- Search Metals Mine
- jinsen replied Dec 21, 2009
Thanks nanning for your reply. I just trying how i can incorporate your money management into my current trading systems. I current trading only resistance and support. Seldom on the trendline as sometimes i saw alot of trendline is broken just to ...
Nanningbob 4H trading system
- jinsen replied Dec 21, 2009
hi nanning, Whats your biggest drawdown percentage in account you had to absorb when you decided to close those trade.? Whats your average percentage gain in account for most trade? thanks regards jin
Nanningbob 4H trading system
- jinsen replied Nov 6, 2009
I cant remember which forum i read before where this guy compile the daily way back on a 15 years data. I dont think its a 200 pips daily. Unless, your data is based on a few years. Dont mind sharing your data for daily if you have. I just cant ...
Averaging trading system
- jinsen replied Aug 16, 2009
Its always very subjective when it comes to money management. As for me, do i always risk 1:1. Not really. Most of my trade is closed to 1:0.7. Even though some trades does give 1:1. I put in another 15 plus pips. or maybe 30pips more to put myself ...
4 Hour Strategy (MACD)
- jinsen replied Aug 5, 2009
Even if it gives me a good tc. I not going to take it. I hate seeing a nice setup turn into a lose trade. And the only reason i can give is because it is due to news. Then i ask myself why trade during news since you know it. Look like 4hr macd ...
4 Hour Strategy (MACD)
- jinsen replied Aug 1, 2009
hi andy, Lets assume it does give a tc signal on the macd to the downside. It is not considered high probability trade. The price is in between 89 and 200. We can trade between them if a certain bounce between these edges are establish over a range ...
4 Hour Strategy (MACD)
- jinsen replied Jul 30, 2009
hi gujj, I still learning, i wouldnt trade both. Both maybe going to show the end of their run according to the market rythm. Why not take a look at this word file. Have you read it. Its not done by me. I think its by one of the pioneers. Take a ...
4 Hour Strategy (MACD)
- jinsen replied Jul 29, 2009
Hi, I remember reading somewhere in the forum where EUR/USD and USD/CHF are negatively correlated. So i think it doesnt make sense to trade both currency at the same time. The risk is double or the gain is double. I not at my home. I not sure if ...
4 Hour Strategy (MACD)
- jinsen replied Jul 28, 2009
I agree on that. I still wont trade at the moment. There is too much tails up and down showing. Now can only wait and see how it react to the 1.4300 or the the lower trendline.
4 Hour Strategy (MACD)
- jinsen replied Jul 27, 2009
1) Look like 1.4300 price has some resistance power. 2) A monthly R/S line is also there. Look like only got two choice. a) Anticipate a long for breakout. Be sure to put breakeven as soon as possible as there seem to have resistance obstacles based ...
4 Hour Strategy (MACD)
- jinsen replied Jul 21, 2009
hi xenerix, The chart you posted on eur/jpy. Do you consider that macd to be double top? or like say, it cross through zero and then back up again, you still consider it to be double top? I remember one of the mp3 saying that doubletop is also a ...
4 Hour Strategy (MACD)
- jinsen replied Jul 21, 2009
hi ssg, While reading through the past post. I remember seeing some trade that look quite similar to the current one you posted. I think most of the trade plan is wait for the price to break 21 and then comeback to 21 and then will make lower ...
4 Hour Strategy (MACD)
- jinsen replied Jul 19, 2009
FYI, This strategy created by phillips can actually work in trending and consolidation period. Most of the people only focused and tried to master the trending. So far, i think only phillip know how to trade those consolidation period consistently. ...
4 Hour Strategy (MACD)
- jinsen replied Jul 19, 2009
Hi time, This is sometimes very confusing for me. From your trade above. It is a tc if according to the 4hour. however, from the daily perspective, it is a ct. Hmmm...Since the longer time frame has more weight. So it is overall a ct...is that ...
4 Hour Strategy (MACD)
- jinsen replied Jul 6, 2009
Assuming every conditions is met. And that 4 hour candle closed, still with a green macd. Would you still trade it assuming you know that it need another 10pips before it made a red on that macd for tc. I cant wait for the new 4hour candle to close. ...
4 Hour Strategy (MACD)
- jinsen replied Jul 6, 2009
hi xenerix, Tc on breakout i think only got two scenarion. From what i read through and learn. One of them is the one xeneric show. Another one is you anticipate before the breakout. I like this current scenarion on GU. A support being breakout and ...
4 Hour Strategy (MACD)
- jinsen replied Jul 6, 2009
hi ssq, Are you seling because it is on the fibo retracement? regards jin
4 Hour Strategy (MACD)
- jinsen replied Jul 3, 2009
Eurusd got no rhythm now. The 89 and 200 are entangle. Doesnt show any defined direction at all. Skip it. Let the action begin after tuesday. Resting time
4 Hour Strategy (MACD)
- jinsen replied Jul 2, 2009
lol.....got whipped out when it retraced earlier on my be. But secured profits already. no loss. although disappointed at their trending momentum.
4 Hour Strategy (MACD)
- jinsen replied Jul 1, 2009
Hi welsh, Need your opinion again. Did you take the trade on the eurusd as displayed on my chart. My entry is on that opening of that candle as indicated by the small red arrow. Stoploss is the red box and profit target is the green box. My plan is ...
4 Hour Strategy (MACD)