Bullish or bearish candle? Is it higher or lower 200 EMA?

The brutal truth of day trading

You mixed up the names. Instead of RickM you should write PeterCaleb. And then all your post is correct 100%.

The brutal truth of day trading

I think it depends on how you prefer to trade. For example I have one strategy and there are 1 trade per week. I use spread broker for it. All that 10 points spread make no sense if you are trying to collect 500-1000 points. And I have icmarkets ...

Trading is as simple as 1-2-3

Memorized!

The brutal truth of day trading

Guys, I think you are using robots incorrect. The purpose of the robot is not make things faster that human can do. For example is it possible to place entry and TP fast on 28 symbols at once? No, it is not possible for human, but it is possible for ...

What's Your Opinion on EAs and How to Approach Them!

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Make Money Trading Forex? This way, or the highway

Are there any other interesting stories?

Make Money Trading Forex? This way, or the highway

Very good atricle my friend. But I'll suggest not save login information in txt file, use KeePass or similar password storage software.

MT4/MT5 Portable

I have found "bad" trade example. It is 3 days ago CHFJPY image As you see it was green candle closed higher the Asian session high. Also the main direction was long. But it reverse. First we need to calculate the distance between Asian High and ...

Simple easy LOPEN strategy (eurusd)

No, I'm not talking about broker name or whatever, I mean you don't have borders around the charts. image yours are: image they are thin and very nice. And I can't understand how you did it

MT4/MT5 Portable

I have about 72% winrate, but the main problem still is big DD that can happen (I had more than 68% once). So I'm trying not to increase winrate (even 51% is good), but to reduce DD. Risk ratio is more important than winrate. That's why I'm trying ...

Simple easy LOPEN strategy (eurusd)

Thanks for your question! We are trading 10:00 (London open, time from ICMarkets server), till 17:00 (15:00 NY open + 2 hours). The candle you have selected is out of the range. It is 17:01. In most cases it is better not to takes those trades. We ...

Simple easy LOPEN strategy (eurusd)

Best example found on this week on accumulation and distribution it USDJPY: image The main problem that we don't know the direction of distribution after the accumulation. So trading on accumulation phase is far more risky.

Simple easy LOPEN strategy (eurusd)

Because if the price stay in the Asian session range (and the middle like is the new "daily open", corrected), that mean that it is ranging market. Check Gold today. There were no movements outside the box, so no trades. Or you will stuck inside. ...

Simple easy LOPEN strategy (eurusd)

Let's check indices, for example DE30. First day it was short using all the rules above, next day there were no trades, and today it was very nice long found. image P.S. I have to say that it is NOT working on crypto because there are no sessions. ...

Simple easy LOPEN strategy (eurusd)

Now let's check GBPUSD First trade was not good. Yes it was uptrend (lime), but the candle was very little and has a very big lower shadow. In fact I have entered that long and reverse double size in the middle (middle line between Asian H and L). ...

Simple easy LOPEN strategy (eurusd)

Here is the example form EURUSD. As you see the trend was changing, so there were >50% maroon color then lime. And the candle was closed lower that Asian low. Next day there were no trades. Today, the trend was red, candle closed lower so it was ...

Simple easy LOPEN strategy (eurusd)

I thought I read all your posts, but still can't understand how you removed all that window titles? Could you please explain or if I missed where you already said that share link? Thanks!

MT4/MT5 Portable

Great tuttorial! (trying to speak Italian) But how about mt5? The same way?

MT4/MT5 Portable

Hi TimeTells! There were no shorts allowed for GU yesterday at all. Because of my rules. So robot was searching only for longs. Robot is trading on green arrows. But there must be some sequence found. For example it must reverse candle found first. ...

The brutal truth of day trading