the only advise i could give from my newbies perspective is to do a proper analysis before you go with your entry and trust your analysis. if you want to swing, stop using ts. ts will ruin analysis even if your analysis were actually on your favor. you can use use different tf to confirm a reversal then manually exit a position with acceptable confirmation.

SL is a must. as i always say, with proper risk management and money management, SL will not burst account although there might be slight losses. You need to understand and accept the fact that losses are normal in financial trading. What matters most is you are in the gain zone in the overall.

Sound like you want to play swing and earn more pips from your trade... I never set stop loss.  Most ppl will not agree on this. Forex is tough... it will shake up those who are not confident enough in their trade... and the trend resume to your initial direction after awhile. My advise is...be patience.

[attachmentid=5751959]

Sound like you want to play swing and earn more pips from your trade... I never set stop loss.  Most ppl will not agree on this. Forex is tough... it will shake up those who are not confident enough in their trade... and the trend resume to your initial direction after awhile. My advise is...be patience.

[attachmentid=5751959]

from my super noob perspective, create 2 trades position ( separate your lot size) .. if you playing in swing.. which probably u wan to get 100pip.... 1 position u set the TP... another position u set the the TS...

@cmk96 Look like you have your SL at your Capital, good trade
Can teach me how to pyramid/add position to trade?
I still learning that but not easy

@Pinnacle1295 Not sure you have mutiple lots or 1 , with multiple lot you can have different TP , but there must be a TP instead of letting the price run especially when intraday trading , example Normal Daily movement was around 60pips <( i not sure )
so You should have Max60pips of Profit or take half away from that because a reverse was high probability to reverse, else you can wait for a signal or pattern to quit , hope you get it ( it was just a idea, your plan should include much more things to be consider ), yes i was thinking of TAKING ALL OUT before but it was not possible and every professional will tell you that the Market are not going to Zero. not a pro here just my opinion - still demo trading

Trailing Stop was a kind of TP , and you did it with a profit. But seem like not happy with it, maybe it does not suit you. maybe because it cant/never give you the top and bottom price to quit but that was what trailing stop will do.

AUD/USD... WEEKLY CHART

BULLISH BREAKOUT

The uptrend will start and will last for next few weeks. The previous lows @ 0.6900 and the Trendline Support are placed at the same levels. The Risk Reward is much better for a long trade now.
------------------------------
BUY AUD/USD
@ 0.6930 / SL 0.6880 / TP 0.7080 - 0.7180

Enjoy and Good luck

AUDUSD rebound? 

I try to find entry that at least give me profit/loss ratio about 1:1, but higher percentage of win (more than 50% success rate). Need to study the chart a lot.

(1) I use mainly H1 and H4. Use fibo, wait price reach 138% extension, the i wait the previous support resistance break to confirm entry for medium trend reversal.

(2) Are you asking how to calculate the profit or where to take profit? To calculate how much you will profit it is the same as calculate how much you will lose. Ex. 0.01 lot, TP 34pip, usd0.1 *34=usd3.4 profit.

If you're asking where to take profit, i just set it to same amount of pips as i use for stoploss, minus the spread. The exact take profit is hard to pinpoint.

Oh I see. I'm not sure how to word my explanation properly. But my calculation for stop loss is the same for take profit.



I find a pattern as the same in screenshot (H1 audusd). Draw fibo from point A to B (high low), if price reach C (138% fibo ext), i wait H1 close break the Close price near point A (0.6967) entry at that price. SL an TP is amount of pips move from A to B (64pip). TP i always deduct the spread. so SL & TP is 64 pips away from 0.6967.

noob question here
why your price got 5 decimal points ?

why mine is 4 decimal point and for YEN pair is 2 decimal places?
related to lot size?
how about your pip? it's 0.0001 or 0.00001

i prefer USDCAD.

penyabar betul 

is there any of you yang beli forex ebook?

are they legit?

care to share how you decided to enter there?

i dont know where to start there too many n scare kena tipu 

Just use common sense. If you can make money trading forex, then you don't need to waste time selling ebook how to profit from Forex, etc... blablabla? Do you

i was talking about that forex scam rm 200~1k "ebook" 

yalo y censored the obvious haha

any forex related, TA, Finance... anything 
i want to dig deeper