DislikedThat's GBP/JPY. Thank god the EURO is not at 207 vs the Dollar.
That'd be something.Ignored
Heck, maybe I need to learn to write one myself.
polling ex-gamblers and non ex-gamblers 5 replies
Gamblers forex, stocks and futures strategy 52 replies
Gamblers live trades 91 replies
Gamblers live trades new system 54 replies
Gamblers carry trade system 5 replies
DislikedThat's GBP/JPY. Thank god the EURO is not at 207 vs the Dollar.
That'd be something.Ignored
DislikedNope sorry you're being wrong. It's not an IF A -> B System.
I decide based on my feeling for the market and what I see.
Good angle and speration of the MAs etc. pp.
EAs suck. At least that's my opinion everyone who thinks he can run a program that'll be profitable year after year should think twice.
Of course it be nice to let the computer do the work and you earn money doing nothing. But I'm not that kind of guy that like to live in his dreams.
I like getting stuff done!Ignored
DislikedI will keep on doubling the lot size every time I get a new signal until I am in profit. I have done a manual backtest at marketiva and it looks very profitable, and the drawdowns would not have been big.Ignored
DislikedHi members at forexfactory. I have just found a new way to trade this system. Instead of trading at the 5m and 15m timeframe I am going to trade it at the daily timeframe. I will hold on to a position until I am in profit or until I get a signal in the opposite direction. When I get a signal in the opposite direction I will close the open position and open a new position with double lot size. I will keep on doubling the lot size every time I get a new signal until I am in profit. I have done a manual backtest at marketiva and it looks very profitable, and the drawdowns would not have been big.
I am going to start with 1000 virtual dollars and in about one month I will let you know how profitable the system is.Ignored
DislikedEvery mathematical system that is based on luck will not be profitable on the long run. Doubeling up is a stupid idea. I think Alexander Elder discribed it in his book Trading for a Living. After 4-5 Losing Streaks you have lost twice the GDP of the entire world. ^^Ignored
DislikedI believe this is doable and probably profitable since reversals on the daily chart are rare events. I have a question. Would close any trade in profit on a daily basis and enter new ones? or let the original order run? If you will let run, when do you take profit?Ignored
DislikedThank you very much. I am going to try this system. This might defeat the purpose. Do you have limits at which you will take profits earlier assuming one were to check on the trades during the day?Ignored
Disliked
2 - The size of the candles and how far it has to go to give the setup.. on g/j. If the candle to show reveresal has to move 50 pips... there is no way I'm taking it.. that is too much risk for it to come back against me. If it has to move 20.... then were in business. This is do to the fact I use higher timeframe trends. So, if the m15 has already moved against the h1 trend for quite a bit of pips.. the chances are... it will not continue much longer and the h1 trend will then take over and reverse again in the oppposite direction.Ignored