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forexmoments replied Jun 18, 2008Ron, I think any type of trading method is unsuitable if one doesn't have a sufficient amount of capital.
Trend Finder Daily
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forexmoments replied Jun 18, 2008Eur/Jpy currently up over 400 pips. Let's see where this one takes us.
AshFX Daily
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forexmoments replied Jun 18, 2008Use the template I've provided if you're with MT4. Otherwise it's: Step = 0.03 Maximum = 0.2
AshFX Daily
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forexmoments replied Jun 18, 2008Sheesh, just a bit. Good call man.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexmoments replied Jun 18, 2008Excellent piece of advice Peter.
No Free Lunch but all the Free Coffee you can drink
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forexmoments replied Jun 18, 2008The question is, can discretion be programmed?
A question for the wiser and older here!
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forexmoments replied Jun 18, 2008I agree, AO is definitely more reliable than AC. I personally use both in my trading for confirmation.
Trend Finder Daily
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forexmoments replied Jun 17, 2008Not a problem. True actually; I should have counted the real stop as 238 pips (especially since I'm counting the multiple profitable pips as well). Yes, there is a short on the USD/CAD today. But it's a regular trade, not a SS trade. The stochs did ...
AshFX Daily
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forexmoments replied Jun 17, 2008Lol, you're missing nothing, it was my personal trade where I had entered multiple positions on USD/CAD!! Apologies for the confusion.
AshFX Daily
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forexmoments replied Jun 17, 2008No, there is only one trade, because: a) The SL wasn't hit. b) The second "trade" you talk about couldn't occur since the Stochs weren't crossing up.
AshFX Daily
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forexmoments replied Jun 17, 2008Nvwine - correct, the swing low is exactly that, 0.9818. So yep, if you look at the trade, it was a "Second Strength Trade", because the Stochs has crossed the 50 line, which is why the initial SL would be placed at 0.9818, making the SL = 119 pips ...
AshFX Daily
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forexmoments replied Jun 17, 2008NuclearSecret, it's all explained in the PDF my friend. (Hint: it's under the section entitled "Second Trades"). Read it again and if you still don't understand, let me know, happy to explain. Maybe I haven't explained it so well.
AshFX Daily
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forexmoments replied Jun 17, 2008Guys, take a look at this long trade on the USD/CAD. If todays AO closes as red (once candle has closed), then we would have exited for around 1000 pips (yes ONE THOUSAND). And our SL would have ONLY been around 100 pips. These are the types of ...
AshFX Daily
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forexmoments replied Jun 17, 2008Come on guys, if you're gonna crack jokes, at least make them funny...
Cable Update (GBPUSD)
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forexmoments replied Jun 17, 2008Never knew there was so much passion for certain pairs!!!
Auslanco - GBP/JPY and GBP/USD (newstrade)