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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 ...
The Price Action 'Anomaly'
- 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 ...
4H Box Breakout
- 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 ...
4H Box Breakout
- 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
4H Box Breakout
- 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 ...
4H Box Breakout
- 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.
New Variation on 7 am to 9 am Breakout Strategy
- 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, ...
New Variation on 7 am to 9 am Breakout Strategy
- 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 ...
1 trade a day
- 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 ...
Spuds Stochastic Thread TRADES Factory
- 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 ...
Spuds Stochastic Thread Theory
- 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
39/39 HI/LO SYSTEM
- Posts by Trader Search: 'saltydoo'