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Full Time Trader
al
Flicker Forex
I want to say, " Thank you" to all of my loyal followers.
Since I am a Trader then I know exactly what is important. Low Latency, High Security and only hosting the MT4.
My goal is to produce the best signals and provide a situation for people who need a helping hand.
Currently, if you check the slippage tab, you will see that IC Markets has the low slippage.
It seems that at different times that the slippage is different
Since I am a Trader then I know exactly what is important. Low Latency, High Security and only hosting the MT4.
My goal is to produce the best signals and provide a situation for people who need a helping hand.
Currently, if you check the slippage tab, you will see that IC Markets has the low slippage.
It seems that at different times that the slippage is different
David Stanton
* * * * * * * * * * * * * * * * * * * * * Hello to All Subscribers of CANDLE LIGHT * * * * * * * * * * * * * * * * * * * * *
https://www.mql5.com/en/signals/69013
ALL POSITIONS JUST NOW CLOSED WITH PROFITS!
TRADE #1 PROFIT. . . . . . . . .333.00
TRADE #2 PROFIT. . . . . . . . . . 61.00
TRADE #3 PROFIT. . . . . . . . . . 44.00
TOTAL FOR THE DAY . . . . . . 438.00
As always if anyone has any questions, please feel free to PM. I might miss your question if you post here.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
ALL POSITIONS JUST NOW CLOSED WITH PROFITS!
TRADE #1 PROFIT. . . . . . . . .333.00
TRADE #2 PROFIT. . . . . . . . . . 61.00
TRADE #3 PROFIT. . . . . . . . . . 44.00
TOTAL FOR THE DAY . . . . . . 438.00
As always if anyone has any questions, please feel free to PM. I might miss your question if you post here.
Best Regards
David Stanton
· 6
David Stanton
* * * * * * * * * * * * * * * * * * * * * Hello to All Subscribers of CANDLE LIGHT * * * * * * * * * * * * * * * * * * * * *
https://www.mql5.com/en/signals/69013
ALL POSITIONS JUST NOW CLOSED WITH PROFITS!
TRADE #1 PROFIT. . . . . . . . .333.00
TRADE #2 PROFIT. . . . . . . . . . 61.00
TRADE #3 PROFIT. . . . . . . . . . 44.00
TOTAL FOR THE DAY . . . . . . 438.00
As always if anyone has any questions, please feel free to PM. I might miss your question if you post here.
Best Regards
David Stanton
* * * * * * * * * * * * * * * * * * * * * Hello to All Subscribers of CANDLE LIGHT * * * * * * * * * * * * * * * * * * * * *
https://www.mql5.com/en/signals/69013
ALL POSITIONS JUST NOW CLOSED WITH PROFITS!
TRADE #1 PROFIT. . . . . . . . .333.00
TRADE #2 PROFIT. . . . . . . . . . 61.00
TRADE #3 PROFIT. . . . . . . . . . 44.00
TOTAL FOR THE DAY . . . . . . 438.00
As always if anyone has any questions, please feel free to PM. I might miss your question if you post here.
Best Regards
David Stanton
· 17
David Stanton
* * * * * * * * * * * * * * * * * * * * * Hello to All Subscribers of CANDLE LIGHT * * * * * * * * * * * * * * * * * * * * *
https://www.mql5.com/en/signals/69013
As you may have seen already, 1 trade closed for a profit of 340.00 just a few minutes ago.
The last two open orders are being rather stubborn but still good trades.
The draw down was a bit more than I anticipated but the Trade Trigger was the strongest one that use.
Keep in mind that if it were not for the volatility in this market we would not have the potential for huge profits.
As I have said in the past many times, "A good trader knows when to trade and when NOT to trade".
Now is a good time to trade again.
Once again, I want to thank my subscribers for their kind and encouraging posts and messages.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
As you may have seen already, 1 trade closed for a profit of 340.00 just a few minutes ago.
The last two open orders are being rather stubborn but still good trades.
The draw down was a bit more than I anticipated but the Trade Trigger was the strongest one that use.
Keep in mind that if it were not for the volatility in this market we would not have the potential for huge profits.
As I have said in the past many times, "A good trader knows when to trade and when NOT to trade".
