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- NirvanaFin replied Oct 30, 2009
Hi! Great strategy with impressive results! One thing I don't understand is how people can be making their calculations at different times? The market doesn't adjust itself according to what broker you use! If we want to replicate Scotts results I ...
- NirvanaFin replied Aug 31, 2009
I believe those to be the rules.. Although I re-read the Ace's first post and there is no mention of it! I'm certain that is correct though, Either that or I'm losing my mind (For the record I have never done this. I call it a day after the first ...
- NirvanaFin replied Aug 31, 2009
If you were following the rules you wouldn't have closed your short trade yet Hehe, sorry, I'm just kidding. I think it's important to do whatever you think is right And you are totally correct. Some aspects of the chart look bullish, especially ...
- NirvanaFin replied Aug 31, 2009
Who knows Everyone will have a different opinion. The truth is, if we could really predict the market so well, we wouldn't need any boxes to show us how to trade Good luck w your trade
- NirvanaFin replied Aug 31, 2009
I noticed, Like I said, I didn't place any trades this week due to the bank holiday, But if you want my opinion I would stay in the trade for now (G/J) Price is in a mini uptrend on the 5min chart, But the overall trend is down and price was nicely ...
- NirvanaFin replied Aug 31, 2009
Thanks, The only fixed SL I implement is the initial "other side of the range SL" However if I see some profit and then price move back to the BE area, I may close the trade depending on price action, and how the chart looks in general. The best ...
- NirvanaFin replied Aug 31, 2009
Thanks Sandy, However generally I close all my positions before the Monday NY market even opens, so I will trade as normal next week. Although I would expect lower volumes in the Asian and London sessions too. Stupid holidays!
- NirvanaFin replied Aug 31, 2009
For me this kind of strategy is the only way to trade. Playing the probabilities. I don't use any indicators, not even pivots! Just a few trendlines to highlight areas where there "might" be support/resistance.
- NirvanaFin replied Aug 31, 2009
I trade full time yes. Although I don't withdraw any profits yet, everything gets re-invested
- NirvanaFin replied Aug 31, 2009
I use Oanda, and FxHit to analyze my results. image image The images show that between 8th July and 19th August 2009, the method made 1064pips, or a shade under 14% profit Edit, sorry the images are small/blurry, but I think they are just about ...
- NirvanaFin replied Aug 31, 2009
Sure, Just give me a few mins while I figure out how to post images
- NirvanaFin replied Aug 31, 2009
Hi Friends, I am one of those selfish FF members who does a lot of reading without contributing! Here's my attempt to change that. First of all I send big thanks to Ace and the other regular posters in this thread who make a huge effort to help ...
- Posts by Member Search: 'NirvanaFin'