it loks preaty much good, wonder if it can give consistant returns?
Another simple system - Time-Frame 15
- #2,902
- Jun 11, 2012 5:47am Jun 11, 2012 5:47am
- Joined Feb 2012 | Status: Trader | 3,108 Posts
Let all the living things live blissfully
- #2,903
- Jun 11, 2012 5:49am Jun 11, 2012 5:49am
- Joined Feb 2012 | Status: Trader | 3,108 Posts
Let all the living things live blissfully
- #2,904
- Jun 11, 2012 6:01am Jun 11, 2012 6:01am
- | Additional Username | Joined May 2012 | 1,021 Posts
- #2,905
- Jun 11, 2012 6:06am Jun 11, 2012 6:06am
- | Additional Username | Joined May 2012 | 1,021 Posts
- #2,907
- Jun 11, 2012 6:17am Jun 11, 2012 6:17am
- | Additional Username | Joined May 2012 | 1,021 Posts
Miss break out of AUDUSD not here :'(
Sell stop on EU with fibonacci
SL 2pips above last high +25pips
and a Buy stop on USDCHF with fibonacci
SL bellow last low +24pips
I manage the tp on 161% fibo because i'm not here during the trade
Sell stop on EU with fibonacci
SL 2pips above last high +25pips
and a Buy stop on USDCHF with fibonacci
SL bellow last low +24pips
I manage the tp on 161% fibo because i'm not here during the trade
- #2,911
- Jun 11, 2012 7:26am Jun 11, 2012 7:26am
- | Additional Username | Joined May 2012 | 1,021 Posts
I have not used the TDI because I tend to focus too much on it instead of watching the PA
david
Very very good
- #2,912
- Edited 7:53am Jun 11, 2012 7:50am | Edited 7:53am
- | Additional Username | Joined May 2012 | 1,021 Posts
How true is this statement I read ?. I have no real life experience on this, ....... maybe senior traders would like to add views or comments ?
The final 10% of the time of a bull run will usually encompass 50% or more of the price movement. Thus, the first 50% of the price movement will take 90% of the time and will require the most backing and filling and will be far more difficult to trade than the last 50%.
does that mean, if you're late riding a trend, it's ok ? because there's plentyful pips to take at last 10% of such moved ?
Gibril The Newbie
The final 10% of the time of a bull run will usually encompass 50% or more of the price movement. Thus, the first 50% of the price movement will take 90% of the time and will require the most backing and filling and will be far more difficult to trade than the last 50%.
does that mean, if you're late riding a trend, it's ok ? because there's plentyful pips to take at last 10% of such moved ?
Gibril The Newbie
- #2,913
- Jun 11, 2012 8:35am Jun 11, 2012 8:35am
- | Additional Username | Joined May 2012 | 1,021 Posts
Hi Willy,
Post #19, #21, #23. That may help getting the answer, because I never try it, just purely following the system.
This is from the owner of the thread
Please check with other xperience traders. i'm not sure on this subject.
Thank You
Gubril the Newbie
Post #19, #21, #23. That may help getting the answer, because I never try it, just purely following the system.
do you think it is working good for 5 minute time frame with eur/usd or gbp/usd.
watch out for fakes on m5 buddy....do what you are good at...im sure u will win.just one timeframe and practice practice practice
Please check with other xperience traders. i'm not sure on this subject.
Thank You
Gubril the Newbie
- #2,916
- Jun 11, 2012 9:09am Jun 11, 2012 9:09am
- | Additional Username | Joined May 2012 | 1,021 Posts
when is the ideal time to exit trade?
been practicing the system on demo, usually i put trail stop. end up close too early. still in profit but im greedy
Hi Sudo Sandwich,
there are many factors to consider to exit or TP.
here refering to the Post #370, one of the strong reason to exit.
PPA ( previous price action)
1. Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
a. TDI Long exit
1. RSI PL crosses back below TSL to the downside.
2. RSI PL > 68 [5-minute chart]
3. RSI PL crosses back below the upper Volatility Band.
b. TDI Short exit
1. RSI PL crosses back over the TSL to the upside.
2. RSI PL < 32 [5-minute chart]
3. RSI PL crosses back above the lower Volatility Band
There are other factor addition to this, but I'm not well verse with it. I'm still New in forex and need to study the system few times, until i understand it fully.
May be senior trader will give their view about this.
Thank You
Gibril The Newbie
- #2,917
- Edited 9:25am Jun 11, 2012 9:12am | Edited 9:25am
Gibril,
The final 10% of the time of a bull run will usually encompass 50% or more of the price movement. Thus, the first 50% of the price movement will take 90% of the time and will require the most backing and filling and will be far more difficult to trade than the last 50%.
-- The market will kick out the weak holders. That's why we say patience pays, I think
does that mean, if you're late riding a trend, it's ok ? because there's plentyful pips to take at last 10% of such moved ?
-No, I don't think so. Still we should setup at a good entry. You may catch the train late just before one inch ahead of the terminal. What will happen to you? The trend inverts immediately.Leave you alone on the top of the mountain(if uptrend).
Just my 2 cents.
The final 10% of the time of a bull run will usually encompass 50% or more of the price movement. Thus, the first 50% of the price movement will take 90% of the time and will require the most backing and filling and will be far more difficult to trade than the last 50%.
-- The market will kick out the weak holders. That's why we say patience pays, I think
does that mean, if you're late riding a trend, it's ok ? because there's plentyful pips to take at last 10% of such moved ?
-No, I don't think so. Still we should setup at a good entry. You may catch the train late just before one inch ahead of the terminal. What will happen to you? The trend inverts immediately.Leave you alone on the top of the mountain(if uptrend).
Just my 2 cents.
- #2,919
- Jun 11, 2012 9:43am Jun 11, 2012 9:43am
- | Additional Username | Joined May 2012 | 1,021 Posts
