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EricFX replied May 13, 2007Part2 — Part 2: Money Management I always use 2 lot when i take a trade.The first one have a static TP, usualy its at least 2 time my SL.When my first target get reach i move my SL to BreakEven + 1 for the second Lot, its my runner with no ...
EricFX Stoch Method
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EricFX Stoch Method
Started May 13, 2007|Trading Systems|140 replies
I decided to start a news thread with my methodology, will be more simple to me to follow all ...
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EricFX replied May 12, 2007Hi, I got alot of request for my Words document when it will be ready, so i decided to not make it and to put all the information directly on this thread. the only thing ill ask its to not ask any question if you didnt read the entire thread, i dont ...
TEB sytstem
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EricFX replied May 12, 2007I dont mean at News time, that can happen anytime, that will move the market by like 10-15 pips for no reason,sometime its jsut a TP , other time its a SL, other time i realy dont know why hehe. At news time its easy , you jsut need to have ...
TEB sytstem
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EricFX replied May 12, 2007"Iceberg Formation" mean, when a bank want to sell by exemple 600M of euro , they will try to hide the ammount of money by placing alot of little order, so other bank will not bid against them cuz they didnt know they try to sell a bunch of ...
TEB sytstem
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EricFX replied May 12, 2007I use the 30m and the 4H and i only take trade when it agree with the 4H. Sometime i go against the trend when i saw in the market depth too much wierd pending entry(Iceberg formation) but usualy i follow the trend. Best Regards, EricFX
TEB sytstem
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EricFX replied May 12, 2007Hi Teb, I only use Stoch to trade, but for my TP i draw a Fibs Retracement on the High/Low of the Last day, i use them as R/S. Best Regards, EricFX
TEB sytstem
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EricFX replied May 12, 2007No , i dont know too much the MT4 platform but i think the equivalent is a Full Stoch, on Reuters its SMI (Stochastic Momentum Index) it use a double smoothing %K but a Full Stoch will do the job. Best Regards, EricFX
TEB sytstem
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EricFX replied May 12, 2007Yeah same setup. Technicaly it work on all timeframe but its realy difficult to put a good SL on a timeframe lower than 30 min. Best Regards, EricFX
TEB sytstem
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EricFX replied May 12, 2007Hi TEB63, I use a Standart Stock with 5/3/3 and a slow Stoch 14/3/3 Best Regards, EricFX
TEB sytstem
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EricFX replied May 12, 2007Hi Bagovino, Personaly i use 30M/4H because its easier to place a good SL and less wispaw but its a personal choice. If you like 5M/1H and got good result,go for it
. Best Regards, EricFXTEB sytstem
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EricFX replied May 11, 2007Like TEB63 said, only 2 timeframe and the Stochastic, personaly i dont use MA's but its a personal choice. Best Regards, EricFX Edit: I said MultiTimeFrame is the way to go, and i pointed to the TEB2 system cuz its similare to what i use.
TEB sytstem
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EricFX replied May 11, 2007Ill make a Word Document or something like that of what i look when i take a trade cuz i dont have the time to answer alot of question by day. Ill send you my document by email when it will be ready , experiment and if you like something fell free ...
TEB sytstem
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EricFX replied May 11, 2007Hi Bagovino, I dont want to post here how i trade with the Stoch, TEB63 spend a bunch of hour to help you all in this thread. Follow what it do with TEB2 system. MultiTimeframe is the way to go but anybody who follow this thread already know that ...
TEB sytstem
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EricFX replied May 10, 2007Hi TEB63, If you want my opinion, stick with your system you currently use in this thread (i mean TEB2 533, 1433), dont modified it too much, you use about the same setup as what i currently use, Traded my system for 8 year now, a minor variation of ...
TEB sytstem
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EricFX replied May 10, 2007Hi guys, i would like to share a thing with you all because i think that will help you all to archive more profit with your current system.I work at a bank right now as trader and the first thing i learned at my day 1 is: Its IMPOSSIBLE to blow a ...
bringin sexy back - stochastics
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EricFX replied May 10, 2007Hi G-Man, I realy dont know why it get closed for a loss.its maybe the EA who closed the trade or maybe a internal security in the MT4 platform who close trade if it dont have enought data (missing day). Personaly when i tested the EA i saw 1 trade ...
bringin sexy back - stochastics
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EricFX replied May 10, 2007The reason why the position take so much time to close sometime its because the EA took a bad trade and wait for the price came back.Usualy the market price will come back maybe in a hour but sometime it took years to came back. Using a EA without ...
bringin sexy back - stochastics