- | Joined Feb 2012 | Status: Member | 260 Posts
Do not dwell in the past, do not dream of the future, concentrate the mind.
building multi-pair multi-timeframe scanner 47 replies
Multi timeframe multi chart 13 replies
Timeframe inside current timeframe - is that possible? 2 replies
Seeing higher timeframe indicators on lower timeframe 4 replies
BUY run profit 1 lot, SELL LIMIT 2 LOT down again n BUY 1 lot - EA Reqd 5 replies
DislikedUp over +1100p on 5 trades after only 6 hours! Insane. BOJ release and good US data. Earlier I said I placed an entry order above the recent high in case price moved and it did. And so it took me into the market and moved 200 pips! Should I close out for the weekend and lock in profits or look for places to place new trades? Afterall "winners add to winning trades"! A bit of both. I will close duplicate trades from earlier and leave 1 position open on each pair.Ignored
Disliked{quote} I know what you mean. I added a 3rd stoch to my 2 stoch indi and have backtested taking trades only when all 3 get into the overbought or oversold locations thereby putting me into strong trends and riding them. So I look for that on the Daily and then wait for same on H4 and then enter when same happens on H1. So far this week I have entered 4 trades and all 4 are now up with a #2 trade added to one of them when they go to +50p. So +200p up on all 5 so far. If I only take trades once all 3 stochs on all 3 timeframes lines up and stack them...Ignored
DislikedHi G, I also have a 3 trade on UJ as well as AF. Looking to cover my nut by selling one of each, actually a bit more since my goal is 150-250 pips each week. Will let the others ride for now, hopefully to a clearer distribution point - kinda, sorta like pipEASY but trying to build a centipede rather than a millipede. I need much more experience before going all in his way...Ignored
Disliked{quote} Thanks Tashkent. I try to put a lot of good ideas out there, hoping that something will help someone. Most of the things I discuss have been tested for many years in all sorts of market conditions. Of course, everything wont work for everyone, but if you get a single good idea that works well for you, then it's worth the effort. Best success. GIgnored
Dislikedappreciate your reply alot G. =) got wiped out badly =( gotta rest for awhile. lacking discipline. lets say if its 8/9 tfs in your favor, you'll look at the 1/9 to look for an entry am i right ? =)Ignored
Disliked{quote} reading some of your posts was sufficient to conclude that you have a solid mindset which many here lacks. i will hang around time by time. have a great weekend!Ignored
Disliked{quote} Sorry to hear you got wiped out mk5. Typically, that only happens when one violates the stoploss during the course of the trade. Most traders do that several times early on, so don't let it get you down. In time, you can learn to not do that again. I had to learn it the hard way and I'm probably more stubborn than most people. A cardinal rule of good trading is never move a stoploss against the direction of your trade. If the market is moving against your trade, you can't control that, but you can still have some degree of control without...Ignored
Disliked{quote} Welcome aboard Tashkent. Was reading your Trading Philosophy thread. I agree with most of what is there, though I don't think the markets are 100% random. The research I've seen indicates the markets are 90 to 95% random. Of course, that's enough to cause most traders to bust their accounts. To exploit the small non-random component, one must have a very well defined edge and great money management.Ignored
Disliked{quote} thank you so much for getting back. awesome read. i've been trading $500 live on IG and FX-primus hmm are u using MT4 too ? KeithIgnored