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bullrock replied Oct 10, 2007Well I was thinking large trend well above 1000 pips.. Say approx 2000-3000 pips? But as I said I might be completely wrong. I should have done deeper analysis before saying anything.

Soultrader's Clinic :)
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bullrock replied Oct 10, 2007Here is what I think.. I am a complete newbie (2 1/2 years of FX) so it is useles. But the way I look at the things is that the longer trends lasts the less likely it will continue. (sideways or reverse follows, in any combination). There are 2 ...
Soultrader's Clinic :)
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bullrock replied Oct 10, 2007My goal is to keep it simple really and not to clutter with indicators. Money management should be the key here. But anyone can modify the rules as per taste and personality.
Keep up the good work.Three Bar Scalp Method w Probability
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bullrock replied Oct 10, 2007Well ceasarnc I have to say you were right. Oh I hate this....

Cable Update (GBPUSD)
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bullrock replied Oct 10, 2007You can add an MA to the RSI... Personally I dont like to add too much filters because that would filter out the good ones too.
Three Bar Scalp Method w Probability
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bullrock replied Oct 10, 2007For those who think 30 pips is little as SL... I am using 50-100 pips SL depeneding on the day and 40-50 pips TPs. When unit 2 is hit or in 80-100 gain pull that into BE and leave third unit in play. Cumulatively this can bring to table over 1000 ...
Three Bar Scalp Method w Probability
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bullrock replied Oct 10, 2007Good to hear that. The problem is the NFP days and heavy volatility.. The answer to your question is yes. Think logically. If say your SL is at BE but you still have runnign positions in profits and TPs at hand why the heck you would close? Trail ...
Three Bar Scalp Method w Probability
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bullrock replied Oct 10, 2007Yes agree so I have modified it. We will play with 4-5 units each has a TP and an SL and we wait till or the TPs or the SL has been hit.
Flip The Coin System
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bullrock replied Oct 10, 2007I have set a TP for the fourth as well. So we do close EOD.. We wait till SL or the TP has been hit.. Flip there again LE 2.04345 SL 2.03345 TP 2.04745 TP 2.05145 TP 2.05545 TP 2.05945
Flip The Coin System
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bullrock replied Oct 10, 2007So far -2% PL That is -100 pips.. We have flipped ... 2 head 1 tail -> buy Again 100 SL 40 TP 80 TP 120 TP 1 left till next day 12:30 GMT. Will post pics later
Flip The Coin System
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bullrock replied Oct 10, 2007Hi philmcgrew, thank for your views. Well what I am trying to prove here is that the entry has no imprtance whatsoever (0) and the gains and long term survival is mostly influenced by the money management and the timing of the exit. I am a firm ...
Flip The Coin System
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bullrock replied Oct 10, 2007Marching song of the Chinese Communist Army through the Wall....
Cable Update (GBPUSD)
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bullrock replied Oct 10, 2007I still have to learn from the MASTER. But I am nearly there.
Cable Update (GBPUSD)
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bullrock replied Oct 10, 2007Well we are going from overbought, to very overbought, from there to extra overbought, to super overbought, to super extra overbought, super super overbought, and so on....
:Cable Update (GBPUSD)
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bullrock replied Oct 10, 2007Yep.... I has broke a very important resistance trendline upwards... It will go up to that level I believe.
Cable Update (GBPUSD)