EURUSD

Quoting almo

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Whoa! Finally a post with some meat!


Ok, I'm all ears Chicky. Difference between 9 and 10 is 1 - but that implies 50% win rate, and your saying your doing 60%. More importantly, your payoff is up to 10: 1. I am guessing this means your pyramiding when your ahead.


SO.....how are you achieving the 60%?


I know you asked for 5 charts....but I think you can explain it in one chart?

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Quoting Chicky

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1. There are 365 days in a year.

2. 50% of tradable days means one can trade 180 days in a year.

3. One opportunity in every 3 days is 60 trades in a year

4. 60% winning trades means 40% losing trades

5. In 60 trades 36 will be winners and 24 will be losers

6. At 1% risk and 1% reward per trade means 36% profit and 24% loss

7. That means net 12% a year.

8. Now, what if your risk is 1% and reward is 2% and you still get 60% winners? That would mean 24% net profit per annum.

9. Now, what if your risk is 1% and reward...

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Quoting Chicky

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LOL. Try again. Don't rush. The question is what's the difference between 60% winning ratio and 6 winners out of every 10 trades?

This is the most easy chart, it will show profit ratio much more than 60%. Post 4 more.

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Quoting solsys

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Ok, I think I understand.

Maximizing rewards while limiting risk.

So far I'm doing fading, it's risky if the trend refuses to change.

Is there a method to analyze systemically, like charts etc.... When to take loss, when to let profits run?

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Quoting Chicky

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Taking chance of a bottom formation or a spike upto 1.2800.

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Quoting almo

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There is no difference between the two? Its 2 am here, and I'm not exactly thinking clearly...


I hope this pic will be enough...else I'll have to post 5 individual charts....

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Quoting solsys

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Ok, I think I understand.

Maximizing rewards while limiting risk.

So far I'm doing fading, it's risky if the trend refuses to change.

Is there a method to analyze systemically, like charts etc.... When to take loss, when to let profits run?

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Quoting Chicky

Disliked

1. There are 365 days in a year.

2. 50% of tradable days means one can trade 180 days in a year.

3. One opportunity in every 3 days is 60 trades in a year

4. 60% winning trades means 40% losing trades

5. In 60 trades 36 will be winners and 24 will be losers

6. At 1% risk and 1% reward per trade means 36% profit and 24% loss

7. That means net 12% a year.

8. Now, what if your risk is 1% and reward is 2% and you still get 60% winners? That would mean 24% net profit per annum.

9. Now, what if your risk is 1% and reward...

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Quoting Chicky

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Small but fair enough.

Now tell me which ones of these charts look more like Eastern Building Architecture and which ones are more like Western Architecture?

A couple of them show both type of Architecture but mostly either in left half or right half.

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Quoting Esssex

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London needs to come out, guns blazing, loaded with billions of bullets and fire in 1 direction, up or down.

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Quoting saqoli

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short 2675 sl 2700 tp 2620

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Quoting Johnny Bravo

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why so early...we dont know which direction to yet

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