Very intersting thread. Looking forward to your thoughtful contributions. ---subscribed---

Why Traders lose money and how to start being consistently profit

thanks for the quick answer! Regarding your entry: there is a rather wide space between the MA's, where exactly do you place your limit order? How do you combine 2 TF's? Do you look at the same entry criteria in both TF's? And last: do you place the ...

Trend Trading System

Hi fartist, bothering you with more questions: 1) what timeframes do you trade? 2) would you expect your method to work on lower TFs, say 4h or 60min? 3) what is you actual entry signal once price gets into the value zone? 4) how do you determine ...

Trend Trading System

Hi fartist,your method sounds interesting and makes sense too. So count me in. First question that comes to my mind: what kind of monthly drawdowns have you experienced so far? And second: how long have you been trading this way? best wishes, sorilli

Trend Trading System

Congratulations to this outstanding thread, and thanks for the generous explanation of your interesting method! I admire your discipline. I started trading in 2008 and had consistent losses over the years (discipline issues, system hopping, you name ...

AckelSystem

Hi revoli and seaman2, thanks for taking the time to post in my journal and your valuable advice! revoli, you are right its the lack of discipline that bleeds my account. I managed to loose >70% of my (smallish) account in a little over a year and ...

sorilli's ACD system journal

GBPNZD stoppend out: -21pip

sorilli's ACD system journal

GBPNZD: uptrend 4h/60min failed A down enter 1 minilot @1.4401/ SL 1.4380/ TP 1.4480 entry conditions updated

sorilli's ACD system journal

If I understand the book correctly, ACD is primarily (but not exlusively) meant for intraday trading of commodities and stocks. So, I use a 30min opening range for London (GBPUSD) and Frankfurt (EURUSD). A values are calculated from ATR10 (10%) and ...

sorilli's ACD system journal

stopped out -26pip

sorilli's ACD system journal

EURUSD: failed A down with 2 nice PIN bars enter 2 minilots @1.3001; SL 2975 TP 3040

sorilli's ACD system journal

Thanks for the link to this ET forum. Will check that out.

sorilli's ACD system journal

Hi seaman2, I dont but read the book and listened to his seminar and liked it. The method makes sense and is going to keep me out of stupid trades. I'm still working on additional filters for entry, Also, I trade live but only a small account so the ...

sorilli's ACD system journal

OK lets call it a week. No more trades till monday. Results first week: 4 trades: 2 wins total -19 pip lessons learned: dont trade around red news time (+/-30 min)

sorilli's ACD system journal

EURUSD: TP reached +30pip

sorilli's ACD system journal

EURUSD: A up enter buy 1 minilot @ 1.2933, SL 1.2894, TP 2963 (30pip only, countertrend!)

sorilli's ACD system journal

stopped out: -20pip

sorilli's ACD system journal

Ok new day. EURUSD failed A up and bearish engulfing 10:02: enter sell 4mini lots @ 1.2903 SL 1.2923 TP1 1.2873

sorilli's ACD system journal

GBPUSD manual exit around London close +2pip summary march 21: 3trades/-47pip loss

sorilli's ACD system journal

EUUSD stopped out, -21 pip GBPUSD A up, buy 1 minilot @1.5179, SL 1.5114

sorilli's ACD system journal