Disliked{quote} Hi jon, Why not you open new thread, and we continue from there?Ignored
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Disliked{quote} Hi jon, Why not you open new thread, and we continue from there?Ignored
Disliked{quote} Hi jon, Why not you open new thread, and we continue from there?Ignored
Disliked{quote} Nice try, but... I have to say something you dont want to hear again... Pls. take a look at http://www.forexfactory.com/showthread.php?p=8803220 Blowed up once in last month. The correlation trading wont help you to divide risks. If you stuck in one pair, trading another pair wont help you to recover the loss. want to try my strategy? Just one day....in a trending market {image}Ignored
Disliked{quote} Hi jon, Why not you open new thread, and we continue from there?Ignored
Disliked{quote} ok, how to upload your trades, I see many people have this in the bottom. {image}Ignored
Disliked{quote} Let me explain to you. I never intend to run correlation trading. Dragon Expert maybe a different case where it runs with correlation concept. Me? I don't. Both have its own advantages and disadvantages. Don't get me wrong, I never intend to trade another pair to recover the loss. It's definitely a stupid idea, so in this case I agree with you. The real intention behind, is to spread the risk. Why I need to do this? I need to divide the risk as many as the pairs we intend to attach this EA. So when one of them got stuck, I can stop the others...Ignored
Disliked1. Draw standard Fibonacci lines (as per the standard, by finding the swing high and swing low of a recent event). Prefer to use M15 TF
2. When Fibonacci reaches 61.8 or 38.2, then put STOP orders with Grid Step same as ADR (Average Daily Range). When it reaches 23.6-423.6, your can trade at every lvl.Ignored
Disliked{quote} I think you have already understood my method at 90%.One thing that i cant agree with you. A true risk dividing strategy is basket trading, apparently we both are not. 1. Draw standard Fibonacci lines (as per the standard, by finding the swing high and swing low of a recent event). Prefer to use M15 TF 2. When Fibonacci reaches 61.8 or 38.2, then put STOP orders with Grid Step same as ADR (Average Daily Range). When it reaches 23.6-423.6, your can trade at every lvl.For Your system it's 50% ADRFor my system its 61.8%-100% of ADR (depending...Ignored
DislikedAnother week just ended. The demo account failed to start the Thursday cycle because the Wednesday cycle was opened. {file}Ignored
Disliked{quote} Since you have read all rad's post, you know that we are trading consolidation rather than trend. 48 points is 0.618 ADR, why? ask Mr. Fibonacci Sell 0.02 becasue the strongest resistance for EU is 50.0-78.6 lvls, if price reaches those lvls the buy power is still strong so i Buy 0.01. Red Dots are used to minimise possible loss if market breakout. Above is consolidation trading... For trend trading, you have to turn off one side, set end prices at round numbers as you TP and SL. exp. {image} EA update- 1 added Take profit after BE,...Ignored
Disliked{quote} Hi jon, Trying to understand more on your EA setting. Could you explain the below: 1. Start Price Buffer 2. Start price 3. End Price Buffer 4. End Price (High) 5. End Price (Low) 6. difference between martingale level and take profit factors {image}Ignored
DislikedNo need to put stop orders, just use my EA at every fibo lvls with different ADR and lot size or TP/SL. tomorrow is NFP, today we have some medium impact data, ADR 0.75 is a good set up.Ignored
Disliked{quote} jonirrenicus please you can share your use indicator ADR ? Thanks a lot !!!Ignored