You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
more or less -- think about stats bell shape normal distribution curve
let say, I have 1 bet in random USA or european time (eu time , is very tricky)
but don't have SL, don't have TP
then over 10 trading days, I should have the average about the last 10 average price or at least those entry that I enter
then I have much higher chance to be 50% in loss
-----
then we just need to derive a cool minilot -- to handle the loss ---- this way, we could still use impulse --- but direction have to be total random that we pick
so DO YOU KNOW or figure out any proven mathematical model --- set up some ground rule, to handle overall loss ?
another advantage is that -- after 10 entries, -- the entries afterward, depend on the price and DICE shown direction--- we could make SMART MOVE and disregard it (or wait longer) if the 11th, 12th move is being STUPID
the essence is mathematical proven model --- give us some more idea for discussion pls
MTF Fractals
Hi James the Giant,
Can you post the MTF Fractals indicator attached to your chart? Thanks.
I only know 1
as I said ... I only know 1 way to trade w/o indis ... look into M15 TF ans wait for a "line in the sand" ... then place a pending order at the last max and min ... enjoy!
a line in the sand is a multitude of small bodied candles with short shadows indicating a loss of interest in the particular pair at the given time ... usually fundamentally explained by a certain expectancy on the mkt ... like an important announcement or a major fundamental event. line in the sand usually happens b4 news or at a tip of a triangle ... and should you use Bollinger B you'll inevitably find a perfect squeeze setup.
Good luck !
P.S. in time you'll find out that you can do a lot of trading without indicators ... yet I still rely on some.