DislikedHi all, I'm confused... I wonder what's the core of this system? why open so many trades? Use volume profile to determine a key level to gain an edge? Best regard!Ignored
Man, how do you place the trades? On Page #1 you said. that you follow the trend, the chart (NZDUSD M15) is clearly UP/Up trend and you are placing
Sell-STOP How is this "following" the trend?
Do you place 1 Trade per Pair every day? Or how else you count 200 trades per week?
So basically you shooting Buy Higher Sell lower and hopping for profit some how?
Like Shoot first, ask questions later?
hmm, Interesting..
Sell-STOP How is this "following" the trend?
Do you place 1 Trade per Pair every day? Or how else you count 200 trades per week?
So basically you shooting Buy Higher Sell lower and hopping for profit some how?
Like Shoot first, ask questions later?
hmm, Interesting..
- #124
- Nov 23, 2018 7:04pm Nov 23, 2018 7:04pm
Man, how do you place the trades? On Page #1 you said. that you follow the trend, the chart (NZDUSD M15) is clearly UP/Up trend and you are placing Sell-STOP How is this "following" the trend? Do you place 1 Trade per Pair every day? Or how else you count 200 trades per week? So basically you shooting Buy Higher Sell lower and hopping for profit some how? Like Shoot first, ask questions later? hmm, Interesting..
All the trades are placed by an EA.
{quote} By following the trend, I don't mean follow the current trend. I mean follow the current trend with a pending order and catch the swing on the way down. This method of entry isn't anything special so I don't know why some are focusing on this. All the trades are placed by an EA.
need to be in some kind of trend to place pending below if moving up or above if moving down, to catch a swing.
Yeah just stick them there and see what happens at the end of the week... Will try that on Demo...
- #127
- Nov 23, 2018 8:50pm Nov 23, 2018 8:50pm
{quote} Got it bro, thanks... And how periodic? It's just ones per day per pair? Or whatever some condition met? I bet pair need to be in some kind of trend to place pending below if moving up or above if moving down, to catch a swing. Yeah just stick them there and see what happens at the end of the week... Will try that on Demo...
- #129
- Nov 23, 2018 9:00pm Nov 23, 2018 9:00pm
Here's a large downtrend so it could be a nice movement up. But for a better entry, you could use a buy limit at 23.6%. There are many examples, just look for a trend in one direction and stalk it for the swing down. But do not enter too early because otherwise you're counter-trending which is scary.
- #130
- Nov 23, 2018 9:15pm Nov 23, 2018 9:15pm
{quote} Got it bro, thanks... And how periodic? It's just ones per day per pair? Or whatever some condition met? I bet pair need to be in some kind of trend to place pending below if moving up or above if moving down, to catch a swing. Yeah just stick them there and see what happens at the end of the week... Will try that on Demo...
- #131
- Nov 24, 2018 2:42pm Nov 24, 2018 2:42pm
- Joined May 2008 | Status: Trader | 1,158 Posts
the holding period of only 5 days is only there because my broker has a 200 limit and 34 pairs are being traded. If the limit was 400 then I would look to hold for 10 days or 2 weeks. Generally speaking, the longer the better.
would it not be easy to open more accounts with your broker, so that you can hold your trades longer?
- #132
- Nov 24, 2018 2:56pm Nov 24, 2018 2:56pm
{quote}
I currently have the 0.5K on TE for this system. This one I'm planning to compound at 20% intervals. I'll try to make another 0.5K and hold it until the 200 broker maximum is reached unless some pairs have reached their local maximum and can be pruned in order to keep the positive equity system going.
- #140
- Nov 27, 2018 5:56pm Nov 27, 2018 5:56pm
- Joined Apr 2013 | Status: Trader | 1,592 Posts | Online Now
