Disliked{quote} Depending on the close of the engulfing candle or my entry, the 100% can be BE ;-)Ignored
H4 Mobile Trading Simple Strategy 111 replies
Best Mobile for MT4 mobile platform? 14 replies
MT4 mobile can use to mobile phone with OS android, or iphone or blackberry? 5 replies
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DislikedHello, I am new and very interested in the strategy. But i have some questions. 1 Where can i get the fibonacci that gives the exact price levels for SL and TP etc. 2 I have been reading for a few months now on FF and what the most common thing is to learn price action. Where and how can i learn the best price action? I hope to get some answers. Thank you all for helping the strategy and for acknowleding my questions. Kind regardsIgnored
Dislikedusdjpy,audjpy, cadjpy,nzdjpy these all pairs have a valid setup but i am not having confidence bcoz same setup yesterday gbpaud hit SLIgnored
Disliked@hzs10 How do you think about this? Example trade. Maybe on bearish engulfing, we only draw fibo at High to the closed candle, not High to the Low as usual you did it. In CADJPY case on pictured below, this trade will not hit SL but endup with BE. If we draw fibo from High to the Low as usual, the price never reach 150%, so we never set trade to BE, and endup hit SL. {image}Ignored
DislikedSometimes, especially on news event no system can work properly. So we have to pay attention on news events.Ignored
Disliked@hzs10 What do you think about this? Setting the target not on 200% but at 100% range of engulfing candle, like entry style-1. And still used 150% to move BE. {image} {image}Ignored
DislikedIm curious about adding 30 EMA can really filtering bad trade? What about 50 EMA or 20 EMA? Im worried about risk of ruin that applied to this system. https://2ndskiesforex.com/trading-st...u-should-know/ Im sorry hzs10, i dont want to confusing others, maybe i can get some answer. Since you talk about win and loss ratio, so we must concerned about risk of ruin.Ignored
Disliked{quote} @hzs10 What your opinion about this? Base on this result of 9 trade is 5 loss, 4 win, so its 44% win rate. Let said we are using 2% risk per trade, with 44% win rate, and aiming 1:1 per trade, according to the table at that website, we are facing risk of ruin at 100% rate. So we need rise TP to 300% not 200% to avoid risk of ruin. https://2ndskiesforex.com/trading-st...u-should-know/Ignored
DislikedHello, I am new and very interested in the strategy. But i have some questions. 1 Where can i get the fibonacci that gives the exact price levels for SL and TP etc. 2 I have been reading for a few months now on FF and what the most common thing is to learn price action. Where and how can i learn the best price action? I hope to get some answers. Thank you all for helping the strategy and for acknowleding my questions. Kind regardsIgnored
DislikedSad to say that. I have made a lot of tests of this "strategy" (manual with a trading simulator with the past news support) and I made an EA for autotrading. I test one dozen of pairs and in the medium and long term (last 3 years) we loose money. Does'nt matter if you filter trades with a moving average 30, 35, 40, 50 etc. etc. and move or not to BE your order, the results are the same. Maybe you will get better results if you make your own additional analisi before to take a trade (fundamentals, S/R, trend lines, volumes etc...). I don't want to...Ignored
DislikedSad to say that. I have made a lot of tests of this "strategy" (manual with a trading simulator with the past news support) and I made an EA for autotrading. I test one dozen of pairs and in the medium and long term (last 3 years) we loose money. Does'nt matter if you filter trades with a moving average 30, 35, 40, 50 etc. etc. and move or not to BE your order, the results are the same. Maybe you will get better results if you make your own additional analisi before to take a trade (fundamentals, S/R, trend lines, volumes etc...). I don't want to...Ignored