yea i dont really use it as well. unless the trend is really very strong like today. here is another pic. look at the last bar i have been eye it all the way up. a great place to enter with 35/50 so close to each other together with a RN and 1h ...

The Dance

Look at how many trading opportunities we have this morning... man.. i was sleeping when all this was happening. thanks to germany talking about raising borrowing rates to greece. hate the timing of euro news. here my analysis: 1st red arrow: retest ...

The Dance

70% strike rate could mean losing for 30trades then winning the nex 70. it could mean u lose 300 trades in a row and then win 700. in terms if MM i suggest all posters here to use __% they are comfortable with. BUT that % has to be of your current ...

The best way to trade is one trade a day

it happens to the greediest of us and the market as a teacher will teach those people very well. that will be called trading not by your rules. overtrading becomes too generic a term

The best way to trade is one trade a day

money management will not be part of my topic. i believe any decent trader will know how much to risk such that he doesnt blow his acct. 70% like i quoted was just an figurative number. your %% and ur RR ratios will be different. THE ISSUE IM TRYING ...

The best way to trade is one trade a day

all this talk about overtrading has no base of justification. u will take ALL valid signals becos of this 1 reason i'm gona make. for example u have a system 1:1 RR at 70% win rate. how do casinoes operate? they gain a small edge via probability and ...

The best way to trade is one trade a day

this is a gross generalisation of the concept. it will wipe out any1 with 0 MM. i used to use no sl as my strategy. it was wonderful. 83wins 0 loss(highest ever UNREALIZED drawdown was 12% of acct). problem is if im against the market it takes as ...

Cable Update (GBPUSD)

if im not wrong thats a constrainment on the GU 15mTF. and it overrode my D1 35ma touch signal T_T.

The Dance

hi dancers, im back after a long break. just took a short trade for G/U based on the fact that G/U D1 TF 35MA coincides with the round number 1.5200. got stopped out it preferred daily R1 instead but i have a feeling it is gona go down. ADP NFP ...

The Dance

the cross over needs filters. i just watched a cross over get UNCROSSED and continue in the opposite direction right in front of my eyes. on the gpd/usd pair

Simple 5 / 8 moving average crossover

while you're at it, remember to buy/sell any signal or tips NY times give u. newspapers report crap and they have nothing worth reading. i would prefer the number to be as high as possible. 99.999% would be good. financial markets are nothing but ...

New study shows only 1% of traders are consistently successful

just a lil more shorting to go. 1.4950 triggers my longs!

Cable Update (GBPUSD)

so true... before i starting trading your strategy i was actually quite profitable on another. proud record stands at 87wins 0 loss. if my trade was right i made small money, if my trade was wrong i made big money(highest unrealised drawdown was ...

The Dance

oh boy! clay u got me all excited about the breakout trading in your advanced strategy. as for oscillators, they lie becos they are on the wrong time frame. My experience with them is this: given a 200pip move up in a day, lets say i trade on the ...

The Dance

this is very true. when we see a steep move up with a steep 10ema, the bar is usually far from the 10ema, for it to retrace back to the 10 to touch it will be a big move which will cause the 10 to form a u turned shape. but when it bounces off that ...

The Dance

hi clay i finally understood why u are having problems with 5EMA bounces. it repaints horribly and looks perfect in hindsight. definitely not something we can trust. was eyeing the trade, luckily i didnt enter due to gut instinct on PA and saw how ...

The Dance

hi DANCERS! london has just opened. wishing all green pips today. gona be quite a tough day i presume, peppered with high impact news from UK n US n VIPs releasing statements. a little constrainment is forming at london open for E/J(35/50/10 with ...

The Dance

ah yes. it did go in my way initially for about 10pips. as the bar closed i was tabbing to my platform to move SL to the close of previous bar but BOOM in less than 3secs as i was entering my new SL, the bar shot past 35SMA and i was already in the ...

The Dance

yea that was the trade that i took. i missed the earlier 1 out due to the fact that i dont trade asian session. also took it as i interpreted it as a fast retrace which took 2 big bars to go up with a steep 45 deg angle of the 10ema being a strong ...

The Dance

am lookin at the same GU chart as u right now and silver trend is repainting as i speak. up arrow appears on chart for any price appearing 4990 n above anything below and the arrow will disappears.

Polapip The Meandering System (TMS)