yes.. I stil am... got in little late though:
Pyramiding is the best way to make big money or kill your account 28 replies
Does buy low sell high apply to prices way back? 8 replies
Bulls make money, Bears make money. And Pigs get slaughtered. 12 replies
Searching for best method for Buy low Sell high 0 replies
I am looking for EA to put Buy Stops, Buy limits, Sell limits, and Sell Stops. I will 0 replies
Dislikedreally profitable. And when a trade is wrong, take the loss and move on to the next profitable trade!Ignored
Disliked{quote} Gbpusd very high now, this is a medium-term selling zone, not everyday we have such kind of opportunity. And i guess all i had to share i've shared already, so i will let the thread continue on its own now (if it ever will continue lol). Take care guys! {image}Ignored
QuoteDislikedAt the end it seems that it had some meaning after all, they always have.
Sure the upmove scared the hell out of me..
Disliked{quote} Hello, in some way you are doing it right, selling above a previous top, but you are doing a few wrong things: 1) Look at the image below, usdjpy is clearly in a strong uptrend, we want to buy low and sell high, however we must do this with some good sense, selling a strong uptrend is very dangerous. 2) Technically, you should have waited at least for the monday high to be reached (that was the first "relevant" high between the friday lows and yesterday lows) before start looking for sell signals. About the point 2), i've just covered this...Ignored
Disliked{quote} Nice thread tunera. I use similar methods but i run less hope than yourself. You can get lean on the fringes when you do what you're doing. You'll avoid having to sit there uncomfortable and scared as hell. As traders we shouldn't be running question marks, we should know exactly what is going on. In the wrong hands this method can eat you alive. A slight lapse in discipline and nasty things happen. Keep at it. RgdsIgnored
DislikedThank you for your time and effort. You are very kind person! Yes I understand the concept, but i have hard times applying (timing?) it. Yes it is easy, but for a forex noob hitting the right entering points and taking right tp, sl..... well... as I looked your last graph with purple rectangles...at that time, my graph at MT4 looks the same. So where am I wrong? I just entered too early. Why? I guess, I didnt think that the price would hit so high, and I used smaller time graph, and also didn't wait for sell signals. Think that's just a skill that...Ignored
Disliked{quote} Yeah holding on a losing trade is very bad for the following reasons: 1) is not good for your mind, it bring you in a state of temporarily constant worry. 2) if the losing trade is kept for long enough, it will bring a temporarily state of depression, that may be more or less severe depending on the floating loss. 3) depression and worry if kept long enough do impact the health of the trader. So, holding a losing trade damage your mind and your body, in some case the depression is so strong that the social life of the trader is highly impacted,...Ignored
QuoteDislikedYes I understand the concept, but i have hard times applying (timing?)
DislikedGreat strategy.... I use almost the same concept by 3 years but in a scalping style.. i use 15-30 min and 1h charts, and it is very profitable.. The main important thing in the system is the very low drawdrown and the very good R:R you can take. Usually i use it using 5-6 pips stop loss earning 15-20 pips. Price always make the same , TREND - RANGE - HUNTING STOP -REVERSING TREND.Ignored
Disliked{quote} Nice! Care to explain how do you transform it into a strategy? My main focus now is how to enter a trade...just enter when price is above/below previous high/low, or wait for confirmation. Thanks in advanceIgnored