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damonl replied Feb 11, 2008Some trades triggered today and one got stopped out and triggered in the other direction. It seems that most pairs seem to be a little sleepy right now. The Inside Bar technique as well as my other trading methods can position you to be in the right ...
Inside Bar Trading Technique
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damonl replied Feb 11, 2008Yes... I will be sure to do so, but might not have any time until the weekend. Thanks for the suggestion.
Pivot Point Trading Technique
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damonl replied Feb 11, 2008Hello John, I love trading candlesticks. It has become about 90% of what I do. I have a little more time so I trade about 6 pairs and in some cass more, but it takes me about 3 hours each night to go through my trades. I did enter long at the top ...
candles and trading lines
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damonl replied Feb 11, 2008Thanks for all your hard work. I thought I would give it a try. No trades so far today. Cheers, Damon
Daily Stochastic Oscillator System (#2)
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damonl replied Feb 10, 2008Sounds good. I can't say that I liked using the BES all that much although it was a good experience. It really needs the right trading strategy to be successful, otherwise the drawdown can be pretty severe. So far I haven't really found any trading ...
Coin-Toss Trading Strategy
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damonl replied Feb 10, 2008If you use your imagination, there is a very simple way to reduce your risk. I've done some thorough research on Bulls as well and my buddy was correct. Where ever there is a bull there is bull****. And that is a true statement and it is also very ...
Coin-Toss Trading Strategy
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damonl replied Feb 10, 2008Are you ready for a fantastic week of pivot point trading? I sure am. I have my 6 majors with orders placed and have also placed orders for GJ and ECHF. Let's hope for a good week.
Pivot Point Trading Technique
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damonl replied Feb 10, 2008Ronald, It is and it isn't. But it does take into account a lot of factors. Everything is on a very nice spreadsheet where you plug in your beginning balance, risk, and results of your trades and all the calculating from there is done for you. I ...
Coin-Toss Trading Strategy
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damonl replied Feb 10, 2008I have been working extremely hard to find the best way to handle trailing stops, etc when I am in a trade. When I get my mother thread going, all things will be listed on my excel spreadsheet for you to view. In the meantime I have just made an ...
Inside Bar Trading Technique
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damonl replied Feb 10, 2008To begin with, you could say that no matter how you enter atrade, there is a 50/50 chance of you losing that trade. You will either lose or you will win is the bottom line. I would think that it is reasonable as long as your T/P was > 1:1 ratio. ...
Coin-Toss Trading Strategy
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damonl replied Feb 9, 2008Paris, I enjoyed my time using the BES. If you have a system that wins more then 70% of the time with a 1.6:1 RR ratio, the BES should really shine. Where can I find information on this Daily Oscilator System you are talking about? Cheers, Damon
Coin-Toss Trading Strategy
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damonl replied Feb 9, 2008Actually billbss, I used the the Binary Equation System for over six months and it worked fantastic. I had profits of over 10% per month. The problem was when I increased my account balance I found that at times I was risking thousands to make back ...
Coin-Toss Trading Strategy
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damonl replied Feb 9, 2008I started this systme on Thursday Feb. 7th and here are the results from then until the rest of the week. G/U - 1/0 - Win Ratio 100% E/U - 1/1 - Win Ratio 0% A/U - 0/1 - Win Ratio (100%) UCHF - 1/0 - Win Ratio 100 % So far we have the winning ratio ...
Pivot Point Trading Technique
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damonl replied Feb 9, 2008I have put a lot of thought into this and feel that it will be just best to leave things at a 1:1 ratio to keep things simple. If this turns out profitable over time then maybe it can be asjusted but as I trade many systems at one time, this will ...
Pivot Point Trading Technique
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damonl replied Feb 9, 2008For any of you following along, we had many insde bars form on Friday and so we should expect many pairs to break out away from these consolidations into waht may be some very nice runs. Happy trading, Damon
Inside Bar Trading Technique
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damonl replied Feb 9, 2008Thanks gnspdr33...I had forgotten that I mentioned them and will put then back on the first page.
Inside Bar Trading Technique
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damonl replied Feb 7, 2008Which way do you take the trade. If you are above the midway point do you go short? and if you are below the midway point do you go long? Thanks, Damon
Sharing a method which has been profitable so far
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damonl replied Feb 7, 2008This is a very interesting concept....thanks for sharing. Damon
Coin-Toss Trading Strategy
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damonl replied Feb 7, 2008Anybody watching?....... — I know that this isn't the right thread, but I don't have any other place to put this right now. Has anyone seen how long AUD/NZD has been tight. I think it is getting ready of a very big 500 pip or more break out. I ...
Pivot Point Trading Technique