I fully agree, Ohka. The points you are making are very logical. I think this doubling concept is very specific to this method, given, this method has a mechanical flavor to it either loose 100 or get 100, every day and statistically more winning. ...

High & Low 8 Hours (GBP/JPY)

Hope you didn't double your lots today.

High & Low 8 Hours (GBP/JPY)

I was hoping to get some feedback. Looks like I don't make much sense ! anyways the sell got triggered.

High & Low 8 Hours (GBP/JPY)

I have a suggestion on MM for the followers of this method. May be this is not new. Let us say 1 lot is the safest. You keep trading 1 lot until you make net 8 wins. Then you trade 2 lots until you either loose twice in a row or netted 4 wins if you ...

High & Low 8 Hours (GBP/JPY)

Oh you mean If I get stopped out twice on the long side, I also close the short side sell stop as well, even though it is not yet triggered and move on to the next day? Thanks

High & Low 8 Hours (GBP/JPY)

Hi Feb, if there's a V formation, once my third candle has broken the higher high/lower low, then I zoom in to 4hr charts. I am looking for speed/retrace etc. How fast is retracing??? Do I have time to get a good price?? this is the point I am not ...

The System (Irony included)

Hi Bllbss, I have a question for you. If we say buy stop with 50 SL and try twice and sell stop with 50 SL and try twice, this technicall means all 4 can trigger and fail. Does it mean our risk ration is 200 pips to 100 pips? I am not counting both ...

High & Low 8 Hours (GBP/JPY)

So, if 21 is below 89 and finally the price starts moving up and closes above 21 but still below 89. We can see this in usd /NZD pair 4 hour chart. In this case should we wait for price to clear 89 and 21 come back up above 89 to go long or we can ...

4 Hour Strategy (MACD)

Hi Qman, I don't think the sell or buy has been triggered yet. Are you talking about today or yesterday. Thanks, TradeStar

High & Low 8 Hours (GBP/JPY)

Effi, May be I am missing something. This particular signal is more from candle stick pattern and price action rather than 2550 system. right. Thanks in advance TradeStar

EMA 25-50 Trading System (Detailed)

So Billbss, are we saying autotrade-fx setting yielded better than the current settings of this thread (nicotina) Thanks, TradeStar

High & Low 8 Hours (GBP/JPY)

oh! I see. From the message I simply misunderstood. Thanks a lot billbss. I just wanted ask you this while at it. Do we see a rationale for this technique to work consistently. For example why not take 16 hours to 00 hours Do you see a specific ...

High & Low 8 Hours (GBP/JPY)

Not sure why your sell stop got triggered. it didn't go 50 pips up after triggering sell number!

High & Low 8 Hours (GBP/JPY)

Thanks much bllbss

High & Low 8 Hours (GBP/JPY)

Hi billbss, You seem to be closely following this strategy. Could you help me clarify this. He says, if 50 SL is hit, open again. Isn't it same as opening first time itself with 100 SL? Also, I am in Eastern time zone and using FXDD metatrader, ...

High & Low 8 Hours (GBP/JPY)

This is a great system — Isto, This is certainly a great approach. After reading your post I googled and found a result in trading-naked.com, a material on this type of trading with lot more information. Thought readers on this forum might be ...

The Veteran Floor Trader Method

Hi Jest, Line graph shows the close price. Are you saying the break out of close price is enough. How about the upper and lower shadows? Don't they need to be cleared? What will be the stop loss strategy?

Simple Breakout Method

Thanks a lot Mike. So left eye is essentially the price where the previous bar closed (Is this understanding right?) and the pin bar's open and close should be contained within the body of the previous bar (meaning between open and close of the ...

james16 Chart Thread

This pin bar /eye concept I still don't understand. Could someone please explain how should one trade this setup. Thanks in advance.

james16 Chart Thread

Kharvell, Your graph looks so simple and clean indicating the move downwards. In your practice, when do you recognize this is indeed downward move, without risking much and take advantage. Being a novice, I sit in front of the charts and stare for ...

FXEZ's E/J Gravy Train