Yeah actually I forgot to mention I used Chanels a lot to find my levels so when the market was extended to the top of a channel id be looking for confluence with levels (for shorts) borttim of channel for longs obviously... so yes find a PRICE and ...

My Baby

Thanks for the kind words above yes I used ro track 9 pairs and only the real movers... if i level didn't work out i would start a fresh with a new one

My Baby

Thats more about investment but whatevs ...

5 years and still no strategy

Thanks mate just happy to be able to lay this all down and share it with you guys.. theres no strings just test it in your own time... it was perfect for personal situation and personality maybe not everyones cup of tea who knows sometimes i wish id ...

My Baby

Ok summary of the system is here: 1 - Fuel 2 - Turn 3 - Momentum Reversal 4 - Mechanical Pyramid Enjoy

My Baby

Well after 5 years trading this was my baby 1 - Fuel 2 - Turn 3 - Momentum Reversal 4 - Mechanical Pyramid

5 years and still no strategy

A the end of the day I didn't need to do anything in hindsight and still made good progressive gains without what could have been so.. Not understanding your point here.. video

My Baby

lol ok... I sense someone didn't get any Saturday night I can relate to this... Maybe I should have not mentioned what could have been... Silly me'' Well ok you bring this up this is important.. The more you add to the trade the more intense the pip ...

My Baby

Well you read what you wanted to read.. I would expect no less.. I believe what I said was I checked previous trades and could have had I only held on and pyramided.. But I never did because I'm human and often stopped at 10:1.. I remember it ...

My Baby

lol that's right this was in my Wolf Wicked days lol =P what a benny But this is what your EQ should look like image Make no mistake this is a a gambling system, but a good one at that, and also a good one to test on a trade simulator. Like I ...

My Baby

Now I deaigned this to trade into insane Risk Reward levels but I am a human so despite my best intentions I often just took a profit once it was up about 10:1... There were trades I was in where I saw 6 months later I could have literally made ...

My Baby

XXXX So as it unfolded in this case there would have been no more revisits to the 38.2% level, so if still holding we would still have 4 positions on with a pip value of $3 If we were still holding this you can see in the chart below where the stops ...

My Baby

4 - Mechanical Pyramid So now all the hard work is done we simply manage our trade, we have eased our self into a pretty good position with $2.20 per pip at the start of a new trend with just $25 risk... we still have no expectations, we remain ...

My Baby

Which brings us to the fun part, the Mechanical Pyramid... will get into this when i get back from breakfast

My Baby

haha yeah theres nothing magical about the fib to me it was just the best way to remove discretion so for the trade its merely a consistent measuring tape. I can say I am entering here with my Sl here and no need to think or second guess myself... ...

My Baby

3 - Momentum Reversal So after we have the turn we want to see that momentum hold, and as the up trend tries to continue we want to see it do so weaker than the Turn.. Again, this should be obvious.. And usually best seen on lower time frames.. We ...

My Baby

I probably should have just drawn the resistance line 5 pips lower for the example, but thats where I would have had it.

My Baby

Same here just an example...

My Baby

Money Management Through our entire trade we stick to our nominated risk level. In the example I have chosen .5% risk which is $25 (on a 5k account). Remember we are going to lose trades it needs to be an amount you would throw away for fun relative ...

My Baby

2 - The Turn So we've found our level and opened our first position. We have zero expectations at this point. The win rate will be less than 50% and maybe closer to 30 or 40% after 100 trades but as we are eventually waiting for 5-20:1 R:R we don't ...

My Baby