The sacred edge 2.0 | Page 11 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

An Edge for an Edge (System Development) 116 replies

What do you mean by "Trader's Edge"? 17 replies

Sacred Trends and Entry 59 replies

Trading edge or following the crowd? 9 replies

What's your edge? 23 replies

Attachments: The sacred edge 2.0
Exit Attachments

The sacred edge 2.0

  • #201
  • Edited 12:02pm Feb 19, 2016 11:40am | Edited 12:02pm
Quoting LITEchild
{quote} smells good!
Lol. many people thought EURUSD would selloff. BEAR TRAP
  • #202
  • Feb 19, 2016 11:47am Feb 19, 2016 11:47am
A US based friend of mine has offered to take my free signals on a live account. Only problem is that he can only take one trade at a time and minimum lot size of 0.1 on a 700USD account due to US 1:50 maximum leverage . I do not recommend trading my strategy with 0.1 lots on a 700USD account but he has decided to carry on with the restrictions due to broker rules.

We were trading 0.01 lot size but the broker refused to allow him close his trades and informed him he can only trade a minimum of 0.1 lots or leave. i trade this strategy with 0.01 lot per 1000USD to accommodate any drawdowns.Because of this restrictions the trade explorer I'm about to add will be classed as high risk trading. i do not trade this way and i do not recommend trading this way
  • #203
  • Feb 19, 2016 11:57am Feb 19, 2016 11:57am
Live trade explorer from a reliable broker added
  • #204
  • Feb 19, 2016 1:31pm Feb 19, 2016 1:31pm
Quoting ephisi
Live trade explorer from a reliable broker added
Goodluck!
  • #205
  • Feb 19, 2016 3:03pm Feb 19, 2016 3:03pm
Quoting LITEchild
{quote} Goodluck!
Thanks Buddy.!!!
  • #206
  • Edited 1:59am Feb 23, 2016 1:00am | Edited 1:59am
Quoting ephisi
GBPAUD needs to retrace to 2.0300/2.0400 zone. Taking long here at 2.0020 Target set @ 2.0345
unfortunately this trade was diverted by the news of boris mayor of london backing the brexit camp over the weekend causing a gap down from +150 is pips to negative. there will be no brexit. just like grexit this is all noise till june. Theres going to be a short squeeze back towards target when the appropriate news comes out
  • #207
  • Feb 24, 2016 4:48am Feb 24, 2016 4:48am
exited my gbpaud trade due to risk off , gbp and euro in trouble because of brexit, now news hitting the wires for holland referendum to leave the euro. panic and crisis news such as these has been the drawdown of these strategy. I'm now short the gbpjpy purely based on fundamentals. gbpaud targets will still be hit but not ready to wait months for that to happen
  • #208
  • Feb 24, 2016 4:52am Feb 24, 2016 4:52am
closed nzdcad + 20pips due to risk environment. holding usdchf
  • #209
  • Feb 24, 2016 12:51pm Feb 24, 2016 12:51pm
closed USDCHF short +40 on some SNB comments. wish i was in gbpjpy short . waiting for next highest probability trade
  • #210
  • Feb 26, 2016 9:24am Feb 26, 2016 9:24am
Quoting ephisi
GBPAUD looking good. USDJPY needs to hit 113.50/90 zone but I wont advice anyone to take the trade as the drawdown could be huge. Its not a high probability trade. Its 50/50 . But the tarvet must be hit even after any drawdown
USDJPY target zone cleared after the drawdown i talked about and over a week. All targets will be hit. the only thing thats not 100% certain is time.

waiting for EURUSD to clear 1.1200. hoping brexit scare doesn't resurface.
  • #211
  • Feb 26, 2016 10:16am Feb 26, 2016 10:16am
hey ephisi, whats the type of drawdown you get with your highest probablity trades ?
  • #212
  • Feb 27, 2016 4:29am Feb 27, 2016 4:29am
Quoting metta87
hey ephisi, whats the type of drawdown you get with your highest probablity trades ?
Say 100pips drawdown. But I dont try to be perfect with entries. As a matter of fact drawdown trades are more profitable because with small lots I can add 2nd position at -300 to 1000pip drawdown(Depends on the pair volatility) knowing fully well that my target will be hit based on the recurrency principle. The only disadvantage is the need for patience. Having to wait till market decides to correct its anomaly
  • #213
  • Feb 27, 2016 11:33am Feb 27, 2016 11:33am
Quoting ephisi
{quote} Say 100pips drawdown. But I dont try to be perfect with entries. As a matter of fact drawdown trades are more profitable because with small lots I can add 2nd position at -300 to 1000pip drawdown(Depends on the pair volatility) knowing fully well that my target will be hit based on the recurrency principle. The only disadvantage is the need for patience. Having to wait till market decides to correct its anomaly
so what do you mean by highest probability ? do you mean the time it takes before the trade ends in profit, or the relative drawdown to be incurred before price retrace to your initial entry ?
Oh and me too i like averaging down but more like martingale.
  • #214
  • Feb 27, 2016 2:23pm Feb 27, 2016 2:23pm
High probability trade is a trade with the trend based on technicals and fundamentals. It has more to do with the time it takes to hit target with minimal dalrawdown. The draw downs on trend trades are minimal and will usually hit target same day or next.
  • #215
  • Feb 29, 2016 11:16pm Feb 29, 2016 11:16pm
Boring Boring Boring. No new calls until some of the calls I made hit their targets. Trading some other strategy while waiting. See you all later
  • #216
  • Mar 3, 2016 1:49am Mar 3, 2016 1:49am
Quoting ephisi
The Japanese yen is over bought across board. i would advice traders to avoid buying the JPY. Major correction needed for a few days on all JPY pairs.Also good time to close JPY longs to reenter after correction. Ii do not equally recommend selling the JPY. . stay off and let the market play its tricks
Major correction on jpy pairs playing out as expected
  • #217
  • Mar 4, 2016 9:01am Mar 4, 2016 9:01am
targets must hit when the right news comes through
  • #218
  • Mar 4, 2016 10:26am Mar 4, 2016 10:26am
Hey mate, hope all is well and you're swimming in green pips!
A pip is only worth it if you know how much you risked to earn it
  • #219
  • Mar 4, 2016 12:09pm Mar 4, 2016 12:09pm
Quoting vlady1974
Hey mate, hope all is well and you're swimming in green pips!
Hey Mate. Welcome back. good to have you around. yes mate. green pips to you.
  • #220
  • Mar 10, 2016 8:16am Mar 10, 2016 8:16am
Now its time for EURUSD bulls to shine. 1.1200 and beyond
2 traders viewing now