Hi people,
i have learnt alot from FF...over time, my trading has evolved. sometimes,not for the better..but i have learnt some things
1. the future is unknown
2. the trend is your friend
3. even though the market oscillates, there's still a general direction.
This is me giving back some of what i have learnt. I am hoping to inspire someone, just as i have been inspired by threads like CICR, symphonie, Pimpology- intensive care for newbies(forex-tsd).
my strategy is simple. i hate to lose....but in this market, that is really inevitable. This strategy isnt suitable for everyone. If you have an already working system, you might want to stick to it. I believe consistency is important. my strategy involves some radical thinking. it is not the HOLY GRAIL....
Just another way of trading.
i wish to thank jaguar1637 for his help in trying to automate the system. Its still a work in progress. My system involves some hedging, sometimes we add to a losing trade, but we ALWAYS make sure we are in the direction of the trend. my indicators are macd, john ehlers instantaneous trend, moving averages and CCI.
it involves constantly monitoring the GOLD, CRUDE, USD index and the EURO index..thinking about it, its really kinda hectic. Trading is hard work, get use to it...
this is a system i tried out a couple of months ago..great results. i began another test about a week ago (i started implementing some firm controls),,i have attached statements...basically following price action and harvesting them pips...i am not interested in the number of pips really, i just love to see my account grow..i will begin posting the strategy on Monday. i need to define the rules myself..
like i said earlier, this aint for everyone..and its not the holy grail, not by a long shot..but its a dynamic and very flexible approach...
have a great weekend.
Money management
0.1 - 0.15 starting lot size for every $3000 (first entry trades)
Add-on trades(new signal trades should be 2.2x the first entry trade) e.g if the first entry trade is 0.1 for a buy, and we get a sell signal, sell trade should be 0.22)
Entry rules
Buy Signal
macd M30 cross-over upwards
macd H1 green bars
instant M15 upward cross
Sell Signal
macd M30 cross-over downwards
macd H1 red bars
instant M15 downward cross
Targets
25 - 40pips (for first entry trades)
With Add-on trades (1 - 5% equity targets)
Exits
exit positive trades on reverse signal
exit positive trades at areas of price consolidation
i have learnt alot from FF...over time, my trading has evolved. sometimes,not for the better..but i have learnt some things
1. the future is unknown
2. the trend is your friend
3. even though the market oscillates, there's still a general direction.
This is me giving back some of what i have learnt. I am hoping to inspire someone, just as i have been inspired by threads like CICR, symphonie, Pimpology- intensive care for newbies(forex-tsd).
my strategy is simple. i hate to lose....but in this market, that is really inevitable. This strategy isnt suitable for everyone. If you have an already working system, you might want to stick to it. I believe consistency is important. my strategy involves some radical thinking. it is not the HOLY GRAIL....
Just another way of trading.
i wish to thank jaguar1637 for his help in trying to automate the system. Its still a work in progress. My system involves some hedging, sometimes we add to a losing trade, but we ALWAYS make sure we are in the direction of the trend. my indicators are macd, john ehlers instantaneous trend, moving averages and CCI.
it involves constantly monitoring the GOLD, CRUDE, USD index and the EURO index..thinking about it, its really kinda hectic. Trading is hard work, get use to it...
this is a system i tried out a couple of months ago..great results. i began another test about a week ago (i started implementing some firm controls),,i have attached statements...basically following price action and harvesting them pips...i am not interested in the number of pips really, i just love to see my account grow..i will begin posting the strategy on Monday. i need to define the rules myself..
like i said earlier, this aint for everyone..and its not the holy grail, not by a long shot..but its a dynamic and very flexible approach...
have a great weekend.
Money management
0.1 - 0.15 starting lot size for every $3000 (first entry trades)
Add-on trades(new signal trades should be 2.2x the first entry trade) e.g if the first entry trade is 0.1 for a buy, and we get a sell signal, sell trade should be 0.22)
Entry rules
Buy Signal
macd M30 cross-over upwards
macd H1 green bars
instant M15 upward cross
Sell Signal
macd M30 cross-over downwards
macd H1 red bars
instant M15 downward cross
Targets
25 - 40pips (for first entry trades)
With Add-on trades (1 - 5% equity targets)
Exits
exit positive trades on reverse signal
exit positive trades at areas of price consolidation
It is possible to make large sums trading, small losses, large wins