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Post by traderAllen on Jul 9, 2015 23:33:42 GMT -5
This is a video showing my 369 strategy. This is my default/going to strategy but I'm not sure about market volatility. I can often use it to lock in a few pips. This strategy I look to exit on thirds. I exit 1/3 at three, one third at six, and one third at nine. This video is a modified version where I use in advance strategy for my exits instead of using free placed orders. This is good for two reasons once my targets are hit they are trailed instead of a direct exit this often gives me a few extra pips as in this example. Also it indirectly keeps my stops hidden from the brokers and everyone else that has access 4X level II data. I can't tell you how many times I have seen a currency pair move up touch my target order and reverse without getting a fill. This helps to eliminate that so it's going when markets are thinner and more open to manipulation. In this case you can see my first target was filled at three and both my second and third targets were filled at 10.
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Post by Segwin on Jul 10, 2015 14:57:32 GMT -5
Hi Allen,
I'm still trying to wrap my head around that. The price is going up and stopping you out which means you had to short the pair for that to work? I could use some more explanation lol.
Thank you,
Terry
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Post by alessandro on May 6, 2016 22:00:35 GMT -5
Hi, is this meant to be with no audio?
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Post by traderAllen on May 6, 2016 23:32:22 GMT -5
correct it has no talking in it
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