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AngelBull.com (By angelbullcom)

The user has deleted this system.

AngelBull.com Discussion

Jan 31, 2012 at 20:53
679 Views
2 Replies
Member Since Jan 31, 2012   5 posts
Feb 02, 2012 at 21:53
About AngelBull trading system:
 Trading with EURUSD and GBPUSD only.
 Stop losses and take profits are being set at the opening of the trades and remain there until close.
 Electronic advisor is used only for TP SL placing.
 Average 0~10 trades per day are made.
 Maximum 4 trades opened at the time.
 Usually trades are made between 7h ~ 23h by London time.
 Entering points are chosen by technical analysis and quantitative probability analysis with the principles of scalping. The things of technical analysis are used: volume, speed of the price movement and how the price reacts to new and old support resistance levels. Quantitative probability analysis are being used for risk measurements.

Money management:
Ten bad trades in a row are calculated for no bigger that 20% draw down in a sum.
 By capital growing the risk is being lowered by reducing maximum allowed draw down of 10 bad trades in a row. But the risk can not be used higher in any way than starting one.

Member Since Feb 03, 2012   1 posts
Feb 03, 2012 at 13:04
Hello,

Your system sounds very interesting. I'd like to learn more about it.

I just joined tonight so I'm not sure if this is appropriate to ask.

Please let me know.

Thank You,

Georgie
Member Since Jan 31, 2012   5 posts
Feb 03, 2012 at 14:50
Hello
Well, i have not written about it anywhere yet. It is more trained aye trading then the set of rules.. If i can say so. Those with a lot of time spent watching small time frame charts should understand what i mean. You just see the price, how it moves, how fast, how it reacts to old and new S&R levels and you try to understand which side the big money tends to go.. No indicators needed, just plain chart. Sometimes volume is useful, but you can see it on the price itself. Anyway, you can see just tick volume, which is very inaccurate, so better not to take mt4 volume seriously.. It's really hard to say something clear about my trading, it's just a lot of practice which leads to trained intuition, thats all.. I use probabilities for risk measurements, i calculate probability of the next trade, it has more chances to be good or not, then i choose what size lot to use considering on probability to be successful or not. Sorry for my bad English :)

https://angelbull.com
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