Disliked{quote} Yes i think i am Also i read quick thrue some post in your first post you say risk :reward 1:2 that is risk for example 10 pips to get 20 have you been able to do this ? Its great that you handle this thread and answear questions so soon but i think your trading is most important and you should first trade then after when you are finish for the day you can come here and answear questions. Also is it possible to do a youtube video about your strategy ? Thanks. Have a nice day.Ignored
For a short period of time of my life I can do that for this community. I learnt all that I know here, on FF and the basis on Babypips.
My personal goal here is to help traders from al part of the world to go faster by having this system as example. It doesn't replace the individual work.
Understanding by the traders that there are many, many systems that work very well and the fact that the most important is the MM and how to protect their capital, is another goal of mine.
This field, the MM, should be practiced by all traders. It couldn't be just applied on the recommendation of one of us, it has to be verified with the characteristics imposed to us by our brokers and by our different trading styles and personalities, aggressive or conservative for example.
If at the very first of the thread I didn't answer until the end of the day, nobody could wait so long.
For your question about the RR 2:1 I never tried to do it. I'm working with a daily target of 15 pips and I decide for each trade, depending the particular trading conditions of the day, if I'll take 10 pips or more by entry. I try to respect , mostly, the RR of 1:1 but if the CCI doesn't touch the opposite 200 level or the SL given by the last swing I let the trade run. The risk is minimum with maximum 2 % loss, and I could manage in any case to recover this loss and to go in profit by the and of the day. But , here, it is just my personal opinion and way to trade.
I hope I answer to your question.
Have a nice day,
Ioan