- | Joined Nov 2005 | Status: Member | 59 Posts
The Market can Remain Irrational Longer than You can Remain Liquid
Trend Follower m1 Scalping WITH m5 Revised Rainbow Setup 56 replies
The Fibonacci Rainbow 17 replies
Watch My Blue Rainbow 28 replies
Rainbow Patterns/Observations 171 replies
rainbow ema mma quick questions.. 3 replies
DislikedMost pairs were in a retrace mode earlier today so I had to wait. EURAUD short trade, +136.0 pips (10 lots at +13.6 pips). {image}Ignored
Disliked{quote} Hi, I see that you joined back in 2008 and you have had a busy past 6 months just trying out a lot of different trading systems, I have been in your shoes and have done the same in the past. It is a matter of finding what fits/suits you best. Just like cigarguy's reply to you, there is an element to trading that can't be explained but comes with many years of trading experience. You need to learn to read Price Action. Next come the intangibles , first you have got to develop a so called third eye (intuition). Second is discretion meaning...Ignored
Disliked{quote} Master. I saw like 4 or 5 strategies for rainbow on this thread, but I worried when I read this what pips ninja wrote, because pips ninja have all the reason. And he wrote at the end:Not So Simple After All... Practice, experience, follow rules, criteria, cold head, and a little of lucky. Good trading for all you. Well, I will read this thread just one time again. I need to make some notes. Please pips ninja share your template, I would like to practice with it. Thank you. And sorry for my english, I am learning yet.Ignored
DislikedToday I want to share my experience using rainbow. I have read four times this 30 pages with this system trying to understand how to make it right. I opened a demo account with 500usd and blew up in less than 9 trades jejeje. last sunday I opened a real account with 90usd, I made my first trade and win 23usd and at the same time lost 23usd... what happend since sunday was awesome for me. 37 trades with profit, 1 trade with lost, 90 usd become to 497usd in 4 days, winning more than 100usd each day. each trade open with 0.3 lots is my rule, no more...Ignored
Much appreciated