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ilzalama replied Apr 29, 2013Hey ashtrader, Money management was actually harder to come up with then the method itself. Its a fine balance of trying to keep capital secure while at the same time giving the trade a chance to develop. In all honesty, with a solid MM plan, you ...
Trend Runner
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ilzalama replied Apr 29, 2013Hey gaia68, Lets we if I can help sort it out for you. Here is a hypothetical trade: Long GBP/USD Initial SL 100 pips Next candle I am DOWN 50 pips. Verify these questions: Did last candle close above 200 SMA? If YES Move to next question. If NO ...
Trend Runner
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ilzalama replied Apr 29, 2013Ok, Let us talk about exits. Apart from the nerve from the pulling the trigger on the live account, exits are the most difficult aspect of trading. In this method, people have mentioned that on more than a few occasions, I end up giving back a lot ...
Trend Runner
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ilzalama replied Apr 28, 2013hey pasopvirpo, I am glad to share. That is what this site is for. Now, as for the visual back test you conducted, let us be realistic here. You only looked at less than 3 months on 1 pair. On the EUR/USD during the time you indicated I captured ...
Trend Runner
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ilzalama replied Apr 26, 2013Now that we have the basics out of the way, let us get to the nitty gritty of how to trade this method. Lets do it by examples. Scenario 1 - image As you see, price has moved from below the 200 SMA & closed above the 200 SMA. Supertrend is Blue, ...
Trend Runner
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ilzalama replied Apr 26, 2013Hey Anusragger, Yes as mentioned above, the Support And Resistance (Barry) is based on fractals and it REAPINTS. That is why I mentioned that I wait for it to be confirmed before I move my stop. -ILZ
Trend Runner
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ilzalama replied Apr 26, 2013hey pindang, Thanks for the kind words. I hope it helps someone the way it has helped me. It is a lot less stressful checking the market a few times a day then sitting in front of my PC all day. I got into trading to help free me not become a slave ...
Trend Runner
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ilzalama replied Apr 26, 2013Hello ashtrader, As mentioned before you can add anything you like, but might i suggest you try it as is to get the feeling of the system down. Then add anything that makes you more comfortable. As for ATR itself, the supertrend indicator is based ...
Trend Runner
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ilzalama replied Apr 26, 2013Hey juicyt, The win/loss ratio is approx 85% over the last 24 months. Full disclosure, a "win" by my standard is ANY TRADE THAT ENDS IN PROFIT. So even if I get 1 pip to the good it is a win. In actuality a win/loss ratio is not a good way to judge ...
Trend Runner
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ilzalama replied Apr 26, 2013Now we will start with the basic method of entry. We will also get into advanced entry and exit methods a little later. Long positions- I enter long when - 1- price closes above ( IMPORTANT – PRICE MUST CLOSE ABOVE NOT JUST SPIKE THROUGH) the 200 ...
Trend Runner
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Trend Runner
Started Apr 26, 2013|Trading Systems|473 replies
Hello all, I have been a lurker on this forum for more than a few years. I have decided to ...
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ilzalama replied May 23, 2011Trading Times — Hey, I got a few PMs about when to start trading for the week so I thought I would just post 1 reply here.. I dont usually start trading till the 1 am candle on Sundays, through the 1 am candle on Fridays. If anyone else cares ...
Trading Made Simple
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ilzalama replied May 22, 2011I was thinking of maybe a off forum live chatroom unless Forexfactory has one, where we could share that kind of info, fast! My 2 cents. IL-Z
Trading Made Simple
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ilzalama replied May 21, 2011Hello, I want to say 1st that I am not judging you at all. i understand that the funds you are using are expendable, but you R:R is so out of balance. If you want to play around with this live, which you should as demo IS NEVER THE SAME AS LIVE. ...
Trading Made Simple
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ilzalama replied May 21, 2011Hey, As mentioned before somewhere on here by Big E himself, the methodology stays the same on any TF. Try backtesting with the current method on H1 and see if you like the results. You can lose out on a great run by setting yourself short with a ...
Trading Made Simple
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ilzalama replied May 20, 2011im sorry to hear that. I wish a speedy recovery so we may all join in making massive pips week to week. Best Wishes, IL-Z
Trading Made Simple
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ilzalama replied May 20, 2011I can only suggest that you check to see if you placed the Indis in the right place. Also if you have more than one MT4 platform on your PC, you might want to check to see if the Indis are in the right MT4 folders. You can always delete all ...
Trading Made Simple
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ilzalama replied May 20, 2011[quote=ragl;4632224] Hey Alan, I trade all but US sessions.
Trading Made Simple
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ilzalama replied May 20, 2011Hey there. heres the sto if you didnt already get it.
Trading Made Simple
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ilzalama replied May 20, 20111 Week. — Hey All, So I have been following the thread. I thought I would show you my first weeks results. I have been following what I understand the rules to be. AUD/JPY 2 Trades for the week. Trade 1 = +77 Trade 2 = +2 image AUD/USD 1 ...
Trading Made Simple