jaws, I do realise that May/June was not one of the better periods for your system, but you did say somewhere that the right choice of the direction probably did not matter. this here shows that the right direction sometimes does matter! I`m into ...

Set it and Forget it, Dollar Cost Averaging

I looked back on the E/U chart and I think in the period 2 May - 1 June 2012 you would have had 23 positions and average price of around 1.2785. lowest price on 2 June 1.2287 - 500 pips from the average price. margin call???

Set it and Forget it, Dollar Cost Averaging

the only risk I see with this strategy if there is a continuous slow trend for 20 days without a meaningful reversal and price is more than 150 pips from the average price. dont know if that ever happened. I dont know much about margin. jaws uses ...

Set it and Forget it, Dollar Cost Averaging

If you have say 6 positions in one account and open straight away 6 positions in the other account and price reverses continuously from there, wouldn`t you risk running out of margin sooner?

Set it and Forget it, Dollar Cost Averaging

just look in the attachments of this thread the paperclip above in the right hand corner

1minute 1 trade

Don is talking about a short-lived bull market with a big crisis later on. I do think that once the EC appears to have a handle on the situation and paper over the cracks, the market will fly. How long that will last is anybody`s guess. I will have ...

Ultimate BULL market dead ahead

hi Judy, you sure keep working on your ideas........wow, started in 2010 and now still going strong. I could look at A/J for the interest, but the pair has already risen quite a bit from the low. It`s anybody`s guess which currency paired with the ...

Ideas for carry trade

dont think I missed any point as I only wanted to point out your error for the sake of other readers.

Pure Risk to reward trade System - 1 to 3- Totally random entries

no, you are at BE if you hit that 3 one quarter of the time - 25% wins/75% losses. 3L + 1W = BE

Pure Risk to reward trade System - 1 to 3- Totally random entries

mathematics cant be your strong point

Pure Risk to reward trade System - 1 to 3- Totally random entries

Paulus` charts are from TradingPoint, which is a GMT broker, so his 2 hour period is from 9.00-11.00 London time. he starts looking for a trade after 11.00am London time

1minute 1 trade

sorry guys........I see that Paulus always uses the close of the 8.00 and 10.00 GMT candles, so bias is up!

1minute 1 trade

Paulus has an up bias for the 26th of June. however if you draw the line from the open of his chart at 8.00 GMT his line should start higher (not at the bottom of the candle) continue to the end of 9.59 GMT should be lower at the close of that ...

1minute 1 trade

courtney, I hedge like superbandam3 when a trade is 2-2 1/2 x daily ATR under water, but if that hedge trade would be against the long term trend, I might just freeze the loss or do nothing. I have a feeling that you wont let your trades go into dd ...

Pitbull Trader with Position Building

By that time you would have frozen your bad trades. And if it goes WAAAAAY out of there, just place a second trade the other way, larger than your original trade. That second trade will show up anyway at the bottom of your basket and just take that ...

Pitbull Trader with Position Building

fantastic, I dont have a currency meter, but somebody else might be able to help?

Pitbull Trader with Position Building

obviously you did read the whole thread, so sorry about my earlier remark. in my opinion your quote is not correct. if dd approaches 15% you do NOT close out all trades. you would take no more trades and let the market do its cycle and just manage ...

Pitbull Trader with Position Building

courtney opens his @ 7.00 am London time, so not on Sunday night. chips does open his @ open and I dont think he worries too much about the spread, because the positions are small. it might be smart to read the thread before asking questions

Pitbull Trader with Position Building

ever tried the Dow, S&P500, Nasdaq indices?

System to hedge every major dollar pair for profit / low DD

yes, that was my conern as well. if you trade full lots, go for forex futures. for your cash, even clients money seperated from the brokers money is not safe. go for brokers where you have your own bank account in your name. there wont be many ...

How Safe is Your Money?