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damonl replied Jan 21, 2008Thank you..It looks good, but I see a lot of missed pips in between. I appreciate that you shared this with us. Damon
Inside Bar Trading Technique
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damonl replied Jan 21, 200801/21/08 — Okeedokee, For those of you following along, it was a nice day today. AU, EU, UCAD, UCHF and GU all continued to move in our favor. It really is amazing how quickly your account balance can grow when you continue to open up multiple ...
Inside Bar Trading Technique
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damonl replied Jan 21, 2008Nice, I have never heard of her. To think that I just thought of the Inside Bar Technique by watching my charts. It seems that a lot of other people are doing kind of the same thing. I guess that just goes to show that we don't always have to ...
Inside Bar Trading Technique
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damonl replied Jan 21, 2008As I said, I don't think you could this without great difficulty. I like EA's as well and if you are looking to code some EA's why not check out the "15 pip stratedy I got it too" thread. This would be a good one to code. And I lied earlier, I have ...
Inside Bar Trading Technique
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damonl replied Jan 21, 2008Sounds good Petero. byw...did you vote for Brett Farve? http://www.msnbc.msn.com/id/21036771/ Damon
Inside Bar Trading Technique
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damonl replied Jan 21, 2008Hello Marcello, At the current moment I am up over 2500 pips in open live trades. You coulnd't even convince me in a million years that this doesn't work. As for an EA, because I incorpaorate more than the Inside Bar, I believe that there is no ...
Inside Bar Trading Technique
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damonl replied Jan 21, 2008Okay, I have put together an excel file so that I can keep track of my trades on a daily basis. I used to do this on paper, so this will hopefully work out better. Anyway, I am willing to give it a try. This may be a little difficult to follow at ...
Inside Bar Trading Technique
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damonl replied Jan 21, 2008I for one am going to do this using the Binary Equation Strategy with EU, GU, UCHF and UJ. But I feel better using the 20 pip method and then taking 20 pips profit with a 20 s/l, wiht the 21 EMA as the filter. I will let you know how my testing goes. ...
15 pip trigger system - I've "got it" too
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damonl replied Jan 20, 2008Okay....here is what I am going to do. Rather than just show you the inside bar technique, I am going to put it all together. Since trading the way I do I keep track of everything on paper anyway, I think I will just keep track of pending orders, ...
Inside Bar Trading Technique
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damonl replied Jan 20, 2008The way I understand it is that you first wait for the price to move 20 pips. At that point you open a postion and you take profit from there of 18 pips. But this would only give an 85% win rate which is pretty good. But, at a quick glance, the ...
15 pip trigger system - I've "got it" too
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damonl replied Jan 19, 2008A little ad libbing along the way, but your statement would be correct. Sometimes you may take a few losses while things are stationary, but your first entry should always be for small lots because that is where you are the most vulnerable. After ...
Inside Bar Trading Technique
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damonl replied Jan 19, 2008That is becasue you did not compound your position. So many people look for one system that will be the holy grail when the holy grail is really a combined effort from many different entry strategies and adding them in on your way with the trend. ...
Inside Bar Trading Technique
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damonl replied Jan 18, 2008Okay, this will be pretty crude and you will have to count arrows, but I will walk you through a few trades on the chart below. Here is a view of the EUR/USD. ****Please count arrows from left to right**** image Arrow #1 is an inside bar so you ...
Inside Bar Trading Technique
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damonl replied Jan 18, 2008It is no problem, thanks for your help. I'm still struggling with trying to upload an immage.
Inside Bar Trading Technique