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- saltydoo replied Aug 31, 2009
ummmmm — Still a little unclear how this indi works. when and why do you enter a trade....or exit. Are you just saying that at some point the gaps will get filled so you should place an order that will eventually catch it? Please explain the ...
- saltydoo replied Aug 27, 2009
Hi Ace, By TPs being a max of 150 pips, I meant each one of them(TP1-150,TP2-300,etc.). So the total will be in turn 600 maximum pips at TP4. I think this is a large enough pip range to grab good profits. What I meant by greedy is if the box is 300 ...
- saltydoo replied Aug 27, 2009
Big boxes — I'm fine with having big boxes. However, I lower the TPs to 150 pips maximum. SL would be 75 + 20(the buffer). This way I am still in the trade with less exposure. I don't think anyone here would set there TPs as high as 300-500 ...
- saltydoo replied Aug 26, 2009
lots — Each lot is $1, sorry forgot to mention and edited the post. On average a 3-4% risk. Not loaded yet
- saltydoo replied Aug 26, 2009
Good system, some small changes — So, I have been tweaking this system around, and of course, backtesting. I find that the TP4 seems valid in trending weeks/months. However, I am doing this to safe guard from ranging markets. First off, the ...
- saltydoo replied May 28, 2009
OK, I see it now. This does have a really nice rick:reward component. I will track GBP/JPY for a week or two and if it is still successful I will trade both the EUR/USD and GBP/JPY live. I will let you know the results.
- saltydoo replied May 28, 2009
I have a question, when you initially buy/sell where do you put your initial stop loss? At the high/low of the 7am-9am breakout that got broken? Also, I have been backtesting a little on the GBP/JPY and it seems to also do very well(what can I say, ...
- saltydoo replied May 27, 2009
Just a thought — I have found this thread quite interesting, and have done some backtesting(mostly on gbp/jpy, I like the risky one). I would like to mention a little quirk I think could help. Instead of doing the whole Asian session, I find ...
- saltydoo replied Mar 24, 2008
This is what I use — This is the simplest template that I have found using Spud's theory. I have done great with it. I personally do the 1H charts with it but would like to move to the 4H so I can have less computer monitoring (always a good ...
- saltydoo replied Mar 21, 2008
Back at it — I saw this thread a while back and tried the system out. I did pretty good with it but continued to try other systems. There are only a few that truly work out there. I came back to use this one for short-term trading (1 hour ...
- saltydoo replied Mar 16, 2008
system seems to be working good so far. I grabbed 850 pips since friday on the shortside of gbp/jpy. good job
- Posts by Member Search: 'saltydoo'