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- sue23 replied Aug 17, 2012
Yes, same here. Looking like a fairly quiet morning. Just one final––promise it's FINAL!––thing to add about martingale. (Actually, that's the wrong phrase because it suggests a doubling up of each position size, which is not what I do). Unless you ...
- sue23 replied Aug 17, 2012
Eeek...sorry, didn't mean to open a can of worms! Sorry if my question has caused a problem - that wasn't my intention at all. I actually agree with you both... I think a Martingale system if used indiscriminately and without understanding the ...
- sue23 replied Aug 17, 2012
Hi C345 - Good to hear you have been working a system similar to this one for a while with success. You mentioned that you don't use martingale style money management, so could you give us an idea how you approach your trades, and your MM in ...
- sue23 replied Aug 15, 2012
Just wanted to add a quick note to remind everyone that's back-testing using the new (and fabulous) indicator, that the results you see relate only to the PAST. There are no guarantees that the market will behave in the same or even a similar way in ...
- sue23 replied Aug 10, 2012
Nice trading DryClean. Only one trade for me today on Cable (short from this morning). It broke out and hit take profit (30 pips) in a few minutes. Closed the terminal and off to enjoy the sunshine. I caught four of the CZs on Cable since Monday and ...
- sue23 replied Aug 3, 2012
Couldn't agree with Larry more. There are huge benefits to focusing on one pair at a time and learning all it's characteristics. When you feel that you know a pair inside out, then think about adding another. I'm only live trading Cable at the ...
- sue23 replied Aug 3, 2012
As a rule I try to stay away from the market on NFP days as I've been caught out with widening spreads in the past. If I decide to trade, I'll wait until the first couple of minutes of madness dies down, then see if price is still in a good position ...
- sue23 replied Aug 1, 2012
Glad I could be of assistance Casey. I thought EU was itching to break out :-) Keep tweaking the settings and find something you are comfortable with. Make your own system and you will have full confidence in it. That's why I love what FxH has given ...
- sue23 replied Aug 1, 2012
GBPUSD trade this morning — Casey - My GBPUSD trade this morning has just hit take profit, so here's an example of a real trade while it's still fresh in my mind: 1. I went long at 1.5689 with 4.3 lots, a SL = 30 pips, TP = 30 pips 2. Stopped ...
- sue23 replied Aug 1, 2012
Hi Casey, I work a small increase into each subsequent trade and also change the SL and TP so that when take profit is hit it covers the earlier loss/es and gives me a profit (or breaks even if there have been a lot of reversals). I wish I had ...
- sue23 replied Jul 31, 2012
Hi Casey - I do increase my position size if I need to reverse the trade, but I do what I call my 'gentle martingale': I don't double up, but maybe add 25% or so, but then tighten the stop and widen the take profit to effectively create double the ...
- sue23 replied Jul 31, 2012
Thanks for the update on the indicator. It looks very interesting. Nice trading on GBPUSD today. I had a small running loss from yesterday's CZ long trade, then I reversed short from this morning's CZ and took about 40 pips. The set of trades giving ...
- sue23 replied Jul 26, 2012
Let it go Larry...tomorrow is another day...and one that is bound to range...maybe switch systems for a day? ;-) Sue
- sue23 replied Jul 26, 2012
LOTS of hints today! — Hello Bogo - You can never know with trading, but the market does give a lot of clues, and you need to listen to them to help you plan your trade. For instance, the GBPUSD trade this morning: The price was consolidating ...
- sue23 replied Jul 26, 2012
So...... — .......looks like the Pound is up! ;-) (by the way, I only caught 50 pips of this (closed at yesterday's high). Shame they don't run like this every day eh? [edit: most likely these comments caused the volatility: ...
- sue23 replied Jul 26, 2012
Thanks for the information. I've been in touch with GFTUK and they seem to match my needs really well. FYI: they claim their maximum spread during the first two weeks of July for GBPUSD was 2 pips and averaged around 1.2. Sue
- Broker with low GBPUSD 'news' spreads
Hello - I'm looking for a broker who offers sensible spreads for GBPUSD during 'red' news events. ...
- sue23 replied Jul 3, 2012
I agree - there seems to be a lot of off-topic posting going on lately. If you're new to this system, I suggest you simply focus on the first post and get used to drawing the boxes by hand. Ignore all this noise until you are absolutely sure of the ...
- sue23 replied Jul 3, 2012
That looks very interesting, but rather off-topic for this thread. Have you read through the thread from the beginning? If not, it's worth investing the time. Sue
- sue23 replied Jul 3, 2012
Which pair is that? One of the exotics?...looks horrible to trade! Sue