostro wrote: Tue Dec 10, 2024 10:29 pm Still in the game, double down

Do you use multiple entries comfortably?

This is what I do for risk management. I divide my risk for the trade into 3 parts:

1) 30% I enter always with this
2) 50% when the trade setup is confirmed good I add 50% on the second entry
3) 20% for my third entry

4) extra: as I use trailing, in case there is a 4th or 5th trade I add 10% extra for each. In any case never more than 5 entries.

For some reason the kingfisher indi isnt appearing on both templates. I added it manually and changed the colors. Are you using the default settings for it?
image_2024-12-10_122558199.png

Abzak wrote: Wed Dec 11, 2024 12:32 am

Sliq wrote: Wed Dec 11, 2024 3:38 am UJ +60 pips
My timeframe: 30min and 4HR as HTF
Can't trade LTF as it too fast for me.