Posts by Fxringleader
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Book some profit on this current open trade, and wait a little for the market to finish up with this light news... his is a straight forward Session. Considered Choppy But Manageable with tight entries and exits.
Excellent Re-entry at this level this is a straight forward Session. Considered Choppy But Manageable with tight entries and exits. http://www.myfxbook.com/files/Fxringleader/charts/EURUSD_M30_VwtxitXvaF.png
New Short Term Market Trade for the Session.... http://www.myfxbook.com/files/Fxringleader/charts/EURUSD_M30_VwtxitXvaF.png this is a straight forward Session. Considered Choppy But Manageable with tight entries and exits.
jumping to conclusions.... money management is not the issue. the idea behind this concept is stress test/compounding.... we want to make a system. that catches a yearly trend. and compounds an entire leg. some legs are over 1,000 pips in size. now in this situation if your compounding 85% more on a move like that. well you do the math..... we will post a video. with better details feel free to build a similar ea for your own testing, and you will see where we are going with this. you could blow, 3 dozen, 10k accounts only 1 of them needs to make it..... (calculated risk) big payout. {think......
Building a chart, will have it ready in a few hours. Looking at a continued move down to 1.2900
Its Called Stress Testing. you push your code to the max. High Roller Uses 85% of the Account capital per trade. even at that rate the account still made it to the end of the week. we still consider that progress. encase your not familiar with the term "stress testing" most forex traders are not take a look at the definition Link below - http://en.wikipedia.org/wiki/Stress_testing
Playing Around with a new Radical Design, that Skips Normal trade theory. See if it Survives the week. on Friday it made a 95% Return. this is a new approach to calculated high risk for american accounts with low leverage and no hedging abilities and FIFO Rule Issues. "IF" it makes it to next Friday. then the account Profits needs to be emptied. but the main focus is to see how fast this particular account will blow up. if went down to 50% but suddenly jumped 95% return. well its worth keeping an eye on it. this system. This Particular System Style is optimized for Options trading. ......
THIS IS A CHART UPDATE FOR THE ABOVE CHART. THIS MOVE HAS FINISHED UP! EASY 100+ PIPS, SYSTEM IS LOOKING FOR A NEW TRADE.... http://www.myfxbook.com/files/Fxringleader/charts/EURUSD_M30_K5cz4a7a8T.png
Take the time to lock in some profits from this trade. http://www.myfxbook.com/files/Fxringleader/charts/EURUSD_M30_NXyIaKxd6r.png
Range is 50 over 80 - Choppy, Underling Short Term Support Up Trend. Main Session Focus "Down"
Chicago Fed National Activity Index (7 min)
Europe Markets: Europe stocks slip as miners ...(22 min ago)
EURUSD 1.28454 GBPUSD 1.5199
USDJPY 102.604 USDCAD 1.02814
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.