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shellsnail replied Nov 26, 2013First flip: heads, buy EUR/USD. TP: 20 pips.
Somewhere to document my thoughts...
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shellsnail replied Nov 26, 2013To attempt to prove the hypothesis that analysis is nothing more than intellectual masturbation, here's an experiment that I propose. Flip a coin, if head enter buy, if tails enter sell. Once in the trade, if price moves 3 pips against you, set TP ...
Somewhere to document my thoughts...
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shellsnail replied Nov 26, 2013Hi you mind if I ask some questions.. you don't have to answer them if you don't want to. 1) Is this a set-and-forget trade? If price moves 200 pips in your favour, do you shift your SL or does it stay at where it is. 2) If Price hits your TP, and ...
Albatross29 Trading Journal
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shellsnail replied Nov 26, 2013yeah this is a good one
I think I felt this way for a long time.5 Reasons Why Traders Lose
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shellsnail replied Nov 26, 2013Swing trading I trade almost all pairs, except CHF pairs because I trade their EUR counterparts.. Intra-day my favourites are GBP/USD for london/US session and AUD/JPY for asian session.
What pair(s) do you trade and why?
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shellsnail commented Nov 26, 2013good analysis. for me I keep it simple: trend down = short until resistance breaks.
Lowest October trade deficit in New Zealand since the mid-1990s
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shellsnail commented Nov 26, 2013That's a long time to be trading mate. Hope the day was good fer ya.
Lowest October trade deficit in New Zealand since the mid-1990s
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shellsnail commented Nov 26, 2013This data is good for NZD isn't it, typically I mean. Lower trade deficit -> currency strength. BUT maybe you are right, it's already priced in if not NZD will be like AUD now already. These two usually stick together but have diverged recently.
Lowest October trade deficit in New Zealand since the mid-1990s
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shellsnail commented Nov 26, 2013Ok. we will see about that one

Lowest October trade deficit in New Zealand since the mid-1990s
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shellsnail commented Nov 26, 2013Lowest or not, market doesn't seem particularly impressed yet...
Lowest October trade deficit in New Zealand since the mid-1990s
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shellsnail replied Nov 26, 2013But I think I was lucky. Today could have been a loss day too, but long term expectancy I have tested is highly positive so I am trading it. Basic methodology is 100% trend following.: 4H chart for trend, OS/OB -> activate EA on 15min chart. 15min ...
Sell a working Expert Advisor
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shellsnail replied Nov 26, 2013yup it's correct, because all the positive trades have been closed by EA already(trade management) (after all it is late US session). Now my DD is -24pounds. closed profit is +230. A lot of these trades are re-entries of closed trades at better (or ...
Sell a working Expert Advisor
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shellsnail replied Nov 26, 2013I agree with you, that method is pure BS. and maybe it is as you said, that you know it's all self hypnosis sure. But i see it more as passing it on, when I see something that ought be to given a second look I say it. Maybe 500 is a bit steep but ...
Sell a working Expert Advisor
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shellsnail replied Nov 26, 2013Feel free to use the ignore function to make your forum experience more enjoyable.
Sell a working Expert Advisor
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shellsnail replied Nov 26, 2013As I said, I don't think newbies should be using this EA. My honest review is that it's not meant for newbies, because they wouldn't know when to take the loss without a proper system when trades go against them -> eventually blown account. If ...
Sell a working Expert Advisor
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shellsnail replied Nov 26, 2013lol... so do you have the EA or do I have the EA? gosh, listen to yourself. Not helping the sellers, trying to help experienced traders here who might find this tool useful. Just offering my review of it after developing a system, testing and ...
Sell a working Expert Advisor
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shellsnail replied Nov 26, 2013I am saying this because I believe there are many experienced traders out there who can do the same using this EA to aid their trading as long as you know its limitations, because I don't like seeing something that is good being thrown away or ...
Sell a working Expert Advisor
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shellsnail replied Nov 26, 2013FWIW, as I have mentioned in some of the previous posts, I am currently trading with this EA live with my own system/strategy. I am not linking my account, but if you want you can follow my trade journal as I will share some of my trades both manual ...
Sell a working Expert Advisor
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shellsnail replied Nov 26, 20131) Waiting. 2) I hate waiting. 3) Patience/Music/Studying
What's the most important activity in your trading business?
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shellsnail replied Nov 26, 2013Follow the trend until something breaks
When market gives profit opportunities such as this, just take it and say thanks, don't go trade counter-trend and ruin it.Somewhere to document my thoughts...