I had a similar experience with the DD last night. It wasn't anywhere near 10% due to the lot sizes i am using but it was upto the same level as the profit made during the day. I left it over night and by this morning it was down to a more ...

Pit bull trading strategy by brijon

Good point, thanks for explaining

Pit bull trading strategy by brijon

Thanks for your clarification. I understand what you are saying, but lets say for example you decide that your drawdown is too high and so you stop adding trades, when you come back to your computer and if the open hedge is in profit you could in ...

Pit bull trading strategy by brijon

I am new to this sort of trading but my guess is that it would not work properly if it were a 100% hedge as there needs to be some movement to allow the initial trades to move the open basket of trades into a profit position. As daft mentioned his ...

Pit bull trading strategy by brijon

I started a demo this morning. I have been trading 0.01 lots on the main hedge and taking my "extra trades" at 0.04 lots. I can't trade full time due to my other work commitments but my account looks like this so far. Opening balance £2000 Currect ...

Pit bull trading strategy by brijon

I am not sure what the correct answer is to this but for what it is worth I would take the profit and start a new hedge

Pit bull trading strategy by brijon

Thank you Deankenny, very, very good explanation. I think i am starting to understand, finally! I followed another of Brian's threads a few months ago but I could 100'% grasp the drawdown management. This explanation should be in the 1st post of the ...

Pit bull trading strategy by brijon

Looking forward to Monday. Have a good weekend everyone.

Invictus

To be honest I was away from my computer for a while and i returned just as my signal candle was closing. I checked that all the rules were met and set a pending order which triggered. So not 100% as per the rules but this is demo and i'm just ...

Invictus

I missed that one I took this trade on AUDUSD, no arrow but all rules met and another + 10 Rmup was green at entry image

Invictus

Hi Geoff, It is FXpro - demo account. Everything else is OOTB Regards, Jon

Invictus

Thanks for this Mike, very useful as I can't watch the charts all day.

Invictus

Here is the chart showing my entry at the red line, hope this was according to the rules! image

Invictus

Hi Udine Just taken my 1st trade with your system on GU. + 10 pips within 3 minutes! Great thread, fantastic system! Thanks for sharing

Invictus

Hi Steve, Firstly, thanks for your work with all your EA's. The amount and the quality that you produce is amazing. I dont post that much but always follow your threads with great interest. I know your intention was not to develope an MA cross EA ...

Hanover: an auto-trader using Recent Strength

Morning all, The XAGUSD didn't cross so no trade, currently in NZDUSD long and currently +35 on both positions and short on GPBAUD +19 on both. I wasn't around at the close of the daily candle so I set pending orders 20 pips away from the price when ...

Easy no stress daily charts:)

Me too, but I had a spare minute in work and thought I would have a look to see if I could see any possible set ups for midnight, thanks

Easy no stress daily charts:)

On the radar.... XAGUSD NZDUSD GBPAUD

Easy no stress daily charts:)

I decided to move SL to BE + 5 on both positionson my USDJPY trade as they are now at + 60 pips, just incase there is any intevention.

Easy no stress daily charts:)

Dryclean, Would you mind posting the HAS indicator you are using? Thanks.

T101 Basket Trader with ONE of Nanningbob's Balls