Disliked{quote} I only use MA - Break out and PA and TA. I cannot explain further as I trade in a family agreement. Except - Not all sessions, weeks (on a selected FX, Index, etc) are tradeable. The brutal true is - trading crap conditions leads to crap returns. Its very easy to give back all gains with a breakout strategy. Have a ruthless-ruthless strict limit on how much to spend each session and week. Work out a minimum most likely (not impossible)weekly target. If trader does better than minimum most likely target - great - extra bonus. If trader does...Ignored
I will code your EAs and Indicators for no charge
- #24,766
- Jun 26, 2018 5:29pm Jun 26, 2018 5:29pm
- Joined Feb 2012 | Status: Trader | 3,923 Posts
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
- #24,767
- Jun 27, 2018 2:18am Jun 27, 2018 2:18am
- Joined Aug 2015 | Status: Coding Magician | 2,676 Posts
Vucking good EA coder... https://t.ly/AZjRM
- #24,768
- Jun 27, 2018 2:22am Jun 27, 2018 2:22am
- Joined Aug 2015 | Status: Coding Magician | 2,676 Posts
Vucking good EA coder... https://t.ly/AZjRM
- #24,769
- Jun 27, 2018 3:26am Jun 27, 2018 3:26am
{quote} I put the indicator on the chart but the entires doesn t seem good at my poin t of view...which parameters do you use and can you show some trades = results?
- #24,772
- Jun 27, 2018 5:29am Jun 27, 2018 5:29am
- Joined Feb 2012 | Status: Trader | 3,923 Posts
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
- #24,779
- Edited Jun 28, 2018 3:25am Jun 27, 2018 3:30pm | Edited Jun 28, 2018 3:25am
- Joined Feb 2012 | Status: Trader | 3,923 Posts
{quote} Phylo , Yes very true what u say , 99% indicators are so shite , I have just stopped and now i am using 2 moving average and seems to do the trick , Only start it recently , Indicators fucking me around so much , i am stopping it , Will what i can make from now on , For me it is virtually impossible to read P A alone as i cannot hear Webcam and cannot understand reading it although i am bookworm , , Now on i will be sensible and trade that charts all the way , Thanks Phylo for making me realise better, I say i am going to make it , In South...
Here is finish answer of today (2018-Jun-27) question. -
I use MA classes (a curved line) and Break Out (a straight line) and PA and TA.*[see last chart] All the other stuff I don't understand.
I've seen and walked in other corners of the world besides the UK Island. I am aware many trader are struggling trading wise and struggling cost money. Money they and their families may find tough to part with. Some may benefit. These are also reference notes to correspondence outside FF.
Every trade has a cost in spread, commission, swaps etc. So to trade the trader must first buy a ticket for entrance. Just like the films - one buys a ticket, the doorman clips the ticket, we go in to see the film.
So when a trader opens a trade the trader buys a ticket of entrance. Hence every trade has a ticket identification number.
If the trader buys a bad trade the trader is going have a loosing experience - unless the trader cuts losses.
It the trader buy a good trade the trader stands a better chance of having a winning experience.
New traders need to learn how to identity good trades and identify bad trades fast and quickly throw away bad trades and cut losses. small hint, cheap poor man's way - study historic day to day, week to week charts (every time frame, especially preferred timeframe).
This identification process takes skill, education, mathematical risk calculations and more - and practice, practice in a demo account until all skills are proven.
New traders expect a system to work every day in every market condition and complain like hell when it does not. Here's reason. If one has a super fast Ferrari its ideal for city and smooth open roads not the the African Bushveld. When markets conditions change from smooth open road to bumpy African Bushveld stay out of the markets or get a 4 x 4 Jeep system.
If the trader has money and £100 or £1,000 losses per day or week or months is just ice cream money, hey who cares. How people spend their money is their business.
The sad fact is there are too many traders who do not have spare cash to loose, are totally lacking in trading know-how and risk management education (the boring stuff) but are trading live in total dark ignorance on a hope and a dream and desperations. Their primary momentum is blind desperation - not acquired skill and prepared education - They will not make it. They will impoverish themselves and their families further.
Here is today market conditions GER30 update that illustrate MA, Break Out, PA and TA. Note: Today market conditions were ideal, tomorrow market conditions may be unacceptable.
The drawings on the chart is overkill. Trader does not necessary sit scratching gray TA lines and red arrows on the trade chart. That's for off market chart analysis. Practice, Practice, Practice. Then just see in mind as the trade chart builds up.
Today - happening now (was) - check your terminal - 2018-Jun-27 [https://www.forexfactory.com/showthr...#post11203383]// Does not have to be complicated - just don't trade choppy markets and if the break out is not clean, dump it - move on to next. *[MA, Break Out, PA and TA] Pink Horizontal Line: 08:00 open // Blue Horizontal line: 13:30 open (Time: London BST)
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
- #24,780
- Jun 27, 2018 4:03pm Jun 27, 2018 4:03pm
- Joined Feb 2012 | Status: Trader | 3,923 Posts
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**