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- Scoobidoobi replied Jul 24, 2014
iDoubleStoch, This is not gambling in Vegas on a blackjack table or playing roulette. Let me explain if you are certain to make say 1500pips on trading an instrument for a year's time and you use fixed lot all the time say 0.1 lot which will end up ...
Is Never closing any trade a good idea?
- Scoobidoobi replied Jul 24, 2014
Entry condition for EA : If Market is not Rangebound confirmed using Daily RSI(20) not in the range of 45 to 55 Take a long entry upon breaking daily high (or) Take a short entry upon breaking daily low Exit Condition : None (Neverclose) Position ...
Is Never closing any trade a good idea?
- Scoobidoobi replied Jul 24, 2014
Thanks Hayseed. Nice ::idea:: to code an EA for this! Coded an EA named Neverclose007 , lets see how it unfolds
Is Never closing any trade a good idea?P.S : It can't be backtested, good candidate for forward test only on Daily chart! Would recommend to run against 10 most volatile ...
- Scoobidoobi replied Jul 24, 2014
Also I feel we should do this millipede approach on most volatile pairs as in this list from dukascopy : url
Is Never closing any trade a good idea?
- Scoobidoobi replied Jul 24, 2014
Pipmeup, When we reach 100lot thats the max with my broker, is it the time to close the entire portfolio of orders all at one go perhaps? Appreciate your response!
Is Never closing any trade a good idea?
- Scoobidoobi replied Jul 24, 2014
Fantastic Pipmeup! So if you know your system is capable of hunting Xpips at the end of the year, we can do this way rather Long 1 lot with buy signal and then when you get sell signal short 2 lot rather than increasing the stake. make sense! Thanks ...
Is Never closing any trade a good idea?
- Is Never closing any trade a good idea?Started Jul 24, 2014|Trading Discussion|12 replies
Is Never closing any trade - a good ::idea:: ? A trader decides he never wants to close any trade ...
- Scoobidoobi replied Jul 22, 2014
Rising Sun D1 Trader Test for last 2 months can also be found here : 1493 pips made net on JPY Pairs! url
JPY Pair Daily Chart Trader EA
- Scoobidoobi replied Jul 22, 2014
Thanks Deberliner!, so far looks good 860pips u made for last month good going!
JPY Pair Daily Chart Trader EA
- Scoobidoobi replied Jul 21, 2014
Advantage with running the EA on both D1 & H4(with different magic no.) for JPY pairs will make sure DD stays low as it continues to make profits. Cheers!
JPY Pair Daily Chart Trader EA
- Scoobidoobi replied Jul 21, 2014
Thanks DerBerliner for your testing! url Btw are you running both JPY Trader V3 which I posted on both Daily and H4 timeframes like risingsun did on the above account, that seems to mint really good Regards Scoobi
JPY Pair Daily Chart Trader EA
- Scoobidoobi commented Jul 17, 2014
hmm Fan bought gold and sold uj at 101.35 will sit tight!
Gold (XAU/USD) - Where will Sellers be on a Pullback?
- Scoobidoobi commented Jul 17, 2014
I am long entered at 1308.37 Fan, way to go GoldieLocks
Gold (XAU/USD) - Where will Sellers be on a Pullback?
- Scoobidoobi commented Jul 17, 2014
I was wrong in the acronym for SSI, dailyfx site reads SSI= Speculative Sentiment Index(NOT Small Sentiment Index) apologies!
Gold (XAU/USD) - Where will Sellers be on a Pullback?
- Scoobidoobi commented Jul 17, 2014
I feel we are waiting for long to see S&P500 to correct decent 10% , its been over 1100 days + since it corrected with continuous upsurge irrespective of any reaction to local/global kios. That said when equities start to correct , gold/silver seems ...
Gold (XAU/USD) - Where will Sellers be on a Pullback?
- Scoobidoobi commented Jul 17, 2014
China you mean is only one gold bullion buyer Vs all Western powers selling? Is that the case.
Gold (XAU/USD) - Where will Sellers be on a Pullback?
- Scoobidoobi commented Jul 17, 2014
Fan it made a top of 1308 and dropping now to 1304, I would be seller if it breaks 1290 or takes out 1317 turning into a buyer this is no trade zone for me. Appreciate your opinion.
Gold (XAU/USD) - Where will Sellers be on a Pullback?
- Scoobidoobi commented Jul 17, 2014
I would be skeptical to buy gold vs usd atm, since SSI (Small Speculators Index) points to retail crowd being bravodo in going long as much as 76% bullish watch out what big players usually do to take their easy money
Gold (XAU/USD) - Where will Sellers be on a Pullback?
- Scoobidoobi commented Jul 17, 2014
Also it implies s&p500 will make the much needed 5% correction downward instead of crossing 2000 this July which would pave way for gold etf's buying...
Gold (XAU/USD) - Where will Sellers be on a Pullback?
- Scoobidoobi commented Jul 17, 2014
As long as US Dollar index(cmp 80.56) holds the forte circa above 80.25, gold bounces can be faded off by shorting higher and buying lower. If dollar index again breaks loose below 80.20, gold has case to break the last week highs!
Gold (XAU/USD) - Where will Sellers be on a Pullback?