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forexbali replied Mar 3, 2023Yes I'm agree with you. Then I think than when you are above a 1:3 ratio, and you have let's say a 1:4 or 1:5 ratio, if you close at 1:3 or 1:4 a trade it's even better to think to move to breakeven. I mean, a good trader should be always profitable ...
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forexbali replied Mar 3, 2023yes correct. However since weeks I do not trade anymore news, I try to trade London session till half New York, and I avoid the news, I wait that the market stabilize. Sometime I believe I'm alone as scalper, are there scalper on the market? ...
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forexbali replied Mar 3, 2023Which risk reward ratio would you use on USDJPY on this short you that follow this fx trends tools? 1:3 1:4 1:5 in the chart is 1:5 or more?
AUDUSD/USDCAD pair trading: Is it possible? or martingale?
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forexbali replied Mar 2, 2023url I trade 15 minutes charts, and I use 1 minute chart to feel the market. Usually the stop loss is max 5 pips for majors, while for GBPUSD 6 I use RONZ SLTP EA to manage stop loss that is always in place, somebody in this thread suggested it to ...
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forexbali replied Mar 2, 2023I have a question that may be make it sense to ask here because lots of prop trader with good risk management. I loved to trade news but, when I was making some mistake I was destroying past positive results (demo) After some week now I'm in a ...
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forexbali replied Mar 2, 2023I'm agree about the prop firm US/EU based... it's just question of time, too much regulation and restrictions, sometimes it is good sometimes it's just a ban to smart businesses. I was one of the first users of google services in 1998, after 20 ...
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forexbali replied Mar 2, 2023thanks for posting the charts! this indicator fxpower seem really helpful, since I'm focus on forex and I made huge progress in the past 2 weeks, I really don't need any indicator, I just focus on chart, and I use a bollinger band just as idea of ...
AUDUSD/USDCAD pair trading: Is it possible? or martingale?
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forexbali replied Mar 2, 2023url I found them in MotiveWave page, who are them? anyone knows them?
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forexbali replied Mar 1, 2023I ask here because full of people managing 5% max daily drawdown there is an Expert Advisor on the MQl5 for MT5 that I can use to set up my max daily risk in my personal account to 1% or 5% and if reached will close all my position? thank you
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forexbali replied Mar 1, 2023E8Funding 5$ commission is round turn, so like 2.5$ per lot, not so bad, their spread are lower than FTMO for forex, so at the end you should have better price. about TFF yes scaring, but lots of cheater for sure around and we can't know the true ...
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forexbali replied Mar 1, 2023url I did this with capitalise.ai I have a very simple formula or idea that works to detect the change of trend of some correlated pairs problemes is that capitalise.ai works in his way or I don't know how every time to expect that formula will ...
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forexbali replied Mar 1, 2023thank you, in which forum/thread they post? found the second, yazzie seem doesn't post since 2017
AUDUSD/USDCAD pair trading: Is it possible? or martingale?
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forexbali replied Feb 28, 2023In Mataf website I found this, any good website to check statistics for who doesn't have windows or amibroker?
AUDUSD/USDCAD pair trading: Is it possible? or martingale?
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forexbali replied Feb 28, 2023And, do you have a method to trade this correlation stats?
AUDUSD/USDCAD pair trading: Is it possible? or martingale?
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forexbali replied Feb 28, 2023If in you 100 days chart the correlation is arrive to -54% how it is possible that here for example url . show still in the last month, week etc a correlation around -83%? I was checking for days and never seen some strong change in this correlation ...
AUDUSD/USDCAD pair trading: Is it possible? or martingale?
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forexbali replied Feb 28, 2023what are for you hard core stats? and instead of Z-score what to use? what I have heard is that yes they monitor STD 2, 3, 4 and they average there... at the end is like a bollinger band, if you average but you are against the trend end badly. That ...
AUDUSD/USDCAD pair trading: Is it possible? or martingale?
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forexbali replied Feb 28, 2023More than the day, that I'm a scalper so I'm able, theorically, to filter the trends, I need something to keep me in mind in the past week let's say of the strenght of each currency, just if I have some doubts for entries on 15M, 1H, 4H charts for ...
AUDUSD/USDCAD pair trading: Is it possible? or martingale?
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forexbali replied Feb 27, 2023Hello Erebus, can you suggest me some tool for MT5 or MT4 to check the strength of each currency like the one you use but free? I tried yesterday url MQLTA doesn't work well at all, anything free that helps?
AUDUSD/USDCAD pair trading: Is it possible? or martingale?