Easy to trade when know trend in long term. For blue-chip companies, long-term trend is UP. Because pension funds buy blue-chip stocks no matter what price. Therefore there is always demand and pressure to go UP. Yes, shit can happen for example ...

Is it possible to reinvent the wheel?

This EA setup is my favorite. I like that a lot because it is real hedge strategy of 2 stocks from 1 sector. IMB as loser (SELL) and MSFT as winner (BUY). Now went out of 2 months drawdown and deals were opened 2 months. Finally, it closed with ...

Stable & safe TREND strategy - 30% to 40% yearly profits

Didn't went with DAX on live and just took a screenshot and don't remember settings. Now run DAX optimization again. See here are a lot of good setups: image Meanwhile, I did optimizations for GBPUSD with the same strategy and now running on a ...

Stable & safe TREND strategy - 30% to 40% yearly profits

Day 5: 0% Will keep opened deal for weekends. Pure gambling. But ok. It's all my responsibility. Tnx for the advice. Seems this thread might be closed quite soon. Will try a different approach for manual trading. I'm learning. Till now traded only ...

PeterCaleb strategy & wisdom & success

Day 4: -88% For me seems manual trading is mission impossible.

PeterCaleb strategy & wisdom & success

Day 3: +18% Today learned: Waves can be caught but experience needed. To get out of losing trade can be opened opposite trade. Then can be improved situation with leverage. Can survive to next wave when exit. Noticed in 1M strong move shortly before ...

PeterCaleb strategy & wisdom & success

I pay nothing for now. Peter (Tim? who cares...) explained the "strategy" in general. All for free. It's hard for me clearly understand jet all that concept. But only few days of learning. It is not "get and use" blueprint... you know... It's more ...

The brutal truth of day trading

You are wrong with Peter. He is a good trader. I'm in his private group and learning from him. He is helping a lot: image You can see in my thread attached Trade Explorer. See what was on GBPUSD today morning about 1 h before London. And how I ...

The brutal truth of day trading

Day 2: -20% What did I learn today? Well... all that stuff about waves might be shit... will think on another approach..

PeterCaleb strategy & wisdom & success

Ok, today was Day 1 with a target of 5%. The best was 4.3% (almost reached the target) but then dd. The end of Day 1 resulted in 1.5% growth. 24 deals. All with positive risk/reward ratios, all with SL/TP. But SL/TP only protective. Mostly closed ...

PeterCaleb strategy & wisdom & success

All going ok. According to optimizations/backtests. Started to work some accoutns where I set up varios EAs: 1) Probabilities fluctuations based EAs (20 EAs setups - catching extremes of fluctuations). image 2) "Do it again" EA with quite stupid ...

Stable & safe TREND strategy - 30% to 40% yearly profits

I provided real results in this post here and explained my strategy.

The brutal truth of day trading

Word "distance" triggers thinking process inside me.. For currencies: You see from 2 previous posts that 3rd wave could go quite further than the previous 2 waves and only then retrace. So here we can "outsmart enemy" (enemy in this case is wave ...

PeterCaleb strategy & wisdom & success

Here another wawes 3x down setup example: image As Peter promised - there are almost allways some nice setup on H1 every day on every instrument. All you need to see waves and entries/exits is turn chart on MT terminal as line and no stupid ...

PeterCaleb strategy & wisdom & success

Here it is - PeterCaleb 3 down-waves periods strategy (on H1 as PeterCaleb advice): image

PeterCaleb strategy & wisdom & success

Created special thread to reveal PeterCaleb wisdom. Let's get maximum out of all this we can! Let's start LEARNING.

The brutal truth of day trading

OK... What could be the opposite of this sentence? Losers and winners in trading are defined by who has worse strategy or entry or exit. Did I get it right? OK... If I trade GBPUSD... what I am dealing with? Read again... "real trader" .... "knows ...

PeterCaleb strategy & wisdom & success

Here I learn when the market is going down 3 times (candles I guess?) - go the opposite direction and do BUY. Peter trade reversals. Clear. Now here another hint... don't know jet what but it's not that trivial entry after 3 candles down. Need to ...

PeterCaleb strategy & wisdom & success

Ok, got it.

PeterCaleb strategy & wisdom & success