The golden rule of thumb is that you shouldn't trade or trade differently when big honchos meet in Davos or elsewhere
Simple Daily Trend Reversal Trading System
- #2,563
- Jan 26, 2018 10:18am Jan 26, 2018 10:18am
- Joined May 2017 | Status: Trader | 1,564 Posts
I can calculate the movement of stars, but not the madness of men. Isaac N.
- #2,565
- Jan 26, 2018 12:35pm Jan 26, 2018 12:35pm
- Joined Mar 2016 | Status: Full Trader | 1,378 Posts
- #2,567
- Jan 26, 2018 1:36pm Jan 26, 2018 1:36pm
- Joined Mar 2016 | Status: Full Trader | 1,378 Posts
{quote} Yes that exactly what i mean! However the ea only looks at closed candles. So this pinbar (which is still open and running) would become a valid signal on monday morning
- #2,568
- Jan 26, 2018 6:22pm Jan 26, 2018 6:22pm
- Joined May 2017 | Status: Trader | 3,883 Posts
This week has been challenging, in fact this new test TE has started off pretty bad compared to the first test, and of course those browsing FF will pass by, see the TE, and then move along cos they think its not a successful strategy. 
I'd like to share with you some other TE's that I have running privately. Both live accounts I am using the same strategy although with manual trading I will check the signal first, and if I like like the set up I'll trade it live.
The first screenshot is my own personal account, and the 2nd is a good friend of mines account who I'm helping to recover after he almost blew it on newbie mistakes.
As you can see both accounts have been doing well using this strategy, and I've been paying a little more attention to my friends account to get it back to a good place.
The TE linked might not look good at the moment, but I can tell you that this strategy works, and it does make money. Stay the course, have patience, and you will succeed.
I'd like to share with you some other TE's that I have running privately. Both live accounts I am using the same strategy although with manual trading I will check the signal first, and if I like like the set up I'll trade it live.
The first screenshot is my own personal account, and the 2nd is a good friend of mines account who I'm helping to recover after he almost blew it on newbie mistakes.
As you can see both accounts have been doing well using this strategy, and I've been paying a little more attention to my friends account to get it back to a good place.
The TE linked might not look good at the moment, but I can tell you that this strategy works, and it does make money. Stay the course, have patience, and you will succeed.
Truth is like poetry. And most people f*cking hate poetry.
This week has been challenging, in fact this new test TE has started off pretty bad compared to the first test, and of course those browsing FF will pass by, see the TE, and then move along cos they think its not a successful strategy.
what is your update Ea? is it see Version 1.19
I could not find this
- #2,570
- Jan 26, 2018 11:33pm Jan 26, 2018 11:33pm
- Joined May 2017 | Status: Trader | 1,564 Posts
Now i am curious.
At what point are you going to "teach" your followers how to reach this result using your system.
It is obvious that the EA does not perform as expected because it is about to blow your second (or third) demo account.
Sow how about you posting chart examples, extra indicators you use and thought processes to come to this result and not just say
"hang in there it will work" ?
At what point are you going to "teach" your followers how to reach this result using your system.
It is obvious that the EA does not perform as expected because it is about to blow your second (or third) demo account.
Sow how about you posting chart examples, extra indicators you use and thought processes to come to this result and not just say
"hang in there it will work" ?
I can calculate the movement of stars, but not the madness of men. Isaac N.
- #2,575
- Edited 6:38am Jan 27, 2018 6:19am | Edited 6:38am
- Joined May 2017 | Status: Trader | 3,883 Posts
Truth is like poetry. And most people f*cking hate poetry.
- #2,576
- Edited 9:11am Jan 27, 2018 8:41am | Edited 9:11am
- Joined May 2017 | Status: Trader | 1,564 Posts
That's a first you mentioned this
(while obvious for some) as being part of the original (manual) strategy.
90% of the manual working strategies started on FF...once an EA takes over (how beautiful coded it might be) the original designer drops off and does not follow up his own trading system anymore.
One thing to note is that if I see the trade going in good profit and a strong momentum I'll add positions to that pair, and I'll keep adding positions to maximize the profit. The EA does not do this, it will only open one order per pair and if it goes in profit it will stay with one order, but with manual you can see the pair going into deep profit and add positions to catch more profits.
(while obvious for some) as being part of the original (manual) strategy.
90% of the manual working strategies started on FF...once an EA takes over (how beautiful coded it might be
) the original designer drops off and does not follow up his own trading system anymore.
I can calculate the movement of stars, but not the madness of men. Isaac N.
- #2,577
- Edited 7:37pm Jan 27, 2018 3:48pm | Edited 7:37pm
- Joined May 2017 | Status: Trader | 3,883 Posts
That's a first you mentioned this {quote} (while obvious for some) as being part of the original (manual) strategy. 90% of the manual working strategies started on FF...once an EA takes over (how beautiful coded it might be
Adding positions to an order is a part of a traders risk management, and not part of the strategy. Depending on ones free margin, and account situation, positions can be added on the right conditions.
I don't add positions on all orders I take, and I will monitor each order individually, and if so I add positions. This isn't a given rule of the strategy, but rather how a trader likes to manage their risk on their orders. Some traders like to play safe, and only place 1 order per pair, and some traders will open multiple orders if the pair is in profit.
This is not to do with the strategy or changing any of the rules. Cheers.
Truth is like poetry. And most people f*cking hate poetry.
{quote} FxMadness how have I dropped off or not followed up on my strategy or this thread? Adding positions to an order is a part of a traders risk management, and not part of the strategy. Depending on ones free margin, and account situation, positions can be added on the right conditions. I don't add positions on all orders I take, and I will monitor each order individually, and if so I add positions. This isn't a given rule of the strategy, but rather how a trader likes to manage their risk on their orders. Some traders like to play safe, and...
Do you still update and use the same stratagy as mentioned on the first page please
Warm Regards
Thank You
- #2,580
- Jan 28, 2018 6:58am Jan 28, 2018 6:58am
- Joined May 2017 | Status: Trader | 3,883 Posts
{quote} Dear Brother MRDFX , Do you still update and use the same stratagy as mentioned on the first page please
Truth is like poetry. And most people f*cking hate poetry.