Hello guys, G/J hajust formed 2nd point. Set the pending... hope it's correct
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DislikedHello guys, G/J hajust formed 2nd point. Set the pending... hope it's correct {image}Ignored
DislikedOk lets just get realistic here for a minute about expectations for this method, i have been very upfront of what you should be able to expect once you have practiced it, any suggestion that you will get 70% success rate out of a 4/4 R/R system is pie in the sky dreaming, you will get it some weeks but on average no.But then again maybe there are some real smart traders out there RTM ? if so share your wisdom. AS for spreads ,yes this system is very sensitive to large spreads and if you decide to use it ,best if you find a broker that fits . I use...Ignored
Disliked{quote} Hi Rifid Thanks for this creating the thread and sharing your experience. Since you seem to keep a journal and records of your past transactions (very smart practice btw), would you be kind enough to share some specific information of your statistics...or at the least the number of B/E occurrences. Not personal income figures obviously...but rather win/loss versus the break-even and number of transactions where you actively manage the trade and take profits before the 20TP initially established. From what I gather in this thread, this would...Ignored
DislikedIgnoring the one big spike, looks like nice long setup on EUR/USD... Just mentioning... {image}Ignored
Dislikedoh and all those indies on your chart are making me feel all giddy in the headIgnored
Disliked{quote} Hi Spar, i have given your question some consideration since you took some time to compose it, I am a little reluctant to give my results as others individual results may vary some what as it is not purly a mechanical system ,...... .Ignored
Disliked{quote} Hi Rifid Thanks for taking the time to respond. I concur with your view and understand. One last question on this issue if I may ...and if not perceived as intrusive? Of the +/- 75 wins, what % have attained 20pips TP ? The reason I asked is simply to try to determine how much of your straightforward strategy follows the basic rules of 20TP / 5SL versus your discretionary intervention. If say 50% of your wins are between 1 and 19 pips, then a lot of experience is required to handle this strategy and know when to close the position. If most...Ignored