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Is this a good system long term?
Started Jul 9, 2015|Trading Discussion|10 replies
I've been back testing my long-only system for the past 45 trades (stocks, not fx), and I've ...
Not sure if I want to take a position before CAD news comes out.
Some trades from july image image image image
fib retracement / trend line resistance anyone? image
long usd/jpy risk 84 pips reward 164 image
1hr support levels. Kinda wide...around 65 to 70 pips. image
if it were so predictable, more people would be successful traders.
Eur/usd analysis. Price looks bullish on the 1hr, but not so great on the daily. I would look for a long off the 1hr but I think it's going lower. image image
I swear, trading price action only is the hardest damn thing I ever tried to learn. The books make it look easy, with their hindsight charts!!.."HEY just buy here and sell here!" they say, as price bounces perfectly and predictably off the trend ...
Well i just made the easiest 55 pips. I was long before the news release, had no idea news was coming out, and all the sudden price explodes. ![]()
The trades are across many different stocks. But yes, it is a trend following system.
Buffet always says "invest in companies you understand". I think that goes for trading too. There are thousands of system threads on here, most of which I don't understand. For example, I find trading naked price action harder than trading with a ...
I've been back testing my long-only system for the past 45 trades (stocks, not fx), and I've ...