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The Killing Floor

  • #141
  • Jun 29, 2018 9:03am Jun 29, 2018 9:03am
long time no trade , i check back my account still active at fxcm ... will test this for gaining up my money , this time will take seriously because keep focus on bitcoin XD .. but this nice short term trade set up ..
  • #142
  • Jun 29, 2018 10:54am Jun 29, 2018 10:54am
Quoting Ivanyo
Friday evening - let's call it a day. Stuck in these trades much longer than I would've liked, time to keep improving next week. {image}
At least there's none at 2 hrs! Getting there!
  • #143
  • Jun 29, 2018 1:12pm Jun 29, 2018 1:12pm
Quoting Sis.yphus
{quote} You can stack into the same position, or stack into a new one based on a different ma and different cycle. The stacking is mainly done to increase your edge. I am going to do a post outlining what I mean by this and how MM and boost your edge once it's there. The key is, you need your edge to be there though. {quote} Possibly will be posting something like this relatively soon.
Chief,

Much obliged for going out of your way to help us...

Thank you so much...
  • #144
  • Jun 29, 2018 2:45pm Jun 29, 2018 2:45pm
@ sis yphus-

Yes I second that-- Really appreciate your work and time that you have shared with us

Thanks much
Live today like theres no tomorrow-- Prioritize like you will die today
  • #145
  • Jun 29, 2018 2:56pm Jun 29, 2018 2:56pm
Quoting Weyk
Guys you have the stats on how much pips and candles last the 200 cycle. With this data and rest you can build and tweak a strategy how you see appropriate. Just my two cents. Cheers.
MY two cents.... one must not look at abstract stats (like look at x number of candles to determine trade performance etc and then tweak the strategy to optimize it). If you do that, there is simply no connection with a "static" past candles versus a living and breathing organic environment when you open the darn trade. One must look at the "environmental" parameters that have the potential of impacting your trade outcome and only then look at your trade history to conduct post-trade analysis of hard data that is generated from your own strategy. This sh*it is important. We all tend to focus too much on price. There is a LOT that happens outside of price.

I posted this for a specific reason to come to this thread and demonstrate how important it is to do your own trade analysis. This thread is giving me further pointers to look into my losers and how to cut my losers BEFORE friday close. I will admit, I don't fully grasp the power of MAE and MFE analysis as I only focus on entry and exit % accuracy. I also feel these have to be done in near-real time as trade stats are being developed to adjust in real time.... the power of turning what SIS is sharing into ML/AI is TREMENDOUS !!! All the stuff I have read on FF regarding ML/NeuralNetworks are shit compared to just doing this analysis in real time. I just need a good coder to get this all automated as my skills are a bit limited to what I can do :-

Quoting Ivanyo
Friday evening - let's call it a day. Stuck in these trades much longer than I would've liked, time to keep improving next week. {image}
The meat is really in the EXITS...even without any edge in price setup with entries.
Staying in my lane...
  • #146
  • Jun 29, 2018 7:09pm Jun 29, 2018 7:09pm
I do lot mistake in past in forex trading , gaining back my confidence . I'm like lost lone wolf , but choose make new path be alive again .. This suffer teach me and this forex setup I saw this thread with purpose to try again .. I like trade short term because can catch more green profit and have enough time for my children (housewife)
  • #147
  • Jul 1, 2018 6:05pm Jul 1, 2018 6:05pm
Quoting thepip1111
I do lot mistake in past in forex trading , gaining back my confidence . I'm like lost lone wolf , but choose make new path be alive again .. This suffer teach me and this forex setup I saw this thread with purpose to try again .. I like trade short term because can catch more green profit and have enough time for my children (housewife)
Do not focus on profits - focus on improving your trading.
  • #148
  • Jul 2, 2018 6:39am Jul 2, 2018 6:39am
@all I really tried a lot to understand this system.. But i am not able to understand.. Can someone help me explain in detail with necessary indicators etc..

