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Synergy CRS

  • #221
  • Jan 21, 2012 10:15pm Jan 21, 2012 10:15pm
Nobody ever knows where it will retrace from, all you can do is try and protect your stop with a counter trend trade or just suck it up and take the loss.
  • #222
  • Jan 22, 2012 8:44am Jan 22, 2012 8:44am
bearish bias bro ? for me there is always bear and bull ......... where or when ....... there is the matter ....

Quoting mer071898
Nobody ever knows where it will retrace from, all you can do is try and protect your stop with a counter trend trade or just suck it up and take the loss.
not euphoria follower
  • #223
  • Jan 22, 2012 1:54pm Jan 22, 2012 1:54pm
Quote
bearish bias bro ? for me there is always bear and bull ......... where or when ....... there is the matter ....

Exactly my point, no one is capable of telling when or where a retrace will happen, if at all. Nor will they know how far a retrace may go, 76.4? 38.2? 86? who knows. All I am saying is that there are ways to protect your trade other than moving stops.
  • #224
  • Jan 27, 2012 2:05pm Jan 27, 2012 2:05pm
plz keep updating.

Really liking this thread

How does it goes this week?

Regards
PH
  • #225
  • Jan 27, 2012 3:54pm Jan 27, 2012 3:54pm
Quote
plz keep updating.

Really liking this thread

How does it goes this week?

Regards
PH

phneutral, the thread is kinda dying down as the strategy has been laid out and everyone is taking the time to learn how to fit this in with their own style of trading. I am going to start concentrating on another thread for a while, but I will keep updating my progress each week. Had a tough night last night with some whipsaw action from entry to the CT 1 about 4 times, but it eventually made a move up. I ended up about .4% down for the day, but it could've been worse. I'm up 1.3% for the month which is well below my goal of 8-10%.
  • #226
  • Feb 1, 2012 4:57am Feb 1, 2012 4:57am
mer! how the trading? something news ?
  • #227
  • Feb 2, 2012 4:21am Feb 2, 2012 4:21am
Hi Mer !!

you're not posted trading ideas regularly. You're trading system going positively !!!!
  • #228
  • Feb 5, 2012 12:13pm Feb 5, 2012 12:13pm
Sorry guys, I've been out of town taking some time away with my family. Trading is going so-so, I'm only up 1.79 % so far and I am thinking of making a few small changes to see if it will help. It's nothing to sneeze at though as that translates into over 20% for the year, realistically. I've also been having issues with FinFX with the platform freezing up during busy times and some slippage issues that are a concern and I am researching different brokers at this time.
  • #229
  • Feb 14, 2012 8:29am Feb 14, 2012 8:29am
sorry for asking,are this thread is still alive?

regards johnny,
  • #230
  • Feb 14, 2012 2:11pm Feb 14, 2012 2:11pm
As with most threads, this one has pretty much run it's course as everyone is using it in their own way now. I will be coming in to update the live account every month to keep everyone up to date, so keep checking in.
  • #231
  • Apr 21, 2013 9:31am Apr 21, 2013 9:31am
Quoting mer071898
As with most threads, this one has pretty much run it's course as everyone is using it in their own way now. I will be coming in to update the live account every month to keep everyone up to date, so keep checking in.
Get back in and don't let other opinions let your method die. thats why most traders fail. Been at this for 7 years now and still make a better percentage than the S&P 500 every year. Keep your chin up and plug along. Nothing beats support and resistance trading technically.
  • #232
  • Nov 24, 2013 12:21am Nov 24, 2013 12:21am
This method/discussion still alive?
  • #233
  • Last Post: Mar 8, 2015 6:43am Mar 8, 2015 6:43am
With the way the market is now this system is probably invalid now. It's basically a breakout strategy with a stop loss using the highs or lows of a previous day as the entry point. It's a strategy that to me says there would be far more losers than winners. Even if you're right and price ends up breaking the high and going up 100 pips for example, when you're dealing with a previous days high and low it seems natural to expect to see a retracement or bounce off of it in which case the stop losses used would be hit even if it ends up going your way after.
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