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stevewalker - Manual Trading

Chikot
Jun 26 2012 at 08:59
2299 posts

   Alligaturk posted:
   Rule1 :
optimism patience discipline

Rule2: Money management.

rule3: never have fear greed


Steve, is that you? 😱

stevewalker
stevewalker
Jun 26 2012 at 09:53
1439 posts
not me.


   Chikot posted:
   

   Alligaturk posted:
   Rule1 :
optimism patience discipline

Rule2: Money management.

rule3: never have fear greed


Steve, is that you? 😱

stevewalker
stevewalker
Jun 26 2012 at 09:54
1439 posts
a very short summery.
overall it is correct.
the issue is 'devil is in details'😇

   Alligaturk posted:
   Rule1 :
optimism patience discipline

Rule2: Money management.

rule3: never have fear greed

stevewalker
stevewalker
Jun 29 2012 at 14:20
1439 posts
if trading with pepper razor account, trade with min 0.02 lot.
when trading with 0.01 lot it rounds up the comission from 7,53 to 8,00.

fyi.
walker

stevewalker
stevewalker
Jun 29 2012 at 17:24
1439 posts
when trades hold open very long, there is always a poss of reverse fast movement. today we had on many pairs corolated with EU.

read this.

if trader trade with time based charts trader should close trades at a certaion time which will be defined by the average position hold time from his trade history.

if trader trade with range based charts( renko charts - range bar charts ) trader should close trades at a certaion level which will be defined by the average position MFE MAE values from his trade history.

if trader trade with tick based charts trader should close trades at a certaion tick which will be defined by the average position tick values from his trade history.

walker

stevewalker
stevewalker
Jun 30 2012 at 00:43
1439 posts
Important

if you are trading with Robots

DO NEVER RUN ROBOT WITH VARIABLE SPREAD.
RUN YOUR ROBOT WITH FIX SPREAD ALL TIME, THAT BACK TESTED WITH MEAN SPREAD.

VARIABLE SPREAD IS A BIG TRAP TO FAIL ROBOTS.

ESPECIALLY SCALPERS!!

fyi

walker

stevewalker
stevewalker
Jun 30 2012 at 10:43
1439 posts
I am working on a very simple system that can work with any time frame and any chart any ınstrument.

I use 3 different MA to determine the patterns. cross is not the key. key is the waves.

I use MA to determine waves. eyeballed on many currencies and seems to be working.
it is not possible to code it.

the idea is the faster MA waves over slover MA. very simple.
basicly this is the nature of the price action before moves.

hope I can make it work.

walker

Chikot
Jun 30 2012 at 10:44
2299 posts
Steve, I was reading one guy at Oanda. He back tested 2 ema's against 3 and told 2 ema's show better results.

stevewalker
stevewalker
Jun 30 2012 at 11:07
1439 posts
thanks for the input.
this is only faster wave over slower wave. thats all. if it runs ok I will post the scrrenshots here.
the good thing is determining stop is very easy.

last support/resistance + 2 pips. for all time frames. you can set +5 pip for daily chart.

I had checked commodities stocks currucies. it is always doing the same thing. is it %100 ofcourse not. the action does not mean that will move further. if it can win the war buyers/sellers it will or fail.


on the other hand,
today I was thinking, like on friday afternoon, HOW PRİCE STARTS TO MOVE ONE DİRECTİON WITH ALL MOMENTUM AND STRENGTH? FX market is very deep!

market players are not dating on FaceBook and make a deal to move price one direction.

how this happens. If we can understand the logic then we can react according to that.


   Chikot posted:
   Steve, I was reading one guy at Oanda. He back tested 2 ema's against 3 and told 2 ema's show better results.

stevewalker
stevewalker
Jun 30 2012 at 22:56
1439 posts
I had a chance to code the MA pattern system. but should used 4.5 pip Range Bars to get patterns more clear for coding.

this has 10 pip Tp and 18 pip Sl. 1/1.8 R/R ratio which is verg good for an EA



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