Now is a good time to trade again.
Once again, I want to thank my subscribers for their kind and encouraging posts and messages.
Best Regards
David Stanton
· 10
David Stanton
* * * * * * * * * * * * * * * * * * * * * Hello to All Subscribers of CANDLE LIGHT * * * * * * * * * * * * * * * * * * * * *
https://www.mql5.com/en/signals/69013
I wanted to give my subscribers a heads up on the open trades. Currently, the Trade Trigger that Activated the trades is the strongest one that I use.
I hate riding the Dragon as much as anyone but as long as the Trade Trigger is Active I will hold the positions. I fell good about the trades.
As a reminder, allow me to explain why I make these posts. I want to let my subscribers know what I am doing and that I am watching the trades minute by minute. I also want to keep my subscribers as well informed as I can.
Therefore, I do not post to begin a debate or try to get advice from anyone. I am only trying to provide information about Candle Light and my methods.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
I wanted to give my subscribers a heads up on the open trades. Currently, the Trade Trigger that Activated the trades is the strongest one that I use.
I hate riding the Dragon as much as anyone but as long as the Trade Trigger is Active I will hold the positions. I fell good about the trades.
As a reminder, allow me to explain why I make these posts. I want to let my subscribers know what I am doing and that I am watching the trades minute by minute. I also want to keep my subscribers as well informed as I can.
Therefore, I do not post to begin a debate or try to get advice from anyone. I am only trying to provide information about Candle Light and my methods.
Best Regards
David Stanton
· 12
David Stanton
* * * * * * * * * * * * * * * * * * * * * Hello to All Subscribers of CANDLE LIGHT * * * * * * * * * * * * * * * * * * * * *
https://www.mql5.com/en/signals/69013
The Trade Triggers are active since the opening.
I did not get the Trade Triggers online for a full month in November but none the less, we had a good month and good returns.
December should be much better for us.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
The Trade Triggers are active since the opening.
I did not get the Trade Triggers online for a full month in November but none the less, we had a good month and good returns.
December should be much better for us.
Best Regards
David Stanton
· 9
David Stanton
* * * * * * * * * * * * * * * * * * * * * Hello to All Subscribers of CANDLE LIGHT * * * * * * * * * * * * * * * * * * * * *
https://www.mql5.com/en/signals/69013
I was asked why do I make these posts? I do it for one reason only! I want to keep the Subscribers informed on CANDLE LIGHT.
With that in mind, I have received a few messages about keeping the account balance low on my trading account.
Please allow me to explain what it is that I am working to achieve.
In the beginning, I traded my own personal account. I did what was best for my account. I began with 2300.00 and today it is sitting at 33 855.00 profit.
When I began to get Subscribers, they kept asking me to keep the balance low. Some wanted me to keep it as low as 1000.00.
So I tried to help them and what happened was that I missed out on growing my account much larger which means NOT making as much money on the trading.
Let me explain. MQL4 trading software trys to keep the trading ratios equal between the accounts based on the account balance. Now, if I trade 5000.00 and enter a lot size of 1.0 then a person with 2500.00 account will trade .5 lot.
Here is the problem. If I keep the balance at 5 000 then when I trade, I will make about 75 per trade on a certain Trade Trigger. So the profit on that trade will always be the same.
But if I allow the money to stay in the account and once I have a profit of 1000 in the account, I will raise the lot size, then when I trade the same trade will make me 125.00. The Ratios will be the same but now we are growing the account. Keep in mind that it is NOT the balance to be concerned with but the ratio.
Currently, I have a global limit of 2 lots. That means I will only open a maximum of 2 orders at one time.
As the balance grows I will increase the lot size and increase the global limit. Instead of trading 1 lot, I will begin to trade 1.25 lots and a global limit of 3 and continue to increase as the account grows.
The ratios will remain the same from my account to your account but the balance will grow faster.
This is what I did to take my account from 2300 to 33000.00
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
I was asked why do I make these posts? I do it for one reason only! I want to keep the Subscribers informed on CANDLE LIGHT.
With that in mind, I have received a few messages about keeping the account balance low on my trading account.
Please allow me to explain what it is that I am working to achieve.
