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kharvell replied Jan 16, 2007YES, good observation. I would put a lot of marbles in this one because it is "ideal". Some food for thought: Last night, I was lying in bed, thinking about forex(lame, I know) and I believe I had an epiphany. What if you're in a really good trade, ...
RSI Daily Pivot Point System
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kharvell replied Jan 16, 2007Hey kwackers, Thanks for sharing your system! Some things that concern me with it are the risk/reward ratio. You are risking nearly 300% of what you could potentially make. Which means you better be winning a hell of a lot of times to make up for ...
Another Daily Range Strategy GBP/USD
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kharvell replied Jan 16, 2007Hey Piece Of The Pie, Thanks for your words of encouragement. I am looking at EUR/JPY and it appears I would have taken a long trade on January 11th at around 155.4~. I'm curious as to when you entered, and how you are doing! Let me know. Kevin
RSI Daily Pivot Point System
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kharvell replied Jan 16, 2007Hmmm... So then you're betting that it will go in your direction? Too risky for me
. Let me know (testers) if it ends up being good! Good luck to allHeiken-Ashi System
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kharvell replied Jan 16, 2007Hi mike, Thanks for sharing your system. Been looking over it, and there are a couple of things that jump out at me from a risk standpoint. You risk 91% of what you could potentially make? Also with a ratio like that, and your backtesting results ...
Heiken-Ashi System
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kharvell replied Jan 16, 2007Hi DSL
If you're looking for KISS, you've found a VERY good system! And your question is hardly the DUMBEST question ever! You actually caught me! That USD/CHF trade was made at the early stages of my forward testing, where I hadn't decided to ...RSI Daily Pivot Point System
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kharvell replied Jan 16, 2007Well, I should've entered on Friday, but I missed the opportunity, so I just took it yesterday. While it has still been 3 days, I was thinking it might still go up *fingers crossed*
RSI Daily Pivot Point System
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kharvell replied Jan 15, 2007Alright then, I have one more completed trade: LONG USD/JPY @ 119.07 SOLD @ 120.13 = 106 PIPS Current trades: Long USD/CHF @ 1.2156 S/L 1.2441 = 329 PIPS Long AUD/JPY @ 93.47 S/L 93.75 = 96 PIPS Long GBP/USD @ 1.9643 S/L 1.9543 = 1 PIP
...RSI Daily Pivot Point System
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kharvell replied Jan 15, 2007John, STOCHASTICS!
I don't know what I'm talking about half the time
.. And it sounds good for short term.. My next step is to try and create a system that is effective for short term, but we'll have to see how that goes. I'm glad you ...RSI Daily Pivot Point System
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kharvell replied Jan 14, 2007Hey everyone, Thanks for your good wishes, I should be back for the moment. Unfortunately I won't be able to provide you with "excellent visuals"
, but I'll try and keep you updated on what I'm doing! Also, John, I like what you are doing by ...RSI Daily Pivot Point System
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kharvell replied Jan 12, 2007
: I feel dumb! Just woke up from a nap, and could've sworn INTRAday meant INTERday! My apologies, forget about my system then
Looking for strategy that goes with the trend
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kharvell replied Jan 12, 2007Trader, Look at my method. There is a link below. Sometimes I hold positions for 3+ weeks. I believe this qualifies as "intraday"
KevinLooking for strategy that goes with the trend
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kharvell replied Jan 11, 2007Yes, I got stopped out of cable
And I would like to say good bye for now, as I am having some family problems, I probably won't be here. Good luck to allRSI Daily Pivot Point System
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kharvell replied Jan 10, 2007Blahh got stopped out of my AUD/JPY trade, because I did not follow my rule of trading towards the end of the day.. I am now long AUD/JPY instead of short
RSI Daily Pivot Point System
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kharvell replied Jan 10, 2007I have been long since 119.07, and I believe it might go up further, although there looks to be resistance
Usdjpy
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kharvell replied Jan 10, 2007Umm, I'm 19 and am reasonably successful. It's only been a year though, but thanks for the encouragement...

How to get 1-5 pips with 100% win ratio?
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kharvell replied Jan 10, 2007FiboFan, I'm curious, are you using the RSI to indicate as well or just the pivot points? And you're right, about using a lot of pairs( I don't know about 10
), but I find it better because you have more chances to guess right. Good luck to you ...RSI Daily Pivot Point System
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kharvell replied Jan 10, 2007Alright, some activity for any followers, Pretty much another losing trade LONG AUD/JPY @ 93.13 Stopped out 92.79 = -34 PIPS Set Sell order for 92.77 Current trades:
RSI Daily Pivot Point System
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kharvell replied Jan 10, 2007RSI stands for Relative Strength Index. When it goes up it means, buyers have more strength and when it goes down, it means sellers have more strength. While this is good to know, for the purposes of my system you just need to look at the #'s and ...
RSI Daily Pivot Point System