Looks like this thread is coming to an end
I think some of us made some profit here.
CMIIW
{quote} I think you said it need filter but is alright just need to know how to manage your trades
I need to look at something that I dont know yet, to avoid those some false signal.
I asked Varun about this and also other ppl ask about video tutorial, he said will tell us later and will create video too.
How to manage my trade ?
Dont ask me that TW, I am just a noob who still learning forex since 2010 or before.
- #449
- Mar 12, 2016 8:29am Mar 12, 2016 8:29am
hello varun 76, why not write more 'we need your advice, you did the video tutorial?
{quote} They must have done something on their own, sticking to the system won't cause that much of drawdown.
- #454
- Mar 12, 2016 12:03pm Mar 12, 2016 12:03pm
- | Joined Feb 2016 | Status: Be brave, be courageous, be prudent | 492 Posts
EURNZD
Daily shows it is caught in a range.
H4 shows it has reached a support.
I am going to observe what happens. Not going to guess what may happen.
But if it bounces off 1.65 it can go all the way up to resistance 1.7190
Daily shows it is caught in a range.
H4 shows it has reached a support.
I am going to observe what happens. Not going to guess what may happen.
But if it bounces off 1.65 it can go all the way up to resistance 1.7190
Live life king size !
- #456
- Mar 12, 2016 12:16pm Mar 12, 2016 12:16pm
n the
I agree that we should not be critical of Varun as he has been very generous to share this strategy with us. However, there is something a bit odd about blowing up an account that is in the public domain. We all try out new ideas in demo and they usually fail, that's what a private demo account is for, right? It seems strange to promote a strategy, generously give it out to the world and then blow the account that is on public display to prove the virtue of that strategy. As far as I could tell, all the trades last week broke Varun's own rules for entering and this would be confusing for anyone who had come to the forum to learn the strategy and then cross reference what they had learned with his live trades. I don't doubt the provenance of the strategy or of Varun's integrity which adds to the overall strangeness of this situation.
{quote} Agree with that. With normal money management (let's say he risked 2% per trade) his SL would be hit and there would be no problem to his account. Personally i think he just withdrew it/didn't put a SL on his last couple of trades (for some reason only he knows). But overall, he doesn't have to tell us anything, he is not obliged to tell us anything. Be thankfull for the knowledge he shared, it's a gift
I agree that we should not be critical of Varun as he has been very generous to share this strategy with us. However, there is something a bit odd about blowing up an account that is in the public domain. We all try out new ideas in demo and they usually fail, that's what a private demo account is for, right? It seems strange to promote a strategy, generously give it out to the world and then blow the account that is on public display to prove the virtue of that strategy. As far as I could tell, all the trades last week broke Varun's own rules for entering and this would be confusing for anyone who had come to the forum to learn the strategy and then cross reference what they had learned with his live trades. I don't doubt the provenance of the strategy or of Varun's integrity which adds to the overall strangeness of this situation.
I don't fear God, I fear the reactions of the metals
