all the systems are good in some market conditions and bad in other market conditions.
is about how much you lose in bad conditions and how much you made in the good conditions.
this is not easy to follow but after some practice itīs very profitable
Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies
The System Behind the System, by Merlin Jeffries 16 replies
200 Ema system - help me build a system ! 19 replies
Knife system, Vegas 4h system related questions. 4 replies
Would you trade this system? New system #2. 10 replies
DislikedThis looks a perfect entry on todays GU, we even have the green,red,green dots sequences, after the new top..
R22 hope you can coment on the above charts,Ignored
DislikedI think what we are looking for and it might be wrong is
ENTRY on 5 MIN
For long trades we want green-red-green + a HL
For short trades we want red-green-red + a LH
I THINK - looks good but the exit stuff is beyond me at the mo. Will have a play tomorrow in demo
EXITS
We go to the 15 min chart and move our stop loss for buys when the dot turns or is ???????????? help!
Not sureIgnored
Dislikedhttp://i842.photobucket.com/albums/z...22/gsdaggg.gif
http://forums.babypips.com/images/st.../wol_error.gifThis image has been resized. Click this bar to view the full image. The original image is sized 1024x616 and weights 71KB.http://i842.photobucket.com/albums/z...22/fasdg-4.gif
this is gbpjpy yesterday. you can see the 3 trades i took.
1st one is a 7 pips loss in a trade with an original SL of 40 pips. that was a risk/reward ratio of 1:-0,17. that means if you risk had risk 1% of your...Ignored
DislikedJUST to make it even more simple:
If we re LONG and there is at least two candles breaking green dots and closing under... then we close our trade...Ignored
DislikedOn this chart the third entry price was not making a HL, it was in fact a Lower low, Would you coment on this R22... Is any HL valid if price is higer than the new bottom price.. hope that makes sence.Ignored
Dislikedthis make sence and iīve aswer that bellow that same chart i think.
but i just conseder that as a HL because it is higher than the previous bottom price and price are doing higher highs. if price had done a lower high before that higher low we should not consider that HL.
hope i explain it wellIgnored
DislikedR22 Is this a valid entry... I know its past your recomed time for trading, just want coments on the set up.. Also would be helpfull if you could post any trades you took today..
rebelIgnored
Dislikedthis was a great setup.
and today i havenīt take any good trade. only losses
that happens. lost 4% of my account in 7 trades... a really bad dayIgnored