RM depends on the trade type and success % as well. Sometimes you can have TP 100 pips, SL 10 pips for some news trading systems. You only need to win like 1 out of 9 trades to be profitable lol. Udine's system has a very high win % so a 2:1 is ...

As simple as possible: 00 level trading

SL 10 pips, trailing stop-loss (TS) when 3.5 pips profit @ 3.5 pips You should have triggered TS with that trade, SL is still not hit yet. Edit: Also, you need to make sure that the system works for that particular currency pair. Sometimes it just ...

As simple as possible: 00 level trading

Ah I see. Thanks for the insight I must say with your system even in August most of the pairs that I was monitoring had very high hit rates too. Would you consider December a difficult month as well?

As simple as possible: 00 level trading

Hi Udine, I'm currently monitoring 7 pairs but excluded GJ because of very high SL hit rate in the last few weeks. As of now its a 100% win for all 7 pairs today according to your rules lol (if you exclude the rule about ADR heh). Pretty insane. Of ...

As simple as possible: 00 level trading

What a boring Frankfurt open today... no opportunities

As simple as possible: 00 level trading

Ah which 4? I see from the first post that you do EJ and GJ

As simple as possible: 00 level trading

Hi Udine, glad to see that you're back. I've recently started back-testing your system and its displayed quite remarkable success. There seem to be some pairs that don't work very well with it though - in particular for the last 2 weeks or so the GJ ...

As simple as possible: 00 level trading

Ah okay. Well its an unusually quiet Frankfurt open today

As simple as possible: 00 level trading

If you set the AUDUSD trade for the London session instead (like I did), it hit SL, would not have mattered even if it was set at 5 pips TP.

Open Scalping Strategy

Anyone keeping away from the markets today? Liquidity across all the pairs seems to be down. People already taking off for the long weekend?

As simple as possible: 00 level trading

Ah nice, which pairs? There's plenty of drama during the Frankfurt open as well

As simple as possible: 00 level trading

Ah, thanks!

As simple as possible: 00 level trading

I just noticed that the potential E/U short and U/C long for the London open are at very high peaks and lows - swilliam would these be considerations as to whether a pending trade should be entered?

Open Scalping Strategy

I see. Thanks for the insight. As for today's update early Tokyo session - looks like a +7pip on E/U, but a loss on G/U (SL hit) and a potential loss on U/C (SL not hit yet). A/U has no trades today. Looks like it would be best to only commence the ...

Open Scalping Strategy

Yes you are correct

Open Scalping Strategy

I just noticed 2hrs ago there was a dip in EUR/USD which would have triggered limit sells according to this system - you would have come out at a loss if you had set SL 5 or 10.

Open Scalping Strategy

I only had a look at last week's EURUSD and GBPUSD. Looks like ideal TP is 5-7 pips now. As for SL it did not really matter, for the losing trades you'd die either way. For the winning trades they did not cross the border at all, except for USDCHF ...

Open Scalping Strategy

The closeness with the psychological level limit was the reason why I did not bother with the USD/JPY long scalp on Friday. Care to share the indicators that you use to determine whether the pairs are oversold or undersold?

Open Scalping Strategy

Hey all, I just started looking at this system and I'm using demo for it first. It just so happens that when I started it on Friday there was a loss for EURUSD/GBPUSD, profit on USDCHF, no trade for AUDUSD. I did some backtesting and the Tues-Thurs ...

Open Scalping Strategy

Looks like it climbed to 1.3370 tops and it has already descended below 1.3352... now its hovering at 1.3356-ish

EURUSD