For a long time I wasn't sure if there was a way to use hedging that suited me, but this thread definitely sparked something. Like the first impression I get (also from the title) is that by hedging you welcome the market's randomness with open arms ...

Hedging/averaging trades without prediction

Imagine putting all this work into saying that something is a lost cause. These forums are fun every once in a while. It's a casino if you treat it as such. It's a business if you treat it as such. Both have risk attached to it, but only one has a ...

Forex - A negative sum game for losers

Making a statement like that is pointless since you can't prove that people make or lose money over the long run trading forex unless they personally share their bank statements with you. Those who take it as entertainment are usually the ones that ...

has anyone EVER seen a successful trader/trading system?

Depends what you mean by 'losing day'. It's losing 4. Not necessarily 4 in a row. Maybe you lose 1, then win 2, then lose another one, then win 3, etc. So you might have 4 losers (you stop for the day), but you won 5 throughout the day. So it's not ...

As simple as possible: 00 level trading

FXCyborg already answered this: Please read the thread or use the search before posting questions like these that aren't related to the method. This thread got big fast and it's better to keep these types of posts to a minimum.

High Level Accuracy Method With Little To NO Draw-down

Still learning: image Pattern spotted at the UJ M15. Didn't specifically look for an accumulation in the M15 chart because (quoting FXCyborg) "15 min and upwards. DO NOT require an accumulation." & "Because the 15 Min bar is a composition of 1 and ...

High Level Accuracy Method With Little To NO Draw-down

This is amazing and extremely useful. Thank you for taking the time to put a step-by-step post with screenshots.

High Level Accuracy Method With Little To NO Draw-down

Thank you for your replies 2dollardog, you've been really helpful. I know this is discretionary and one has to do the legwork but I want to at least get the setup right, whether that setup works out or not. Side question on the method, because I saw ...

High Level Accuracy Method With Little To NO Draw-down

Thanks for replying. So, in that case, where would the TP be at? Is the structural low further to the left? Also, if you don't mind me asking, wasn't this another setup as well? image

High Level Accuracy Method With Little To NO Draw-down

I think I'm getting there. Did you mean this? image So the TP target is the last structure high / low before the setup? Is what they're saying not accurate? Genuinely asking.

High Level Accuracy Method With Little To NO Draw-down

Thanks for the insight guys. Alright, let's try this again (I try to label the charts as clearly as I can). This is on the UJ-15M, the move already happened but I want to learn to spot these setups. Would this one be valid? image

High Level Accuracy Method With Little To NO Draw-down

Trying to learn and get the setup right, is this valid? Any criticism is appreciated. image Thanks in advance, and thank you FXCyborg for all the work you've put into this thread.

High Level Accuracy Method With Little To NO Draw-down

In that chart the orders were placed just after the setup, but shouldn't the move happen after the setup? Because I remember a reply by FXCyborg that indicated that: Is entering a trade just after the setup was developed valid as well? Or am I ...

High Level Accuracy Method With Little To NO Draw-down

Or that you're not good at this. You can blame everyone / everything else, but if you spent 5 years trying out indicators, EAs and signal services in hopes that something would work, then that speaks for itself. The fact that you lost $15.000 USD in ...

forex and all eas are a scam, stay away from forex

Sorry to quote this one again from a few days ago, I had to . Quick questions Lem, if you don't mind. When doing this excersise, was it done within the same pair? And did you had a specific approach or did you have a set of methods in your ...

Billytt Die happy trading e/j daily breakout

Talking about money management, and I might be going off on a tangent here, but to those of you that daytrade, how do you manage your trading day? For example, do you set a daily goal in $ and when you meet your goal your stop for the day, or you ...

Billytt Die happy trading e/j daily breakout

Well, let me see, HOLO and, oh yes, I remember, HOLO. The reason I stopped trading HOLO was mainly because of my schedule (gotta pay attention at highs and lows and those might change throughout the day and I ended up missing a few entries), so now ...

Billytt Die happy trading e/j daily breakout

Good job for ending the week in green HappyMan. Just remember to be careful with your drawdown, I'm not sure how many pips you banked but always keep in mind how much you're risking (I say this because I assume you grabbed something between 5~10 ...

Billytt Die happy trading e/j daily breakout

I mean, it's only a bad habit if you make it one. As long as you're responsible and you keep your drawdown under control I don't think there's anything wrong with countering or fixing a bad trade. If you ended up in green, exiting at +5, while ...

Billytt Die happy trading e/j daily breakout

Sounds like a fun experiment for sure. Plus, if you get good at fixing trades, you're golden lol.

Billytt Die happy trading e/j daily breakout