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Simple and profitable trading style

  • #841
  • May 17, 2017 4:55am May 17, 2017 4:55am
[quote=markgill;9876468] Truth be told, there are brokers who have created exceptional track records utilizing such frameworks. Be that as it may, there are likewise a few disadvantage. This implies the system has a tendency to produce various losing exchanges.

Stay with what works for you. Thanks
Make all mistakes in demo and rain in pips in live account
  • #842
  • May 20, 2017 2:22pm May 20, 2017 2:22pm
According to me, the traders who are newcomers with small balance, scalping is more appropriate trading style for them. It’s really profitable trading approach that brings profit instantly. But for using this short time trading approach we the traders first of all have to make sure lowest trading spreads. Otherwise it can causes a great loss when trading practically.
  • #843
  • May 21, 2017 4:50am May 21, 2017 4:50am
Quoting BenDunk
According to me, the traders who are newcomers with small balance, scalping is more appropriate trading style for them. Its really profitable trading approach that brings profit instantly. But for using this short time trading approach we the traders first of all have to make sure lowest trading spreads. Otherwise it can causes a great loss when trading practically.
Scalping signal not too reliable. And besides, brokers like traders who place trades every now and then- spread, spread and spread.One can stay with small lot size- 0.01 and 0.02. Also know when to maximize your profit with better and bigger lot size
Make all mistakes in demo and rain in pips in live account
  • #844
  • May 21, 2017 11:12am May 21, 2017 11:12am
Quoting BenDunk
According to me, the traders who are newcomers with small balance, scalping is more appropriate trading style for them. Its really profitable trading approach that brings profit instantly. But for using this short time trading approach we the traders first of all have to make sure lowest trading spreads. Otherwise it can causes a great loss when trading practically.

I decided to quote your post again. This is what I was thinking few days ago- using all the strategy I already know to backtest/back check 4hr. one can be a trend traders on 4hrs and SL would really be small and makes profits
Make all mistakes in demo and rain in pips in live account
  • #845
  • May 21, 2017 8:10pm May 21, 2017 8:10pm
I want to bring your attention to EG.
Fully meet the requirement.
Right now price is still good (not running away yet)
  • #846
  • May 22, 2017 2:19am May 22, 2017 2:19am
Quoting hhchenfx
I want to bring your attention to EG. Fully meet the requirement. Right now price is still good (not running away yet)
Bullish or bearish?
Make all mistakes in demo and rain in pips in live account
  • #847
  • May 22, 2017 2:35am May 22, 2017 2:35am
I just found out yesterday that FF has limited number of Trade Explorers traders can have. I have other performing once not here. I can't monitor those ones on FF except on my platform. All the same great thanks to FF team
Make all mistakes in demo and rain in pips in live account
  • #848
  • May 22, 2017 7:02am May 22, 2017 7:02am
The latest pair, EG with the strategy is faced with strong retracement. USDCHF was like that before crashing down now. the reason for using weekly candle that combined to make the trade setup
Make all mistakes in demo and rain in pips in live account
  • #849
  • May 22, 2017 7:07am May 22, 2017 7:07am
I will be out of USDCHF on weekly strong support. I hope it gets there, over 400 pips. Forex needs a great deal of patience. I have been in the USDCHF since 15th March
Make all mistakes in demo and rain in pips in live account
  • #850
  • May 22, 2017 7:09am May 22, 2017 7:09am
Patience demanding business
Make all mistakes in demo and rain in pips in live account
  • #851
  • May 22, 2017 9:24am May 22, 2017 9:24am
I see what you meant.
EG for me is a Buy. As of yesterday, price W1 above MA20 and D1 above upper band.

(I guess you look at the Sell setup in the late of March)
  • #852
  • May 22, 2017 8:24pm May 22, 2017 8:24pm
Quoting hhchenfx
I see what you meant. EG for me is a Buy. As of yesterday, price W1 above MA20 and D1 above upper band. (I guess you look at the Sell setup in the late of March)
Yes
Make all mistakes in demo and rain in pips in live account
  • #853
  • May 22, 2017 8:28pm May 22, 2017 8:28pm
With72 pips to TP on EU I have widened my TP, following weekly stochs
Make all mistakes in demo and rain in pips in live account
  • #854
  • May 23, 2017 10:02am May 23, 2017 10:02am
How effective will this system be on other assets?
  • #855
  • May 24, 2017 3:42am May 24, 2017 3:42am
Quoting robertino4
How effective will this system be on other assets?
As long as it's bollinger bands it's good in other assets
Make all mistakes in demo and rain in pips in live account
  • #856
  • May 24, 2017 4:02am May 24, 2017 4:02am
Quoting 9jatrader
With72 pips to TP on EU I have widened my TP, following weekly stochs
Am out of EU bulls, already bearish because of yesterday setup. I might be wrong, but market is always right
Make all mistakes in demo and rain in pips in live account
  • #857
  • May 24, 2017 4:03am May 24, 2017 4:03am
I don't think we can ignore the short trade setup on EURUSD
Make all mistakes in demo and rain in pips in live account
  • #858
  • May 24, 2017 4:09am May 24, 2017 4:09am
EU is more analyzed in the other thread- stochastic. EU is crashing down
Make all mistakes in demo and rain in pips in live account
  • #859
  • May 26, 2017 1:59pm May 26, 2017 1:59pm
AUDNZD has made a continuation short trade setup. This setup was based on the the twin strategy I have here. The weekly is closing below the middle band while the daily closing( few hours left ) below the lower band. Am already short after running away yesterday from my short position. I have to join again. The strategy was also met. Stochastic is still right on the oversold region while the resistance that was threatening me was breaking
Make all mistakes in demo and rain in pips in live account
  • #860
  • May 26, 2017 2:03pm May 26, 2017 2:03pm
It's all about strategy. Sometimes am right, sometimes am wrong. Only market is right all the time.
Make all mistakes in demo and rain in pips in live account
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