I got 2 nice trades!
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Would you trade this system? New system #2. 10 replies
Disliked{quote} Sorry but there are rules in post #1, if we take a trade at least for the first 15M candle to close, we don't respect the rules and this system become crazy... I try to trade with this system in repect with the rules post #1... if we don't respect the rules of this system, all trades result posted in this thread are absurd, no?Ignored
Disliked{quote} I believe Carneiro said a great number of times that waiting for 5 minutes after the opening is more of a guideline, not a strict rule. From my (humble) experience, I've learned that there are no strict rules in the market and the price does not care much for the timeframe (be it 5M or 15M or H4). The price has its own dynamic and to be successful in the market, one has to "feel" the market. The only way to gain this ability is through practice. Time, patience and practice.Ignored
Disliked{quote} If you read Carnerios ealier posts, he have told several times, those rules are not exact, they are roadmap, what unexperience users of method, people should use those as guide, and later when succesfull, can trade 24 hour per day if want. He is frustrating, answering these same questions zillion times, because he needs to use google translator too, and people are lazy reading thread, before asking. Just ignore those trades before "trading window" from your mind.Ignored
Disliked{quote} I believe Carneiro said a great number of times that waiting for 5 minutes after the opening is more of a guideline, not a strict rule. From my (humble) experience, I've learned that there are no strict rules in the market and the price does not care much for the timeframe (be it 5M or 15M or H4). The price has its own dynamic and to be successful in the market, one has to "feel" the market. The only way to gain this ability is through practice. Time, patience and practice.Ignored
DislikedLondon session: GBPJPY +5 CADJPY +5 Today NY session: there are US news 30 minutes before the NY session, for me I don't take a trade this afternoon as I follow the rules post #1, do you agree? {quote} I have read the Carneiro post and his explanation. But in Forex trading only 5% of traders wins and 95% loose money because they don't respect their own rules. If you want to be a winner in the forex market you must respect all these aspects: Patience Its a virtueEspecially with forex trading. Arnold H. Glasgow, an American humorist, once said, The...Ignored
Disliked@Carneiro You are absolutely right bro. Rules are rules, break them and you will be at the receiving end. Today I broke it once and that trade was loser (was trading an AUD pair in London session and did not keep an eye on Rmup and Rmdn and paid the price for it). Anyways, total 8 trades taken today, 7 wins and 1 loss. The lose was definitely not a big deal as I had more winners but breaking the rule was not good. But this is the reason why we need to practice more and more so that it following rule becomes a habit. CheersIgnored