good point. 15m always have something to trade on. i am trading 5m and 15m using S&R manually, george TMA style, but without martingale. are you discretionary or algos?

The Secret to Success and profitable trading - What is it?

for whatever reason; most of my algos; that made good $$$ in past years; stopped working since early 2019. Not sure what is going on with EURUSD; but I have seen this bad volatility year in 2014. If you are a discretionary trader; you can adapt ...

The Secret to Success and profitable trading - What is it?

Quite true; Euro is dead. I am testing George method at the moment. I did well in visual backtest (manualt rading). however sometimes you get i the wrong side of the grind; especially during NY session. So perhaps it is better to avoid NY all ...

The Secret to Success and profitable trading - What is it?

i traded mostly EURUSD for its low trading cost. but recently volatility has been dead for a while. what is your average holding period?

The Secret to Success and profitable trading - What is it?

quite true. its all about liquidity. what instrument do you trade the most?

The Secret to Success and profitable trading - What is it?

are you mean reverting or going with the trend?

The Secret to Success and profitable trading - What is it?

hi Rick, what do you mean by "pullbacks hits 50% of total points earned" do you require minimum move in favor before executing the 50% pullback?

The Secret to Success and profitable trading - What is it?

what happen when the hedge goes against you? do you hedge the hedge?

The Secret to Success and profitable trading - What is it?

A good scenario where hedging on same currency pair can be used: Let's say you have a swing strategy; and you have a position open with SL and TP set. There is a High Risky news event coming up; such as brexit vote, FED rate, NFP, etc. The ...

All about Hedging in Forex

If you read Mark Douglas Trading in the Zone (highly recommended, or watch the dvds on youtube), you realize that hedging on the same currency pair to rescue a losing position is not recommended.

All about Hedging in Forex

Interesting point. However; you could argue; that if you are sure that taking a hedge position against that trend; is going to work; why not use that as a strategy on its own. What happen if the hedge trade turned against you once you enter that ...

All about Hedging in Forex

I did personally have a strategy in the past; where I use hedging (effectively being net with my broker account) while I had a long term AUDUSD position. The hedge trade enters at 16:55 NYT, and exits around 18:00 NYT or after once the spread is ...

All about Hedging in Forex

lol, true. perhaps my point was not understood. I wanted to say that; doing hedging; is similar to taking a loss, and entering later at the next signal. it does not mean doing hedign does not work. However; in most cases the trader is being having ...

All about Hedging in Forex

will check it out. how does he(you) use hedging?

All about Hedging in Forex

no idea about horse racing bets, never done it. hedging may work for, the point is that it is the same as taking the loss then reentrr again. some call it position trading. once you are in a bmdirectional position, you can get ou and in multiple ...

All about Hedging in Forex

i always held the belief that hedging on the same currency pairs is dud from mathematical perspective. you can achieve the same result by simply taking the loss, and reenter in next trade setup. it is simple and let you move ahead with your life. it ...

All about Hedging in Forex

its a money maker. i am a CT trader most of the time. CT edge tends to persist more often than Trending edge. most CT strategies i backtest, tends to produce the same result in forward testing for a some time. most Trend strategies with good ...

All about Hedging in Forex

I have done tons of research in recent weeks; and done lots of experiments on hedging. I reviewed many styles of hedging; and tested them. Here is my conclusion: Hedging is for Idiots !!! If anybody in FF, or in Forex forums; tells you he is hedging ...

All about Hedging in Forex

GEORGE IS BACK .... George is a good man george is patient ... George hedges bad trades, and have them for breakfast... Nobody understand george except george and pinksteel george is back to harvest pips; and show you how it is done. GEORGE BELEIVES ...

has anyone EVER seen a successful trader/trading system?

some people made money in the markets by acting like one lol

has anyone EVER seen a successful trader/trading system?