In the beginning, I traded my own personal account. I did what was best for my account. I began with 2300.00 and today it is sitting at 33 855.00 profit.
When I began to get Subscribers, they kept asking me to keep the balance low. Some wanted me to keep it as low as 1000.00.
So I tried to help them and what happened was that I missed out on growing my account much larger which means NOT making as much money on the trading.
Let me explain. MQL4 trading software trys to keep the trading ratios equal between the accounts based on the account balance. Now, if I trade 5000.00 and enter a lot size of 1.0 then a person with 2500.00 account will trade .5 lot.
Here is the problem. If I keep the balance at 5 000 then when I trade, I will make about 75 per trade on a certain Trade Trigger. So the profit on that trade will always be the same.
But if I allow the money to stay in the account and once I have a profit of 1000 in the account, I will raise the lot size, then when I trade the same trade will make me 125.00. The Ratios will be the same but now we are growing the account. Keep in mind that it is NOT the balance to be concerned with but the ratio.
Currently, I have a global limit of 2 lots. That means I will only open a maximum of 2 orders at one time.
As the balance grows I will increase the lot size and increase the global limit. Instead of trading 1 lot, I will begin to trade 1.25 lots and a global limit of 3 and continue to increase as the account grows.
The ratios will remain the same from my account to your account but the balance will grow faster.
This is what I did to take my account from 2300 to 33000.00
Best Regards
David Stanton
· 5
Horace
2015.11.27
Thanks David, I like your strategy. I look forward to increased trading triggers and profitability over the next few months.
Jose Carlos Garcia Barrios
2015.11.27
Great signal provider. Keep on moving forward to see this big profits in ours accounts.
David Stanton
Hello to All Subscribers of CANDLE LIGHT
https://www.mql5.com/en/signals/69013
I wanted to let my Subscribers know that the Trade Triggers are still active and working extremely well.
Now about the previous Trade Triggers, they just did not function at all with the other pairs. Also they would not Trigger any buy orders.
Over the past weeks, I have begun running scenarios for both the Major and Minor pairs. I have discovered very exciting results. The new Trade Trigger modifications seem to work with most all of the pairs and also Buy orders.
I do not have any firm results as of yet but I wanted everyone to know what I am working on right now.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
I wanted to let my Subscribers know that the Trade Triggers are still active and working extremely well.
Now about the previous Trade Triggers, they just did not function at all with the other pairs. Also they would not Trigger any buy orders.
Over the past weeks, I have begun running scenarios for both the Major and Minor pairs. I have discovered very exciting results. The new Trade Trigger modifications seem to work with most all of the pairs and also Buy orders.
I do not have any firm results as of yet but I wanted everyone to know what I am working on right now.
Best Regards
David Stanton
· 8
Andre van den Berg
2015.11.27
Very exciting news Dave! Please keep us updated with the testing progress.
David Stanton
Hello to All Subscribers of CANDLE LIGHT
https://www.mql5.com/en/signals/69013
The Trade Triggers just activated for two successful trades.
69.00 PROFIT
69.00 PROFIT
That puts CANDLE LIGHT at 2818 % with 405 trades. 99% Success
Please feel free to contact me if anyone has any questions.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
The Trade Triggers just activated for two successful trades.
69.00 PROFIT
69.00 PROFIT
That puts CANDLE LIGHT at 2818 % with 405 trades. 99% Success
Please feel free to contact me if anyone has any questions.
Best Regards
David Stanton
· 6
maxcassano
2015.11.25
Will you please withdraw the earnings from your master account to keep it at $5000? It is now 10% it is a good time to cash in :-)
David Stanton
Hello to All Subscribers of CANDLE LIGHT
https://www.mql5.com/en/signals/69013
The Trade Triggers are now live and online.
I wanted to wait just a bit after the market opened before I Activated them.
In case you missed my other post, I am now only using 6 Trade Triggers. One of the Trade Triggers was too similar to another one. That may have caused issues when trading.
As always if you have questions, please feel free to PM. I will do my best to keep you informed and answer your questions.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
The Trade Triggers are now live and online.
I wanted to wait just a bit after the market opened before I Activated them.
