Magic numbers question 12 replies
Ever seen this magic number bug? 4 replies
magic is back! 11 replies
Magic Numbers for Mutiple EA 9 replies
DislikedFolks, i will share with you my results for April so far. This is not a show off, since is not empressive as hell. This is just the power of MM and RM. That`s why is 1:3 RR is so important. Profit Trades overall (% of total) are just about 41.46%. But your account is f*cking growing. And that's all that matters! Imagine doing this day by day, where you will end, he? Be consistent, believe in your self and you will succeed. {image}Ignored
DislikedFolks, on such tough days i recommend not to trade at all, especially for beginners. Everyone is get excited about trend reversals and jumps too early on the train, because of fear to miss something big. Believe me, the markets are not running away. Tomorrow will bring new opportunitys. You don`t have to trade everyday. Just a reminder.Ignored
Disliked{quote} dear minotawr... how do you properly identify the trend reversal. because after long journey the current trend can be reverse back .as a experience person of this method how do you trade with that situation ,when you are free expect your valuable reply...Ignored
Disliked{quote} Hey mate, don`t focus on trend reversals, focus on existing trends.Ignored
Dislikedok guys, one more chart for education. This is H4 chart of EUR/AUD: Since a strong down movement accured (yellow line) and price under 100EMA, i`ve started to look for retracements. --> green candle 1 was formed. I put my pending sell stop order under the candle 1, SL above candle1 --> green candle 2 was formed. My pending order from candle 1 was not activated. I cancel pending order1. Now i put my pending order under the green candle2, SL above --> green candle 3 was formed. My pending order from candle 2 was not activated. I cancel pending order2. Now i put my pending order under the green candle3, SL above --> my pending sell order was activated on the following red candle. After two next candles my TP was hit for 1:3 RR --> green candle 4 was formed. I put my pending sell stop order under the candle 4, SL above candle4 --> green candle 5 was formed. My pending order from candle 4 was not activated. I cancel pending order4. Now i put my pending order under the green candle5, SL above --> my pending sell order was activated on the following red candle. After a bunch of candles my TP was finally hit for 1:3 RR --> green candle 6 was formed ..................and so on Did you understand the process? {image}Ignored
Dislikedok guys, one more chart for education. This is H4 chart of EUR/AUD: Since a strong down movement accured (yellow line) and price under 100EMA, i`ve started to look for retracements. --> green candle 1 was formed. I put my pending sell stop order under the candle 1, SL above candle1 --> green candle 2 was formed. My pending order from candle 1 was not activated. I cancel pending order1. Now i put my pending order under the green candle2, SL above --> green candle 3 was formed. My pending order from candle 2 was not activated. I cancel pending order2....Ignored
Disliked{quote} Everything explained perfectly. Just one question - after the sell order at candle 5 was triggered and it didn't hit tp3 you put the next pending sell order on candle 6 (compound orders) and wait till all open trades hit tp3? Just interesting how you manage the trades.Ignored
Dislikedok guys, one more chart for education. This is H4 chart of EUR/AUD: Since a strong down movement occurred (yellow line) and price under 100EMA, I`ve started to look for retracements. --> green candle 1 was formed. I put my pending sell stop order under the candle 1, SL above candle1 --> green candle 2 was formed. My pending order from candle 1 was not activated. I cancel pending order1. Now i put my pending order under the green candle2, SL above --> green candle 3 was formed. My pending order from candle 2 was not activated. I cancel pending order2....Ignored