DislikedA stripped down Ichimoku ? https://www.youtube.com/watch?v=5a8oHcG1DUc (Ignore other content about algo's etc.) -Ignored
Trading System using Awesome Oscillator 48 replies
Question on Awesome Oscillator 4 replies
Platforms w/ 'Chaos Awesome Oscillator'? 7 replies
Awesome Oscillator 1 reply
Trade Awesome Oscillator Divergences! 7 replies
DislikedA stripped down Ichimoku ? https://www.youtube.com/watch?v=5a8oHcG1DUc (Ignore other content about algo's etc.) -Ignored
DislikedI would bet anything the prior video speaker doesn't trade for a living, or retirement enhancement, as RP does. He's spent all of his time polishing his presentations for YouTube subscribe numbers income and who knows what else he happens to sell. I would say no serious non-retired day trader would ever touch Forex. There's just ridiculous levels of money that can be made in very short amounts of time-in-the-trade on the 1-5 min timeframes e-mini futures, especially the NQ (YM and RTY also, Crude (CL) has many good moves now too). One NQ contract...Ignored
DislikedThis a first post on a new thread that is an off shoot of big income from a small account-m1 trading system. I will begin posting my trades here next week. Just so every one know and understands i have no interest in selling any trading systems, signals or mirror trading services. This thread is solely for helping each other with what can be a very frustrating hobby/business trading. The system template is simple. Candles, use i/2 min or range bars indicators: Ichimoku cloud settings 9, 16, 52 awesome oscillator std. Settings below is image of what...Ignored
DislikedBreak even +1 today. Circles show entry/exit points. As I've been doing, I do 1 trade a day to manage overtrading and also because it's late here in Australia and I don't stay up all night to trade, so there' always another entry tomorrow. The trade went to approximately 11 or 12 pips in my favour before retracing back to entry point and stopping me out. I will continue to trade this way for a few more trades and determine whether I am setting my stops too tight but would be good to hear from the other frequent posters of this thread to see their...Ignored
Disliked{quote} Hi Ivanyo, I admire your discipline.Being able to stick to one trade a day.However, for me it is too restrictive. Personally, i have a daily stop loss of 4 % per day.I f i lose 4 % i quit trading for the day.Helps not to over-trade. On the stop loss level, journal your trades and see what works and what doesn't.Assuming you begin trading full lots, would you be comfortable having a 12 pip Stop loss or bigger? Personally, i am testing a new break even rule of 12 pips per trade( i saw this from a successful trader on another thread). My initial...Ignored
DislikedI would bet anything the prior video speaker doesn't trade for a living, or retirement enhancement, as RP does. He's spent all of his time polishing his presentations for YouTube subscribe numbers income and who knows what else he happens to sell. I would say no serious non-retired day trader would ever touch Forex. There's just ridiculous levels of money that can be made in very short amounts of time-in-the-trade on the 1-5 min timeframes e-mini futures, especially the NQ (YM and RTY also, Crude (CL) has many good moves now too). One NQ contract...Ignored
DislikedWith regards to chart size, I started using only 5 pips for every pair but over time realized this would not work for my money management strategy. I look to the typical 4hour ATR for guidance. It can range from 40 on the AUDUSD to 180 on the GBPNZD. My general rule is to take that number and divide be 20. From here I have 4 templates of specific bar sizes. All indicators are the same. For example AUDUSD would be viewed on the chart with the 3 pip bar size and GBPNZD would be viewed on the 10 pip chart. Each template in turn decides what my fixed...Ignored
DislikedI took on board some of the suggestions and will limit myself to 10% a day risk. I'm trading with a relatively smaller account so this is acceptable for me. As it grows, I may tone down the risk a bit. First DAX trade today has not worked out - I can't really see too much wrong other than just being unlucky but happy to hear other people's thoughts. {image}Ignored
Disliked{quote} Hi Ivanyo, It is extremely important to have trading rules in place now that you will also use when you have a bigger account. To try and change later, is difficult. A 10% max drawdown is huge methinks. However, feel free to experiment........Ignored