I have zero spread from time to time but normally between 0,5–1,5 Pips. So far I did not know there are true ECN brokers were you pay no extra spread instead of commission? Let me know such broker. Yes you are theoretical right with RR being ...

Trading Made Simple

Yes but I really try to avoid going against the trend direction, where trend direction for me only means looking at the H1 before starting my day. And if there is not even a clear trend in one direction (not only 1-2 candles, I mean decent swings ...

Trading Made Simple

Well that is a complete different world from trading and compounding with multiple lots starting at lets say a real $50.000,00 USD account. I did put aside that amount for two years ago for manually trading as I started with learning the TMS ...

Trading Made Simple

Well compounding works everywhere where you let your money work for you. I guess what you mean is that with trading on a leveraged account at some point the percentage growth to your account becomes linear and compounding flattens out because your ...

Trading Made Simple

I would agree with that particular trade example. 1) Not in direction of the Trend 2) If you care about S/R = no trade Not waited for the setup candle to be closed is a different story but at least these 2 facts should have let you stayed out of ...

Trading Made Simple

What „compounding theory rubbish“ ?

Trading Made Simple

Well but you tend to sound like all other ways than your way would be wrong. There is no right or wrong. If you say less time spend looking at charts, that can be solved with no matter what time frame you trade if you pre define your trading hours. ...

Trading Made Simple

But this would only make sense if every trader on the world entering a position to the market would also WAIT for a X time frames candle to close before going in? Why should it otherwise give any value of confirmation? Confirmation for what exactly? ...

Trading Made Simple

You are over analyzing things Emmanuel. I think the best you can do with such strategy is keeping your stops tight, always place one at every single trade and pray for the lord after thousands of such trades your loss is a bit smaller. That’s ...

Trading Made Simple

Where is the rule described a setup is only confirmed by a close of the candle after TDI crossed? It doesn’t really matter if you wait or not on these lower time frames. A M5 candle closed or not is absolute meaningless same with Support or ...

Trading Made Simple

So the logic behind these rules (waiting for 20/80 level to be reached) is because then price is considered as a very strong trending condition, and we want to enter in the direction of an established trend that keeps running. Is the OP of this ...

Lower risk, stress free TDI system

Did not ready anything yet but may I ask what is the idea behind the strategy going long only if stochastic is over the 80 level and only short if under 20? In my understanding about these levels so far 80 means overbought. So the market could be ...

Lower risk, stress free TDI system

What I noticed is that waiting for a single M15 candle to close or not is totally meaningless. Such close is just an arbitrary time point with no significance. Especially to forex where there is no real open/close like it is within stock markets. ...

Trading Made Simple

I am looking for a script similar to this one but where i can set a filter for ADR. So that executing the script will open only currency pairs where price moved at least X pips for the last X days. I would like to be able to pre-define X.

open all charts in my mt4 marketwatch by oneclick

Does anyone knows if there is a script or so that will auto open charts for pairs in MT4 based on pre-defined ADR values?

Trading Made Simple

Use 1% risk per trade. You can risk about 100 pips per trade (Sl). What your target would be depends on the strategy and market condition. Try aiming for 20 pips per trade with a SL of 10 pips. If you lose 3 trades in a row end your day and come ...

$2000 a month

Well, the major big cap indexes such as the S&P 500 and the NASDAQ 100 are still trading at or near new all-time highs. I wouldn’t panic to much especially if you are not holding long term investments in chinese stocks. I don’t see a reason here to ...

Trading Made Simple

Since when do you care about news for your trading?

Trading Made Simple

Thats true.

Trading Made Simple

Hi. How do you manage your trading frequency with such strategy? Trade every setup? Which trading hours? Maybe a fixed max. hours per day rule? A fixed profit or loss limit for a day, week, month?

Trendline Scalping System