In case you missed my other post, I am now only using 6 Trade Triggers. One of the Trade Triggers was too similar to another one. That may have caused issues when trading.
As always if you have questions, please feel free to PM. I will do my best to keep you informed and answer your questions.
Best Regards
David Stanton
· 6
David Stanton
Hello to All Subscribers of Candle Light
https://www.mql5.com/en/signals/69013
I am going to wait 24 hours before I bring the Trade Triggers back on line. Since the Eur is so very low at this point.
I also want to thank each one of you who made encouraging remarks about the trades. Thanks for your kind support.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
I am going to wait 24 hours before I bring the Trade Triggers back on line. Since the Eur is so very low at this point.
I also want to thank each one of you who made encouraging remarks about the trades. Thanks for your kind support.
Best Regards
David Stanton
· 5
maxcassano
2015.11.23
Thanks for letting us know David; it is extremely important for us to know when to NOT EXPECT trades.
For the last trade you confirmed the Trade Triggers were still valid while the DD reached 100 pips; i wonder why in this scenario no other trigger have triggered
If the old triggers were still valid, wouldn't have been reasonable to expect more positions being opened at much higher price? Do you have a max limit on number of open positions? If it is so, i would appreciate to know what the max is
Thanks
For the last trade you confirmed the Trade Triggers were still valid while the DD reached 100 pips; i wonder why in this scenario no other trigger have triggered
If the old triggers were still valid, wouldn't have been reasonable to expect more positions being opened at much higher price? Do you have a max limit on number of open positions? If it is so, i would appreciate to know what the max is
Thanks
David Stanton
2015.11.23
MAXCASSANO - Hi, I will alert everyone when I have paused the Trade Triggers. After such a huge drop in the Eur, I wanted to give it a bit of time to retract. However, as I monitor the Trade Triggers they are not even close to Activation during this time. So that just makes me have more confidence in them.
After New York opens and trades a bit, I will probably bring them back online. Certainly, by the the London opens they will be actibe.
Currently, I am allowing only TWO open orders at one time. This is due in part so that I can just make sure all is good. The Old Trade Triggers would open what I called "recovery trades" . If the Trade Trigger was valid and the DD reach a certain level then a new order would be opened. I do not have the Recovery Trade activated just yet. I will do so after a few more trades.
One very important thing that I hope everyone has learned about me, is that I am very very cautious. I am slow to change something and if I do not believe 100 percent that the trade is good, then I will not trade.
I think I have answered your questions but if you have any other questions, please feel free to PM
Best Regards
David Stanton
After New York opens and trades a bit, I will probably bring them back online. Certainly, by the the London opens they will be actibe.
Currently, I am allowing only TWO open orders at one time. This is due in part so that I can just make sure all is good. The Old Trade Triggers would open what I called "recovery trades" . If the Trade Trigger was valid and the DD reach a certain level then a new order would be opened. I do not have the Recovery Trade activated just yet. I will do so after a few more trades.
One very important thing that I hope everyone has learned about me, is that I am very very cautious. I am slow to change something and if I do not believe 100 percent that the trade is good, then I will not trade.
I think I have answered your questions but if you have any other questions, please feel free to PM
Best Regards
David Stanton
maxcassano
2015.11.24
Thanks for clarifying.
I remembered the RECOVERY TRIGGERS from previous trades and was wondering if you were still using them; please let us know if and when will be re-introduced.
I remembered the RECOVERY TRIGGERS from previous trades and was wondering if you were still using them; please let us know if and when will be re-introduced.
David Stanton
Hello to All Subscribers of Candle Light
https://www.mql5.com/en/signals/69013
WOW! We had to ride the Dragon on those trades. But now all is good.
Profit 112.00 on first trade.
Profit 18.00 on second trade.
Let me just say a few things here. 18.00 profit instead of 100.00 profit demonstrates that the Trade Triggers work as plan. The Trade Trigger was no longer valid for that trade so it closed at a tiny profit. As it looks right at this moment, it might could have close out at the 100.00 profit IF we held the position. But the risk would have been that the price turns around and goes straight back to the top. So, we take our small profit and we are still ahead.
