StopLoss is for none belivers... Trust the Gurus..
The ATM Machine 9 replies
My ATM Machine 6 replies
Like an ATM! Think again... 4 replies
DislikedMy name is susan william.....Am new at forex and i saw ur forum at forexfactory....And i will glad if u can teach me step by step method i can use to start trading....Here is my Email Address: [email protected]Ignored
My object is to fully adopt your 'perfect' philosphy of fewer trades but also fewer losses.
#314 "I had my 1st loss in 2 weeks and 3 days just this morning" ----Good Lord, what can I say??
Just read #314 again:
"I do not take lots of trades each day though, I am very picky and it has to be just right"
EXACTLY .....my objective.
rorieu
DislikedI bought g/u at 1.5416. I have locked in my SL at +20 giving me just over my session target of 50, I have applied a trailing 25 and will let it do what it wants
Job done in 1hr 5 minsIgnored
DislikedWell I used to trade e/j g/j e/u and g/u but it prooved too much and flipping around between charts actually makes you miss trades so I decided that it should be 1 pair per monitor.
The g/j is a spikey devil and although it can get you massive pips it can also spike you out for no reason. The e/j doesn't quite move as much but is usually way smoother. The e/u and g/u are both good but the g/u moves more.
After that it boils down to picking 2 pairs (1 for each monitor) so I went with my favorite, the e/j, and then the g/u so that they were 4...Ignored
DislikedThank you for you generosity. This system indeed may help my situation since I am unemployed. I made 12% yesterday and 8% today. Not bad for a demo trader like my self. All my bad trades were because of rule violations!
I will practise for 2 months before I jump in with the sharks.Ignored
DislikedAll I have to say is more power to you. I have quite a few friends that have been devasted by the economy here in the states. Just start off slowley when you go live. Wish you nothing but the success and financial freedom i'm sure is coming to you .Ignored
DislikedPipSot,
Did you ever resolve this problem you were having with the breakout indicator? If so, please explain. I too am having the same problem. My broker is IBFX. My operating system is Vista (maybe this is the reason).
If not, attached is a link where you can download the i-ParamonWorkTime indicator which allows entry of 2 time zones. However, you will have to draw your own Hi/Low breakout lines. I find this is better than no indicator at all. It allows you to easily see the Hi/Low of the previous 2 hours before you trade.
http://www.forexfactory.com/showthre...14258&page=258...Ignored
DislikedAll I have to say is more power to you. I have quite a few friends that have been devasted by the economy here in the states. Just start off slowley when you go live. Wish you nothing but the success and financial freedom i'm sure is coming to you .Ignored
DislikedYes, this is the beauty of this mehtod, just throw the 21sma on there and trade the candles. The only reason I have even added any other indicators is to make it easier to see and feel good about trades.Ignored
DislikedTK,
Just want to say, I'm basically a scalper.. to make 25 pips a day is (was) ok with me. Used your stratagy today and had 1 trade (eur/usd) at 13:00 GMT and walked away with 200+ pips. Traded this on a PDA while at work (just happened to look at the charts at the right time) with only a 21 moving average and watched price action. I know the last 2 days have had plenty of pips to go around, but to look at a uncluttered screen is very pleasing to the eye and making what I'm use to making in 2 weeks is pleasing to the account ! Thanks again for your...Ignored
DislikedNice bull eats bear right off the 21sma...
You really have to be playing ready ball to catch theseIgnored
DislikedHello...would you mind sharing what your experience has been with Metatrader on your PDA...what PDA, what service provider, stability, etc.
Thanks
CanuckCTIgnored
DislikedThis is it for examples from me. I will just try and update the very post now based on the questions I see and anything else I can think of.
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A great monday morning on the e/j and g/uIgnored
DislikedHello CT,
I've been trading wireless for over a year now. I live in Ohio (EST) and work fulltime, so the only time I can trade in front of my computer is the Asian session (not much movement), I started with a PDA so I could track the market whenever I was awake. Since then I've traded while grocery shopping, on vacation at the beach, and playing golf, plus many other locations. I have a Palm Treo, model 750. Provider is AT&T. Interbankfx is very stable on their wireless platform. I do get requotes, but, it is wireless so connection is slower, but...Ignored
DislikedI haven't really spotted any new questions lately that have not been covered somewhere but it is clear that post 1 is ready for an upgrade. Instead of posting anything further this week I am just going to say that the rest of this week and this weekend will be spent on post 1, a downloadable ebook, and getting the website started.
Mikep has been kind enough to write an indicator that alerts you the second a candle eats candle with all parameters met. Its working great so far but he is now making it even better by including something else I have...Ignored