Kindly READ it clearly and UNDERSTAND what i am trying to say
Most of my threads are well structured & detailed & planned.
- But i have been just thinking about this for a week or so.
- I am not sure about the thread name clearly (and would be changed(on request to moderators))
- As of now placed in "Trading discussion" and can get it to moved to "Interactive Trading" based on final purpose/usage of this thread.
Here is what i have in mind (not very planned of course) and planning to shape it for betterment of traders/readers (who think interacting helps), based on
inputs:
- Aim is to make money
- "Sniper Specialists" > Because thread will mainly serve as a place to discuss relatively "Very-HIGH-ODD" trade opportunities/setups in SPOT FX pairs (ONLY), of >=100 pips and only the least drawdown setups, snipers are known for
- "Lets Collectively Roll" > Because aim is to detect and trade larger moves (not just 100 pips), which can be trend change points/major retracement moves (on different TF's; Preferably < Weekly TF), after making a collective trading BIAS.
- More emphasis would be to detect major retracements/trend changing points and riding them(if possible) rather than eating into mid 40-70% body-section of a move.
- "Snipers" also known for least Drawdown in positions. So R:R should probably in higher ranges ( say >=1:4 Range)
- Small moves/Scalping are not what we are after. 100 pips, is not small based on average daily range of most major pairs
- Charts / Reasons/ Whatever you think has worked for you, should be posted to support your BIAS/Trade Setups
- Given the fact, this is not related to specific system, different possible systems(being discussed) can be posted
- Thread would be, kind of, run by multiple FF "Regular users" who already post on FF, regarding the same
- Anyone can post and vouch/high-post-bloat is not a requirement (though surely gives some filtration)
- We can have regular (daily and even lower TF )Polls regarding a BIAS/Trade opportunity(being discussed), before taking the trades on based on collective Bias
- Given the fact making collective BIAS on something is not easy, we can have polls (FF feature)/ Other online interactive voting(suggestions?), regarding a opportunity , from selected/all-contributing members/volunteers (kind of a BIAS grid)
- I think i need more than a few volunteer members to agree to support this and get other friends/traders join in (of course who already post freely on FF), so that we can move ahead. So kindly let me know if you are interested (better here or via PM)
- Of course based on the thread response (not sure it works or not), final decisions/thread aims would be finalized later
.
.
.
.
P.S.
- Comments/Ideas/Suggestions solicited on above
- Various things would be added or deleted
- Thread rules getting added; inevitable (yet don't flame me/anyone till then)
- I will make sure the thread remains on path and serves the purpose of all valid contributors, with strict thread rules, just like my other threads.
THREAD RULES
1) Do NOT flame anyone else; Healthy discussions only allowed.
2) Any racial/personal-rivalry/intimidating post is not allowed.
3) No plain trading calls allowed. Have some details
4) All those still posting, can feed their online ego/post count, before the post is reported for deletion.
Most of my threads are well structured & detailed & planned.
- But i have been just thinking about this for a week or so.
- I am not sure about the thread name clearly (and would be changed(on request to moderators))
- As of now placed in "Trading discussion" and can get it to moved to "Interactive Trading" based on final purpose/usage of this thread.
Here is what i have in mind (not very planned of course) and planning to shape it for betterment of traders/readers (who think interacting helps), based on
inputs:
- Aim is to make money
- "Sniper Specialists" > Because thread will mainly serve as a place to discuss relatively "Very-HIGH-ODD" trade opportunities/setups in SPOT FX pairs (ONLY), of >=100 pips and only the least drawdown setups, snipers are known for
- "Lets Collectively Roll" > Because aim is to detect and trade larger moves (not just 100 pips), which can be trend change points/major retracement moves (on different TF's; Preferably < Weekly TF), after making a collective trading BIAS.
- More emphasis would be to detect major retracements/trend changing points and riding them(if possible) rather than eating into mid 40-70% body-section of a move.
- "Snipers" also known for least Drawdown in positions. So R:R should probably in higher ranges ( say >=1:4 Range)
- Small moves/Scalping are not what we are after. 100 pips, is not small based on average daily range of most major pairs
- Charts / Reasons/ Whatever you think has worked for you, should be posted to support your BIAS/Trade Setups
- Given the fact, this is not related to specific system, different possible systems(being discussed) can be posted
- Thread would be, kind of, run by multiple FF "Regular users" who already post on FF, regarding the same
- Anyone can post and vouch/high-post-bloat is not a requirement (though surely gives some filtration)
- We can have regular (daily and even lower TF )Polls regarding a BIAS/Trade opportunity(being discussed), before taking the trades on based on collective Bias
- Given the fact making collective BIAS on something is not easy, we can have polls (FF feature)/ Other online interactive voting(suggestions?), regarding a opportunity , from selected/all-contributing members/volunteers (kind of a BIAS grid)
- I think i need more than a few volunteer members to agree to support this and get other friends/traders join in (of course who already post freely on FF), so that we can move ahead. So kindly let me know if you are interested (better here or via PM)
- Of course based on the thread response (not sure it works or not), final decisions/thread aims would be finalized later
.
.
.
.
P.S.
- Comments/Ideas/Suggestions solicited on above
- Various things would be added or deleted
- Thread rules getting added; inevitable (yet don't flame me/anyone till then)
- I will make sure the thread remains on path and serves the purpose of all valid contributors, with strict thread rules, just like my other threads.
THREAD RULES
1) Do NOT flame anyone else; Healthy discussions only allowed.
2) Any racial/personal-rivalry/intimidating post is not allowed.
3) No plain trading calls allowed. Have some details
4) All those still posting, can feed their online ego/post count, before the post is reported for deletion.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152