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- nomoretoxic replied Sep 18, 2008
Backtesting is one of the most useless thing I ever see in my life, and I tell you, I have seen many!!! In order to explain why we'll need another thread. But we can still talk profitability here. Since I got my eyes opened to price action, I have ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 18, 2008
I change the indicator based on what session I am looking to trade. Mostly NY and London.
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
well, Asia session is somehow slow. You could try it to see if it works. I never care about that session , but who knows??? maybe your husband could get something out of it. let us know no problem, happy to help...thanks
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
no, once I see a pullback materialized I place my limits.
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
Ok about the box settings The only thing I change is the time. that's it I don't mess around with offsets or anything like that
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
I don't like USD/JPY at least for the box. As for USD/CHF I am not interested on this pair at all. Not because is bad for trading or anything, it's just an habit But I do think that the swissy is an excellent pair. About applying another entry ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
Guys sorry for my late reply. I had a much needed rest About the trade this morning, I did got 20 pips. Actually the market went down 21 pips before reversing. I am using OANDA for execution and there's difference on price. I notice on Admiral ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
I have to go my friends...long day here...need some rest take care...see ya soon cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
here's a lits of trading crutches 1) moving averages has to crossover 2) the bollinger bands are narrow 3) time frames doesn't match 4) the trend is up/down/sideways 5)the oscillators are oversold/overbought (the market won't care trust me) 6) the ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
ok excellent question in my experience, a bar that closes higher (at the opposite direction) will give you better odds.. but you take any pullback....don't leave money on the table.
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
cool I am distracted today...LOL well....I made my day but honestly I haven't paid much attention to the box today!!!
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
OH MAN!!!! that was beautiful oh well....better luck next time for all of us LOL cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
I will post this charts again People, please take a look on how the market bounced off each side of the box. There you have it...the trend is useless..... Trade simple......throw the crutches away..... welcome to stress-free trading cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
You did it right but you know, I really don't like USD/JPY for the box. I found out it moves erratically most of the time (and not enough juice!!) As for long ranges the yen works good...or maybe for hyper-scalping. sorry man!!!! but you know, ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
False breakout - EUR/USD 9-17-2008 believe me it's better to have patience and keep your money in your pocket don't you agree?? cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 17, 2008
OK Mark. A very good question the pullback could be either inside the box or outside, doesn't matter. Doesn't matter how long the pullback takes. hope it helps
Nomoretoxic's breakout