If you're talking about E/U I don't know when those trades were. There have been 3 extreme 30 min bars at the end of 81 + pip moves this week. 4/2 1300 GMT - 35 Pip range- no trade because SL would have been excessive. 4/3 0930 GMT - 26 Pip range- ...

The MotherFibber

I'm afraid that makes no sense at all. You enter on a 30 min candle breaking the high or low of a previous 30 min candle. How could that previous candle not be closed? I have seen very few, if any, of these potential trades that meet your SL rule.

The MotherFibber

All the trades you marked on your chart, break the rule of not touching the zero line.

CCiPP Trading

Then it isn't a system. Discretion means guessing. If you can guess your way to profits, don't bother with a system. Just open up a chart and start guessing.

The life of a trading system on Forex Factory

This is one of the more ignorant posts on the forum. Buy at 0800 GMT. Exit at 0900 GMT. This is a 100% mechanical system. I'm sure it is not profitable, but it is 100% mechanical.

The life of a trading system on Forex Factory

Here's the smoking gun. This is from a professional trader who makes 75% a month on his account? Anyone who has traded forex can see this is from a rank amateur. Read it again. Why the hedge? Why waste an extra spread? The only person who would ...

The life of a trading system on Forex Factory

Money. If you can gather enough gullible beginners around you, you can take money from them. Wouldn't you like to make 75% a month on your money? You can bet someone soon will be offering to trade for you. It's probably already going on. The big ...

The life of a trading system on Forex Factory

Why does point D indicate buying? Long down bar closing near the low with high volume? Not arguing with you, just trying to understand.

Volume Spread Analysis

andy, I think you're thread has been hijacked. It happens sometime

Volume Spread Analysis

Why open up two trades to begin with? Just pretend you open two trades, If price reaches the lower band then buy 1 lot. If it reaches the upper band- sell 1 lot. The results will be exactly the same and you will have saved yourself the cost of one ...

Extreme TMA System

Then my apologies. I read it on your thread, and had it in my mind it was you. The problem I have with support and resistance is that it is ambiguous. I've played with it a little and can find a couple of rejections at almost every price level. If ...

The life of a trading system on Forex Factory

You can have a rule not to trade on NFP day. I don't trade that day.

The life of a trading system on Forex Factory

That's fine. Use hunches and "what ifs" when you are formulating your system rules. Test them and see if they work to make profit. If they do- incorporate them as rules. I'm sure that was done in developing the Turtle system. I see you recommend ...

The life of a trading system on Forex Factory

The Turtle rules were clear and unmistakable. The people who failed didn't follow them- they used discretion. Do a search for Curtis Faith and read what he has to say about it. He was a successful Turtle trader. Using discretion is nothing more than ...

The life of a trading system on Forex Factory

All long threads fit the model of the first post. If a system works and is clearly presented there is nothing left to post about. Why would there be hundreds of posts saying "I understand the rules and it works"? Long winded threads mean the rules ...

The life of a trading system on Forex Factory

Jacko was the smoothest operator I've ever seen. He had everyone in his corner. The other crooks I've seen here are crude amateurs compared to Jacko.

The life of a trading system on Forex Factory

The statistics you quote are only for bearish reversals. You're using the pattern for bullish reversals as well. What are the stats when taken together? As far as increasing the edge, first you have to have an edge to increase. It's a waste of time ...

Buy sell line trading

Those are classics. Here's one of my favorites. url Cornelius claimed to make 800 pips a day. He wound up demanding "charitable contributions" be sent to him so he could distribute the money to the neediest. Merlin threw him off and he formed an ...

The life of a trading system on Forex Factory

Or control the drawdown. Printing money is easy, one only needs to control the drawdown. That one had a large following. It's on it's last gasp but it's still around.

The life of a trading system on Forex Factory

What you've described happens all the time on every forum. You left out the scam thread. The scammer posts a set of system rules. He reports winning trades everyday. If you aren't getting the same results, it's because you aren't using enough ...

The life of a trading system on Forex Factory