2019

Quoting tradeChaser

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Hayseed, I am looking at your pending orders, and I see your greatest Marty pending for AUDCAD at .9537. Looking at how the ZZs are shaping up, do you still feel bearish on this pair to average up that way? Weekly looking bullish above ATR, and structure along the ZZ bullish as well. I am just curious what about your rules is keeping you bearish here. No criticisms, just wanting to know the justification to enter those pending Sell Limit orders!

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Quoting tradeChaser

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I am just curious what about your rules is keeping you bearish here. No criticisms, just wanting to know the justification to enter those pending Sell Limit orders!

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Quoting hayseed

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{quote} //----- hey tc..... another way to look at it is that i'm 6 pips bearish...... if you were to look at the metrics of any explorer i've ever had, the average trade in pips would be between 6 and 10 pips...... my average lot size will be under 0.05 ...... it does not take long to double a 10k account with those average values..... or lose it all for that matter...... in one of the early metaquotes contests, teamsky more than tripled their account with only a 6 pip profit target...... all i need is 6 pips..... what i get is determined , in...

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Quoting hayseed

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{quote} //----- hey tc..... another way to look at it is that i'm 6 pips bearish...... if you were to look at the metrics of any explorer i've ever had, the average trade in pips would be between 6 and 10 pips...... my average lot size will be under 0.05 ...... it does not take long to double a 10k account with those average values..... or lose it all for that matter...... in one of the early metaquotes contests, teamsky more than tripled their account with only a 6 pip profit target...... all i need is 6 pips..... what i get is determined , in...

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Quoting tradeChaser

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I watched all of your vids for the little ones, and I was under the impression you opened at trend open, and closed at trend close..
//.....
your mentality of risk::reward

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Quoting hayseed

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the eurcad rose above it's daily 200.... fell back below the following day..... that was not the result of a technical rejection, it was fundamental news..... odds are most the eur pairs that fell today will retrace at least partially todays move..... h //----- {image} {image}

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Quoting tradeChaser

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{quote} Hayseed, Which indicator signal (from Post 1) helped you trigger these entries? Is it the H4 ZZ print?

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//----------
//----------  4 alma tsr cross
 
        
       if(almatsrzzb(symlist[i],tfs[j]))
       {      
       if(handle>0)
       {
       FileSeek(handle, 0, SEEK_END);
       FileWrite(handle,trend(syms,1440),tsrichi(syms,10080),almavsalma2(syms,10080),tsrichi(syms,1440),almavsalma2(syms,1440),tsrichi(syms,240),almavsalma2(syms,240),tsrichi(syms,60),almavsalma2(syms,60),syms,tfss,atr,tickvalue,lotsize,marginrequired,"alma tsr cross" ,"BUY","zigzag");                                                                                              
       }          
       }

Quoting hayseed

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hey tc..... it's easier to reply here and break things up by paragraph..... first paragraph...... lot size , the % you mentioned , pips and trade length will slowly increase beginning the first of this month..... second paragraph..... the varying methods is for a reason..... it's my belief that when trend trading, the actual signal itself is unimportant..... the actual signal is sent in the comments of the order just for sorting purposes..... in trend trading, the only thing that matters is the trend and how much is left, in bars and pips..... we...

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Quoting hayseed

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paragraph 4...... yes all trades should have multiple stoplosses..... the most extreme is usually 500 pips..... that is just for backup in case the ea's go down..... can't remember the last time i had a stoploss get hit.... the trades might close for a loss but rarely due to the stoploss..... pending orders should have the same targets because of the fifo rule.... i totally disagree with the fifo and no opposing trades rules here in the states...... paragraph 5..... to have long running orders you must start at the daily/weekly trends early stages........

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Quoting tradeChaser

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However, the % risk is what I am curious of. By definition, percent risk requires a predetermined exit to determine the portion of account willing to be forfeited. Do you have that, or do you really let. Trade stay red until it turns? FIFO rules would seem to restrict creativity here.

Secondly (still first paragraph ), you mention “Trade Length” increasing. I see a lot about your videos saying keeping in mind what you need for a simple 1%. This beats a savings account and can be as little as a handful of pips. That said, even though...

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Quoting hayseed

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{quote} //---- hey tc....... more good questions....... no, in the conventional sense, i do not in any way think of %risk or risk to reward...... i assume every trade will win..... my win rate tends to be in the mid 80's..... fifo costs me about 5%..... average losing trade on this account is -9$..... a trend trader might know what he is willing to lose, but never knows what trade might make.... so a true r:r can not be...... can clearly see the tsr turn lime, but never really know how long or how many pips it will be...... the trades close on the...

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Quoting tradeChaser

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1) if you have 80% win rate, wouldn’t completely stepping back in timeframes have an unwanted effect on winrate? I know markets are fractal, but even so, the larger TF and targets are far more susceptible to real fluctuations. It seems your method would increase your risk doubly, as you would increase your lot size and increase time in trade.

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Quoting hayseed

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simple example of trade 2 signal 2.....h //----- {image}

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