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- syedhsg replied Oct 22, 2010
yes i have seen this with my own eyes cross can uncross funny thing is it can uncross more than 2 times depending on time frame
- syedhsg replied Oct 22, 2010
yes it does not make much difference so i decided to do it with 25 i back tested it on usd/cad with 15 pips sl and almost 10 winning trades in a row i m just trying to minimize the loss and draw down REMEMBER once u know how to avoid risk, profit ...
- syedhsg replied Oct 22, 2010
stop loss setings — i think sl of 25-30 pips is more than enough. because this strategy works also in this way if price reach close to 50s it will hit 50 for example if price cross 40s or 60s then it will hit 50 most of the time. think about ...
- syedhsg replied Oct 14, 2010
right — i agreed, as what i experienced, most of methods works, it is our emotions which we should blame for losses. either a early entry or early exit ruins the results.whatever trading method you are using believe in it after testing it on ...
- syedhsg replied Oct 1, 2010
right — i have learned that after my last post that midlle band is actually sma , whatever value we put it will become that value sma thanks supreme chaos
- syedhsg replied Sep 14, 2010
here is the screenshot — here is my template bollinger bands 20, RSI 14, Ema 5
- syedhsg replied Sep 14, 2010
the middle band moves exacty like the ema 21 so it canindicate ema 5 and ema 21 crossover. at the same time i look for times when price go far from ema 5. because it will come back. price has a tendency to stay close to ema 5
- syedhsg replied Sep 14, 2010
i do look on multiple time frame but i m a scalper i only concentrate on one minute and 5 minute charts the middle band of bollinger band moves exactly like ema 21
- syedhsg replied Sep 11, 2010
hi loser — hi loser why dont you start a journal in that case u will get too much opportunities to increase ur profits and learning i want to know about you i m also from pakistan scalping is working great for me
- syedhsg replied Sep 10, 2010
i agree with u on this one
- syedhsg replied Sep 10, 2010
i never put stop loss — i use bollinger 20, rsi 14, ema 5 i trade 5 minute chart my target is 10-15 pips i get almost 5 trades in a day i close trades on break -even which go bad and i did not got any loss in past one month
- syedhsg replied Sep 10, 2010
i have never earned money before i have never withdraw money before so i guess u r right. i m still a child instead of bullying others i believe to keep my mouth shut if u cant help then dont ask if i know to swim or not i think at first payslip or ...
- syedhsg replied Sep 10, 2010
3: I fear that internet will be jammed by some terrorist group or aliens. so i wont be able to handle my trades and cant withdraw my amount 4: i fear that i have left some position open and i forget. i have seen this in a nightmare where i just ...
- fear syndrome affects everything
finally i have been able to recover my losses. i have recovered total of 7 months losses in one ...
- syedhsg replied Sep 9, 2010
how i did it — i blew up and account then i have made a 2 year plan. write it down. made monthly targets for profits. divide them into weekly and daily targets. and then start trading again. i start from very little targets and achieved the ...
- syedhsg replied Sep 7, 2010
trend is ur enemy — i learned that every person has a different strategy as they have different personalities. for me most of rules (fx mantras) did not work so i turned against them and i m increasing my account 100 % monthly. i never use ...
- syedhsg replied Sep 6, 2010
pin bar is actually H&S — did any one notice similarities in pin bar and head and shoulder pattern for me they both are same only difference is on which timeframe u r looking
- syedhsg replied Sep 2, 2010
true — i also trade in the same way. now{thanks to hoss} from the day i understand this strategy every day is profit making day for me i only trade after major news enter the trade after 10 minutes when rsi is touching its limits, & price is ...
- syedhsg replied Aug 29, 2010
is it a pin par? — check this picture here are two bars if combined will form the pin bar all requirements are full filled and price does gives some good profits to take
- syedhsg replied Aug 27, 2010
My plan changed my trading and my life — i was loosing account after account until i made a plan write it down on my finance notes very roughly as the paper have not much space. that was targets i set for next 2 years divide them into monthly ...