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As simple as possible: RENKO M5 trading 75 replies
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Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies
Disliked{quote} Hi There I am unable to download the file, I Think it is corrupted can you please solve this problem?Ignored
DislikedHave you tested the system on futures Udine ? Does it perform good ?Ignored
DislikedWhy a possible long and short set up?? Due to the Daily open line. Price below the Daily open line means the Daily candle = red Price above the daily open line means the daily candle = green for me the moment the price is below the Daily open line, I simply put a pending short order @ 171.600. simply because if since the open of the new 1H candle the price continues to go down, the 1H candle will be RED !! in this case the price did not go down, but went up.. to above the Daily open line..means the Daily candle turned Green = only long trades so...Ignored
Disliked{quote} very well explained i think the problem i see, after backtesting on three daily 'doji' candles, is that during these 'doji' days, the 00 levels act as resistance or support, and do not get breached, and therefore you will have likely number of stopouts. for example, 23/5/2014, 26/5, and 29/5, on these days there were consequetive stop outs at 10 pips each. so if you had taken a trade by the rules , result 10 pips stopout. and if you had taken the next trade after the loss, another 10 pips stopout. so 20 pips loss in one day. and...Ignored
Disliked{quote} very well explained i think the problem i see, after backtesting on three daily 'doji' candles, is that during these 'doji' days, the 00 levels act as resistance or support, and do not get breached, and therefore you will have likely number of stopouts. for example, 23/5/2014, 26/5, and 29/5, on these days there were consequetive stop outs at 10 pips each. so if you had taken a trade by the rules , result 10 pips stopout. and if you had taken the next trade after the loss, another 10 pips stopout. so 20 pips loss in one day. and...Ignored
Dislikedi see there was a loss of 10 pips on the last EJ long trade @139,800 ? did anyone take that.Ignored
Dislikedi see there was a loss of 10 pips on the last EJ long trade @139,800 ? did anyone take that.Ignored
Disliked{quote} Could be but when I get my daily target I normally stop. No need for me to trade all day (not greedy). besides I live of this, so try to limit the time my money is in the market to the minimum.Ignored
Dislikedi see there was a loss of 10 pips on the last EJ long trade @139,800 ? did anyone take that.Ignored