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- flightless replied Jun 4, 2011
Ok but "cosmic sans ms font" looks cool
- flightless replied Jun 4, 2011
Learn what every price bar says — THERE IS ONE THING THAT REALLY OPENED MY EYES ON READING CHARTS. I CONTACTED A PRO TRADER WHOSE BOOK I HAD JUST READ AND I THANKED HIM FOR TEACHING ME ABOUT THE CONCEPT OF MOMENTUM INDICATORS BUT HE SAID ...
- flightless replied Jun 4, 2011
Indicators VS PRICE — INDICATORS VS PRICE The reason why many people hate indi's cuz they a historical calculation of price itself but i can say i have profited from these indicators if you use them intelligently rather than take all the ...
- flightless replied Jun 4, 2011
1 june trade — here is the trade i took on 1 june
- flightless replied Jun 1, 2011
today is the first demo test for this sytem the first price and 50 ema crossover was bullish therefore i have taken the first 1 hour stoch(8,3,3) crossover 1st is the 1 hour chart below is the 5 min
- flightless replied Jun 1, 2011
ok my other strategy covered my loss today to a certain extent i gained 17 pips risking only 7(including spread) But anyways if you really wanna become a good trader you have to check out JAMES16 thread it is just brilliant:nerd:
- flightless replied Jun 1, 2011
i understand your frustration and thats why i trying to use a trednline instead of a ma also
- flightless replied Jun 1, 2011
hey thanx thanx to lawgirl too
- flightless replied Jun 1, 2011
lol the first trade i share on forexfactory and its about to turn into a loser and there it goes stop hit so total profit today using this system 53-19=34
- flightless replied Jun 1, 2011
Entry Price for latest setup is 1.44110 stop loss is previos swing low 1.43966+spread(2.0) so total risk is 19 pips therefore take profit is 40 pips using 1:2 risk reward ratio.. THOUGH I WILL BE A LITTLE CAREFUL CUZ THERE IS RESISTANCE AT 1.4438 ...
- flightless replied Jun 1, 2011
Everytime i share my strategy with my trader friends who trade with me i lose money cuz my judgement gets clouded as i get scared that i may get a loss and they may think i suck at trading but then that's very unprofessional so to change that i ...
- flightless replied Jun 1, 2011
Only EUR USD ANYWAY I WILL POST todays trade results and after ten trades if there is any potential then maybe i'll continue testing it otherwise not
- flightless replied Jun 1, 2011
For conservative traders — Traders who wanna avoid fakeouts can trade bounces of 100 EMA But you will still get some fakeoouts Remember money management is the key
- flightless replied May 31, 2011
But what matters the most is the first crossover b/w price and 50 EMA on 5 min chart exactly after 13:00 in case of my broker FXPRO the other crossovers that happen after the first one don't matter at all
- flightless replied May 31, 2011
i will be foreward testing it on a demo for the next 3 months lets see it has been happening continuously for the past 6-7 months 8 out 10 times is correct at the moment what i am thinking of doing is as soon as i see the first crossover between ...
- flightless replied May 31, 2011
oh yes this is a 5 min chart
- flightless replied May 31, 2011
Tomorrow i will add a new scalping strategy
- flightless replied May 31, 2011
me too i'm trading daily at the moment for long term and 15min for daytrading but i think trendlines will be best thing that could be added to this system that way we could avoid trading in flat markets and go for a ride while the pairs are trending
- flightless replied May 31, 2011
Trade management rules — TRADE MANAGEMENT RULES: Rule no.1 place stop loss at the previous swing low/high if you don't know use fractals Rule no.2 As soon as price moves 1.5 times of the stop loss the stop loss should be moved to breakeven. ...
- flightless replied May 31, 2011
give me some time i'll also post some cases when you have to be carefull while taking a trade but remember higher the time frame better the signals...