lower timeframe, but worth a look to watch what happens at any rate. Pinbar into known support.
aud/jpy 1 hour chart
aud/jpy 1 hour chart
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Silent room 2 replies
Silent Success of Patience 10 replies
My silent journal 4 replies
bo7a method... method for GBP/JPY 205 replies
Seeing Through the Silent Crash 4 replies
Dislikedlower timeframe, but worth a look to watch what happens at any rate. Pinbar into known support.
aud/jpy 1 hour chartIgnored
DislikedThis week there were so many setups which worked with the strategy.
A lot of trades went well - at least until now. There can happen some times in which this strategy works well and other times when the strategy maybe gets some problems.
So I think it is important to learn strategies which are anti correlated...Ignored
DislikedBy the wording of this post, I can only conclude one thing:
"But I am sure that the strategy presented here works fine alone, when you set your risk at a medium or low level."
This says that there are times when using a high risk are alright. That is never true, and the first time you go to that.....you are in trouble. I can only assume you tried to leverage your trade on a fairly high percentage?
I have the EUR/AUD trade that is working fine.....NZD/USD is in a drawdown, but that's monthly.....and I shorted CHF/JPY which is alright,...Ignored
DislikedActually I refer to the "Silent Service Method" Strategy and other strategies, which do not have anything to do with the way we are talking about here.
I think when somebody wants to increase his risk to high risk, he needs to diversify the risk into different anti correlated strategies that his drawdown gets reduced. That means for me e.g Silent Service Method, EAs, Volume, Scalping. If one has some different strategies which are anti correlated you do not have to worry so much when one strategy fails (for short time) because it is compensated...Ignored
DislikedHow can you determine the degree of correlation between these different strategies?
My two cents is to focus on one method (the best one imho Pring/J16/Clockwork71) and perfect it.
Skipping back and forth between different strategies doesn't sound optimal to me (I've been there...)Ignored
DislikedI think when somebody wants to increase his risk to high risk, he needs to diversify the risk into different anti correlated strategies that his drawdown gets reduced. That means for me e.g Silent Service Method, EAs, Volume, Scalping. If one has some different strategies which are anti correlated you do not have to worry so much when one strategy fails (for short time) because it is compensated by another.Ignored
DislikedI think what is confusing to me and other people who post on this thread is what exactly you mean by high risk....Ignored
Disliked....Skipping back and forth between different strategies doesn't sound optimal to me (I've been there...)Ignored
Dislikeddefinitely, every trader has a timeframe(s) they are comfortable with. Just watching the reaction in this areaIgnored
DislikedTurns out, this played out pretty well, and returned to where one might expect.Ignored
DislikedIt popped... just in the wrong direction.
http://i437.photobucket.com/albums/q...01-13_Corn.png
That comment should end "...before initiating a position."...Ignored