and if prices reverse?
unlimited drawdown for limited reward. doesn't make any sense.
Temp.
I will give it a try. Can you please post temp, indicators. Thanks. Jatki24300
hi
Why so fast with the crap...check it out.
SL are for people who want to throw money away.
Try it and seeNo SL ? how about your system performance in a week/month ?
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Trade the opens
No SL ? how about your system performance in a week/month ?
===================
Forex Indicators CollectionI believe there are certain truths in trading anything. Forex is just another tradable medium.
1. Lessen your risk
Choose indicators you know and trust. Simple, basic ones showing the trend.
2. Be aware of your comfort zone TF. Know your comfort zone TF.
I trade 1hr TF, and only that. Other TF,s cannot help me trade, only add confusion. The begining of an hour bar is likely to see the action, the end of the bar will probably see profit taking. Most action takes place at the start of a session, with once again , profit taking at the end. It's not rocket science, sit and watch all three sessions.
It follows then that the best time to enter a trade is at the start of a session & the start of a bar. 2 + 2 do make four.
I only take an 18 pip profit, very easy, and very quick. Usually twice sometimes three times a day. Spreads vary according to volitility, so I keep on average 15 pips a trade - 30/45 pips a day three days a week. I'm happy.
I don't post results or templates. All the information is in the 1st post. I'll answer questions if I can, but thats it. Put it all together and TRADE FOR REAL. Forget Demo's, they have no relationship to the real thing
Maybe I'll post my next trade, but don't hold your breath!
Hello,
A see behind is not a good thing. The only good thing is to
validate it to show the results .
much diagram shows excellent possibility of profit, but reality is not
the same one
Yes easy to look back at pretty picture and pick trades, but is not so in real time...
Hi BigBaloo,
I saw your chart using more than 4 indicators, may be you forgot to add EMA Crossover signal to your 1st post. Anyway thanks for sharing your method.
Trade the opens
Hi BigBaloo, I saw your chart using more than 4 indicators, may be you forgot to add EMA Crossover signal to your 1st post. Anyway thanks for sharing your method.
You know why you all flutter around these forums....all talk no do. Losers.
Bye, bye
SL are for people who want to throw money away. Try it and see
oh we'll see alright.
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Hi people
For what it's worth here's my dime.
Parabolic bars
Stochastic bars (Mladen's version)
Williams %r (cja's MTF version)
HMA nrp (Mladen's version)
I trade all three sessions, Asian, European, & New York.
I only trade on Tuesday, Wednesday, & Thursday.
Only one rule:
Entry...When all indicators agree - no stops - set TP at 18, 3 for them, 15 for you.
Go back to bed