I feel we have to devise an exit strategy that will maximise profits and minimise losses over the long term. For that different exit strategies need to be tested over at least the last couple of years to see which one will come out on top. according ...

4H Box Breakout

kulu, see post 460. at the moment there is no real exit strategy, so we all have to look for the best one

4H Box Breakout

fear and exiting trades too early might be mitigated by changing the SL whenever the trade goes in your favour and a new TP level has been reached. G/J hit TP3 and I moved my SL up to TP1 and that will still give it a 246 pips space to mature. at ...

4H Box Breakout

siuol, I agree with a lot you`re saying in that we shouldn`t fiddle around too much with the trade. however I dont think its wise to not look at your trade for a week and be at the mercy of the market in the meantime. I`m planning to look at my ...

4H Box Breakout

got in with G/J and G/U when do you move your SL to BE Ace? I thought at TP 1 1/2............. thank you

4H Box Breakout

you must be very confident in your strategy; the SL on both sides hit means 8% of your equity gone in 1 week. how often in your experience since December where GBP/JPY was stopped out, but not the other 1 or 2 pairs? in my view if that never ...

4H Box Breakout

I would imagine that these pairs are all going the same way more or less. If the total risk somebody is prepared to take is 3% then the risk on each pair would have to be 1%. Ace from your experience, would it be better financially to concentrate on ...

4H Box Breakout

thank you for your explanation mikkom

Systematic trading

the high AND low of EUR/USD in the graph in post 69 are above 130 and 140, but in post 74 the high OR low of EUR/USD is under 120. that`s why I start to wonder if even the distribution is correct.

Systematic trading

mikkom, dont know if I see it right, but to me it seems that the high or low of EUR/USD in post 74 doesn`t match the EUR/USD graph in post 69. could you comment on this? thanks

Systematic trading

hi all, post 74 depicts a graph of the 4 majors Monday to Friday. does this graph tells us the high or the low reached on one of those days? thanks

Systematic trading

agree with wallboroff and fxsurfer..... but I reckon the vast majority here never put in the hard yards to make a system/method their own, but might still make comments here that are useless. you just want to know which systems/methods are working ...

Successful Forex Factory Systems

hans, with performance you at least know that the method/system is basicly profitable and then its up to the trader to make it work for him/her. I just didn`t want a lot of people coming here making comments about something that appeals to them, but ...

Successful Forex Factory Systems

daytrading/supreme, have you people been trading these systems for a while and could you give some numbers? if not, I would like to see only proven systems here with backup figures as OP clearly stated in his first post.

Successful Forex Factory Systems

thanks simply, I`ll check it out

The DIBS Method... No Free Lunch continues

[quote=Razor_trader;2695952]If you think Peter takes every Inside Bar he sees on the hourly then my friend you would be sorely mistaken. When learning a system it would be fair to take all trades to work out what may work best. There are times when ...

The DIBS Method... No Free Lunch continues

ok folks, I dont care about TF or discretionary stuff. We`re talking about Peter`s 1H dibs strategy arent we? Peter is a quant trader and that means he knows that he`ll be alright over the years according to the statistics. But it also means that ...

The DIBS Method... No Free Lunch continues

sorry foredog, but from your comments I get the impression you havent really looked into this strategy seriously. yes, some people say that not all IB`s are the same, but Peter never mentioned that. he did say that some breakouts have 2-5 times the ...

The DIBS Method... No Free Lunch continues

a note of WARNING: in this strategy you are to hold your trades for BE or SL, unless taken out in a strongly trending market by a 20-day SMA. after backtesting I found that in a ranging market you will get stopped out on your hourly IB`s all the ...

The DIBS Method... No Free Lunch continues

I would say: go with the overall trend

The DIBS Method... No Free Lunch continues