I blew up the account doing it that way. Notice towards the end I didn't place orders on a daily basis, I skipped a few days just because I had a huge number of orders already.

Super Carry Trade Trading System

This part of the rules I am not sure if I understand. Say it drops 200 pips and then it rangebound at -200, do you still place an order once per day even if it does not continue to drop, so you could essentially have several entires around the same ...

Super Carry Trade Trading System

Yes, swap was taken into account. As far as the settings go I have been experimenting with different ways. These last tests were without the grid of buy stops, it was strictly the "averaging down" part of the strategy. If the price dropped ...

Super Carry Trade Trading System

I have been backtesting this method on VHands over and over through the big carry trade unwind from the middle of July to the beginning of Oct and I am getting a huge drawdown. Even spacing buy orders apart by 500 to 1000 pips the drawdown is huge. ...

Super Carry Trade Trading System

Thanks for the response. I guess there is no set in stone tried and true method for this system, everyone has their own slight variation. That is ok as long as the general theory of the system is consistently profitable. In the original thread on ...

Super Carry Trade Trading System

If you are using a percentage (0.05) then wouldn't the orders actually get smaller as margin decreases?

Super Carry Trade Trading System

Clarification please — I spent the majority of the day reading through this thread and think I understand it mostly but want to make sure. There seem to be differing opinions on the proper way to trade this system. Question 1: Are new buy ...

Super Carry Trade Trading System

I answered my own question. They have a pip calculator. url You can trade as small as $0.01 a pip apparently. That's great. Time for me to do my due dilligence on Interbank to see if they are reputable with competitive spreads.

Trading from a PDA

I might consider trying this but I am a little worried that it will crash while I am in the middle of a trade. Remote desktop has crashed on me before. Thanks, I'll check it out. When you say they allow microlots can it be $0.10 a pip? $1 a pip is a ...

Trading from a PDA

Looks like you attempted to bring my thread back to life. I have not been around to keep it going due to being busy moving, etc. I still think my idea of sharing live trading ideas is good but it just takes more people participating. After I left it ...

Real Time Fibonacci Analysis

I vanish for a few days and come back to this, a bunch of reading to catch up on! This looks like it will evolve into a great thread, I am looking forward to it. My ultimate goal is to trade daily or even less and have free time rather than ...

Trading the Daily

Just want to say thanks again for your sacrifice to help others like us. If you think of helping us like donating to charity (to help forex students), I would say your contribution is far more valuable than money. You can donate your money to all ...

Fibonacci Trading with Bobokus

It will be much easier to trade if it makes it's mind up from the longer term perspective. I am sick of this chop.

Real Time Fibonacci Analysis

I'm betting it will, if for no other reason than the fact that it is ranging along the uptrend long fib on the daily. I wonder how long this will continue before the market decides on a direction? Will it go further down to test the up trend pivot ...

Real Time Fibonacci Analysis

Hi guys! I slept through that one. Well, it looks like it finally decided to retrace a little from that big move. I wonder if it will make it to 1.9575 this morning.

Real Time Fibonacci Analysis

Thanks. I am testing on vhands right now, I'll try that. Putting an entry on the pivot creates a better r:r. I am looking back on losses I have had in the past (real $ not vhands) and it seems like I exit prematurely most of the time, its not that ...

Fibonacci Trading with Bobokus

Hey Bo, I know you have taught us to wait for a candle opening outside of the decision zone, but I am just curious about your trading style. Do you place pending orders on the fibs before the market gets there with stops on the other side of the ...

Fibonacci Trading with Bobokus

Yes I am sure you are right. I was attempting a "hit and run" scalp like islander had been doing all day. I didn't have the luck islander had though. I still think my biggest hurdle is where to place the dang stops. I had a couple scalps on friday ...

Real Time Fibonacci Analysis

Great! I am going to try the excersize on vHands. I feel like I am almost there understanding how to use fibs but I definately wouldn't call myself proficient yet. Out of everything else I think the videos help the most. I am also hoping with my ...

Fibonacci Trading with Bobokus