- Search Energy EXCH
-
mbqb11 replied Mar 29, 2008Hey suspect The indicators are both EMA. So for mt4 simply add a moving average indicator and make sure it is set on exponential. One with a 365 and one with a 150. Take care Mike
james16 Chart Thread
-
mbqb11 replied Mar 27, 2008Hey Siam The PA setup here is an IB on the daily + a TBL. So a break of an IB and a TBL can be used for trend continuation, and in this case gbp/chf is clearly in a downtrend Hope that helps Mike
james16 Chart Thread
-
mbqb11 replied Mar 26, 2008well feel free to message me if your looking for questions to be answered, not for me to share my strategy
trader who hits about 1 -3 % per year
-
mbqb11 replied Mar 26, 2008Nope in order for it to be a DBHLC the highs should be equal or within a few pips depending on the timeframe In answer to your last question yes those are pinbars, and of course they are against very strong trends. They haven't failed yet, but if ...
james16 Chart Thread
-
mbqb11 replied Mar 26, 2008you can earn 3-3.5 % with a savings account I can't see you wanting to deal with the hassles of trading for 1-3% per year.
trader who hits about 1 -3 % per year
-
mbqb11 replied Mar 26, 2008still someone has not said how many pips you make a month! I need to know this. If I ask you how to make a hamburger you would all know PIPS A MONTH NOW TELL ME
Sorry, No Time to Read or Study. Need a System Now!
-
mbqb11 replied Mar 21, 2008url best of luck cooking your hamburgers, b/c forex is not for you
I need an opinion plz
-
mbqb11 replied Mar 21, 2008Pips don't mean anything patkan A trader can make 100000000 pips a month , and another trader can make 100 and they can still both make them same $$$ that month. You say you dont care about account size, position size....but those are all very ...
I need an opinion plz
-
mbqb11 replied Mar 20, 2008wiz, there are dealing desk and ECNs...there are many options out there for a traders in spot. One just has to do their due diligence. There are advantages and disadvantages to every market, broker model etc. The list is huge, but certainly one can ...
james16 Chart Thread
-
mbqb11 replied Mar 20, 2008I believe what merlin means here(please correct me if I am wrong Merlin) is once an order is executed one can see the effect it has on the market. So if a huge order comes into the market and is executed and it shows little to no effect. That is ...
"Bank Flow" Trading - Resources?
-
mbqb11 replied Mar 19, 2008Hey bee Good to see a new poster
For me personally I trail my stops as follows If I am on the daily and weekly timeframes, I only exit on the same timeframe. So if I enter a weekly trade, I do not move my stops till the end of the week. Same with ...james16 Chart Thread
-
mbqb11 replied Mar 19, 2008now the way I actually reduce my risk or exposure once I am in a trade is to trail my stops. So for example on the euro pinbar, since this is a counter trend trade, I will move my stops quicker then normal. So my risk for the trade was 1.5% and my ...
james16 Chart Thread
-
mbqb11 replied Mar 19, 2008I am not here backing anything but smart Money Mgmt lol I trade different then James, and everyone inside the Private forum will tell you that. But the idea that you are taking on too much risk based on where your stop is, just isn't true. And a ...
james16 Chart Thread
-
mbqb11 replied Mar 19, 2008Like I said if you are trading a fixed amount per trade, then you are really putting yourself at a disadvantage. Because then you have to adjust your trading to match your fixed amount. Instead of adjusting your position size based on your stop. ...
james16 Chart Thread
-
mbqb11 replied Mar 19, 2008I know what you are trying to get at wiz, but you never expose yourself to large amounts of risk if you are properly position sized. You expose yourself to the same risk if your stop is 10 pips or 1000 pips if you used a fixed % risk. 1% per trade, ...
james16 Chart Thread