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Try this: SYSTEM Independence
Started Nov 21, 2009|Rookie Talk|1 replyHello Here is the simple and reliable system for newbies (and others). The principle behind ...
During ranging periods this works charm but not in strong trending periods.
yes i have 55 pips, locking in. i tried trend trending many times, i made a lot of money during quiet, trending periods just to see it destroyed during quick and violent correction like last fall from 1.51 in euro.
taking your signal — OK, let's try trend following. Selling EurGBP @ 0.8773 for 0.85. Although bit skeptical. according to my analysis on 4hr charts it's about to bottom out.
Fine. Please send me a signal then when you see smart money next time. EUR/CHF, Buy or sell, what price?
Good for you! — You are doing well. But real problem with trend following is DETERMINING the trend. When it keeps falling, it is obvious it is in the downtrend. But when it starts retracing, how would you determine if it is a retrace in a ...
Then what is the trend now in EURUSD? And where is correct entry? And at what point the trend will change?
Actually this guy (Vlad) is on much more advanced stage than 99% of people here. Understanding that NOTHING works is not a beginning stage, it comes only after years of hard work and failing. Believing that the system works and defending it ...
Gap up? — Was it a gap up from 1.4974 to 1.5028? Or just my platform.
example — Trades at 9 am, 10 am and 11 am are pretty straightforward. You take a break of first 5 min candle in the beginning of the hour with automatic 10 pip TP. Pay close attention to a trade at 14:00 pm. First 5 min candle was broken to ...
Hello Here is the simple and reliable system for newbies (and others). The principle behind ...