some winning systems are "my baby" and along the same lines "no brainer trades".......

Its there anyone here in FF has a trading strategy that works

good morning from NZ, I`m a manual type of guy and I wonder if somebody with backtesting skills with good data could tell me which pair gives the best return in the last 10-12 years.....from what I`ve seen here so far, it seems to be GBP/JPY with ...

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

hi Mr Smilee.....hey I think you`re confused.....I did not ask about the number of trades in CJ or CHJ......you wrote before that you did not have more than 4 trades in any pair......so you cant have been trading CHJ, thats all I said.....

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

Glad to see you`re still alive Mr Smilee.....I thought you had left the building...... I grant you this: your system has an amazing win rate......up to 80-85%.....but always open to new ideas or reminded of old ideas.......so ...

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

a good one for entry timing is "Follow the candles" and other basket trading systems.........your skills might be better utilised there.....

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

should it be 6 trades??? I bet you that 1 more trade is due to automatic trading......no wonder I keep trading manually

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

are you not confused with another strategy?.....for example with GBP/NZD we`re looking for 50 pips within 24 hours.....we dont care if those 50 pips come about in the Asian, London or US session.....the earlier the entry, after the spread is back to ...

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

hi all, most of you people open the basket at 5pm New York time or a few hours later, so it will just be wandering around in the Asian session.....do you think it would be wiser to open it near London open, where the trends most likely will ...

Follow the Candles

why dont you back up your statement with your backtest, otherwise its just words.....say GBP/JPY...body up more than 110 pips yesterday, we go short at open today for 25 pip profit.....winning percentage 84% from 2008 till now.....return around 20% ...

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

agree with you tommy.....the most likely candidate for a single pair for an account seems to be GBP/JPY......around 80 trades per year with a return of 20% per year.....

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

unfortunately the odds with this strategy are lousy....you are risking 1,250 pips (= 25% of the account) for a 50 pip profit.....not good, unless better profit taking and a well thought out SL are implemented.....

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

hello Oddbjorg......its been awhile.......good to see you`re still there chipping away at it..... now what the wicks are concerned: in my opinion it is important depending on where the wick is.....in your example of USD/CHF we look at the last ...

Monthly Profit - Daily Trading using SMA

the TP is from entry......so in my example above, if you enter a sell order @ 1.4485, you could have a TP @ 1.4465-1.4450.... a bit of caution here: say the pair you`re selling has a daily ATR of 85........price rises from 1.4500 to 1.4550 and then ...

Strategy: Daily Range Spike and Pull Back

flashpaul in post 41 explains it very well.......I`ll give an example.... the price is up, the body of the candle is more than 80 pips and the closing price is 1.4500.......now we`re going to sell today if possible.... at the start of the day, price ...

Strategy: Daily Range Spike and Pull Back

YES!!!

Strategy: Daily Range Spike and Pull Back

agree with you flashpaul......Drawdown: the big elephant in the room....If you trade 1 pair, you might hit the 25% drawdown once every 10 years..........certainly not trading the 28 pairs........every effort should be on minimizing drawdown OR stop ...

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

I asked mr. smilee in post 543 about weekly and monthly TF, but according to him there is no value there..... a pity though, because if price runs in the wrong direction, your number of trades would be lot less and probably so would be your ...

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

E/N anybody?

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

hey mr. smilee, did you ever do a backtest on weekly and monthly TF?

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

hi mr. smilee, I think you got the wrong trades - I was talking about the 2 trades on April 27 and May 1st....... thank you for your explanation.....for me I prefer to know how far the pair can rise or fall and plan my scaling in accordingly not ...

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)