I wasn't so much concerned at the excessive amount of CZs as I was with the pip count and possible drawdown. I could have achieved even more pips but there were more consecutive losing trades. I'm trying to keep the equity curve as smooth as ...

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I've been glued to my charts with the new indicator like everybody else, plotting and figuring 'til I can't see straight. So many variables to contend with, but I'm enjoying every minute of it. What a wonderful tool at our disposal. Thank you FXHard ...

Extracted Thread (per thread starter's request)

[quote=cuchuflito;5894716]There´s a big problem with scaling down...although it´s common, even used by good pros. It goes against the golden rule: keep winners big, loosers small. Scaling out makes sure, that when you get stopped right away, and ...

Genesis Matrix Trading

Wow, a lost soul wandering through the universe... that's beautiful man!

Genesis Matrix Trading

Okay, makes sense. Thanks very much RJ.

Genesis Matrix Trading

Today is a tough one, there really isn't a clear trend. The EU just ran up and hit R1, then turned around. The M15 stoch is overbought, and so is the M5 stoch. Should we see that as a rejection of R1 to go short with a Genesis signal? That's how I ...

Genesis Matrix Trading

I think we need to wait for a retest of S1 and then enter short with a matrix signal on EU.

Genesis Matrix Trading

Long EU — Stoch was oversold on M15, rejection of daily pivot on M5. There was quite a long bar after signal was made so I waited a bit for it to retrace some before I jumped in. My target is just below R1 (about 81 pips), which is quite ...

Genesis Matrix Trading

Thanks for the feedback Jack. I'll check the stoch out.

Genesis Matrix Trading

Forgot to post the chart... image

Genesis Matrix Trading

? — I took this trade short on GU a while back and it worked out. I went 1:1 on this one and got 23 pips. I'm wondering if this was a wise trade to take. It rejected the daily pivot and gave a signal to go short. The stoch was coming down from ...

Genesis Matrix Trading

short GU — Was pretty well overbought on the M15 too, so took this trade. SL above last swing high, TP just above previous swing low and S1. Hoping for 20 pips, about 4% on account. Thanks RJ and everyone for starting this thread. Great to be ...

Genesis Matrix Trading

Sonic, Thanks for your pix of the double bottom. Interesting analysis.

Sonic R. System

Ya think?

Trading the heiken-ashi megapips system.

Yes.

Easy entry system: coloured candles

That would be the Ultra-Signal which is attached to Kraven's second post.

Easy entry system: coloured candles

Long EU trade — Out at -11 pips. I had a couple of opportunities to get out at break even but didn't take them. Nexas, aside from the news, would you have taken such a long pullback? This is an educational question so perhaps belongs on your ...

Range Bar Trading with Nexas

Yes, as soon as I entered the trade I realized I forgot about the news. I'll put my seatbelt and helmet on and hope for the best!

Range Bar Trading with Nexas

Long EU — This is a very deep pullback on the M30 chart, so hopefull it will continue with the current long-term trend. image

Range Bar Trading with Nexas

short EU, 8-pip bars — R:R pretty bad on this one. image EDIT: Out at -2 pips, didn't like the way it was behaving. I think a 20-pip SL for an 11-pip target perhaps isn't very wise. I'll have to rethink this one.

Range Bar Trading with Nexas