However, even though there was a DD that I personally did not like, the Trade Trigger was viable. That is why I held.
Also, please understand a few things. I DO NOT FOLLOW ANY OF THE SAME RULES, INDICATORS OR CHARTS AS ANYONE ELSE THAT USES THE MT4. I use only my Trade Triggers.
If you see a certain action from your point of view, keep in mind that it is probably something that is not important to the Trade Triggers.
One last item that I would like to explain. During an open trade, I am running tests moment by moment. I am dedicated to the open trades day or night. Only during this time, I will not reply to messages. So please dont worry if you send a message and I do not reply during an open trade. I will reply as soon as I can.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
WOW! We had to ride the Dragon on those trades. But now all is good.
Profit 112.00 on first trade.
Profit 18.00 on second trade.
Let me just say a few things here. 18.00 profit instead of 100.00 profit demonstrates that the Trade Triggers work as plan. The Trade Trigger was no longer valid for that trade so it closed at a tiny profit. As it looks right at this moment, it might could have close out at the 100.00 profit IF we held the position. But the risk would have been that the price turns around and goes straight back to the top. So, we take our small profit and we are still ahead.
However, even though there was a DD that I personally did not like, the Trade Trigger was viable. That is why I held.
Also, please understand a few things. I DO NOT FOLLOW ANY OF THE SAME RULES, INDICATORS OR CHARTS AS ANYONE ELSE THAT USES THE MT4. I use only my Trade Triggers.
If you see a certain action from your point of view, keep in mind that it is probably something that is not important to the Trade Triggers.
One last item that I would like to explain. During an open trade, I am running tests moment by moment. I am dedicated to the open trades day or night. Only during this time, I will not reply to messages. So please dont worry if you send a message and I do not reply during an open trade. I will reply as soon as I can.
Best Regards
David Stanton
· 7
[Eliminato]
2015.11.20
Seems like a return to form, keep up the good work David
gwindy
2015.11.21
Awesome work again David :) I was very comfortable riding the dragon. The dragon had a preditcable pattern :)
David Stanton
Hello to All Subscribers of Candle Light
https://www.mql5.com/en/signals/69013
As you see we have two open orders currently, but the Trade Triggers are strong and I was very tempted to add an additional sell order. However, I will let my Trade Triggers do the work. I feel very good about the positions I believe we will see a nice profit.
This account is my real money and like you I hate to ride the Dragon but this happens from time to time.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
As you see we have two open orders currently, but the Trade Triggers are strong and I was very tempted to add an additional sell order. However, I will let my Trade Triggers do the work. I feel very good about the positions I believe we will see a nice profit.
This account is my real money and like you I hate to ride the Dragon but this happens from time to time.
Best Regards
David Stanton
· 5
miki86
2015.11.20
I always had full confidence, i'm with you since 10 months and never disappointed. HAPPY BIRTHDAY Candle light, today is one year from the first trade of this service. I wish u the best.... For detractors: let me say this, if you are a subscribers you have the right to comment otherwise nope!!! Join o stay away
David Stanton
Hello to All Subscribers of Candle Light
https://www.mql5.com/en/signals/69013
SUCCESSFUL TRADE JUST NOW..... $73.00 PROFIT.
This month 293.00 gross
This brings Candle Light to 401 profitable trades
Candle Light 2697%
118.79 Profit Factor
If anyone has any questions, please feel free to Private Message me. I do not always see my comments on the posts.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
SUCCESSFUL TRADE JUST NOW..... $73.00 PROFIT.
This month 293.00 gross
This brings Candle Light to 401 profitable trades
Candle Light 2697%
118.79 Profit Factor
If anyone has any questions, please feel free to Private Message me. I do not always see my comments on the posts.
Best Regards
David Stanton
· 6
Lassedh82
2015.11.19
Ok. didn't calculate - just looked at the chart. But we have been here before and come out the other end - and we will again. :-)
Lassedh82
2015.11.19
reached daily 2. resistance - 1.07318 - which is now a support. Let's see the price break it.
Slainiae
2015.11.19
It hit resistance at 1.07624 and bounced off. High probability that it will continue to drop from there and re-test recent lows.
