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- panamamike replied Jul 24, 2014
If you are looking to match strong vs weak, i would suggest a currency strength meter to help pick the correct timing. Just my .02
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
Question. Is that program able to differentiate between strategies by magic number?
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
Nice. I did not place any JPY pending. Sat out with red US numbers...JPY often moves in synch across pairs, especially if USDJPY is the driver.
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
Personally, I use discretion to eliminate trades that meet criteria, but fail due to PA, etc. I don't use it to validate trades that do not meet the initial criteria. But that's just me. I wish you green pips.
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
fair enough. To each their own. I would think discretion would be for pulling the trigger on setups that meet the rules for valid trades.
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
Udine stated just to use whatever your broker has for the open. Some adjust the indis to be first bar after US close, others for Tokyo open. Dealer's choice....it's your game. if u want, put two different on your computer and track the results.
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
hmmmm.....glad u made pips...BUT, RMup is red and don't long 90 levels.
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
I find it interesting that you comment like that on someone else's trading. Haven't seen you posting any trades. Just baseless comments on following rules without identifying which rules you believe have been violated. Just sayin'.
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
Improving IS a great motivation. I will always be at a student level in trading. My 11 month old boy is the best personal motivation though
I have a photo of him that appears on my phone with the alarm when I sleep in the afternoon or take a cat ...As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
No complaints. Listening to some great tunes, reading a book. Up 2%. Even if nothing else were to come down the pike, it has been more than worthwhile. Every day is another day of experience.
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
Who is not following the rules? Can you elaborate?
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
Welcome back. I have taken two trades since beginning of Asia. Both winners. Missed 2 other clean setups; however for tracking 21 pairs (due to news and PA) there has not been many opportunities yet today. Yet being the operative word.
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
My main reason for no pending, is that when last weeks low was taken out earlier, it quickly turned back. It may test it again, who knows, but I'll pass and wait for a more clear setup.
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
Just a question. How do you know what returns he has been getting. He only stated between 8 and 22%. He has been trading it for 6 months before starting the thread. We don't know the mean or mode of his results distribution.
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
at the time of the trade, CAD was strong GBP was weak on the 4 TF i watch. My 1 minute system was in agreement. looking to the left on the 1 hr chart, there was a clear target below my TP (no max out to get TP), and my 1 hr guide chart also was in ...
As simple as possible: 00 level trading
- panamamike replied Jul 24, 2014
trade #2...GC short TP image
As simple as possible: 00 level trading