1 buy @ open 30/4, 1 buy @ open 1/5, sell those contracts 1/5 however for me its not important if they were closed out or not...... I just wonder if you would survive this downtrend if these trades were not closed out???.....

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

I disagree.....2 buys, 2 sells = 4x5 pips = 20 pips lost in spread and you wont close out at breakeven.....

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

shadmar/bulldog: your ea did not account for the spread.....the trade from 27.4.2018 would not be closed out on 1.5.2018 and we would be entering many more trades after 27/4..... like shadmar says: the high spread makes the outcome differ and it ...

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

I believe this modified strategy is very dangerous....this pair has been trading at around 251.00 before and if it is trending that way again, your account will be littered with trades where price did not come back for the trade to be closed.....1 ...

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

you`re right.....it does read like that, so it could have been worded better......but that is not the way mr. smilee trades.... have a look at post 2 where he explains what happens if the trade turns into the wrong direction.... he sells 5 times - ...

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

in a downtrend, another order is only submitted if the last close is lower than the close of the day before........ if today`s close is not lower than yesterday`s close: no new order....

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

hi Merka, you`re talking about 2 different topics here: body size - rescue plan...... body size is important if you want TP`s to be hit within 24 hours of entry as much as possible so you dont need the rescue plan often at all.......... as for the ...

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

smilee recommends a 150 pip body for GBP/NZD, but from my backtest you can see 100-140 daily bodies are even better plus a lot more trades......who knows what a body under 100 pips might do?? you always need to do manual backtesting to get down to ...

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

hi folks, not sure if it helps anybody..... thought to do a manual test for G/N from 1/1/20 till present on the daily chart..... the average daily range for the last 250 days is 197 pips..... body 100-120 pips; 13 days; average 112 pips max body ...

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

hi smilee, in post 1: if price goes from last entry against the direction of the trade, open at the open of every new day an additional market order. what we`re doing here is NOT to make a profit with the additional trades, but to get out of a ...

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

the Nasdaq must be one of the most trending markets......already at it for more than 11 years from 1,100 I think in 2009 to 11,000 now...........see for yourself

Which trading instruments trend the most?

that`s why we have demo accounts to learn this system, grow more confident and once we do well with our trades, only then can we start to trade for real with a small lot size.........patience is not exactly there in most of us.....nobody gets to be ...

Magic 100

I just had a look at the chart........you still have a chance for glory and who would be laughing then??

Magic 100

the pair looks to being in a range for the last 24hrs., but who knows.........good luck best are V-formation structures

Magic 100

wow is that not awesome???......we`re talking here about a trending grid.....you just did a backtest REGARDLESS OF TREND on audnzd and still came out positive........ the lot size is dependent on the DD in your test and how much pain you can ...

Grid trading system, keeping DD to a minimum

yeah, you`re right......really need a good proof reader

Grid trading system, keeping DD to a minimum

hi danjuma, look at AUD/USD in March - lowest price since 2002! Brent oil @ $16, copper very low etc.......those situations dont happen every day and you better take advantage of them when they come around........they have so much upside......those ...

Grid trading system, keeping DD to a minimum

alright, here we go....so we`re looking for an instrument which trends strongly....could be one which just reached a new high/low over the last few years and now trends strongly in the opposite direction like in a V-formation......all visible on the ...

Grid trading system, keeping DD to a minimum

hi danjuma, let me first say that hedging is not part of the grid; sorry to disappoint you!..... we use stop losses. the drawdown only happens when the first trade or second trade are stopped out.... if you risk 1% of your capital on a trade, you ...

Grid trading system, keeping DD to a minimum

I see in this post "Trailing Buy Stop.ex4" I assume that as long as price goes down, the entry price of the buy stop order will go down as well. when price stops and goes up by say 50 pips, the buy stop order will be executed. I`ve never placed ...

Trailing pending orders ea?