RESPECTFUL THANKS TO YELENA for sharing! THIS IS what ForexFactory is about. Also fully agree with her observations: "There are only 2 reasons for posting the way Pasan/Nasap does: 1. audience 2. captive market when its time to go commercial"

As simple as possible: 00 level trading

It is one thing to show the potentials of the strategy. GOT IT! Thank you Nasap! BUT: Why to rub this achievement under the nose of everyone else every single day...? I have to assume that Nasap gets some twisted self-gratification from it... I ...

As simple as possible: 00 level trading

It is very strange that nobody has commented on this promising indicator yet. Maybe nobody wants to be the first to risk $99...

Forex Candle Predictor - World's Best Prediction Indicator

One more "brainstorming" idea about TP: ORIGINAL: First Batch: 10 or 30 pips. Hedgex2: 100 pips Hedgex4: 250 pips Hedgex8: 1000 pips Hedgex16: ? pips ALTERNATIVE I: First Batch: 10, 30 or 60 pips (as per Modified Strategy) Hedgex2: 30 vs. 60 pips ...

MGH System (Martingale Grid & Hedging)

I think this strategy can be a significant challenge for most programmers, which is why only manual backtesting has been done so far. I think we can agree that it is a promising strategy, as most Martingales are, except when the "Death Trades" ...

MGH System (Martingale Grid & Hedging)

On August 7th, the ORIGINAL (KFx's) version has performed much better on GBP/NZD. The good news is that both versions closed the day with NET EQUITY GAIN. Running the two strategies simultaneously (without intentional attention to entry direction) ...

MGH System (Martingale Grid & Hedging)

Yes, I agree. Diversification might be a better idea, as running these strategies at opposite directions can be pretty complicated even for an EA (once we get there). Employing an EA will be unavoidable as this "24/5" strategy cannot be traded ...

MGH System (Martingale Grid & Hedging)

Actually future CAN BE predicted with NewsTrading. When a good US new comes out EURUSD will drop. It easy. So one (with a good software) just needs to be 1/100th faster than the retail crowd and make practically risk free profits.

DON'T trade Udine's 00 level Strategy

Yes, that's the idea, i.e. starting one "First Batch" in "counter microtrend" direction (as mentioned in KFx's original strategy in Post1) and another one in "microtrend" direction (as mentioned in the Modified Version). Nevertheless, it is just a ...

MGH System (Martingale Grid & Hedging)

@xlcharly You are right, a decent "starter signal" would be handy. On the other, it may not be necessary as the strategy might work equally well in both directions on the long run. Especially considering the fact that after closing a batch the ...

MGH System (Martingale Grid & Hedging)

@wilsonch You are right; excellent observation. I was following the Page1 "3. To avoid a possible range, we will wait for the price moves one more level" rule ALL THE TIME, but apparently KFx has started to employ it only from Hx4. It was an ...

MGH System (Martingale Grid & Hedging)

Thanks, Spyderman! Great job. You have saved my Sunday! (I just wonder how could you go through 7 months' worth of data so fast...) As Wilsonch has put it right, even if the modified strategy results in smaller pip gains, the associated ...

MGH System (Martingale Grid & Hedging)

Very nice, insightful and structured comment. With your approach you should be successful in any profession as you have the right attitude, and the necessary skils can be learnt. But probably you like working naked, which is why you may have chosen ...

DON'T trade Udine's 00 level Strategy

Short term results depend a lot on where we start the series. As an experiment I started with August 4th (Monday) with the "modified" settings. Results were rolled over from one day to another, and on the below chart of August 8th the week's summary ...

MGH System (Martingale Grid & Hedging)

Then I would include it in the statistics...

The Coin-Flip Theory

I was curious to see how the "modified version" would have behaved on June 20th, 2013, as this and the following days were used as an example of "Hedgex32", i.e. it was a challening period for the strategy. Well, if we would have been satisfied with ...

MGH System (Martingale Grid & Hedging)

@ksofty Something has been left out. High-tech news trading strategy. A software just needs to react 1/100th second sooner to the news release than the "retail" crowd and there goes the winner. There are teams who are doing it successfully and they ...

DON'T trade Udine's 00 level Strategy

"yeah it's a pretty shitty strategy and his rules WILL result in losing. I guess he really has no rules then, which makes the whole point of his system and his persona irrelevant" Well said, Justin!

DON'T trade Udine's 00 level Strategy

August 6th, 2014: MODIFIED First Batch entry (in "trend direction") AND not moving TP levels: image ORIGINAL First Batch entry (in original "countertrend direction") AND moving TP to Level1 after Level2 entry: image

MGH System (Martingale Grid & Hedging)

And I have some more "vitriol" in my cupboard. I keep it for similar fake mentors like Udine.

DON'T trade Udine's 00 level Strategy