DislikedHi
Which charts do you recommend to use for this system. I have been using over lay chart indicator but I am not very happy with itIgnored

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DislikedHi Dreamliner,
I just opened this thread for the first time. The first line says that you are not using this on live accounts not as stated in Post 470.
But I also saw your comments later on after that post. Are you still using the setup suggested in post 1.
The reason I ask this question is that if post 1 is still correct then i will read the thread from start else i will read the thread from post 470 onwards.
ThanksIgnored
DislikedHi Ashish, I am indeed using this method, and made nearly 70% just this week with it.
The reason I posted not to use it live is because this system is a "no-loss" system, at least the way I have described it (others obviously may trade it differently) and because of that there is no "exit" described, per se. The exit is "when in profit" so there is a risk of losing your account if trading it as I teach in the first post.
Basically, I want to discourage newbies from jumping into a live account because they see "no loss", without knowing...Ignored
DislikedWould it be possible for you to post all of your trades next week? I've done well, but you're doing better!Ignored
DislikedHere some data to look over if you guys are interested. It takes the 5M close from the GBPUSD and subtracts it from EURUSD. The graph shows the delta range over the last 600+ 5M candles. It would seem that an entry could be made long with both pairs when the value is < .1900 and short when > .2000 and close when in profit. Just a thought...Ignored
DislikedHere you go DL... 30M close EURJPY vs. USDJPY on ~ 2000 data points.Ignored
DislikedDo not trade this method live, until you have read the entire thread.
Greetings,
Several on here are posting hedging strategies, so I thought I would post one I have been trading for about a week. It has all been positive because I do not use stop losses. I am posting this here because people are usually able to pick holes in the strategy and show where it would fail, and I want to know this before I keep trading it. Here it is:
1. Go do dailyfx.com and click on "charts" and "live charts" and open up a EUR/USD.
2....Ignored
DislikedI tried this idea.
I got killed.
It's a SPREAD- not an arbitage!
The spread can either get bigger or smaller.
There is NO way of knowing.
It's just gambling.Ignored
DislikedHi,
Thats great - Can explain how you export the data into excel?
thanks
RedIgnored
DislikedAhem... however you want to dress it up trading=gambling so you,ve failed at this method and will try others no doubt...
You can chart spreads like any other instrument to get a feel of how it moves, nobody knows for sure how any pair or index moves or we'd all be millionares...Doh!Ignored
DislikedWhy are you closing at a loss? Why not hold on until a profit? To each his own I guess, but I don't close until in profit. It's up to you.
It takes experience to know how much of a gap is a good entry. After awhile you can just spot it by eyeballing it. Like yesterday, that was the biggest split I have ever seen, it happened within an hour, and there was just no way to lose on that one.Ignored
DislikedT.E. Lawrence, are you still doing the 1 minute scalping with this system? If so, how is it going?Ignored