Sure! Every contribution is welcome. Thanks.

AckelSystem

TRADE MANAGEMENT In chart below, we have a nice Trade D setup: image After a period of consolidation (1), we can enter a buy order in (2), with a stoploss below the support (50 pips). We can enter at (3) too, putting our stoploss below the EMA 55 ...

AckelSystem

You are welcome, Antonov

AckelSystem

Another trade I took recently. AUDJPY H1. image After a period of consolidation (1) I had a breakout of the resistance. RSI crossed EMA8 and upper BB. BB are expanding. Entry in (2) and exit in (3). ROI was 1:1. I could enter earlier (circle #4) ...

AckelSystem

I know exactly you are talking about, friend. I am also trying educate myself in the psychologic aspect of this game.

AckelSystem

REASONS TO ENTER, REASONS TO NOT ENTER Once again the same chart, adittional explanations. I put two blue lines to mark trade 1 and trade 2, respectivelly. These two trades give us reasons to enter, in the first case, and to not enter, in the second ...

AckelSystem

Yes, in both cases there are RSI/EMA crossing, a Trade A setup. Your circle is in RSI/upper band crossing, in the first case, what is not mandatory, but suggest a stronger movement. The other circle is in the RSI/MA 20 crossing, what is not ...

AckelSystem

I totaly agree with you. It is not enough have a good system if you can't stay with the rules. The first purpose of this thread is help me to commit with the rules. When your system and trades are public, you force yourself to respect more the ...

AckelSystem

It is the "FFCal.mq4" indicator attached in post #1.

AckelSystem

ABOUT MONEY MANAGEMENT AND LOTS Every trader should limit the total risk of an account, using stoploss in each trade. In a US$1000 mini account, 0.01 lot means that your stoploss of 50 pips represents a risk of 0,5%. For a US$10k mini account, 0.1 ...

AckelSystem

Please do this. Oh, and I realized that in "Trade C" setup (Trade 3 in post #3) MA hardly could be ascendant, because price crossed from below. Yeah, I am yet learning everyday.

AckelSystem

In the screen below I draw some blue trendlines in price and in RSI, in GBPUSD daily. Note the correlation between both indicators (yes, I think candles are indicators too). image Notes: Most traders think in trendlines and patterns only in price, ...

AckelSystem

Same screen, but with some more details: image I think there are a 'Trade C' setup in trade number 4. Also, about trade 3 we could place our stoploss in lower lvls, but the ROI would not be good. EMA 8 is under lvl 50 of RSI (and OMG there are a ...

AckelSystem

2 good setups and 1 bad setup image Trade 1 and 2 are examples of a "Trade A" Setup. Trade 3 is not good because MA 20 is not ascendant (P.S. - I realized that in "Trade C" setup MA hardly could be ascendant, because price crossed from below). ...

AckelSystem

Maybe because the oscillator was not indicating an oversold or overbought condition. What do you think?

EASY H1 trading using divergence and candle sticks

I think so. What is the pair and the timeframe?

EASY H1 trading using divergence and candle sticks

Adding levels 15 and 25 on ADX for filtering — It seems that adding levels 15 and 25 in DMI (or ADX) helps to filter bad trades. Besides that, these congestion areas antecipate the breakout momentum. Graphic attached. image

A "new" simple system based on MA

I am using FOREX.com UK, Metatrader GMT .

Trade What You See - Almost Naked Trading