DislikedTony, how would you view this method as not gambling? Is it because of the risk/reward 1.400?Ignored
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DislikedTony, how would you view this method as not gambling? Is it because of the risk/reward 1.400?Ignored
DislikedTony, how would you view this method as not gambling? Is it because of the risk/reward 1.400?Ignored
DislikedHi everyone,
Thanks rtrs111 for the link.
I was under the impression that we waited for the first 5 sec candle to complete and enter a trade in the direction of that.
...Ignored
DislikedSorry, if this already mentioned. Wanted to ask, is +20 and +140 statistically devised or guessed?Ignored
Dislikedhurm has anyone consider opening 2 position, 1st position tp 10 @ 20 and let 2nd ride the wave?Ignored
DislikedYes, it has been considered. Scaling out is like trading two separate (or more) exit strategies of the same method simultaneously. It tries to lower the risk but also decreases the profit. Spreading on multiple TPs, I think it has benefits to smooth out the equity curve on the long term, because it adjusts on different market types. But I prefer to backtest first find the most profitable TP and focus on that one. If TP 140 shows the most profits, that's what I'm gonna trade.Ignored
DislikedI don't think the 5 sec candles matter anymore. As per Tony, enter after 1-2 pips (up to you), trailing it manually if you can, if not, just move to BE after 2 pips profit.Ignored
DislikedHi folks,
Could someone ask this simple and Basic question, as I could not scroll hundreds of pages to find the answer ?
As MT4 could is unable to draw a 5 secs charts, could someone say which platform let you to do that, and which broker could include a service with this TimeFrame, also with a very low spreads ?
Secondary question: Is there someone who tried this system on other pairs than E/U
Thanks in advanceIgnored
Dislikedoanda is my broker
i tried it with the usd/jpy and gbp/usd... very good success rate as well, less success on usd/jpy.. it's good at the ny open
stick to the pair with less spreadIgnored
DislikedHi tony . First time , i see time frame second not minute.
Do you use broker ? or anyway to show ? .
Hope you friendly ^^!Ignored
DislikedHi folks,
As MT4 could is unable to draw a 5 secs charts, could someone say which platform let you to do that, and which broker could include a service with this TimeFrame, also with a very low spreads ?Ignored
Dislikedfeels good to comeback trading after a week-end of skiing and tubing in the great Canadian north mountains... such a great refreshing activity, priceless!Ignored