Humbled again — Well, this market has humbled me once again, dammit. Stopped me out just above the resistance by the right arrow. About 15 pips. Don't get me started.... That's ok - I just picked up 22 pips on a winner on ...

The System II (Yes with irony)

I'm considering trading only with the daily trend during these volatile days around the holidays. Here's a trade I entered a few minutes ago. Let's see how it works out.

The System II (Yes with irony)

Thanks for reminding me about the EOD indicator. I'm going to start using that. It does make it a little easier to see the entries. It is hard to be exact when you compare results to others trading this system anyway, since your entry price can ...

EOD trading system

Had a good day trading the system yesterday, and a great day today. Some very nice moves in the market. A little tricky, but still lots of profits to be made. Thanks guys! Dave

The System II (Yes with irony)

Hi Monk. I am presently risking 3% on each open position, and no more than 9% total. Here is the way I calculate the lot size: (Acct bal x percent risk) (pips risk x 10) = number of lots Example of finding lot size for a trade: Account balance: ...

EOD trading system

Cha-ching! — Finally heard the cash register ring on the short GBPCHF I had placed on Dec. 10. Six days of waiting for this one, but worth it. 305 pips profit. Nice. I'm liking it more all the time. Dave

EOD trading system

Thanks, Mister ED. I suppose it comes down to whether or not you would rather try for several small gains, or many small losses and a few large gains. That would possibly come down to a trader's psychology and how many losses they could withstand ...

EOD trading system

very profitable system — So far the strategy has been very profitable for me. It's not a fast-action day trading system, but it looks like a good, safe way to build up your wealth over time if you are patient and diciplined. And so far the ...

EOD trading system

Thanks Vick, The suggestions you make here are very wise, and I am going down that long hard road to confidence and consistency. I've gotta say it is taking a bit longer than I expected, tho. Have a profitable day, Dave

The System II (Yes with irony)

Hi Feb, I have read your entire thread now and I can see lots of traders are doing well with it. I'm looking forward to trading it too. I have used this type system before and it does work well. I got away from it some time ago because the method I ...

The System II (Yes with irony)

Foreyes... Thanks for the comments on my question. I didn't understand much about the pinbar and how it is used in TA. I think I'll still wait for more confirmation that the EURJPY is continuing the downtrend, since it appears to be building a base. ...

EOD trading system

Do you consider the candle? — Hi Paulus and everyone. I'm posting an interesting chart of EURJPY here, and I hope to get some opinions on what you think this chart pattern means to you. Some people regard the so-called "pinbar" as a reversal ...

EOD trading system

Nice profit for you on the EURAUD, Paulus. Here's how I stand on the trades I placed since Dec. 10: nzdusd -- loss usdcad -- loss euraud -- win usdjpy -- win gbpjpy -- win gbpchf -- still in Only increased the equity about $50 on these trades, total ...

EOD trading system

Stopped out on the USD/CAD trade. Another quickie... Oh well, that's the way it goes. I'm knocking this pair off my list to trade. I backtested it over the last 11 months, and saw it would have been a net loser over that period -- except for two ...

EOD trading system

Thanks for the new indicators. I'll try 'em out. I have been doing good with the old ones so far, though. Like you said, it takes some time to get a feel for the system. Dave

TwinBlade 5mint System

NZD/USD stopped out this morning. At least it didn't leave me hanging in suspense for long. Still an excellent trading strategy.... Good set-n-forget method. ------------------------------------------- Bought USD/CAD today.

EOD trading system

Thanks, Deep. I should be able to drop in from time to time for a refresher on the system. It's too bad we don't have anything like the tradingrooms.com site anymore. Does anyone know if there is something else yet to take its place? It was the best ...

the key to the mint

Thanks buddy.

the key to the mint

Could someone help me out by posting here, or pm me about how to get into the chat room? I have Paltalk and have logged in and tried to find it a few times lately with no luck. I guess I have the wrong room name or something. Thanks, Dave

the key to the mint

Welcome, Chris. I agree, the 1-2-3 system is little tougher to trade than one like a MA cross system. It requires more judgement. It is very profitable, though. I was doing well with it when I could trade it, but due to my work schedule I can't ...

the key to the mint