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FX-Jay replied Oct 20, 2014No need to get mad about this man. We all know that anyone can open a demo account, open opposing trades, close the winning ones, keep the losers running .. and so on. This could go on for a long time & allow you to accumulate 100s of winning ...
Counter-trend trading
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FX-Jay replied Oct 20, 2014I understand your skepticism and lack of belief specially since Ullen & MadMoney aren't providing their full statements over here & they have all the right to do so if you ask me. However its a bit harsh to overgeneralize don't you think? Here you ...
Counter-trend trading
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FX-Jay replied Oct 20, 2014So for those who took the trade, you should be up 40 pips by now. Here's what to do next: a- Close 30% of you position & book your 1st 40 pips b- Move the SL of the next 40% of your position to BE, and adjust the TP to 0.8810 c- Keep the final 30% ...
The similarity system
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FX-Jay replied Oct 19, 2014Hey Leeshindig, Just for fun here's my answer to the 'long term trend' statement: Attached is a screenshot of one of my recent posts on a private group on NZD/USD which also is supposed to be in a long term down trend Also attached is my entry & ...
The similarity system
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FX-Jay replied Oct 19, 2014You're on the right track mate. My strategy is work in progress, and there have been updates on it since day one. The basis remains the same, and I have shared it in private with a selected few on the hopes of developing it further and making it as ...
The similarity system
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FX-Jay replied Oct 19, 201494% probability that AUD/USD will reach 0.8838 before Wednesday's Asian session Current price 0.8742 Target 0.8838 (+96 pips) Stop Loss 0.8670 (-72 pips) Risk/Reward Ratio: 1:1.33 Probability of success: 94% Expiry time: End of Tuesday's American ...
The similarity system
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FX-Jay replied Oct 19, 2014Hey Neio, Any smart question or constructive criticism is more than welcome. You're one of the good people around here with legit contributions, that's why I took the time to go back in my trading history to check what happened at that time. The ...
The similarity system
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FX-Jay replied Oct 19, 2014After enough practice you'll be able to determine the correct H & K values for different TFs & instruments. Once you reach that stage you'll start on focusing on finding the high probability setups. Once you determine those setups, you'll only pick ...
The similarity system
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FX-Jay replied Oct 16, 2014I know that a lot of you don't really like EURUSDD (the member) It's true that guy was a bit cocky & with too much balls, but apparently he really knew what he was talking about. It took me some time and real hard work to get what he was trying to ...
EURUSD
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FX-Jay replied Oct 16, 2014If you feel inclined to hate or give bad/useless/nonconstructive thoughts, I just need you to read these posts before: (I bet all your questions have been answered there) url url This is as real & good as it gets. I started this journey live on ...
The similarity system
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FX-Jay replied Oct 16, 2014Hey guys, it has been a while. Hope everyone is learning well and doing some profits. I've been away from this thread for some time, and I still have lots of reading to do in order to catch up. However, I have noticed an incredible amount of ...
The similarity system
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FX-Jay replied Oct 8, 2014@GekkorJr92 Your calculation for "uninterrupted" runs should be from 1st red circle to second red circle. Once an opposite arrow appears, the run is interrupted, that why you should end your calculation based on the 2nd red circle's low. Also don't ...
The similarity system
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FX-Jay replied Oct 8, 2014Exists are as important (if not more) than entries. Each of my signals has a maximum exit day and lately I added an addition exist price in the form of a preset SL that can only get tighter. The 1.299 calls expired a long time ago, probably Sept ...
The similarity system
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FX-Jay replied Oct 8, 2014Keep up the great work, and keep us posted. I trade all instruments that my broker offers
I even experimented with stocks for a while. I usually use H4 TF, recently I'm going for the H1 and M30The similarity system
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FX-Jay replied Oct 8, 2014Thanks
Loved your post about TZ For whoever didn't check it yet, make sure you do, it has some insightful info that you will need url The similarity system
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FX-Jay replied Oct 8, 2014When you have a 90+% profitable trade (based on the system settings), you have the advantage of playing with your R:R. I can chose to have an RR of 8:1 and still be profitable. However, if you are actively trading and experience enough to know how ...
The similarity system
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FX-Jay replied Oct 7, 2014I have 2 signals on GBPUSD, both long. Targets 1.6125 & 1.6130
The similarity system
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FX-Jay replied Oct 7, 2014Here you go Few things to focus on: a- Positive Floating b- 94.55% profit trades (243/257) c- Max consecutive losses = 2 d- Max volume = 1 lot/trade e- Total profit > 100% in less than 1 month
The similarity system
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FX-Jay replied Oct 7, 2014I just wanted to share with everyone the results obtained in the last month. For those following me from the beginning, they know that I started with this account on my 1st day on FF and I was posting my trades here on a daily basis. It was an ...
The similarity system