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- RChio replied Nov 9, 2014
Hi Dave, To be quite honest, I can give you an example of a potential entry using fresh data and what I find but you may need to wait a couple of days as my original workings that has brought me majority of my success shown in my stats is lost in ...
- RChio replied Jun 27, 2013
Hey Eur_Usd, I don't teach or take on people to teach because frankly I'm a trader not a teacher and I enjoy my time for my family.. however here's some things I can see or pointers I'll share with you. 1. You have perseverance. This is a good trait ...
- RChio replied Jun 25, 2013
What you need to do is learn the art of MANUAL back testing... using Excel. Run your strategy through this... to get a probability of losing vs wins. Then you can assess whether or not your strategy is profitable. Auto back testing is good when you ...
- RChio replied Jun 7, 2013
Thanks broke trader seems to me that you're no longer a "broke" trader given the way you've responded to EurUSD.
- RChio replied Jun 7, 2013
Hey Broke trader, I really like what you've written here. Trading with EA only is definitely NOT a view I share but that's my own opinion and it works for me. The reason I say this is because an EA needs to be continually updated depending on what's ...
- RChio replied Jun 7, 2013
Hey, Eur_USD, An EA = Expert Advisor, which really can be a system that has been programmed to work within set parameters or can be a signal generator to tell you when something catches it's eye. I feel for you because I was there once in my life ...
- RChio replied Jan 2, 2013
Nice!, Which 3 brokers do you use as reference? if you don't mind me asking.
- RChio replied Sep 21, 2010
Dude, You simply need to take a break and come back in again after some of your confidence comes back. During your break, see if you can stay away from the market and anything about the market. After your break, see if you can trade 0.01 lot sizes. ...
- RChio replied Aug 4, 2010
Hi Lorna, Something to consider... Fibonacci levels are simply and indicator of how the market feels about the current price. It marks out where the psychological levels are and then you wait to see whether the movement is just a retracement or a ...
- RChio replied Mar 25, 2010
I don't know what your thoughts are guys but to me... that whole down trend was a retracement and NOT a reversal... May be too premature to call but looks like a 61.8% retracement on the H1 from the last uptrend move.... if this is so.. looks like ...
- RChio replied Mar 25, 2010
I've had days like that... could have been worse I suppose... Keep your chin up.. cheers, R
- RChio replied Mar 25, 2010
Nah... not talking about the market movers i.e. big boys - banks, funds etc... I'm talking about the market movers as in those who manage their own funds... they still place large orders but smaller profit targets cause they only need money to live ...
- RChio replied Mar 25, 2010
Cloggs.. you are damn good at this mate... I was thinking exactly the same thing but only learnt to think like this a few weeks ago. Cheers... and keep up the posting mate... I'm learning! R
- RChio replied Mar 25, 2010
Hi Temps... by 50 ... do you mean lots? Cheers, R
- RChio replied Mar 25, 2010
Well, dunno about you but I scalp that trip down multiple times... surely there are others who only want 30 pips and call it a day... I did know a dude who makes a good living off 10 pips a day... but trades 50 lot sizes... Any who, like I said, a ...
- RChio replied Mar 25, 2010
Looks like back to technicals... it should go up a few pips now as you may see people start taking their profits from the shorts..
- RChio replied Mar 25, 2010
Is this a known fact or in a news somewhere... Cheers, R
- RChio replied Mar 25, 2010
Sorry for my ignorance... but where did you get the "first wave of census workers showing up" Cheers, R
- RChio replied Mar 25, 2010
Dude, Be very Careful, looks like the news will be POSITIVE for the US unemployment.... Also this being the case... it also looks like it is already priced in the current price action for GU or atleast most of it.... Guess the best profit to be made ...
- RChio replied Mar 24, 2010
I thought of joining you but could find a place to create a new hole in my pocket after today.. Ok so which of you took my dough today??? Anyway... I decided not to take a week off considering I recovered some of my losses from earlier longs ...