David Stanton
QUESTION FROM A POSTER:
If you check my previous posts, you will find that Slainiae posted the following question. It is a very good question so I thought I would post it so everyone would see it.
* * * * *
Slainiae 7 hours ago
Hi David.
I noticed another popular signal taking a DD of almost 100% recently. Rightly or wrongly, people say that that is the risk you take when trading Forex.
What are your own thoughts on the management of risk when trading, and in particular when to use (or not) stop losses?
* * * * *
MY ANSWER..... This is going to be a long answer :)
Let first say that there are many good Signal Providers on this site. No one really knows what each one is doing or their strategies. Therefore, it is impossible to comment on what someone is doing without all of the proper information.
But I can say that I have seen Signal Providers hold on to a position much too long in an effort to keep their 100% perfect record. In a few cases the Signal Provider blew up the account.
As for me, I test my DD and SL as much as I test my TP and successful orders. Before an order is entered, I know before hand, the entry point that I am looking for, the exit point and how long I am willing to hold the position. All of these points are per-configured and I will continue to hold the position as long as my Trade Triggers are valid.
On the other hand, others will tell you to set the SL or DD at a low price so as to conserve your money. But I must say that it is very difficult to enter the trade at the exact perfect point. The trade maybe close to the entry point but it might move in the wrong direction before it moves into profit. If that is the case then you will have to withstand a DD. Who cares if there is a DD as long as the end result is a nice profit? Let me add, within reason. :)
Therefore, if a Signal Provider has a strategy that is producing profits and he is doing a good job, then it is up to you to subscribe or not to subscribe. He may be using a strategy that works really well for his type of trading.
The people who know me already understand that I will NOT trade unless I firmly believe in the future outcome. I will not take chances on GUESSING when to enter or GUESSING when to exit the trade. If I enter a trade then I believe that it will make a profit and in some cases I may have to Ride the Dragon. That is why I am willing to set deep SL so that the market can fluctuate and have an opportunity to realign and produce a profit. But these are my methods that work for me.
In closing I will simply state that there is a healthy balance between setting a SL too shallow and setting it too deep. Each Signal Provider has a different method and there is no one correct way. I just know what works for me.
Slainiae, I hope this answers your questions. If not, please feel free to contact me anytime.
Best Regards
David Stanton
If you check my previous posts, you will find that Slainiae posted the following question. It is a very good question so I thought I would post it so everyone would see it.
* * * * *
Slainiae 7 hours ago
Hi David.
I noticed another popular signal taking a DD of almost 100% recently. Rightly or wrongly, people say that that is the risk you take when trading Forex.
What are your own thoughts on the management of risk when trading, and in particular when to use (or not) stop losses?
* * * * *
MY ANSWER..... This is going to be a long answer :)
Let first say that there are many good Signal Providers on this site. No one really knows what each one is doing or their strategies. Therefore, it is impossible to comment on what someone is doing without all of the proper information.
But I can say that I have seen Signal Providers hold on to a position much too long in an effort to keep their 100% perfect record. In a few cases the Signal Provider blew up the account.
As for me, I test my DD and SL as much as I test my TP and successful orders. Before an order is entered, I know before hand, the entry point that I am looking for, the exit point and how long I am willing to hold the position. All of these points are per-configured and I will continue to hold the position as long as my Trade Triggers are valid.
On the other hand, others will tell you to set the SL or DD at a low price so as to conserve your money. But I must say that it is very difficult to enter the trade at the exact perfect point. The trade maybe close to the entry point but it might move in the wrong direction before it moves into profit. If that is the case then you will have to withstand a DD. Who cares if there is a DD as long as the end result is a nice profit? Let me add, within reason. :)
Therefore, if a Signal Provider has a strategy that is producing profits and he is doing a good job, then it is up to you to subscribe or not to subscribe. He may be using a strategy that works really well for his type of trading.
The people who know me already understand that I will NOT trade unless I firmly believe in the future outcome. I will not take chances on GUESSING when to enter or GUESSING when to exit the trade. If I enter a trade then I believe that it will make a profit and in some cases I may have to Ride the Dragon. That is why I am willing to set deep SL so that the market can fluctuate and have an opportunity to realign and produce a profit. But these are my methods that work for me.
