if we lose one day both trades, we have 1x -15 and 3x -45 = -60 pips
We need to win the following next 6 days to be BE.
We need to win the following next 6 days to be BE.
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DislikedDo this really works? For how long you testing this method? I like to use this system. im using admiralmarkets as broker at what candle do i need to look at?Ignored
Disliked{quote} That doesn't matter. 1:1.5 RR and 1.5:1 RR have the exact same expectancy. The only difference is the frequency in which your losses and wins will be distributed and the sizes of the losses and wins. See more here Again. The only thing you ever really need to worry about with any system is how to overcome the statistical disadvantage of the spread. This disadvantage gets larger the tighter your stops and targets are. Using one R:R over another isn't going to save...Ignored
Dislikedif we lose one day both trades, we have 1x -15 and 3x -45 = -60 pips We need to win the following next 6 days to be BE.Ignored
Disliked{quote} Or four days has to be winning the second position. (-15 + 10 + 10 + 10 = 15).Ignored
Dislikedmy last for this week at Friday the trade need long time right? {image}Ignored
DislikedHi Zen, I always love simple systems myself. Just want to share a fair warning to those using this system as to what kind statistical edge is needed to trade these kinds of systems. You should only trade this system if your spreads are maybe .1 or .2 pips. Definitely, nothing more than .5 pips and the images below will explain why. If you have a spread of 1-2 pips you need avoid this system or trade it on a much larger time frame with say 150 pip stop and 100 pip target. {image} {image} {image} {image} {image} As can you see, if you have a 2 pip...Ignored
DislikedHi zentrader8 Could you please tell me what is the significance of rule 2. What are we looking for in the highest and lowest of the 8 o'clock candle. rules 2.Open the EURUSD Pair, then wait the last two candle before the london market open(i use icmarket, so its 8.00 candle time)hourly candle,wait until it close. 2.look at the highest and the lowest that the 8.00 candle made. thank you.Ignored
DislikedThis method sounds a lot like the London Open strategy. Each time it is marketed, it seems the market makers hear about it and start sweeping both directions at the London Open to activate the pending orders each way, then roll up and down to collect all the SL's. I don't trade this style, but have seen it discussed several times. It was created by a lady named Cynthia, or Shirley, if I remember correctly, and sold as a system. Apparently, it is now okay to pirate it? HA, that is why you cannot disclose real strategies, lol. Anyway, I do not remember...Ignored