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melpheos replied Jun 12, 2009All you have to do i accept the loss. At a moment or another there will be a breakout but it's true this can be frustrating. Also true that if you take multiple trade on correlated pair you can have some serious DD... When you see the same setup on ...
Yet another 50 SMA trading strategy
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melpheos replied Jun 11, 2009Much clear now. But normaly with stochastic it will never be an issue. In any case, when you start to have some experience, you dont need a lot of indicators (naked chart anyone ? ) All i have now is a SMA and the sexy stochastics (for divergence ...
bringin sexy back - stochastics
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melpheos replied Jun 10, 2009The best advice i give to anyone counting in pips is : count in %age of equity. For instance i have a trade right now up around 100 pips. One would say, whoa great trade. But if i have taken this trade with a 2% risk and 40 pips SL you can see that ...
bringin sexy back - stochastics
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melpheos replied Jun 10, 2009Note that many broker provide MT4 and MT3 so there is a very high chance that most broker will not migrate in a mandatory fashin to MT5. Dont worry, you will still be able to trade on MT4
NEW MT5 Seriously Stuffed For Traders Platform
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melpheos replied Jun 9, 2009??? And you call this repainting ? Of course the color changes when a new bar is drawing, this is the same thing for any indicator... You cant say an indicator repaints for the current bar, this is absurd !!! The color of the bar is linked to the ...
bringin sexy back - stochastics
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melpheos replied Jun 8, 2009It can work but it's allmost impossible to define a channel before it appears so you are allready too late. This might work at night on pair like EURCHF but FAP does this but if you can create an EA that does the same job for free, why not

How about this excellent ea?
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melpheos replied Jun 6, 2009I'd like to use the take partial profit but often i dont have the time to put the partial TP order (as with Oanda it's easy to set up because they do not allow hedging)
Yet another 50 SMA trading strategy
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melpheos replied Jun 6, 2009This is the hard part. On large move it is a good idea to switch to the next higher TF and trail on the SMA but this can be very frustrating because you will see your profit go away very often. The best way might be to trail on the fractal a few ...
Yet another 50 SMA trading strategy
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melpheos replied Jun 5, 2009I perfectly get your point
Thanks for pointing the multi purpose EA (i allready knew the Manage Take Profit) i'll have a look into it.do expert advisors really work
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melpheos replied Jun 5, 2009More than Doubled one of my account in two monthes but it was the smallest one
Yet another 50 SMA trading strategy
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melpheos replied Jun 4, 2009do you know such EA ? One that manage exit because this is what is killing me all the time (many trade close at BE because i can't manage them because of work). Beside using trailing EA (i know some of them), is there an good exit EA available ?
do expert advisors really work
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melpheos replied Jun 4, 2009If i'd knew i would allready be a millionaire
But you have a good point. The way i trade it is low win rate ratio but i catch allmost every big move so my risk/reward is very high but it is possible that taking only a trade after a breakout and a ...Yet another 50 SMA trading strategy
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melpheos replied Jun 1, 2009Not yet
But sometime you get mixed signals and this can lead you in doing stupid thing (like trading mixed signals)Yet another 50 SMA trading strategy
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melpheos replied Jun 1, 2009This strategy alone is enough and using only it will save time and you will not become crazy ^^
Yet another 50 SMA trading strategy
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melpheos replied May 30, 2009You mistaken my though. What i meant is any system is good. A simple MA cross is enough even with false signals and low win ratio. But one has to believe it's own system that's why the real system resides in your own mind. As a proof, the same ...
What is the best system to make ton of money
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melpheos replied May 29, 2009i'm also trading retracement continuation and divergence strategy but i dont scalp. So i have 4 strategies at hand. Retracement with fibonnaci and sexy stochastics Continuation with sexy stochastics Divergence with stochastics alone And fractal for ...
Yet another 50 SMA trading strategy
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melpheos replied May 29, 2009Very good week thanks to today in particular
Lost 6% on EURYEN but made largely the losses on USD pairs USDYEN, USDCAD, NZDUSD and EURUSD(one 1% trade on GY) For the stop, if it's too large, do not take the trade, this is the safest way or find ...Yet another 50 SMA trading strategy
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melpheos replied May 29, 2009They do not profit it from YOU specificaly. They profit from all the trader on average as 95% lose anyway. Also, they know where are the SL and TP of all the position so they have an hedge you dont have. If you are one of the 5% of the successfull ...
DD "taking opposite side of trade" explain why this is bad?
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melpheos replied May 29, 2009This is agressive but on big trend you can make a LOT of money adding to your position.
Journal on Moving Average System
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melpheos replied May 29, 2009Just seen that this morning... Finally !!! And it has allready saved me some money so them saying that they did not thought that it would not increase gain was BS... I dont need anything else now. For me it's just perfect.
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