image

has anyone EVER seen a successful trader/trading system?

ok i will start a thread for it in platform tech, then edit this post with a link, gimme 1-2 days. i will post sources too, as i really can't provide any support due to time constraints. to the topic: i have always been an advocate of keeping just ...

Higher leverage can make trading LESS risky

i'm doing this on regular basis, using this tool: video i used to sell the tool on mql market years ago... if there's interest i can post it here for free

Higher leverage can make trading LESS risky

107.13 comes in first for a possible bounce (AND IT'S THE MOST PROBABLE ONE.... 107.13 and higher) 107.00 (ish) is the usual suspect 107.93 could also make the bounce... but limited... 107.66 is the ultimate level should we go higher down below... ...

USD/JPY Discussion

could be very well wrong, but the recent action was a very clear stophunt (above last nfp highs) planned stophunts can be clearly seen everytime in the past, these pumps have almost always the same structure: image rapid volatility decrease but ...

USD/JPY Discussion

image sorry for making changes to your image... i just see it going down to 84, 42 (the grey area of 2014 consolidation) should give way as it's (in my mind) already broken the key decision point is the perfect triangle just below imho ...

USD/JPY Discussion

I guess we're still in for a push above 108.50 overnight.... 59/85 is the zone.... perhaps a lil bit higher... BOJ might help to get there. but from there i'm very bearish for the rest of the year... think sub-100's just a question of time.... let's ...

USD/JPY Discussion

too high methinks if it goes to 106.25-35 it will go higher i am short, watching 105.50/65 for a bounce, might be shortlived, then 105.30ish, then around 105. Bounce or not will depend on momentary situation we can't esteem right now. Having said ...

USD/JPY Discussion

My bet is straight down (i.e. without making a HH, in this case 106.70)

USD/JPY Discussion

How does anyone see the USD/JPY moving? Right now it sits around 106.25. Will it go to lower 105s straight, or will it retrace to something like 107.20 first? Sorry for the newb question take it as a poll Thanks!!

USD/JPY Discussion

From my crystal ball: Me thinks USD/JPY has seen the top on Friday. There's really nothing to support its further rise, yep bond yields have risen and share indices recovered but there's nothing what could boost (at least the yields) ...

USD/JPY Discussion

could be the most stupid call of my life, but i went long @todays open. Targeting 1.3040, stop 1.2820

USD/CAD

only risk <2% (preferrably much less) of the account. NEVER allow a drawdown over (let's say) -30%.. preferrably -20% or less That's the mantra of all 'proper' traders. No one ever explained one thing to me: IF I'm supposed to never allow a DD of > ...

How Much Do You Risk Per Trade?

some countertrend setups from last week SORRYi've had the stop wrong+5 instead of -5but it survived (luck && momentum) image image more risky.. local M1 S/D play after TL break: image @Mario if it's disturbing ...

Bored Fibonacci trade RR: 1:1.2

yes, exactly.. it's worth some testing. What I think is a trader who's got a LOT of experience (screentime), guessing impulse legs mostly correctly, may take advantage from the retracement scheme as the entry is better, stop is "more far" in ...

Bored Fibonacci trade RR: 1:1.2

using retracement as in the chart you posted, you would have to use limit orders, instead of stop orders. this implies a major disadvantage: if a move goes totally against you, your order will always get filled... with expansion using stop orders, ...

Bored Fibonacci trade RR: 1:1.2

understood, thx for your reply

Bored Fibonacci trade RR: 1:1.2

use fibo expansion, not fibo retracement in the Level column, enter -0.05, 0.38, 0.83.. you may also add the 0 (see point 4) description can be anything the 0 is never used in orders, in MT4 it's the 3rd dot in expansion so I prefer to not draw the ...

Bored Fibonacci trade RR: 1:1.2

Hi, interesting approach well defined and indeed working, if you can spot an impulse move! Thanks for sharing Will make myself an EA helper for that - supplied with a starting bar (vertical line) it will draw the FE and place/move the orders. ...

Bored Fibonacci trade RR: 1:1.2

image

Cable Update (GBPUSD)