never mind, just kidding, I meant a kool one, not a smooch.
ROFL
Hello World!
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Dislikedthats my boy, u deserve a kiss from my GF
never mind, just kidding, I meant a kool one, not a smooch.
ROFLIgnored
DislikedThanks for the reminder but I'm a trader who trades what he see's on his chart and don't bother to think what will the Fed or Bush will say.Ignored
Dislikedguys/gals,
currently my m1, M5, M15 & H1; RSI & Stoch showing over 70's & 80's ...careful:
let's pray it will stay thereIgnored
QuoteDislikedDon't be jelaus
Dislikedguys/gals,
currently my m1, M5, M15 & H1; RSI & Stoch showing over 70's & 80's ...careful:
let's pray it will stay thereIgnored
DislikedThese day with high volatility it's not a good deal to look at RSI, just my 0.02
BTW, i'm looking for a minor retreacement to buy some moreIgnored
DislikedUS$ index multi year low is 78.33 on 9/1/92 which my data covers back to Sept '87
Todays low is 78.57 so a bottom, even if only short term, may be approaching.Ignored
DislikedYesterday, i got stopped out on GJ by 1 pip, and i thought "again??? ok... i had enough"
Just by curiosity i went to check how much trades did i lost getting hit by 5 pips or less, with 50+ stops, in the August and September....
71%... and 77% if i count a 10 pip difference between SL and rebound.
Ok... thats it! I'm switching to Daily Charts...
The difference of opinions between Asian/US/Europe Sessions are getting worst and worst. I can't stand to be right in direction and lose with mind blowing stop and reversals caused by indecision between sessions.
The price just stops away from any logical barrier sometimes, what means no clear Sl hunt and then reverses randomly.
I know how to enter on daily charts, but i dont know how to determine good SL.
Bullrock can you help me on that? You trade Daily/Weekly charts right?
Yes, right I am trading off the daily charts.
How do you determine your stops without looking to H4 charts? Daily 5 sma/emas? Previous days lows/highs?
None of them. I have statitical calculations reagarding this. For example say that the system always enters into buy when the previous bars high is highe than the one before and the previous bars low is higher than the one before. Enter trade at the open of the day. That is how I accumulate. Every day add a new one if bar is ok based on conditions. Then I have statitical calculations (probabilities) of various price levels up and down. I know for example that in case of the GU the price goes from open 40 pips in 60% of the cases but drops from open 40 pips only 55% of the cases. You figured out.. I have done these calculations from 10 to 200 in 10 pips increments. I have chosen a time span. Say 1 year and I redo these calculations every day with the new information. This is the way I work.
Just by curiosity. How many times do you add lots to winning positions, based on EU or GU bull runs that we have seen in the last months?
Previous answer. Daily.
For example, how many times did you added lots on the last 1000 pip GU bull run?
I have missed that unfortunately but based on my current system that I have developed for the last 4 months and i have finalised 2 weeks ago I would have added every day when conditions are met. Also for example the 40 pips are understood for the daily trades the position trades SLs are below the previous bars lows.
Thanks in advance.Ignored