got stoped out GY -100 pips
that happends for not puting the SL in the right place
that happends for not puting the SL in the right place
Swing trading with Andrew's pitchforks and volume analysis journal 1,692 replies
Forex Trading: Incorporating Price Behavior into a Forex Trading System 4 replies
andrew pitchfork 9 replies
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Dislikedgot stoped out GY -100 pips
that happends for not puting the SL in the right placeIgnored
DislikedHi, oleevier! In your case the entry order could be placed on the previous rebounce before that rapid and short growth of the price (because the blue dot of the Nonlagdot was on the Supertrend line at that time and the local up trend has been finished its forming).
As I said earlier, one should try to place tight stop-loss orders in such market situation when the price goes out rapidly far away from the Supertrend line. Also the proper money management should be taken into consideration in every time of trading.
N.B. After a short retracement...Ignored
DislikedHello Andrew.
Secondly, can you please share the buy/sell indicator you are using?
Austin.Ignored
DislikedAndrew has put a lot of effort into this and I appreciate that. But could someone explain why they think this strategy would be more successful than just trading a simple moving average crossover and taking only trades with the major trend? I see lots of whiplash losses looking back at charts. I know forward testing on a demo over a long period would tell you. Has anyone been trading this strategy with good results since the thread started in January? thank youIgnored
DislikedAndrew has put a lot of effort into this and I appreciate that. But could someone explain why they think this strategy would be more successful than just trading a simple moving average crossover and taking only trades with the major trend? I see lots of whiplash losses looking back at charts. I know forward testing on a demo over a long period would tell you. Has anyone been trading this strategy with good results since the thread started in January? thank youIgnored
DislikedAustin, Go here to download the indicator - http://www.forexfactory.com/showpost...&postcount=107Ignored
DislikedAustin, Go here to download the indicator - http://www.forexfactory.com/showpost...&postcount=107Ignored
DislikedHi Andrew, i took a long trade on USDCHF on 30 min TF today.
However it went south..
I went in because :
- Super trend is green
- Non Lag Dot is blue
- broke the high of the extrema candle
Could you tell me where i went wrong?Ignored
DislikedYou went wrong because forex is random, yet no one seems to be able to stop themselves from succumbing to living in hope that somewhere in it there is reason logic and sense and they'll find it.
And they keep searching.. and losing their money.
Get it into your head: FOREX is random and unpredictable!
If there were rhyme and reason to it, everyone would make money, which is a contradiction in itself and impossible.
The only thing that's predictable about it, is that you will lose your money!Ignored
Dislikedmost complete and utter rubbish I have ever read.
The why you think Tahiti you certainly are destined to loose in Forex.
I use Andrew Forex but I backup my trades through charts.
Here is my GY pair analysis.
Attachment
does the movement looks Random to you ?
to me is looks anything but random.
my message to newbies is Learn to read the chart.
Its an art and it takes time.
you will get there just if you have passion and a desire to succeed
you will get there.
if you want know anything more PM me.I am not going to boast about my...Ignored
Disliked
Why don't you restore the faith of all newbies and post your 3 month trading statement to verify that it is possible to be consistently profitable in forex.Ignored