- Search Metals Mine
- mikforfac replied Jun 7, 2021
I would refrain from doing any shooting lol! It is what you've just describe that makes the markets such a marvel! If we use Peters framework to describe the markets, which in a nutshell basically theorizes on the markets being synonymous with life, ...
- mikforfac replied Jun 7, 2021
Can we see a print screen of your positions, you can cover up most of the information, just need to see entries and prices. I would also add that if you are going to be holding a position for such a lengthy period of time, please please check the ...
- mikforfac replied Jun 7, 2021
I'm not fond of sharing my trading strategy but I am here to help, so what help do you need specifically? If it is a thing where you are starting out and you need a strategy I would suggest going on the Trading System part of Forex Factory, this is ...
- mikforfac replied Jun 7, 2021
It may not be fundamental analysis to YOU, but others can still use (perceived) fundamental analytical information to make sound decisions in the market. I really like the material that you post as it really encourages out of box thinking which is ...
- mikforfac replied May 18, 2021
I am not trading fundamentals at the moment but follow this channel for your fundamental fix: video They do daily summaries at the UK open. I've just quickly scanned the headlines, I would put this move down to the markets expecting a fed hike (my ...
- mikforfac replied May 18, 2021
It pays to be skeptical in a field where there are many charlatans but Mark Douglas has helped many traders I have personally known, so I can personally say his material is the real deal.
- mikforfac replied May 18, 2021
Great post by Anotan, showing the power of using your own data (something that you have control over) to guide your actions in the market.
- mikforfac replied May 18, 2021
Just see it as a time where you can expect volatility in the markets, and as time goes on you will be able to use it in other advanced ways but for now, just keep it simple. I hope this answers your question, if not elaborate more on where you need ...
- mikforfac replied May 13, 2021
Okay if that's the case then just make sure the chart ratio is consistent at all times (ie. you are not zooming in and out of the charts) as this will change the angle. The angle is specific to your screen pixels and is not related to price, so for ...
- mikforfac replied May 12, 2021
It looks like you have found your solution to your problem, focus single-handedly on removing this habit from your trading and I'm sure you'll see better results
- mikforfac replied May 12, 2021
THAT'S TOO MUCH!!!!!!!! Decrease your lot size by a factor of 10. You need to have rules in your strategy that only allow you to trade large lot sizes ONLY if you deserve to. Don't worry though we've all been there and it can be hard to fight the ...
- mikforfac replied May 12, 2021
You will need to post your EA or the area of you code you think is faulty
- mikforfac replied May 11, 2021
You need to lock in the chart ratio, Tradingview is great for this however I am PERSONALLY not a fan of such strategies although I do find them very fascinating, especially when you start to do research on WD Gann, a rabbit hole I won’t suggest ...
- mikforfac replied May 11, 2021
Yes I use EAs, it helps free up a significant amount of time, however it is not a requirement to successful trading
- mikforfac replied May 11, 2021
I currently trade FX, I'm focused on maintaining a watertight system which I can apply leverage to
- mikforfac replied May 11, 2021
Great set of questions Use MAE/MFE From experience I have seen two types of return distributions (low win rate, high (relative) returns OR high win rate, low (relative) returns) mine was the former I feel yours is the latter which is characteristic ...
- mikforfac replied May 11, 2021
feel free to post your analysis, this thread aims to help I will take this question one step further as I can see you are very inquisitive! Ask yourself, WHY do you want this answer, our job is to make money so ask yourself, how will this make me ...
- mikforfac replied May 5, 2021
This question is very vague, I would like to focus on more specific detailed questions like what @maverick2017 is asking as from experience this is the area that yields the most profit and it is a great learning opportunity.
- mikforfac replied May 4, 2021
I use a group of signals to exit a trade. In your case you’ve identified a group of good signals but you’re having a hard time connecting the dots, rebuidling your strategy and by starting with one will help.
- mikforfac replied May 4, 2021
Well, you've identified 4 signals for exiting I would take a few steps back and just use one of hammer, shooting, engulfing or volume and see how useful it is on its own, you might have to walk back a step so you can simplify your strategy just so ...