Exactly, a lot of folks think they can do nothing but follow some rules and make big bucks. Not going to work this way. Big bucks means a lot of discretionary work is necessary to get to that level. Something for nothing is not going to work.

Mister ED's 4 hour Heikin Ashi system

Listening to True and missing 80's

Mister ED's 4 hour Heikin Ashi system

That's where I learned basics of risk control

Mister ED's 4 hour Heikin Ashi system

He he, I used to own a couple of rooming houses in Toronto area. I am so happy I do not anymore Rent collection sucks with that kind of well fare dudes. You cannot imagine what I was through as a owner Beating crap out of tenant was not out ...

Mister ED's 4 hour Heikin Ashi system

On daily the trend is still up, so is on weekly. It looks like market is ranging within 400 pips range. 1.4625 to 1.5060.

No Brainer Trades

Hi Yen, how are things going? Have you read what I sent you. it is a really good stuff. Obviously you should not take everything 100% , but it has a good point. Combine it with S/R and you have good method. It is not mechanical strategy though.

Mister ED's 4 hour Heikin Ashi system

well, it is not even located in trading strategies part. but it is professional approach to trading. S/R areas.

No Brainer Trades

i am waiting for confirmation on E/J at 134.36 to go short. not yet.

No Brainer Trades

you cannot back test it. it is not a mechanical system. It is discretionary approach of trading. You gotta use your own discretion when and how to use S/R levels. Sometimes you take, sometimes you don/t and sometimes you need confirmation and ...

No Brainer Trades

I used to enter right away. but in this market condition you see levels are goping bust, some levels work but we cannot say in advance. so, I watch, level hit. price tries to break it. I am watching if it crosses level if it makes higher/ lower ...

No Brainer Trades

Write now seeing what market conditions it is not easy to find that S/R which holds. I am looking for price action confirmation and then enter. and my stop is smaller than 40 pips now. No more than 30, but I am generally looking for situations where ...

No Brainer Trades

Ok ok, all hail the older rascal I have checked records. Looks like hit rate is around 40%. I guess this one is trend following system and obviously mechanical. I am going to interview tomorrow. equities trading company. Never traded ...

Mister ED's 4 hour Heikin Ashi system

I am trading discretionary that's why I took out Heikin Ashi and Stochastic. But idea was good. I have been doing it fo some time. results are good. But it is not mechanical obviously. It is generally S/R and pivots plus price action. Heikin Ashi ...

Mister ED's 4 hour Heikin Ashi system

BTW, I still have this Heikin Ashi strategy. it is actually very good. especially if you combine it with Pivot points and S/R areas. I dropped Heikin Ashi and Stochastic though, but Heikin Ashi definitely useful on 5-15 min time frame . How trading ...

Mister ED's 4 hour Heikin Ashi system

I know , I will find you here, you old rascal How is trading going?

Mister ED's 4 hour Heikin Ashi system

Heikin Ashi is too slow for 4 hours... I used to trade them.

4H Box Breakout

This kind of system is ok for profits but those who expect to have it in auto mode and use no brains are having sweet dreams. Not gonna happen.

4H Banker Buster

S/R area do not mean it cannot be broken. The price bounced from 1.7446. before that last time it gave some reaction from 1.7452. You already got one good bounce, now price came back and took it out. Last fall market was pretty crazy. Trading is ...

No Brainer Trades

exactly, and it did happen on the chart above. Price revisited that resistance level once more. The only question what was stop loss there. If stop loss was not hit yet, trade could have been left at B/E

No Brainer Trades

According to the method we should pass 1.6400 cause it has been sloshed around for a long time now. i have used it twice by now. or, we should not take immediate position but watch what will be happening once 1.6400 is hit. and then act according to ...

No Brainer Trades