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Posts by forex_trader_43716
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NEOSMART SCALPER
in
Strategies
Nov 22, 2012 at 21:05
Agree! Returns become meaningless if you're on the edge of blowing your account each time you trade. I consider my own 19% drawdown as being high, but 90%?
MYFXPT Mirror Trade
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Trading Systems
Nov 22, 2012 at 07:26
Switch back to D1 timeframe
MYFXPT Mirror Trade
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Trading Systems
Nov 19, 2012 at 08:01
Switch from D1 to H4 timeframe
MYFXPT Mirror Trade
in
Trading Systems
Nov 17, 2012 at 00:03
Report for week ended 16-11-12 attached
This Market is making me Sleepy
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Experienced Traders
Nov 14, 2012 at 21:23
Which markets and timeframes are you looking at?
Account
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Experienced Traders
Nov 14, 2012 at 21:15
What you are talking about is discipline. If a system has strict and precise rules to follow, then one trader will perform identical to another if using the same system, and applying the very same rules. But most of us don't because we react differently to each other when confronted with the same set of circumstances...we're humans!In any event, good luck with your turn at the control.
The Age Old Question
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Experienced Traders
Nov 14, 2012 at 21:09
Trend lines join highs with highs, and lows with lows, so it makes sense to use the wicks since these represent highs and lows. The more important factor is making sure you work from "Right to Left" on the chart, joining the nearest high/low with the previous nearest high/low.
Silver H4 Chart - What went wrong with this trade (using PSAR)
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New Traders
Nov 14, 2012 at 20:37
Psar is great during a trend, but not so good during sideways trading. You show two moving averages on your chart indicating a buy signal. Your Psar indicates a buy signal. The chart is showing a False Break Buy signal. But...if you were to add a momentum oscillator you would most likely see divergence, which suggests this buy signal is a little weak and you should wait for further confirmation. Try Williams Percent Range (WPR), and wait until WPR is above -20 for a buy, or below -80 for a sell. Good luck!
I need help 75 years old retired
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New Traders
Nov 14, 2012 at 06:07
😎
Does your Forex Broker...
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New Traders
Nov 14, 2012 at 04:16
Maybe so...
Do you prefer fixed spreads or dynamic spreads?
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New Traders
Nov 14, 2012 at 04:12
Good point. I trade D1 timeframe.
MYFXPT Mirror Trade
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Trading Systems
Nov 14, 2012 at 03:08
There was an opportunity to manually close a few trades that were in modest profit, but beginning to look a bit suspect
Does your Forex Broker...
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New Traders
Nov 13, 2012 at 20:05
The more there is to trade, the broader the opportunity and diversity.
Does your broker...
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New Traders
Nov 13, 2012 at 20:02
he, he...
Do you prefer fixed spreads or dynamic spreads?
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New Traders
Nov 13, 2012 at 20:01
Makes no difference to my trading startegy...
how do usually draw ur support n resistance lines?!
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New Traders
Nov 13, 2012 at 19:58
Simple...last two "highest" highs and last two "lowest" lows. Resistance must be sloping down and support must be sloping up. Timeframe, bar chart, candle chart make no difference. Update everytime a new "highest" high or "lowest" low is formed.
BTN Lightning 0408
in
Trading Systems
Nov 09, 2012 at 20:38
Not to mention a very hefty drawdown....
MYFXPT Mirror Trade
in
Trading Systems
Nov 09, 2012 at 20:29
Report for week ended 09-11-12 attached.
FXDME Warning - Account Management
in
General
Nov 08, 2012 at 08:52
Thank you!
MYFXPT Mirror Trade
in
Trading Systems
Nov 08, 2012 at 08:39
The strategy: Simple Moving Average, Tom DeMark Trend Lines, Williams Percent Range, Williams False Break Buy/Sell Pattern, good money management plan, and a daily timeframe.
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