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TheThing replied Aug 7, 2007Thank you for posting your backtest results with this pair and your suggestions! Appreciate all of this
After a long overview of your results I would like to share my 2 pips worth ideas and suggestions for this system. 1) Look at your ...Simple Daily System
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TheThing replied Aug 6, 2007Who hits whom?
And what you mean by automated reaction? Please be more specific. P.S. English is not my mother-language so i maybe don't understand everything.Simple Daily System
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TheThing replied Aug 6, 2007You enter the trade with 2 orders (2 buy or 2 sell). Entry point of 2 orders is the same according to the system's rules. TP1 for order1 is 30 pips, TP2 for order2 is 100 pips (you set this from the beginning). SL for order 2 and 1 is the same - 90 ...
Simple Daily System
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TheThing replied Aug 6, 2007Yes, haven't looked in details but seems there were about 4 successful trades and possibly 1 losing on 30 of June (can't see if SL was hit).
Simple Daily System
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TheThing replied Aug 6, 2007I share you opinion that simple system should have simple rules. But the only indicator (if it's suitable to call PB an indicator) I used above (the most important) is PB and I haven't seen a better sign of reversal movement. All indicators lags but ...
Simple Daily System
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TheThing replied Aug 6, 2007"Paint" means that results were just posted spontaneously, say 300 pips for Jan, -500 pips for Feb without actual testing the pairs or with testing but not posting the true results. However I do not share this.
Simple Daily System
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TheThing replied Aug 6, 2007Hello clapan, I'm not the creator of this system but i'm pretty sure that the author does NOT paint these results posted in post #1. The only problem for now with this system is that with different broker you'll have different results (however can't ...
Simple Daily System
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TheThing replied Aug 6, 2007Yeah, palm trees will wait for us, nowhere to go for them
That was a successful trade but I should watch it very carefully as mentioned above. One PB formed on Friday (nose was broken but bears haven't got enough strength to continue downside ...Simple Daily System
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TheThing replied Aug 5, 2007Great post Slade! Seems like simple things turn into more complicated ones! Kidding
This is a very interesting idea with MPE and max move but i can see 2 problems here.. 1) we need more testers join this thread, 'cause in the beginning we needed ...Simple Daily System
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TheThing replied Aug 5, 2007I'll add one more minus to minuses you have mentioned
On 4H chart a PB formed and has confluence with Fibo so I would be very careful with long trade and watch the market closely. In this situation it's not a set and forget setup as for me. Best ...Simple Daily System
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TheThing replied Aug 5, 2007Good work, kittiman! Can't watch CHF/YEN pair, 'cause don't have it with NF demo account. So maybe you'll be a "Test-King" for this pair as Kev-K said
I'll follow 3 bars setups and hope to catch a more strong move than with 2 bars you're testing. ...Simple Daily System
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TheThing replied Aug 5, 2007Dear Habeeb, May I ask for your opinion on this one?
There is a daily trendline break (EUR-JPY) and if to follow Mouteki technique we should enter at open of new candle formed above trendline. In this situation we have -80 pips and perhaps ...Mouteki Trading
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TheThing replied Aug 4, 2007Great! So one more pair is added to testing basket as well as one more broker (FXCM). I'm trying to decrease my SL and move it to B/E ASAP but seems you're a brave man if to look at SL 100
2 bad trades and -400 pips from the equity (if you're ...Simple Daily System
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TheThing replied Aug 4, 2007I was just kidding pintto
I know there are people watching this thread and possibly testing smth
I'll compare NF and InterbankFX (my broker for live trading) charts and we'll see how much the difference is. If you can get the data from other ...Simple Daily System
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TheThing replied Aug 4, 2007Thank you for your input! Will check netdania today! Regards.
Simple Daily System