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Ok I cannot figure this out. Sorry this might be very simple but I cant wrap my head around this. I ...
According to this post: url Kelly determines the optimal % of account to RISK. But assuming this is right, I still dont understand how to accurately calculate the Kelly Criterion. Here is the equation that Ernie Chan uses in his books: ...
Likica what do you think about this USDCAD setup... both M30 and H1 show a hidden bullish divergence. The previous candle is also an engulfing bar... image
Im not emmanual but he seems to be trading the pullback. There is a good support at 79.7x. Imma go long when tdi crosses. image
rsi shows a simple bearish divergence on weekly... just by a hair. Goes along with the bearish prospects in the news.
rsi shows a simple bearish divergence on daily... these often indicate a continuation after a retracement, but be weary of this double top image
Nice setup on GBPAUD. Going to pull the trigger on the open of next H4 candle. Thoughts? image
This bearish divergence on AUDUSD looks kinda cute... would anyone else take this trade? still learning the system
entered short on USDCAD 200ma cross. hit the take profit just above the resistance level. I find myself always taking these short term trades... not sure if its healthy tho image
Ok I cannot figure this out. Sorry this might be very simple but I cant wrap my head around this. I ...
Entered off one of the 55 bounces... the spike scared me off, took my money and ran.