just follow the trend and not fight it.
variety of resources what works and what doesn't 98 replies
EA works on one broker, doesn't on another 4 replies
If it works, it works... 3 replies
EA Works, Then Doesn't 1 reply
Why an EA works for some currancies and not others? 10 replies
DislikedThis is a trade I took... I saw gbp was being bought once London opened. But didn't want to chase a move. I waited for price to come back to where I thought the buyers were and I could control my risk. price came back and I got the entry i was looking for. Right where the buyers steeped in last time. I got 11 pips in 4 mins.. And was out before data was released. I took profit at apex top/ support resistance. I then shot my self up with some insulin, took a shower, and had a few shots of whiskey. {image} Ps. "Low vol move" means low volatility (small...Ignored
DislikedA simple little trade I have found to be nearly always profitable for both stocks and currency is this: If the entire body of a candle is outside the lower or upper Bollinger Band, it will move back in rather quickly. So if the entire body of the candle is outside the lower BB, I place a trade at the beginning of the next candle expecting the price to go higher. If the entire body of the candle is outside the upper BB, I place a trade at the beginning of the next candle expecting price to go down. It doesn't matter if the candle that is outside...Ignored
Disliked{quote} Hi MM, would you tell us little bit more about your trading? What's your preferred money management strategy (still 2 lots on 2.5k), what pairs you watch?How you monitor them? etc etc, Thanks.Ignored
DislikedI have done backtests of multiple systems trying to find what works and what doesn't work. The one thing I found is market likes to be efficient and doesn't like quick moves which are highly inefficient. Market likes to range 75% of the time So these quick inefficient moves often get faded right back into range. This is what my research has shown. If you have other research consisting of 1000 back tests in all market conditions please share! I'm looking for statistical proof of what works and what doesn't. Please post any research of 1000+ backtests...Ignored
DislikedI think simplicity is key. The idea that some can analyse complex strategies each day is too difficult. But if you have a simple repeatable strategy it'll work much betterIgnored