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- ciscosmithy replied Feb 8, 2011
Vantage, A great response and clearly from your experience the base is ok but requires discretionary experience to be truly successful, as I think the original rules if you took every trade offered, would bleed a slow death, in my experience of ...
Profit All Day System
- ciscosmithy replied Feb 8, 2011
I don't disagree that you may want to add discretionary components, all I was saying is in the original post it was clearly stated not to change the rules, therefore if someone was following this system by the rules they have encountered 3 losses in ...
Profit All Day System
- ciscosmithy replied Feb 8, 2011
See this is where Cubby's experience may come in and therefore are the rules in the original posts the only ones. You mention ReaM " He trades only 2 times per pair in a given day." Yet the above post was yesterday's trades.
Profit All Day System
- ciscosmithy replied Feb 8, 2011
Vantage, It may be wise to check all that you are saying but the original rules don't say check S/R, ATR. Cubby actually quoted "Please do not change this method to your liking, keep it as it is." Therefore I assume the trades taken as per rules ...
Profit All Day System
- ciscosmithy replied Feb 7, 2011
I appreciate your honesty about not sharing stats, and as you know being a trader for 4 years, one week doesn't make a season, but I will continue to follow with interest. The only trade I saw last night on the 15 min / 1 hour before I called it a ...
Profit All Day System
- ciscosmithy replied Feb 7, 2011
cubbygood, With the winning figures you have quoted today, am I correct in stating your overall win was 23.3 pips for the four trades collectively. Eg One EUR trade .7 * 17 = 11.9 .3 * -10 = -3 --------------------- total win 8.9 If my calcs are ...
Profit All Day System
- ciscosmithy replied Feb 7, 2011
My understanding is last swing high is LLHLL, the area you identified is HLHLL, at least with my broker it is.
Profit All Day System
- ciscosmithy replied Feb 7, 2011
Just want to clarify, I haven't taken the trade, I just wanted to see if I understood the system.
Profit All Day System
- ciscosmithy replied Feb 7, 2011
If I understand this system, a potential entry as I type on the EUR on 15 min chart. Sell 1.3537 SL 1.3608 (71 pips) TP 1.3502 Trade yet to trigger but this is the setup as I see according to rules. Just triggered....
Profit All Day System
- ciscosmithy replied Feb 2, 2011
I'm trying a similar strategy, although i'm not a maths guru, but I like the fact if you can get the right probabilities and stats you can become profitable so will be interested in following your thread. A little about my strategy, that I'm only ...
Trading Discussion on Advanced Topics
- ciscosmithy replied Feb 1, 2011
One system I'm trialling for fun is totally random. I have four time frames on my spreadsheet, two for the Euro, two for the GBP, all around the london open. 7am - 10am. I open my spreadsheet, and have the =rand() calcualtion in four fields next to ...
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