Ichimoku_Trader
Short

PLEASE DO NOT MISS THIS ONE...

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
4669 121 95
...
Comment:
How I Trend Trade (8)
Comment: These are my signal levels
Comment: It is always best to enter after a signal
Comment: If we close above CL, the trade is no longer valid. I think we will not though .. so let's wait and see
Comment: The current candle MIGHT be our signal candle..
No rush .. let's wait for it to close before we dicide
Comment: Guys ...
We actually have a similar trade on H1 for our project 1001 pips. So fxprotrader posted an earlier entry than mine if you would like to take the trade as per the trading plan there

here it is. Open the chart and find the entry in the comments

Project 1001 Pips - NZDUSD Pending Sell Setup
Trade closed: stop reached: This trade is no longer valid with my setup due to passing the CL
Comment: Please follow this trade on Fxprotrader's setup
It is still active
Fxprotraders active?
Reply
Ichimoku_Trader chhabrakaran37
I think so
Reply
Man, your setups are amazing but your humility and altruism takes you apart. Very rare qualities in a trader. Thanks for recommend FXPro setup and thaks for sharing your expertise with us.
Reply
I really don't know what to say...
Thank you
Reply
hmmm should i try and get back in I wonder?
Reply
why did you get out?
Reply
rist Ichimoku_Trader
it went above the previous high? did I goof? the 4hour red signal candle put my stop right above there
Reply
ok
So you went in with a candle signal and you had your stop above it
The right thing to do is to respect your stop .. ALWAYS
Now, if you still have conviction in the trade, you look for another level 1 sell signal as long as we do not pass CL
Reply
rist Ichimoku_Trader
thank you , just wanted to make sure I was following the right direction =)
Reply
The problem would have been to stay in the trade even though you had a stop
But you did the right thing.
Reply
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