Sorry feline 100% is a bit of a stretch, I would say more like 99% because I am as thick as a brick.

The Big secret to trading success

Yes it certainly takes a long time to become an overnight success.

The Big secret to trading success

I have the UJ going down to 106.303

The Big secret to trading success

Whenever I am in need of a laugh I pop into the FF. The news commentary is hilarious but the bigger laughs are in the forums. There is no such thing as a trend, this is just trader speak. Price is going somewhere or it is not and may get a wiggle on ...

The Big secret to trading success

Yes BBalazs that is one way. You know the stop and you know the TP space the Quartile between the two points. (as you have done) Now you can determine your risk of 3% and divide by the distance between the quartile to give you your lot size. Now if ...

The Quartile Trader

Now the trade swings in the opposite direction Breaks the trend line, above the EMA and the EMA is above its previous high average, Quartile is 9 pips for 5% risk..

The Quartile Trader

However all three of these can only be see after the fact.

The Big secret to trading success

No BBalazs it is not that simple. The tool is only for defining your risk restricting it to the level of your choice from i.e 1% to 5%. It is not a tool to define your entries or exits... This is for you to define via your own trading system/s Take ...

The Quartile Trader

Right on Atokys. It is hard to believe anything written on the Internet without personal proof. I don't believe 9/11 ever happened because I wasn't there and anyway Donald Trump said it was 7/11 so who can I believe. Here in the Forex Factory we ...

The Big secret to trading success

This sounds like a rather risky approach armyda and would have nothing to do with the time frame used because 20 pips is 20 pips on any time frame. Together with this a loss would require 31 wins just to get back to break even, not very good odds at ...

The Quartile Trader

I would be even more so if I wrote books.:nerd: Clever I wouldn't say that, just practical. I learned to trade the hard way by reading books and more books, articles, magazines, bulletins, forums and so forth. Now I look at charts and they tell me ...

The Big secret to trading success

Hi armyda... Actually time frame does not matter as this is fractal. It depends upon your own trading situation. For example if you are not able to be at the PC throughout the trade you may look at the 1 hour chart and find a range there, this may ...

The Quartile Trader

So there you go with many ways to use the tool. Practice placing your pending orders at the level and putting in the stop at the same time. Once the order is filled move that stop to dramatically reduce your exposure to risk, I like to start with ...

The Quartile Trader

One of the problems we face is when the Quartile gets too tight i.e. Less than ten pips. This would be a very high risk situation because we are potentially risking the whole 5% however if we are content to do this then the rewards are equally huge. ...

The Quartile Trader

I read a book once... It began with 'Once upon a time' :nerd:

The Big secret to trading success

Notice how our pending order is on the correct side of the EMA... Sometimes we win a lot and sometimes we lose a little.

The Quartile Trader

Here is an example of a losing trade. You see the range and we broke to the long side picking up our pending order. Had it turned at this point we bail immediately for a small loss (There is nothing stopping you from getting back in if it corrects). ...

The Quartile Trader

I'll treat this kind of rash statement with the contempt it deserves. I have no idea of what you are talking about just as you have no idea of what I am talking about.

The Quartile Trader

As I keep repeating I am not here to teach people how to trade, I am simple showing how to use the Quartile to eliminate the 'I THINK' factor in trading to a much more mechanical way. In general losses are around the 1 or 2 percent whereas the wins ...

The Quartile Trader

Yes but all this stuff you have here does not include the highly essential dartboard

The Big secret to trading success