Here's are the updated 5, 15 and 60 min charts the uptrend continued successfully. 5 min ---- UP 15min ----- UP 60min ----- UP 4HR ----- UP so where would you have entered long?

Where would you place the trade?

Nikola you are right as rain. Too bad I don't have the ability to solve integral calculus in my head. ( I was just at the museum of Tesla in Belgrade.... UNREAL) I better go figure out the perfect hedge until my position goes sour. I could ...

Hedging and making Interest

I understand that the per pip values are 8.09 for the JPY pairs and 10 for the GBP/USD I understand there are imperfections in the prices of the currency pairs and that GBP/USD*USD/JPY will not exactly equal GBP/JPY but arbitrage won't occur unless ...

Hedging and making Interest

i agree, why not just apply the opposite. That way you have the risk and reward relationship that you are looking for which is approximately 2:1. I noticed you were averaging 15 to 20 pips profit and being stopped out at 30. The trade success rate ...

Bytebodger's Pip-Burning Journal

Thank you Sir — I really appreciate your comment. Actually I'm using this with a 4HR strategy as you can see with the 160 period SMA. I've had 4 live trades so far and 3 have been good. The 4Hr has the same RSI settings except i'm using 8 ...

15Min Bollinger System