In closing I will simply state that there is a healthy balance between setting a SL too shallow and setting it too deep. Each Signal Provider has a different method and there is no one correct way. I just know what works for me.
Slainiae, I hope this answers your questions. If not, please feel free to contact me anytime.
Best Regards
David Stanton
· 7
David Stanton
Hello to All Subscribers of Candle Light
https://www.mql5.com/en/signals/69013
Let me tell you a little story............................
Eisenstein once said, that he was not really any smarter than anyone else. He just had the ability to concentrate on the problem longer.
Believe it or not, that is my motivation for Candle Light. I believe my Trade Triggers are strong and valid. This brought me to 2600 per cent and 400 successful trades.
However, there was something missing that would cause a little glitch and possible losses. For the previous 2 months, as you can see, I did not trade much at all. I was busy trying to modify my Trade Triggers.
As a result, I lost most of my subscriber base. That is OK because I refuse to trade unless I was very confident with the trade. Each week, I though it would only be a few more days before I would have the solution.
As a result of concentrating day after day on the enhancements, I can tell you that I am very excited to have figured out my Trade Trigger modifications. As I said yesterday, I believe we will see good and profitable trades this month.
So far, my Candle Light account, made 178.00 just in the past days.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
Let me tell you a little story............................
Eisenstein once said, that he was not really any smarter than anyone else. He just had the ability to concentrate on the problem longer.
Believe it or not, that is my motivation for Candle Light. I believe my Trade Triggers are strong and valid. This brought me to 2600 per cent and 400 successful trades.
However, there was something missing that would cause a little glitch and possible losses. For the previous 2 months, as you can see, I did not trade much at all. I was busy trying to modify my Trade Triggers.
As a result, I lost most of my subscriber base. That is OK because I refuse to trade unless I was very confident with the trade. Each week, I though it would only be a few more days before I would have the solution.
As a result of concentrating day after day on the enhancements, I can tell you that I am very excited to have figured out my Trade Trigger modifications. As I said yesterday, I believe we will see good and profitable trades this month.
So far, my Candle Light account, made 178.00 just in the past days.
Best Regards
David Stanton
· 8
Slainiae
2015.11.17
Hi David.
I noticed another popular signal taking a DD of almost 100% recently. Rightly or wrongly, people say that that is the risk you take when trading Forex.
What are your own thoughts on the management of risk when trading, and in particular when to use (or not) stop losses?
I noticed another popular signal taking a DD of almost 100% recently. Rightly or wrongly, people say that that is the risk you take when trading Forex.
What are your own thoughts on the management of risk when trading, and in particular when to use (or not) stop losses?
David Stanton
Hello to All Subscribers of Candle Light
https://www.mql5.com/en/signals/69013
SUCCESSFULL TRADE JUST NOW..... $76.00 PROFIT.
I will do my best to keep everyone posted.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
SUCCESSFULL TRADE JUST NOW..... $76.00 PROFIT.
I will do my best to keep everyone posted.
Best Regards
David Stanton
· 10
jacobfiltenborg
2015.11.17
Good job David! I am impressed by your stubborn believes in your strategy. Thanks a lot!
David Stanton
Hello to All Subscribers of Candle Light
https://www.mql5.com/en/signals/69013
We are off to a good start. WOW ! It feels great to be trading again.
Candle Light took a PROFITABLE TRADE of 65.00 netting out 58.00 after the commission. As I have already said, we should see many more begin to hit.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
We are off to a good start. WOW ! It feels great to be trading again.
Candle Light took a PROFITABLE TRADE of 65.00 netting out 58.00 after the commission. As I have already said, we should see many more begin to hit.
Best Regards
David Stanton
· 12
David Stanton
2015.11.16
Starwars, I lost all of my subscribers because my Trade Triggers made NO trades. I am unwilling to trade when the conditions are not right. That is why I did not trade. If you know me, then you know I will not take any chances because this market is high risk enough. Candle Light is now at 400 successful trades and 2665 %.
David Stanton
Hello to All Subscribers of Candle Light
https://www.mql5.com/en/signals/69013
The market is now open and this week should be good for all of us.
