Dreamliner, Doesn't FIFO rule interfere with your trade management technique? E.g., add-on positions not being closed when b/e SLs are hit...
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Disliked{quote} SMA = Simple Moving Average. I think the captain simply misquoted when he said "smooth". If you place a "Simple Moving Average" on your chart you will see it matches what he has on his charts.Ignored
Disliked{quote} Misquote or not, that simply is not good enough coming from the pointy end of the airplane! I expect a smooth ride from our fearless leader. And I did place a "Simple Moving Average" on my chart - you did read my post right? But if I go with that, then I am making an assumption, correct? It may mean other things that are written may be incorrect or not, depending on your interpretation. The third thing pilots do is "communicate" to clear up any issues and that is where I am at; let me speak to the Control Tower. Thanks for your attempt to...Ignored
Disliked{quote} I assume you use a U.S. broker. How do you trade this method considering the FIFO rules?Ignored
DislikedDreamliner gets it right here regarding the jetstream but oddly I can't see his trade which he claims is open. This is an Oanda account.Ignored
DislikedThat aside I am wondering how he knows which pair to trade since you never know when a pair will start to trend. If he has a few favourites you could still miss it.Ignored
DislikedAlso he must be splitting his trading capital in tenths or less to keep adding to the trade.Ignored
DislikedPeople. I have been a member of this forum for many years and have witnessed good and sincerely informative threads like this die and end up in the corner collecting cobwebs. Why? Because too many users start nitpicking and pointing out the mistakes (we all make them) of the threads originator. Everyone has to keep in mind that information is shared with no compensation. When people make life difficult the "REAL" traders cut off the distractions, stop posting and return to what they love and are good at - TRADING. If you find a flaw or an error...Ignored
DislikedI've got a question; it was very clearly stated the the 34 Smoothed Moving Average is used However, comparing the CAD-JPY 4 hour chart, as in the example, I cannot see the Smoothed MA lining up there But the Simple MA does' anyone else notice this? See my chart. Also, I used the Close as no other detail was provided; we need this point verified also. Thanks very much {image}Ignored
Disliked{quote} Hi Erebus, how do you call that MA indi and the one showing all the parameters in the left hand top corner, so I can look them up? {image}Ignored
DislikedM{quote} The MA are just that normal Metatrader MA, 1 x 34 EMA and 1 x 34 SMMA The corner indicator you refer to, you can find here http://www.forexfactory.com/showthread.php?t=540706 #2 Access Panel - This indicator gives you access to a number of charting features, including a Clock, special Bid and Ask lines, the display of Levels, "Natural" Fibos, time zone adjustable Pivots, Range H/L marks for the day and week, special vertical day Separators and vLines that mark the start-end of important markets during the day. Take note that...Ignored
DislikedI do agree what thread starter do but I believe not everyone could profit as he does. Trading always is not about system, strategies or whatsoever. It is all about risk, money management, patience and discipline.Ignored
DislikedWhat happens when the setups fail? If there are many positions, All will end up a big loss... Still no clue what SL, TP he uses. He claims RR is 1:100ish or more???? What is the Hitrate? iF it is 10%, Then we are just playing casino here.Ignored
Disliked{quote} Yes. There is no way we could replicate his results. First of all, the system is not yet properly outlined No Entry strategy No Exit strategy No SL & TP No Rules We need to wait him to explain these stuff before we can evaluateIgnored