heyy Finndog!!! welcome!!!
I see there a pyramid!!! great work
keeep rolling bro
I see there a pyramid!!! great work
keeep rolling bro
- #764
- Aug 6, 2013 5:35pm Aug 6, 2013 5:35pm
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
Hey glad to be on board with the pyramid crew.....first full pyramid and it worked a treat......I'm still very much getting used to things and trying to get my leverage etc optimized. Thanks for introducing this method....I look forward to learning it fully.
regarding leverage is as Ive been tolding...5:1 on first brick --> 90 pips reinforce below..thatīs +/- the proportion!
and you have Trade Explorer which is excelent to see the leverage used on each open position...I love it!!
- #766
- Aug 6, 2013 6:33pm Aug 6, 2013 6:33pm
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
target wanted is 9012...after we can see drop to 8900...I will wait to reenter at 8942...if 9012 is break, 9300 will be next target:
ps: forget it, im trying some long from here, asia session!!!
ps: forget it, im trying some long from here, asia session!!!
- #768
- Aug 7, 2013 7:32am Aug 7, 2013 7:32am
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
itīs being difficult to upload the remain deposit to the account!! have to wait a confirmation code in my account...so I still have to be more exposed to risk, with more leverage...but Iīve warning, 5:1 on first brick -> 90 pips gap, more than that, is by your own risk...
- #770
- Aug 7, 2013 8:46am Aug 7, 2013 8:46am
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
bahh..jumped off at BE, but was not very smart...this question of upload deposit is affecting my trading, hoppefully next week I have everything settled!...
...even so, this is called "protect your balance"
...even so, this is called "protect your balance"
- #771
- Aug 7, 2013 9:02am Aug 7, 2013 9:02am
- Joined Mar 2010 | Status: Trader | 2,261 Posts | Online Now
- #772
- Aug 7, 2013 9:11am Aug 7, 2013 9:11am
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
hello folks i hope im not being a sponfed newbie here, but can somebody clear up the entry rules? also i'm struggling to understand what a pyramid is - is that sort of like martingale when price goes agaisnt you? thanks folks / xandi
a little more respect for the great pyramid! 
..but yes, it appear to us when price is against...the entry rules you didnīt get it? I think itīs well explained on summary, even I have to detail it a little more...
short version, if you use the right leverage (which garantees a direct fall of 300 pips without retracement), and if you enter on the right side (by 2 monthe LONG on AUdUSD), on the end you will profit or jump off at BE..
...itīs simple...you have to read more, and experience more, test it more, share more, and after you go LIVE! best advise I cannot give you...
entry rule:
enter when price is far away from ichcloud on 4htf, daily & weekly combined...contrarian trade, expecting approach to cloud...
use the TP you want, after your TP is reached, reenter again 50 pips below last previous high, on audusd...
use the right leverage...
if price goes against you, pyramidate following the rules...
- #777
- Aug 7, 2013 9:51am Aug 7, 2013 9:51am
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
Hi Xandi, Welcome back from holliday, I hope you did enjoy :-) Question: How do you manage several trades at the same time? It seems that sometimes you open more posisitions? (and I dont mean pyramidate positions)
I enjoyed a lot vacation!! and I will be more&more&more in that stage!
"It seems that sometimes you open more posisitions?" -- not relevant, itīs all a question of proportion ponderation...I manage trades setting automatic TP...always..in all positions
so imagine, if I 1st entry with only 2:1 lev at 9000...I can enter again with another 2:1 at 9010...so my "1st entry" ponderated is 9005!! so I change TP based on that ponderations, to all open positions...basic math! get it?
ps:my old broker had that information, called "price medium" of all open positions...maybe in MT4 there is some tool that show it...
- #778
- Aug 7, 2013 10:09am Aug 7, 2013 10:09am
{quote} hello xinix!!! a happy welcome to you, bro!!! I enjoyed a lot vacation!! and I will be more&more&more in that stage!
So your EA is able to manage more entries? (is that: add pending and modify open trades EA?)