test-2-CLOSED (By forex_trader_79941)
The user has deleted this system.
test-2-CLOSED Discussion
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 05:24
new trading day. good luck all.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 05:38
(edited Jun 12, 2012 at 05:38)
how I trade
nothing special
I use ;
16 tick chart for pepperstone ( I am willing that work for pepper )
SMA 9 on chart
SMA 3 for determining patterns
WPR 14 for exit.
I trade the patterns I see on SMA 3 with fix 5.5 pıps SL.
nothing special
I use ;
16 tick chart for pepperstone ( I am willing that work for pepper )
SMA 9 on chart
SMA 3 for determining patterns
WPR 14 for exit.
I trade the patterns I see on SMA 3 with fix 5.5 pıps SL.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 05:41
(edited Jun 12, 2012 at 05:41)
is %30-40 daily profit possible?
No it is NOT.
but I want to test all as much as I can, before go live to find the weakest links.
any system/trader will fail on some points
that can be metally/strategicly/tecnical issues
I try to address as much as I can before go live.
walker
No it is NOT.
but I want to test all as much as I can, before go live to find the weakest links.
any system/trader will fail on some points
that can be metally/strategicly/tecnical issues
I try to address as much as I can before go live.
walker
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 05:43
(edited Jun 12, 2012 at 05:43)
here are some trades taken
purple lines entrys. and white lines exits.
purple lines entrys. and white lines exits.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 05:48
(edited Jun 12, 2012 at 05:59)
used trade with EA support to my manual trades. but this made me extreemly flexible.
forced me to make huge mistakes. as a result I stop using it and return to traditinial trading with only basic MT4 features.
walker
forced me to make huge mistakes. as a result I stop using it and return to traditinial trading with only basic MT4 features.
walker
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 05:49
if anyone would like to get the codes I use just drop a post. I can share those with you.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 05:50
(edited Jun 12, 2012 at 05:59)
regarding to balance, LOT increased to 0.35 from 0.25
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 05:53
(edited Jun 12, 2012 at 05:59)
having difficulties getting profit from Long trades. I exit very early. I should fix that!
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 05:55
currently waiting to market get more liquid. it may with EU open
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 06:02
(edited Jun 12, 2012 at 06:02)
market moving. no need to wait EU open. will start with new patterns. almost missed one great short
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 06:14
also missed one Long. this was not a pattern I knew that it would go long. this is a big challenge for me to stop that and not take those trades. it sometimes work but most of the time fails. just training myself to trade only the patterns. nothing more.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 06:15
(edited Jun 12, 2012 at 06:16)
now got a long pattern forming. but this most probably also form for short. bidirectional pattern. risky
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 06:16
long failed and short is too short to enter
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 06:44
(edited Jun 12, 2012 at 06:44)
got one short with 3.5 pip. guess exit too early! this is one of my biggest problem.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 06:50
(edited Jun 12, 2012 at 06:50)
that trade got > 13 pip MFE & 0.5 PIP MAE. big mistake on early exit.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 06:53
from now will select a profit traget for each trade as I do on loss side. and exit that level. may BE on some profit level.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 06:55
getting red flag from 15M chart. market may reversing relative to mean chart. and those returns can be really painfull!!
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 06:58
(edited Jun 12, 2012 at 06:58)
15M 1M red flag. desecion point. stay away
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 07:00
reson posting here is to repeat what I think and stay way from mistakes.
forex_trader_79941
Member Since Jun 06, 2012
1439 posts
Jun 12, 2012 at 07:02
(edited Jun 12, 2012 at 07:02)
currently tick generating short patterns but price moving long. 15M return is reversing the patterns. will suspen until get green from 15M
