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The7 replied Feb 28, 2012Very interesting approach Mordre. I always liked the idea of stacking profitable trades. My question is regarding hedging. Since Us brokers do not allow it, I assume you only trade in the same direction as your initial entry because of this issue.
Weekly Millipede Idea
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The7 replied Feb 19, 2012Hi Spyder... When exactly are you exiting your trade? If there is a opposite FB signal when you following the trend,what decides you to stay in and not open a trade in the opposite direction??
Build an Equity Millipede with the filtered Flying Buddha
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The7 replied Feb 15, 2012Personally I believe that waiting for the 5/8 Ema crossover could result in a late entry. Now the problem with a late entry is not the missed pips, but the "big SL". Also it is very important to remember that the core of his system is not the FB ...
Build an Equity Millipede with the filtered Flying Buddha
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The7 replied Feb 5, 2012Entered short couple hours ago. Will keep the trade open until a new reversal candle or no newer lows.
True Trading Tactics
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The7 replied Feb 4, 2012I do have a question about the lot size. I understand that we use 0.01 lots on the basket indicator and enter with 0.04 lots in live trading. Now how did we come up with the X4 lot? Is it just arbitrary or is it a part of the system? I am really ...
Pitbull Trader with Position Building
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The7 replied Jan 23, 2012I have picked these pairs to trade today. If the weekly close was lower than the opening i chosed to "sell" if it was higher to "buy". Sell: Usd/Chf Usd/Cad Eur/Chf Gbp/Chf buy: Eur/Jpy Aud/Usd Nzd/usd Gbp/Usd Will see what the outcome will be.
Pitbull Trader with Position Building
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The7 replied Jan 19, 2012Interesting idea Serb. Since I am not able to hedge either, will try your method. One worry though. Let's assume we enter a trade (which was initallly in profit with 0.01 lot) with a 0.04 lot. now instead of going in our direction the market changes ...
Pitbull Trader with Position Building
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The7 replied Jan 18, 2012Ok I am getting confused with an already confusing system due to the different advice's from different users.
Pitbull Trader with Position Building
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The7 replied Dec 29, 2011When you count 10 pips to the next pivot level, are you using "midpivots" or actual pivot/S/R levels? Sorry if it has been answered already...
Invictus
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The7 replied Dec 17, 2011Here is an indicator that will show historical pivots. For those who like to visually backtest this system. Just change the "count periods" to whatever days back you wish.
Daily Pivot Point Trades
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The7 replied Dec 16, 2011How do we know which direction to trade? Is it the opposite of the H/L that has been hit first?
Engulfing system
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The7 replied Dec 14, 2011Ok here is my chart. The green arrow shows the first candle of the day (which is 1 hour in this case)..Just like in most cases price does not trigger the limit order.What am I doing wrong?
Daily Pivot Point Trades
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The7 replied Dec 14, 2011Hello Bonga..! Thanks for this easy system. It seems to me that the limit orders are rarely triggered. Why not just open the trade with the opening of the new daily candle? What is your input on this?
Daily Pivot Point Trades
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The7 replied Oct 9, 2011I repeat...The tdi cross does NOT repaint. If you see a cross on the candle close and it disappears on the next candle close, you not using the correct Tdi. Besided you can use this indicator to see open and close values for backtesting the Heiken ...
Trading Made Simple
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The7 replied Oct 8, 2011If you wait for the candle close and if there is a TDI cross, it will NOT repaint itself, meaning the cross will remain. The Tdi is not a static indicator unlike the stochastics. Therefore, backtesting should give you pretty accurate results.
Trading Made Simple
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How to remove y-axis values from the Chart
Started Sep 25, 2011|Platform Tech|1 reply
I am using a Round Number indicator that draws horizontal lines. So I do not need the default ...
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The7 replied Sep 17, 2011Great effort Selecta. We appreciate the archive you put together.
james16 Chart Thread
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The7 replied Sep 15, 2011How do seniors in this thread manage their exits? I understand SL's are placed above-below the signal bars. What about TP's? I am sure it has been discussed over and over but kinda getting lost through the pages. Much appreciated.
james16 Chart Thread