Since the US election has thrown the longer term charts in to chaos, I decided to try some scalp trades today on the 5M charts, using the method as outlined in my earlier posts. Scalp trades so far - 4 Risk - 2% R:R - 1:2 Winners - 2 Gain/Loss: +4%

Kumo Twist Acceleration: simple and profitable strategy

I think it is. Remember the fundamental market rule: You want to buy low and sell high. I think people underestimate this a lot. I've noticed that on FF, traders seem to be buying at higher average prices than they are selling at. Think about that ...

Kumo Twist Acceleration: simple and profitable strategy

Check my earlier posts, I had the exact same idea ^_^ I think the best way to learn to recognize when the pullback is over, is to practice trading reversals. I spent several months following and trading Davit's thread on "Pivot Trading with TDI" and ...

Kumo Twist Acceleration: simple and profitable strategy

Sorry for the confusion, when I said "EA" I meant EUR/AUD ^_^ With Trump's surprise win, my other two positions have closed for a loss (was long GJ and short USD/ZAR), and I will be holding off on trading until the dust settles following the ...

Kumo Twist Acceleration: simple and profitable strategy

Trade update: EA closed out for profit @ 1:2.5 R:R (although that trend was so strong I don't think it was possible to lose money....) GJ long in minor profit USD/ZAR provided a nice entry today: image

Kumo Twist Acceleration: simple and profitable strategy

I did paper trades on EU, UC, EG and GU, I didn't take down a lot of details except the wins and losses and the average R:R ratios. I did 62 paper trades based on data from June till end October of this year (on 1H charts), of these 62 trades 30 ...

Kumo Twist Acceleration: simple and profitable strategy

I haven't yet, although it should also be profitable. If you trade this way though it will probably need to be during the first few hours of the London and New York sessions when the market tends to do trends and breakouts most often.

Kumo Twist Acceleration: simple and profitable strategy

I think it depends on what kind of a trader you are. If you are a long term trader, you actually don't need more than 1 well sized screen, so you can stick to using a nice mac. If you're a scalper, two or so screens will probably be enough, and make ...

Who has the best Trading office on FF?

I spent some time back testing this system on 1H charts on 4 different currency pairs (I prefer longer time frames since they tend to be easier to trade and there is less noise). The results are quite good, but I found that it was better to wait for ...

Kumo Twist Acceleration: simple and profitable strategy

I can't decide if this is the dumbest thing I've ever seen or sheer genius.... I'll code my own EA tomorrow and get back to you on that. As a side note, for those trading on brokers with larger spreads, I think modifying an EA to look for those ...

‏Take 1435 positions Every Day in GBPUSD

As far as I know, this currency has a floating peg against the US dollar, so it can only fluctuate within those margins. The spreads are always so wide that you can't actually profit off of it. I actually don't even know why FX brokers make it ...

Pivot Trading

Hoping this week will be more exciting than last week. Caught a small scalp trade this morning when EU came off of the R38.2. Keeping an eye on GU this week, the volatility has contracted a lot since the flash crash, and traders are likely to start ...

Pivot Trading

One of the best threads here on FF - thanks rifid

LETS GO Trading

Weird week so far, markets are very passive. Got burned trying to take a weak setup.... It's important to stay disciplined.

Pivot Trading

Threads like these are interesting, because you can see how much misinformation there is in retail forex trading. It's no surprise that 95% of traders lose money. 1) Money management IS important, but it is useless without an edge. You can have the ...

Can money management make Forex trading profitable?

Remember that those two pairs have almost perfect inverse correlations - UChf goes down, EU goes up, so you're doubling your risk by trading them in opposite directions

Pivot Trading

I agree that an important aspect for retail traders to make money is to avoid using stoplosses. The big players use our stops to generate liquidity to fill their orders, and other prop shop traders actively hunt stops to move the market and scalp. ...

Pivot Trading

Don't worry, we do have internet here if you wanna trade ^_^ Tracking CJ at the moment, Oil price is at a new high and Yen is oversold so the technicals look good for the reversal trade so far. Hoping to get out near the WP. Up 2%. Hoping NFP won't ...

Pivot Trading

I trust my broker less and less each day. Last night, I got filled on AN for a sell order. I had a 30 pip stop and was filled at 1.0595 at time 23:01. Then, in the same minute, the spread suddenly jumped to around 25 pips and I immediately got ...

Pivot Trading

In on this beauty, double bottom on S38, TDI crossovers on 1H and 4H. Looking for a play back to WP and after that perhaps toward R38 if there is no bearish evidence. Some red news events coming up, so will scale in to position gradually. image

Pivot Trading