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alcastro replied Nov 22, 2006Steve, If my projectd profit is 40 pips, and my stop is at -20 pips my ratio is 2:1.
The Daily Fozzy Method
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alcastro replied Nov 22, 2006Hi Steve, can you give us some insights about your system?
Steviet's Live Trades!
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alcastro replied Nov 22, 2006Hi Coolshades, i don't know if my advice makes any sense cause I'm sort of a newbie, but i started to be succesful with this system as soon as I started to set my goals at S/R levels. I will enter a trade ONLY if the ratio loss
rofit was 1:2 or ...The Daily Fozzy Method
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alcastro replied Nov 22, 2006Hi Jason, Which setups do you use for your Donchian channels (how many periods)? Does they prove to be a reliable filter?
The Daily Fozzy Method
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alcastro replied Nov 18, 2006What concerns me about this thread is that I have not read a single post from anybody who has already gone thru this experience-making a million bucks. One of the things that attracted me to this forex business, and keeps me hooked, is the potential ...
So your brokarage account just hit 7 figures
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alcastro replied Nov 17, 2006Hi Leo, Your analysis is great and it has given me new ideas on how to look at a chart and plan my trades. One quick question: you said that you considered the reports at the Forex calendar to confirm your decision (based on the pin bar) if you were ...
james16 Chart Thread
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alcastro replied Nov 17, 2006Ok...I know the answer for the Vegas MA's — I already have the answer for the MA's. But I am still wondering about the stops.
The Daily Fozzy Method
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alcastro replied Nov 17, 2006The MA's for Vegas — Fozzy, Two questions for you: 1) Which are the parameters that you use for MA's for the Vegas tunnel? 2) Do you still set your stops at thehigh/low of the previous candle?
The Daily Fozzy Method
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alcastro replied Nov 15, 2006MA's? — Micarsdo, I also had a good day today. Traded the early red bar, inspired by your rules. Got 20 pips. Closed my trade, left for my "real" job. You have not yet let me know the parameters of your MA. Would you...or is it a secret? Thanks
Trading to Success - 1 System, 1 Timeframe, 1 Pair
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alcastro replied Nov 15, 2006What is an ATR? — Hi FOZZY people. Beach Bum suggested some posts ago setting the stops based on the ATR. What is an ATR? How do you determine it?
The Daily Fozzy Method
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alcastro replied Nov 14, 2006Where is the Moutaki manual? — I have been looking all over the thread for the Moutaki manual, but cannot find it. Where shall I look for it?
Mouteki Trading
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alcastro replied Nov 14, 2006Micardo, regarding your last chart — Hi Micardo, I am following your thread with big interest. Just a quick question regarding your last chart: Why didn't you open your position the first time the price broke the support line? The MA had been ...
Trading to Success - 1 System, 1 Timeframe, 1 Pair
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alcastro replied Nov 13, 2006Thanks MBQB, your chart is very helpful. By looking at it: an IB is always in the opposite direction of the preceding bar? and it signals a trend continuation when broken, in the direction of that preceding bar?
james16 Chart Thread
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alcastro replied Nov 13, 2006Inside bars — Hi, I have finally finished reading this thread, then re-reading, and reading it again!!! It is amazing the amount of knowledge found here!!! I have learned a lot, and continue to learn every time I read it. But something that ...
james16 Chart Thread
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alcastro replied Nov 9, 2006Yes it helps. Your explanation is very useful. You are watching the 15 min chart. Right?
Trading to Success - 1 System, 1 Timeframe, 1 Pair
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alcastro replied Nov 9, 2006Micardo, about your rules — Micardo, I am enjoying your journal, and learning from it. That is why I'd like to learn more about your entry rules. In your last entry you said you didn't enter in the 1st. breakout because your rules kept you ...
Trading to Success - 1 System, 1 Timeframe, 1 Pair
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alcastro replied Nov 9, 2006The FOZZY at the Euro/USD is still valid — From my point of view the fozzy trade at the Euro/usd continues to be valid. It has not hit stop and it is still below the month's high...or am i reading something wrong?
The Daily Fozzy Method
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alcastro replied Nov 8, 2006Your indicators — Hi Micardo, I would also appreciate if you can post additional information regarding your indicators. Your MA's are they simple or exponential? I see in the chart thatyou have three, how many periods does each one covers? How ...
Trading to Success - 1 System, 1 Timeframe, 1 Pair
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alcastro replied Nov 7, 2006Jason did you follow ur trades during the day? — Jason, thanks for your response. Did you follow ur trades during the day? I sticked to the rules. Only watched the action at the end of the day, so I could not adjust my stops all the time as ...
The Daily Fozzy Method