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Trading is as simple as 1-2-3

  • #8,081
  • Apr 8, 2019 7:25am Apr 8, 2019 7:25am
System is very simple but promising.
  • #8,082
  • Apr 8, 2019 10:15am Apr 8, 2019 10:15am
CJ watching it has filed broking yestrday high!
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  • #8,083
  • Apr 8, 2019 10:41am Apr 8, 2019 10:41am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,084
  • Apr 8, 2019 11:39am Apr 8, 2019 11:39am
Quoting TooSlow
{quote} What do the rules say?
The rules appear to say "what a wonderful trade." I was hoping for a discussion, but never mind TS.
every Saint has a past. Every Sinner has a Future
  • #8,085
  • Apr 8, 2019 11:52am Apr 8, 2019 11:52am
Quoting turnip15
{quote} The rules appear to say "what a wonderful trade." I was hoping for a discussion, but never mind TS.
You misunderstand, T.

The Rules.

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We have always adhered to the ideal that having traders new to the method run-the-rules is the best way to build their confidence both in the method and in their own decision-making.
  • #8,086
  • Apr 8, 2019 1:10pm Apr 8, 2019 1:10pm
Quoting lemercenaire
{quote} You misunderstand, T. The Rules. {image} {image} We have always adhered to the ideal that having traders new to the method run-the-rules is the best way to build their confidence both in the method and in their own decision-making.
NO Lem - I was hoping for a discussion rather than a referral to the rule book. But no matter.
every Saint has a past. Every Sinner has a Future
  • #8,087
  • Edited 11:31am Apr 9, 2019 3:01am | Edited 11:31am
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Short GJ +5 locked got in way late but managed. +100, 20 trailer on
  • #8,088
  • Apr 9, 2019 3:47am Apr 9, 2019 3:47am
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Long EJ +5 locked
  • #8,089
  • Edited 5:14am Apr 9, 2019 4:09am | Edited 5:14am
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Short GU +5 locked +24, 10 trailer on
  • #8,090
  • Apr 9, 2019 7:23am Apr 9, 2019 7:23am
My favourite from The Weird Bunch does the trick once more. Double-Dip.

Ran a counter on the first as it just took my stop-level. Added a couple on the return in the original entry direction, so all-in, any damage was handled and smothered.

I've decided that not running 1-2-3 on this is costing me too much in the bank, so I will be adding it back into the stable again as a full time runner. Stupid not to.

I'll even get round to adding the indicator at some point, lol...

Oh and it's still running, by the way. can't ask for a better day.

DAX H1 Double-Dip.

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  • #8,091
  • Apr 9, 2019 7:24am Apr 9, 2019 7:24am
Quoting lemercenaire
My favourite from The Weird Bunch does the trick once more. Double-Dip. Ran a counter on the first as it just took my stop-level. Added a couple on the return in the original entry direction, so all-in, any damage was handled and smothered. I've decided that not running 1-2-3 on this is costing me too much in the bank, so I will be adding it back into the stable again as a full time runner. Stupid not to. I'll even get round to adding the indicator at some point, lol...[/highlight]...
If it keeps punching down the way it is, I may get in on the way back up too. Or would that be greedy?
  • #8,092
  • Apr 9, 2019 7:31am Apr 9, 2019 7:31am
Quoting lemercenaire
{quote} If it keeps punching down the way it is, I may get in on the way back up too. Or would that be greedy?
Greed is good.
  • #8,093
  • Apr 9, 2019 7:33am Apr 9, 2019 7:33am
Quoting lemercenaire
{quote} If it keeps punching down the way it is, I may get in on the way back up too. Or would that be greedy?
Oh yaaaaaaaasssss!!!

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  • #8,094
  • Edited 9:07am Apr 9, 2019 8:38am | Edited 9:07am
Long UC closed for +10, left 20 on the table
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  • #8,095
  • Apr 9, 2019 9:15am Apr 9, 2019 9:15am
The daily high low Forex trading strategy is based on a simple concept: if price breaks yesterday’s high or low, it will most likely continue in that direction of breakout.
  • #8,096
  • Apr 9, 2019 10:58am Apr 9, 2019 10:58am
Quoting keshan
Long UC closed for +10, left 20 on the table {image}
Yeah but you banked +10. Traders' remorse should be no part of you. More trades (and accounts) have been lost because the trader waited on ''just one more pip'', only to have it turn and burn them in the blink of an eye.

Well done. Move on to the next one.
  • #8,097
  • Apr 9, 2019 11:05am Apr 9, 2019 11:05am
Quoting lemercenaire
{quote} Oh yaaaaaaaasssss!!! {image}
Heck of a day.

DAX H1

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  • #8,098
  • Apr 9, 2019 12:12pm Apr 9, 2019 12:12pm
Quoting turnip15
{quote} NO Lem - I was hoping for a discussion rather than a referral to the rule book. But no matter.
What is there to discuss? The rules are simple. If you follow the rules, you will usually make more than you lose.
Take 10 trades on a single pair. Risk $1 per trade. Either you're willing to learn or not. Which is it?

Concentrate on trading rather than banter.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #8,099
  • Apr 9, 2019 12:48pm Apr 9, 2019 12:48pm
Quoting TooSlow
{quote} What is there to discuss? The rules are simple. If you follow the rules, you will usually make more than you lose. Take 10 trades on a single pair. Risk $1 per trade. Either you're willing to learn or not. Which is it? Concentrate on trading rather than banter.
I like banter between trading. I also like discussion, which is a part of learning for many -You do not have to join in T.
every Saint has a past. Every Sinner has a Future
  • #8,100
  • Apr 10, 2019 4:19am Apr 10, 2019 4:19am
Bagged this as a HOLO but just for info's sake, it would have made a valid 1-2-3 as well.

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One thing to watch with this pair however, is the fact that the spreads are, to say the least, borderline workable.
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