- Search Forex Factory
- 44 Results
- WhyDrawdown replied Sep 28, 2015
image Perfect... The candle closed with a wick under the 23.6.... Now all this candle on the 5m chart has to do is close green and I will take a long for about 1 EUR per pip. Risking 10 pips to earn about 30 pips P.s. if the low of that green ...
- WhyDrawdown replied Sep 28, 2015
image Try this out. Do you see the candle currently at the 23.6 fib level? If that candle and only that candle leaves a wick under it, and then is engulfed to the long side any time after the close, then I would long EU all the way to the R1 ...
- WhyDrawdown replied Sep 28, 2015
1.1254 is today´s R1 pivot. We should be touching that before US market closes... I honestly don´t pick high or lows, but if you are going to trade reversals then it is always best to do so at a daily pivot. In this case you are picking the daily r1. ...
- WhyDrawdown replied Sep 28, 2015
Now that your SL has hit are you going to open a long right away?
- WhyDrawdown replied Sep 28, 2015
I´ve honestly have not had the patience to hold positions for much time. Especially when I can´t gain an accurate entry. So I try to be sneaky and enter nice lot sizes when certain positions present themselves. I got over excited and trailed way to ...
- WhyDrawdown replied Sep 28, 2015
The trade I placed on EUR-USD was a pretty good scalp... As of right now I have left 40 pips on the table. I was long for 20 eurs a pip.
- WhyDrawdown replied Sep 28, 2015
The price is simply accumulating at the main pivot. Scalping would of been the best option today as from a chart you can see the price has gone flat at the Main pivot. Not to mention i felt very comfortable when you revealed that most ff members ...
- WhyDrawdown replied Sep 27, 2015
I would suggest that you read the first 6 pages. Another thing is that if something looks good in a formed chart (dead chart), when you look at it LIVE and it doesn´t look the same, it is because you aren´t Looking at the LIVE chart as you should. ...
- WhyDrawdown replied Sep 27, 2015
We all know the danger of martingale. The reality is you do have systems in which you can get the same R:R as the previous order, without experiencing a very long losing stream. I found this thread over the weekend and the results look very very ...
- WhyDrawdown replied Sep 26, 2015
Would you say that Pivots are Not important prices? The reality is believing something and having proof to support such believe is something totally different. Simply look at daily pivots which are calculated at say Asia open, and then look at the ...
- WhyDrawdown replied Sep 25, 2015
If you were a broker and 95% of those who take a trade with you LOSE, wouldn´t you take the opposing trade as well? People make it seem as though because the broker take opposite trades, that is the reason why we lose... The reality is that we lose ...
- WhyDrawdown replied Sep 24, 2015
With a sprinkle of BIAS... At the end of the day he will be judged for his over all profit and pip accumulation, but no one really looks into entry accuracy.
- WhyDrawdown replied Sep 24, 2015
I agree with you. I actually lover to look at a trade explorer because the stat not only reveals much about the system, but about the trader. Look at the overall stats, but look at the drawdown this trader has. image
- WhyDrawdown replied Sep 24, 2015
The higher the TF then the more pips you will be willing to give up. The lower the tf the greater the chance of having a lower drawdown in pips and a great risk to reward ratio. The signals of course has everything to do with the system, but at the ...
- WhyDrawdown replied Sep 24, 2015
I would say that the accounts being popped by large orders is because of traders bias of not cutting the lose. Many of the trader explorers you will see that the person has entered either in a accumulation which they were slowly losing pips and then ...
- WhyDrawdown replied Sep 24, 2015
You have just discovered the art to money laundering in forex. If you want to send 10m to your friend without any questions simply buy EU and he sells EU and just wait for the margin call to happen in one. Instant money transfer.
- WhyDrawdown replied Sep 24, 2015
The percentage you make a month or try to make a month shouldnt be as important as you using a system which is accurate. You mention that you have used all of the systems, but my question is have you tried trading on lower tf using 1 to 1 risk to ...
- WhyDrawdown replied Sep 24, 2015
Have a look at the following trade explorer. image Simply look at his ¨floating loss¨. He has over 9000 pips in floating loss If the trader would of used Martingale the account would of went pop many moons ago Luckly he has not increased his lot ...
- WhyDrawdown replied Sep 24, 2015
Very well said. The problem is that it is much easier to deflect and blame the broker for your horrible trades compared to looking within... You will be surprised at the excuses people come up with for holding positions for massive pips in lose.