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Basber replied Sep 23, 2012Backtest 1-2 years before trading it on real account. Also on more volatile markets, you can take more TP. While backtesting, search for better SL and TP levels. I prefer that you work more one TPs than SL. Regards, Basber
Daily Break Strategy
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Basber replied Sep 23, 2012Hi Ryu, You're quite welcome. The 4 year thing is a rule of thumb. The observation shows market change it's behaviour every 3-5 years. The reason may be the political cycles which last about these number of years. But I'm not sure. Thanks for ...
Daily Break Strategy
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Basber replied Sep 16, 2012I don't like EAs. I rather to place orders myself, because sometimes I change the target levels. Why don't you try to manage your account from your phone ? Regards, Basber
Daily Break Strategy
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Basber replied Sep 16, 2012I've tested this on M15 and the condition you discribed happens rarely. When testing, the candles that you described, I considered them all as SL. But you're right. That's why all my posts on this method are in M15. M5 is a little annoying .. ...
Daily Break Strategy
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Basber replied Sep 6, 2012Be careful today ... Market is sensetive about today's news. I rather not to trade before news because of high volatility and false breakouts. Regards, Basber
Daily Break Strategy
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Basber replied Sep 5, 2012Update : It is prefered not to enter "Second Entries" after US session ... Regards, Basber
Daily Break Strategy
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Basber replied Aug 28, 2012The max range will change through time. back in 2007-2008 moving 200 pips in a day was usual, so the number 170 should be changed to adjust to the market properties. In future it will change too, and then I'll update the first post, if I wasn't dead ...
Daily Break Strategy
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Basber replied Aug 28, 2012Gain trust on demo account, or lower your risk, not your volume. This strategy designed to take advantage of the market when TP2 mostly covers SL. when the risk is not constant, result may vary a lot. usually it will ruin the profitablity of the ...
Daily Break Strategy
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Basber replied Aug 28, 2012Wrong ... Your risk should be fixed (I recommend 1%) not your volume. It's very important. Regards, Basber
Daily Break Strategy
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Basber replied Aug 20, 2012It's getting better these days. Drawdowns are expected. You should see the big picture. Regards, Basber
Daily Break Strategy
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Basber replied Jul 21, 2012You can use the main idea in different pairs, but calibrate it first to fit the pair. Changes must be done, even minor changes. Regards, Basber
Daily Break Strategy
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Basber replied Jul 19, 2012Results with EA, version 22 from 1 Feb 2011 till 30 may 2011. I'll wait for DB to correct the bugs, then test more ... Regards, Basber
Daily Break Strategy