Hi FxAndres, what is the name of your pivot indicator? Would you like to share it?

That's why its important to make sure those 350 equals to the maximum risk you are willing to take in each trade. The lot size is determined by the SL size! So either you have 50 pips SL or 500 pips SL, it does not matter because you always risk the ...

First thought is usually the best one as they say!

Speaking of fibo lines and with my last post in mind, I actually applied some Fibonacci in some trades to determine the TP. Maybe we could look in to that a bit deeper?

I would absolutely not say that you have failed! Not yet. I think this system could be very good if we accept that its not 100% mechanical. I see that many times we get correct signals but its "simply" just the management of the trade it self ...

The "standard" rules on page 1 refer to it. But if you only use the easy method I guess you don't need it because you got the histogram.

Good evening Alex! Im looking at the NZDJPY right now and do you think the stoch is too zigzaggy for an entry? image

Just did some BT on this system. Still very early for me in this system so learning continues. 89% winrate on GBPUSD. Did BT for 2014, got 16 wins and 2 losses. Some trades method 1, and some method 2. Still playing around a bit for experimental ...

Don't worry, it was something about the SMRI system.

I think youre right. No system is 100% mechanical and in my opinion, besides good money/risk management, you have to be in tune with the system youre using. Comfortable, positive, you have to trust it. And you have to trust yourself. Its not really ...

So even though there is signs of great results, you wont even bother to read it twice or as many times you need to learn it? Its not THAT technical. If you find it hard, study pure price action instead and become that 1% youre talking about. ...

Good work!! Method 1 or 2?

Is server time important with this system? Should I use it with GMT +3 like the SMRI and others?

I would be glad to help BT this in simulator, as long as you can have some patience in waiting for results. I have a day job so I can do most testing on the weekends. What I initially like especially much with this system is that its "born" from ...

Happy to see that you made a thread out of this! Im subscribed!

Do you keep positions over weekend? Sounds like youre constantly on the move, both in your life and in your trading! Where ever you are in the world and what youre doing, I wish you well!

This weeks (at the moment) 61.8 fibo is just below the green Go Long line so I guess that would be a great place to take entry after a retrace and all conditions are still met.

Yes, serious resistance at this level, and Friday also. I took it anyway, since im on demo and just want to see what happens. Mostly for scientific reasons of research!