- Search Forex Factory
- 51 Results (3 Threads , 48 Replies )
- rcsltd replied May 21, 2015
Robinho mentioned GBPCAD was 1x8 at 11:09 (UK Time). Even during the start of the pullback you could have got 5 pips: - image
- rcsltd replied May 21, 2015
Hi Erebus Who would not be a fan of those results? Similar question to you as asked to Robhino - which, if any, of Udine's rules are you using for entry? Level 1 - there was no change of Ash Level 2 - there was no change of candle color Level 3 - ...
- rcsltd replied May 21, 2015
Hi Robhino First of all can I say that I am a big fan of yours and, in particular, your results I think the one thing that is confusing people is you do not seem to be using any of Udine's reasons for entry. Level 1 - there was no change of Ash ...
- rcsltd replied May 15, 2015
Has anyone done any experimenting with Yelena's idea of not closing the trade when it hits TP or SL but on the close of the candle that hit +5 or -10? This is from just now.
- rcsltd replied Jan 14, 2015
Shoot me down if I'm wrong but aren't we are after low risk trades. Going short after the HA goes back to red here is low risk (particularly the first one): - image But this isn't: - image
- rcsltd replied Jan 9, 2015
Then don't take the trade. Show me the rule that says "if you can't get in at the first cross of the 00 because of spread then take the trade at the next 00 level".
- rcsltd replied Jan 9, 2015
The first 00 cross after the close of the previous bar is 180.600 instead of 180.650 in which case you would've hit your TP. image
- rcsltd replied Dec 12, 2014
Please accept my apologies. I posted without thinking. Mr Hunt3r has replied off thread.
- rcsltd replied Dec 12, 2014
Fair enough....but neither are 40 pip TPs.
- rcsltd replied Dec 12, 2014
image I get a bit confused over these defnitions. Taking the bat pattern as the example AB = between 38.2% and 50.0% of XA BC = between 38.2% and 88.6% of AB CD = between 161.8% and 261.8% of BC AD = 88.6% of XA Is this right?
- rcsltd replied Nov 28, 2014
Check back a couple of days and you'll see a couple of tries (and failures) to go below 1.568: - image
- rcsltd replied Nov 28, 2014
Udine has given us the strategy to find trades but we must use our experience and knowledge to find reasons not to trade them. If you can find any reason not to take a trade then don't. In your example there was clearly a reason not to take it, as ...
- rcsltd replied Nov 20, 2014
Hi Obviously the current bar will repaint as the price changes but does Ultratrend repaint further back than than just the current bar? Thanks
- rcsltd replied Nov 14, 2014
I wouldn't have called this one "low risk" though. Look at all the support where your TP is: - image And it's quite close to the Daily S1.
- rcsltd replied Nov 14, 2014
And the daily R1 is acting as....resistance! image There are plenty of other opportunities without having to take longs around resistance and shorts around support.
- rcsltd replied Nov 14, 2014
I don't think anyone is arguing but it's been mentioned it before - don't forget the power of compounding. If you consider a big position as 1.0% and a small position of 0.5% then #1: big position in short time On a $1000 balance risking 1.0% on 5 ...
- rcsltd replied Nov 12, 2014
I read the first page of a "Teach Yourself French" book once and, to this day, I still can't speak French. I have no idea why!
- rcsltd replied Nov 12, 2014
Now I'm confused. Is the strategy to open once the price closed above the 5MA or once the price closes "convincingly" above the 5MA? If I was using this strategy, as stated on page 1, I'd have bought here, not on the close of the next bar: - image
- rcsltd replied Nov 12, 2014
On my MT4 the previous bar to the one you opened on closed above the 5MA (close=1.13254, 5MA=1.13252) so that should have been your entry. Easy 5 pips right? You're not following the rules so it's not worth checking your other examples.
- rcsltd replied Nov 7, 2014
Carry on doing 24.13% and you'll be a billionaire in..........you know the score.