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tdion replied Aug 17, 2008I'm sorry I can't be more specific.... I have given the general idea for my own strategy, which sounds similar to what you are exploring. I think my one piece of advice is not to try to predict the daily candle every single day, but only on days ...
How do I avoid those rangy thing...
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tdion replied Aug 17, 2008Good point, Warper.... I guess we really don't know exactly what they would do, but you are valid.
Silly Trader... When will you learn that fundamentals are the only way to trade?
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tdion replied Aug 17, 2008Why do you feel that way? You knew this could happen before your very first trade....
Minus 57% Help please
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tdion replied Aug 17, 2008What you describe is exactly what I do myself.... I take a gamble on what the daily candle will do before it completes.... based on H1 price action BUT I have as many failures as I do successes..... My point was that I have no filter.... which is ...
How do I avoid those rangy thing...
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tdion replied Aug 17, 2008Never trust what you read there. ut, you've been around long enough to know better.
Ikon Royal spreads
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tdion replied Aug 17, 2008Because I am not looking for adoration.
150-200 pip/month without technical indicators.
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tdion replied Aug 17, 2008the trailing stop is 275..... it follows the price down (pip for pip).... the TP is 850.....
Monthy EURUSD Strategy (since 1989)
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tdion replied Aug 17, 2008i added a trailing stop to this method.... actually the only trailing stop i've put onto anything i've created.... just caught that huge 1000+ pip move this month.... WHOOWHO! (homer simpson voice)
Monthy EURUSD Strategy (since 1989)
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tdion replied Aug 16, 2008few more nuggets here.... 1) drawdowns are to be expected.... nasty, ugly ones too.... a part of life as much as babys have soft skin and water being wet..... accept, plan accordingly, and live with them. 2) the most important question to constantly ...
The Root of Forex Swing Trading
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tdion replied Aug 16, 20081000 pip gain on this trade call (Post #1) over the past 4 months.... w/ negligable swap....
Silly Trader... When will you learn that fundamentals are the only way to trade?
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tdion replied Aug 16, 2008whatever floats your boat dude can you see 10 hours into the future? how about 10 minutes? there is no macd cross that will overcome the randomness of short term chaos. it's better that you don't set your hopes too high...
How do I avoid those rangy thing...
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tdion replied Aug 16, 2008Thanks for the links (btw you must have a login to view the threads you posted) ... no need to divert this thread to a discussion about Daily 20.... I've looked at this strategy several times over the past 2 years.... perhaps it is better than my ...
150-200 pip/month without technical indicators.
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tdion replied Aug 16, 2008tesla has a plugin to do it, but i've never seen a commercial product available. (tesla is a member)
MT4 Feed
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tdion replied Aug 16, 2008sigh ... there is no substitute for hard work. stop littering the forums with these idiotic threads.... honestly, how many "HEEEELP!!!!" threads do you see around here? hint) none.
HELP!!!!!!!!!!!!!!
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tdion replied Aug 16, 2008If you have a link, I'd like to see it.... PS) You have strong optimism in your post.... however, I have turned from optimist to pessimist (or better yet, realist) because the market will take money from you as quickly as it will give it.... so if ...
150-200 pip/month without technical indicators.
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tdion replied Aug 16, 2008Hi my only advice is this... trading with the trend seems to work more consistently than trading against it.... so my "filter" is an RSI 96 on the hourly.... above 50 long, below 50 short... that is the general idea.... it really depends on my ...
Breakout Confirmation? ideas
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tdion replied Aug 16, 2008your history center doesn't have H1 any earlier than april... you'll have to fill it in.... google how to do it.
How to backtest MT4 more than a few months?
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tdion replied Aug 16, 2008you trading traditional james16 (pin bars, etc) w/ daily charts? what pairs?
2nd try
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tdion replied Aug 16, 2008Hi paradoxical. I think this is where you and I differ.... forex isn't "fun" to me. If you are approaching this as a business, where it is your sole source of income, it is stressful.... in fact, the only way I can see it being fun is if you look at ...
150-200 pip/month without technical indicators.
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tdion replied Aug 16, 2008That's right rabid.... your assessment is correct, and I only take longs when the RSI 96 is below 50 and shorts when 96 is above 50 (on the hourly) ... the results speak for themselves. As for the exits.... I optimized those after I found the ...
MA Cross Optimization EA (very cool)