I will say with a high degree of certainty that we will see many good trades this week.
Candle Light is back on line and will remain on line 24 x 7.
I do not have any final results from testing the other pairs. I am only about 1/4 of the way done. As soon as I have something, I will post here.
As always, please feel free to contact me if you have any questions.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
The market is now open and this week should be good for all of us.
I will say with a high degree of certainty that we will see many good trades this week.
Candle Light is back on line and will remain on line 24 x 7.
I do not have any final results from testing the other pairs. I am only about 1/4 of the way done. As soon as I have something, I will post here.
As always, please feel free to contact me if you have any questions.
Best Regards
David Stanton
· 10
David Stanton
2015.11.16
HI, Harrison, The reason I think we should see many good trades is based only my the actions of my Trade Triggers. As I monitor them against the price movement, I am very encouraged.
David Stanton
Hello to All Subscribers of Candle Light
https://www.mql5.com/en/signals/69013
I wanted to give an update about the new modifications on the Trade Triggers. As it turns out, my additional modifications seem to work with a Buy order also. It takes so long to run one test on a single Trade Trigger but I am seeing good results so far. I like to see around 100 successful trades when activating in order to be considered a good Trigger.
The tests I am running are on the minor pairs and NOT the EURUSD..........yet.
My basic plan (providing good results with the buy Trade Triggers) will be to trade 2 separate pairs which are contrary to one another and Trigger Buys and Sells on both.
If this works out as well as I hope, then I will create a new signal for that group.
That is my update for the day and what I am now working on. As always please feel free to contact me if you have any questions.
BTW... I want to welcome my new Friends that I have just added.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
I wanted to give an update about the new modifications on the Trade Triggers. As it turns out, my additional modifications seem to work with a Buy order also. It takes so long to run one test on a single Trade Trigger but I am seeing good results so far. I like to see around 100 successful trades when activating in order to be considered a good Trigger.
The tests I am running are on the minor pairs and NOT the EURUSD..........yet.
My basic plan (providing good results with the buy Trade Triggers) will be to trade 2 separate pairs which are contrary to one another and Trigger Buys and Sells on both.
If this works out as well as I hope, then I will create a new signal for that group.
That is my update for the day and what I am now working on. As always please feel free to contact me if you have any questions.
BTW... I want to welcome my new Friends that I have just added.
Best Regards
David Stanton
· 4
David Stanton
Hello to All Subscribers of Candle Light
https://www.mql5.com/en/signals/69013
The purpose of my posts here is to communicate with my current Subscribers and any potential Subscribers who might have questions. As always, please feel free to PM anytime and I will do my best to reply as soon as I can.
Today I just wanted to say that it is good to be trading again. For the past many many weeks, all I did was run scenarios for my Trade Triggers. But now that they are live and online again, it is exciting to anticipate the next profitable move and also it is very nice to hear from my previous subscribers.
Over the past month if you have been sitting out and waiting for the right time, then let me tell you this..........NOW IS THE TIME TO COME BACK.
The new modifications for the Trade Triggers are more exact than before. I am now setting up to run scenarios for several different pairs since I have made the changes on the modified Trade Triggers. So now, the situation is looking better than before.
As of now, Candle Light returned 2604 % with 99% success rate. From this point on, it will only get better.
Best Regards
David Stanton
https://www.mql5.com/en/signals/69013
The purpose of my posts here is to communicate with my current Subscribers and any potential Subscribers who might have questions. As always, please feel free to PM anytime and I will do my best to reply as soon as I can.
Today I just wanted to say that it is good to be trading again. For the past many many weeks, all I did was run scenarios for my Trade Triggers. But now that they are live and online again, it is exciting to anticipate the next profitable move and also it is very nice to hear from my previous subscribers.
Over the past month if you have been sitting out and waiting for the right time, then let me tell you this..........NOW IS THE TIME TO COME BACK.
The new modifications for the Trade Triggers are more exact than before. I am now setting up to run scenarios for several different pairs since I have made the changes on the modified Trade Triggers. So now, the situation is looking better than before.
As of now, Candle Light returned 2604 % with 99% success rate. From this point on, it will only get better.
Best Regards
David Stanton
· 8