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- 309 Results (5 Threads, 304 Replies)
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rainingpips replied Jul 23, 2018A better (albiet paid) option is FX Synergy. I can't link it because it violates T/S but it will do what your 'TradePanel' expert will do and much much more. I'm using it to group and scale into trades. It's a 3rd-party program that links to a MT4 ...
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rainingpips replied Jul 20, 2018I already have a live account with them, but only funded with a small amount of BTC (what I had lying around). I'm setting up Skrill now to deposit. I've never used it though.
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rainingpips replied Jul 20, 2018With FinPro, you can also do a wire transfer, and I would 100% recommend doing wire transfer for withdrawls. I've heard of problems across several brokers concerning withdrawls via BTC.
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rainingpips replied Jul 20, 2018Magne999. Good to see you're enjoying FinPro. I got crazy last night and overleveraged. Cut my gains from 45% to 20% by disregarding the scale-in strategy and overleveraged. This system is very successful, however don't make the mistake I made and ...
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rainingpips replied Jul 18, 2018So I haven't found the exact research/study by Schoenberg and Corwin, but I found an article detailing their basic premise. I've summarized the finer points/example below: " Let's say you have $4 to invest. If a future's price recently drops to $2, ...
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rainingpips replied Jul 18, 2018As far as I can tell, 'Zigzag' has little in common with my table. I am entering at set pip intervals (20 pips) with the lot sizes indicated. Unless my math is wrong, I don't see how this would fail terribly provided a trader had a sufficient amount ...
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rainingpips replied Jul 18, 2018Can you explain what the columns represent in the chart you posted? Below is the chart that I follow for the current system: image
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rainingpips replied Jul 18, 2018Scaling is probably the wrong terminology. I'm averaging into trades to move my average price closer to the market price as PA moves against me. PA never moves in a straight line forever, and WILL retrace. I'm trying out something a bit different ...
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rainingpips replied Jul 17, 2018Magne999, are you scaling into positions or going into trades with one large lot size?
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rainingpips replied Jul 15, 2018Win rate doesn't matter as much as probability of profit. The way to control that is through scaling into a trade and cutting a loser. For the majority of my trades (the current TE trades isn't the best reference for this, as I was playing around ...
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rainingpips replied Jul 14, 2018The type of scalping I am doing does not work well with volatile spikes resultant from news. You can certainly trade after news, as PA returns to logical patterns off the EMAs. My largest drawdowns have been no more than about 5-6 pips, and those I ...
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rainingpips replied Jul 14, 2018A key prerequisite to this system, and most in general, is the quality of the service/product offered by the broker. This includes average spreads, commission, execution of trades, liquidity, etc. The spreads and commissions especially boost your ...
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rainingpips replied Jul 12, 2018Nice work on the risk management / stacking. Can you provide the EA builder you're using or your current build? I'm working on a similar EA for this (very very simple, will likely only throw alerts) and want to add the scaling element to it.
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rainingpips replied Jul 10, 2018This sounds kind of simplistic, and lacking any statistical evidence, but the important reason you cut your losers is because you were WRONG. PA is moving against you, and is doing so very likely in a trend. Example on how you should ideally trade ...
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rainingpips replied Jul 10, 2018The answer is because he ran the statistics for those pairs with this system and obtained the TP/SL and time/price cycles with the given EMAs. I am testing this system with ALL the major pairs to see if it works. He only ran stats on the two you ...
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rainingpips replied Jul 10, 2018PA hit the 23.6 Fibo line. Here's where I'm not 100% sure what to do. My TPs were hit for a nice 9.3/9.6 pip profit for both 2.5 lot orders. Would appreciate any input, especially from Sys image
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rainingpips replied Jul 10, 2018Not to overly complicate Sys' system, but I have added a daily Fibo draw for price levels and a CCI indicator. The CCI indicator is fairly accurate in forecasting whether counter trend trades will be successful. I'm not really using CCI to decide ...
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rainingpips replied Jul 10, 2018Scaling in on a EURUSD buy here image Price popped above the 200 EMA and then dropped down a bit, then popped above again. Entered on subsequent bars after PA closed above the 200 EMA. In right now for two separate orders of 2.5 lots each.
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rainingpips replied Jul 10, 2018I started a TE and will be following his system, i'm going to try and post screenshots of entries and my scaling strategy. That's the key piece that needs to be extended in this system. Has been very successful so far. Up 5.5% out of 72 trades (many ...
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rainingpips replied Jul 8, 2018I'm going to use 'FX Synergy' in concert with this system to make and manage trades. See below for a link to a 30-day trial: { information deleted by staff, per membership policy } *I do not have any vested interest in this product/server nor am ...
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