No stop loss is fine, provided you can survive a 1500 pip black swan..

Trading multipair triangles, no stoploss

Too much trouble just to double up... There´s people in Forex (not me) that make 40,50 % some days...yes believe it or not...1 pair, 5 minutes chart, know-how.. Take a 1M chart, look for a trading opportunity,enter with a 5 pip stop, move to BE ...

A 1,000 RRR system!?

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Elliot Wave Analysis

Talking about equipment: This monitor would be my choice, you can connect it to a 4 K laptop, or a desktop PC with a 4 K graphic card. It gives you the space of 3 big monitors, add the laptop screen for excell and notes and youré surfing. ...

Elliot Wave Analysis

Check this trade I took late in the Evening before the closing. EURUSD 5M Note the divergence and stop run at the end of w4. But most important, look at the massive stop run attack later on, those 2 bars up and down I marked. That is what makes ...

Elliot Wave Analysis

I´m starting to think the best way to make $ with forex is the 5M ,maybe 15 M charts. (Of course Day charts if you are young enough to wait for weeks and months.) Advantages of 5 M: -You get to practice a lot, hundreds of opportunities per month ...

Elliot Wave Analysis

I do Sixer but then tweak it to fit on the waves properly. That´s exactly how I got the eow targets in price and time.

Elliot Wave Analysis

Check this EURCAD 5 minutes yesterday evening. -"Perfect EW setup" for an end of w4, everybody is looking at the same setup. -Market maker head fakes everybody, after the apparent textbook abc correction. -Then drops down to take ...

Elliot Wave Analysis

Yes, it look beautiful in hindsight..

Elliot Wave Analysis

A friend of mine has the Aget software (3000 US, plus data subscription to E-Signal, plus, plus...). Calculates the waves automatically, on a flash, looks awsome. He backtested the system on the famous end of wave 4 correction. Results: BE at best, ...

Elliot Wave Analysis

Sorry no time, like I said, good quality equipment does the trick...all the best

Elliot Wave Analysis

Check the 240 NZDUSD, I marked the Time bands, below in the chart, and on top the red rectangle, a week ago. Market ended w4 right on that time span, and price target....over and over again...these targets get hit in price and time, nothing is ...

Elliot Wave Analysis

Hi Mavi you should be the one! Study hard (10000 hours, not kidding), every chart,make notes, use good software.Beat the pros!

Elliot Wave Analysis

People are fed up of stop hunting...which is understandable...I use stops, but burn my brain on every trade to avoid dangerous areas...and I´m profitable...also tired with small positions and very very wide stops, had almost 100% winners, very small ...

No Stop Loss Trading

Banks own the shop, and black swans are not limited to swiss pairs. Warren Buffet uses no stops either ...so if your experience and know how makes you money, cool...stick to your plan... ..all the best...

No Stop Loss Trading

Not using stops is fine, PROVIDED you don´t get caught in a black swan. Remember EURCHF 1500 pip drop in minutes, a couple of years ago? Granted, fixed stops were mostly not honoured by brokers anyway. Excuse: ...."no one to take the ...

No Stop Loss Trading