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bmcgowra replied Sep 28, 2017Is the last post of page 1 not clear to you? Also there is no Stop loss, as the title of the thread indicates and it doesnt use hedging. If you dont understand the last post of page 1 please ask what is unclear.. I will happily explain. :-)
Scaling in - no stop loss
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bmcgowra replied Sep 28, 2017It would be very nerve wracking with a real account! But the idea is that you can withstand huge DD with a big account. The person who showed this to me also showed me his trading history of years. With a few major DD's. But he waited for weeks and ...
Scaling in - no stop loss
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bmcgowra replied Sep 28, 2017In that case the buy limit orders of level 6 will be executed again and then the buy limit orders of level 7,8,9,10 etc upto 100 if you have enough capital for the DD.
Scaling in - no stop loss
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bmcgowra replied Sep 28, 2017If the price moves between level 5 and 6 up and down. It will buy level 6 and then if it moves back to level 5, level 6 takes profit. A new Buylimit order is entered at level 6. So if going to level 6 again it buys again and if moving up it sells at ...
Scaling in - no stop loss
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bmcgowra replied Sep 28, 2017If the first entry is a sell you would add sell positions. If the first is a buy you add buy positions..
Scaling in - no stop loss
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bmcgowra replied Sep 28, 2017Anyway, I am currently not trading this strategy. Just testing it. I am mostly curious what others think.. :-)
Scaling in - no stop loss
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bmcgowra replied Sep 28, 2017TP is always at the next level. So say you are at -105 pips (level6) and you tp level 6 three times (+40pips) you have +15 pips profit and can close all open positions.
Scaling in - no stop loss
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bmcgowra replied Sep 28, 2017All buylimit orders. TP is where next buylimit is. Re-enter buylimit position if TP.
Scaling in - no stop loss
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bmcgowra replied Sep 28, 2017I try to write little to avoid confusion. :-) No increase of lot size. As you said. No Stoploss Every buy limit order has its tp. TP of is equal to 5,10,20,40 etc. Suppose we are at level 5. the pending buy limit order of 40 pips is executed. If ...
Scaling in - no stop loss
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Scaling in - no stop loss
Started Sep 28, 2017|Trading Systems|90 replies
This strategy was tought to be by someone in Amsterdam, who claims to trade it with great ...
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bmcgowra replied Aug 2, 2017Anyway, regarding the monthly basket. I have it on and wonder how much DD you guys recommend before stepping out? Lots of talk about balls of steel here. :-) So seriously.. I have 3000 pips minus at the moment on my demo..


CCFp weekly signals (set and forget basket trading)
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bmcgowra replied Aug 2, 2017Ich habe keine Ahnung worüber du gerade geredet hast? Waar heb je het over? English please!! :-)
CCFp weekly signals (set and forget basket trading)
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bmcgowra replied Aug 1, 2017Yes, I could have. But I wanted to avoid sudden spikes of DD. So if it moves to -50 within minutes I wouldnt have entered at -20. IT all depends on how volatile the basket is.
CCFp weekly signals (set and forget basket trading)
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bmcgowra replied Aug 1, 2017I didnt keep track of that.. unfortunately
CCFp weekly signals (set and forget basket trading)
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bmcgowra replied Jul 31, 2017I further tested the FxMadness Indi and did the following. I opened the same basket in two demo accounts. I waited for demo 1 to go to -20 pips and then opened the same basket in demo 2 with a TP of 50 pips. Could do this the whole day and only once ...
CCFp weekly signals (set and forget basket trading)
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bmcgowra replied Jul 29, 2017Thanks, but arent there too many trades to trade this? My broker only alows 100
CCFp weekly signals (set and forget basket trading)
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bmcgowra replied Jul 29, 2017I noticed that when testing the FxMadness indi just before a big news event it is going into big minus. So now when ever there are big news events I decided to enter the trade just before the news event with all trades in reverse. Worked great 2 ...
CCFp weekly signals (set and forget basket trading)
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bmcgowra replied Jul 26, 2017For the entire week the FxMadness indicator only showed me 1 bloody pair!! Finally today some more and once there were 5 I got in. Been winning every single entry 5 already today.. 50-70 pips !!! Yeahh I am back ...
CCFp weekly signals (set and forget basket trading)