Dislikedmore on AUD/USD.....early formation of m30/m5/m1. SL should be about -9 pips or so. 1st PT = +20.
b/e point should be 1.0628Ignored
moved SL to entry point of 1.0643 from 1.0652
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Dislikedmore on AUD/USD.....early formation of m30/m5/m1. SL should be about -9 pips or so. 1st PT = +20.
b/e point should be 1.0628Ignored
Dislikedthat was fast. B/E point of 1.0628 hit.
moved SL to entry point of 1.0643 from 1.0652Ignored
Disliked1st PT hit at 1.0623 for r/r of 1:2. RISKED -9PIPS to make +20 pips.
THE 2ND HALF? KEEPING IT TILL THE ADR of 1.0580 get hit = +64 pips. or i got out at +1.Ignored
Dislikedhi jim
it will be ease to understand if you can post charts.
would you start a new thread and share the trading method?Ignored
Dislikedmore on AUD/USD.....early formation of m30/m5/m1. SL should be about -9 pips or so. 1st PT = +20.
b/e point should be 1.0628Ignored
DislikedThis system works ok in trending conditions. When range comes it will hurt.
I do not trust anyone who sells systems or webinars.
No one of them showed their real trading and how they are doing.
I traded this system in from October 2010 to the end of February 2011.
In January/ February when market was ranging I lost all earnings form previous 5 months.
Those were really bad results. The worst I had had.
Since then I stopped listening to anyone and continued doing my own stuff and made 50+% since March and doing consistently well with day trading....Ignored
DislikedIgnored
DislikedThis system works ok in trending conditions. When range comes it will hurt.
I do not trust anyone who sells systems or webinars.
No one of them showed their real trading and how they are doing.
I traded this system in from October 2010 to the end of February 2011.
In January/ February when market was ranging I lost all earnings form previous 5 months.
Those were really bad results. The worst I had had.
Since then I stopped listening to anyone and continued doing my own stuff and made 50+% since March and doing consistently well with day trading....Ignored
DislikedThis system works ok in trending conditions. When range comes it will hurt.
I do not trust anyone who sells systems or webinars.
No one of them showed their real trading and how they are doing.
I traded this system in from October 2010 to the end of February 2011.
In January/ February when market was ranging I lost all earnings form previous 5 months.
Those were really bad results. The worst I had had.
Since then I stopped listening to anyone and continued doing my own stuff and made 50+% since March and doing consistently well with...Ignored
DislikedSorry to Hear about your experience..but you also turned it round..which is the MOst Important thing..BECAUSE it is YOUR own method..
But beaware..
HECTOR NO longer uses the 3SMA...
He usses PA,Support and Ressistance., TL. FIBO levels..and Visual LOOK at the TREND or if MARKETS are in RANGE..
You can always ask him directly..if you wish
bazIgnored
DislikedI personally dont give a rat arse what HECTOR does now. I know that his 3sma works for me. I have tested it a bazllion times. You just have to trade enough pairs and have the patient to wait for the right setups. Sometimes, you dont have any setups. right now the chf, jpy, nzd, aud, ARE what is working....soon enough, they will stop. we wait, we move to others. THat is fine with me.
Let me put it this way: if hector comes out and say his 3sma is bullshit and fake; i wont beleive him. why? i can make up my own mind about it. I see something that...Ignored
DislikedI had a very good week, this is an amazing system. I am flat at this time, I closed all open trades before NFP. I was really spooked with the Pres. speaking at a 11am and with the stock market drop yesterday. I will be on vacation next week and so will not likely be trading.
I do hope some about some of my old emails questions.
1. The ADR/ATR - I really would like to know if it is working in the New York Time Frame for anyone.
2. 1 min Time frame: The 30 min, 5min 1 min guy more details.
3. Targets: I am using the...Ignored
DislikedYes DDD..you said it " if something Works FOR YOU "..than you pursue it..BUT my point was that HECTOR has moved on from using MAs...NOT that it wont Work...
its ALL down to you ...How you go about Trading...a Learning process..
Sorry if i upset you...it was not the purpose of my post..
take care..and may you remain profitable Using the 3 sma as your Edge..
bazIgnored
DislikedNone taken, i dont mean to come across as being upset, it is just that i am little tired of reading "this works, this doesnt work" argument on FF. It is ad nauseum.
ema crossover works, no it doesnt; indicator works, no it doesnt, this and that. fundamental works and technicals doesnt, no it is the opposite. I am just a bit tired of them, that is all. I didnt mean to come across as being upset. Even though JACKO has been exposed as a fraud, there are people still profitably using his system. it ALL boils down to the individual and whatever...Ignored
DislikedI agree DDD..
i also know of a WEEKLY TF trader ..and applies 2 SMA...
he is not concerned abour PA BARS...ANY NEWS..or any one elses VIEW..or such..
He checks his charts at End of week. period..
also he is in TRADES for WEEKS as well...
alll he is concerned is that HIS WINS far outnumber the LOSSES..and achieves a BIG R:R...he achieves this easily
BUT weekly TF is not my cup of TEA..also he is a big FAN of RICHARD DONACHIAN..
ok this will be my last postIgnored