Thanks in advance
  • #149
  • Jul 2, 2018 7:07am Jul 2, 2018 7:07am
Quoting forexkarthi
@all I really tried a lot to understand this system.. But i am not able to understand.. Can someone help me explain in detail with necessary indicators etc.. Thanks in advance
Is it really possible too ask questions like that..There is no system here it is a underlying coversation here at a deeper level...not for all to be part of...
You win some you loose some do both with peace of mind
  • #150
  • Jul 2, 2018 7:07am Jul 2, 2018 7:07am
Quoting forexkarthi
@all I really tried a lot to understand this system.. But i am not able to understand.. Can someone help me explain in detail with necessary indicators etc.. Thanks in advance
All you need is 200 MA, 50 MA and 10 MA - read post#1
  • #151
  • Jul 2, 2018 8:37am Jul 2, 2018 8:37am
Quoting Ivanyo
{quote} All you need is 200 MA, 50 MA and 10 MA - read post#1
Thanks for your reply Ivanyo.. I read post #1.. What are these charts shown in the image actually?
  • #152
  • Jul 2, 2018 9:03am Jul 2, 2018 9:03am
Quoting forexkarthi
{quote} Thanks for your reply Ivanyo.. I read post #1.. What are these charts shown in the image actually?
I hope you don't take offence but I feel that if you are struggling with these basic concepts and unsure even of what's going on here, then perhaps this thread and method isn't for you.

However, WTH do I know.
  • #153
  • Jul 2, 2018 9:11am Jul 2, 2018 9:11am
Quoting lemercenaire
{quote} I hope you don't take offence but I feel that if you are struggling with these basic concepts and unsure even of what's going on here, then perhaps this thread and method isn't for you. However, WTH do I know.
You might be right
  • #154
  • Jul 2, 2018 9:19am Jul 2, 2018 9:19am
Quoting forexkarthi
{quote} You might be right
It takes a strong personality to realise that something isn't right for them and to walk away. No shame in that.

Look for something that depends on - for instance - a set pattern at a set time of day. Something repeatable. Begin with a method like that until you find your sea legs.

Perhaps 3 Little Pigs would suit. (I am not one for posting links - just pop it in a search engine and go from there).
  • #155
  • Jul 2, 2018 10:42am Jul 2, 2018 10:42am
Hi Sisyphus,

what is the highest drawdown you had using this system? I assume that could be high. If not you wouldn't give up leverage.
Can you deal with 3 SL in the row? Sooner or later it will happen. You would need 27 TP in the row to recover it (not incuding fees).
  • #156
  • Jul 2, 2018 10:47am Jul 2, 2018 10:47am
Quoting John.Doe
Hi Sisyphus, what is the highest drawdown you had using this system? I assume that could be high. If not you wouldn't give up leverage. Can you deal with 3 SL in the row? Sooner or later it will happen. You would need 27 TP in the row to recover it (not incuding fees).
1:1 leverage per order is about 0.3% risk for each order that takes a 36 pip loss. So 3 full stop losses in a row is 1%. If you stack properly, you can make up the lost pips on the next 2-3 moves easy.

The fluctuations are supposed to be small so you can trade often, because it's the CLT and Law of Large Numbers playing out over 1000s of trades that is actually going to make the difference, not the result of any one trade.
  • #157
  • Jul 2, 2018 10:59am Jul 2, 2018 10:59am
Quoting lemercenaire
{quote} It takes a strong personality to realise that something isn't right for them and to walk away. No shame in that. Look for something that depends on - for instance - a set pattern at a set time of day. Something repeatable. Begin with a method like that until you find your sea legs. Perhaps 3 Little Pigs would suit. (I am not one for posting links - just pop it in a search engine and go from there).
And this one ( closely related to Lem's suggestion)

http://www.trade2win.com/boards/fore...ng-system.html
every Saint has a past. Every Sinner has a Future
  • #158
  • Jul 2, 2018 11:09am Jul 2, 2018 11:09am
Quoting turnip15
{quote} And this one ( closely related to Lem's suggestion) http://www.trade2win.com/boards/fore...ng-system.html
Yes - that variant is very good for scalping.
  • #159
  • Jul 2, 2018 1:02pm Jul 2, 2018 1:02pm
LOOOL
You win some you loose some do both with peace of mind
  • #160
  • Jul 2, 2018 2:40pm Jul 2, 2018 2:40pm
Is there any reason why you use

TF 5M and MAs with periods 200, 50, 10

instead of

TF 1M and MAs with periods 1000, 250, 50?
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