paulus please if you can contact me at [email protected] i need to speak to you about this system...
thanks in advance
thanks in advance
How to use the 9/20 EMA setup effectively 162 replies
Scalping the EUR/GBP effectively - Forturama 158 replies
Dislikeddemo accounts can always be renewed, but not your capital
why not just demo (using your risk capital as the nominal demo amount) for a couple of months until completely comfortable with it and then go live... there is no expiry date on the fx marketIgnored
DislikedAlthough I can not speak for Paulus, I doubt he wants to start giving us all private tutorials.
We all owe a huge thanks to Paulus for sharing his expertise, and I think to ask him to give private lessons is going too far.
As I see you are fairly new to forexfactory, I guess you don't understand how tiring it can be to support a thread and answer all the questions that are posted publicly....to start answering questions privately may be the straw that broke the camels back
Best wishes for the holidays.Ignored
Dislikedso here we are this chart is from yesterday trades i made on G/U so I wake up at 7am and spoted the trend for the asia session up trend so loocking for shorts ...
07:15 we got the 1
07:40 the 2
07:50 the 3
and the open of the trade was at :08.02
this one gone pretty well and pretty quick nice trade here.
well then if a short is filled we begun loocking for longs
so we got the 1 at : 08:50...Ignored
DislikedRegarding your question about being stopped out on your second trade........
You have to remember these markets during this time of year are NOT the norm.........
Liquidity is thin and prices are easily manipulated.
Price action will return to more normal cycles after the new year.
During the holidays you should be doing what the big dogs are doing..... Enjoy your time off, Enjoy your family, Enjoy your blessings.Ignored
DislikedI need to clarify some thing here which I thought was obvious and haunt happened a great deal so its not really come up but have had an email from some one who had my address before i closed out email and Pvt messages
If we go short and that fails its because the price has broken our Stop loss which is point 1
As we know an up trend makes higher highs and higher lows so if our SL is hit on a short we can assume that the current trend made a higher hi and the trend is still in tact
Price made a higher hi
And that higher hi broke our...Ignored
yes 2 trade so far -25 on EU and +11 on GU
Because of my MM trade twice as many contracts ( £'s) on GU compared to EU so currently approx flat for the day
The thing about this MM is having
1 loser at 50 and
4 winners at 10 overall in the stats may look good..5 trade 1 loser 80% strike rate....but you lost 10 pips overall
If I have a loser for 100 pips I know my next trade if a winner not matter what the TP will bring me to break even
DislikedMerry Christmas everyone:
Hope you all had a nice holiday. Paulus, quick question please, I understand you start at 2AM EST looking for the trend, but what if you miss the start and look at charts later in the day, or even during the NY session, how do you determine what the trend is so you can then start trading, long short, long short, etc? Hope this questions makes sense. Thanks again for everything.
DislikedSet my SL at 38.2 and my TP at -61.8 for slightly better than 1:1.Ignored
DislikedHi there pres78
Best of the holidays to you.
I noticed that you are trading the EURCHF
I am curious, do you scan various currency pairs looking for a good looking set up?
In my own developing trading plan I was thinking of just watching one or maybe two pairs......but I also know that some 123's look better than others......which then makes me think that scanning numerous pairs looking for the best looking 123 is another alternative?
May I ask why you choose the EURCHF?
DislikedI am short EU and GU
GU from 1.5423 I actually got to 1pip of TP and then it rallied slightly
EU short from 1.3148 and bumbling around just in profit
will answer question on MM a little later