If it works, it works...

Hi guys,

I would Like to add one of my "home made" trading methods...

I have posted this one before but in the EURUSD thread... (easily lost in there) So that's why I am posting again I am sure someone can find it helpful as I am using it myself...

Anyway, I would like some opinions on this entry method and a possible good exit stratetgy

If you have any other home made or extremely nice method you would like to shear -->

Hi guys,

I would like to add that it works on red candles as well...

I am using this on U/J for the moment... 1H chart...

Hi Larseg can you please add some complete charts to illustrate your trades with this idea?

Hi Shiva!

I sure can here is what I do and have done for a couple of weeks now..

1. Using the Larseg Duckling system for entry.

2. Decide a time for when you want to put on a trade (I use 11:00:00 Sydney time).

3. I am using 1H chart but you can use whatever... Yes, I am that kind

4. Backtesting at the close of the 10:00 bar, because this fits with my ASX morning trades...

5. In excel I have found that using -15/30 SL/TP is good for the moment... this week-end I will go over this again...

* I feel it's important to follow through with trades, even though if you have 5-6 losing trades you should continue (max 2%risk)..

**posting my results, and the setup is very simple... Here is my morning trade... At excactly 11:00:00 I placed a bull 15/30...

If you have any thoughts or backtested results which are better I am very glad to get them