How you use the stochastics? ... the alwas seem to be on overboght or oversold areas when the tdi crosses.
- Post# 10,422
- Quote
- Feb 24, 2013 9:08am
From comments and questions on this thread it is clear that some of you are either not Back Testing or not compiling Statistical Information from your Back Testing. Every time you back test you should record the information, WHY? because the market dynamics change constantly and your back test results will differ now from what you had 3 months ago. If you are not sure how big a stop loss you should have, your back test should tell you, is your trailing strategy not working, your back test should tell you why not. You should build a data base similar...
One question i have , this back testing is applied to which pair ?? and also is these are your executed trades fully following this system ? ( if my question seems silly then don't mind , i am new to this thread
)
- Post# 10,423
- Quote
- Feb 24, 2013 12:08pm
Really inspiring , now i am more motivated to follow this SSS system. It is really really best one i have ever seen.
One question i have , this back testing is applied to which pair ?? and also is these are your executed trades fully following this system ? ( if my question seems silly then don't mind , i am new to this thread
1. EURUSD
2. Yes, and not entirely. we develope our own approach based on our level of experience and knowledge.
- Post# 10,425
- Quote
- Feb 25, 2013 5:55am
Hi room,
My 3rd trade, 2 entry.
1. EU - longing. Entry based on Hr4 as what BigE method is. My Entry abit late. But since both TF showing sign, I jump both.
2. UJ - Shorting. Entry time together with EU. abit late.
And this time, I'm no greedy setting TP to 30pips + spreads for both pairs.
EU exit with +30pips excluding spread.
UJ still running.
My 3rd trade, 2 entry.
1. EU - longing. Entry based on Hr4 as what BigE method is. My Entry abit late. But since both TF showing sign, I jump both.
2. UJ - Shorting. Entry time together with EU. abit late.
And this time, I'm no greedy setting TP to 30pips + spreads for both pairs.
EU exit with +30pips excluding spread.
UJ still running.
Attached Images (click to enlarge)
Banker please return my pipins. :hug:
- Post# 10,426
- Quote
- Feb 25, 2013 6:56am
Money is not the everything.... But, without money is NOTHING...
- Post# 10,427
- Quote
- Feb 25, 2013 8:02am
3rd Trade.
Updates on UJ Result. SL BE+spread hits. Trade Out
Result 0.
Always better than negative. Guess, it's human behaviour. Result +30pips.
Updates on UJ Result. SL BE+spread hits. Trade Out
Result 0.
Always better than negative. Guess, it's human behaviour. Result +30pips.
Banker please return my pipins. :hug:
- Post# 10,430
- Quote
- Feb 25, 2013 9:01am
Newbie made two trades on microaccount
By the way, I place orders on different platform, and try to set them on demo MT4 aswell so that I can share them here. Did not make a GU trade on demo though, so just a poor visualizaion of the trade can be found below.
EURJPY 1Hr
Thought it will work...
Triple topw ith TDI cross. Price was penetrating fib of the major move down just to reverse. Next time ill wait for div and will not play with EMA200. Can you indicate any other matters that should be taken into account here?
GBPUSD H1
TDI was far from being good, yet, I found this price pattern really reliabel. Double high with friday's low. Gap closed, price can continue downtrend. The best I can do for now is 1:1 risk-reward, took profits just above round number.
Cheers!
M.
By the way, I place orders on different platform, and try to set them on demo MT4 aswell so that I can share them here. Did not make a GU trade on demo though, so just a poor visualizaion of the trade can be found below.
EURJPY 1Hr
Thought it will work...
Triple topw ith TDI cross. Price was penetrating fib of the major move down just to reverse. Next time ill wait for div and will not play with EMA200. Can you indicate any other matters that should be taken into account here?
GBPUSD H1
TDI was far from being good, yet, I found this price pattern really reliabel. Double high with friday's low. Gap closed, price can continue downtrend. The best I can do for now is 1:1 risk-reward, took profits just above round number.
Cheers!
M.
Remember I'm a newbie!
- Post# 10,438
- Quote
- Feb 25, 2013 10:36am
But your charts are very different from his template. For example , in your charts the candles are standard ( normally used candle chart ) and also there is no TDI.
Would you explain how you are using it ?
Attached Image (click to enlarge)
- Post# 10,439
- Quote
- Feb 25, 2013 2:42pm | Edited at 5:03pm – 3rd trade entered
Attached Images (click to enlarge)
- Post# 10,440
- Quote
- Feb 25, 2013 3:53pm
EJ H1 today......a really nice trade based on price action, TDI and helped by news.....I have the M15 and the H1 charts open on my computer when trading....I was watching price test the high of the London session and the high of the channel pointed out by Dee in post 10,408....price tested 3 times on the M15 chart, so when I got a good signal to enter short, I did so on a break of the low of the previous 2 M15 candles with a 50 pip SL and a 100 pip TP. The TDI had already crossed on the M15 and was about to cross on the H1....price fell like a...
| Thread Tools | Search this Thread |
| |