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- Nacho replied Apr 1, 2012
I dont understand all the hatred, I just wanted to share something I'm trying and that works for me, and of course I'm open to suggestions and criticism, but there is no need to offend since i'm not offending anyone.
- Nacho replied Apr 1, 2012
Well, I do not take EVERY trade that respects my rule, since I'm not a full time trader and dont have the time to stay and watch the charts for long. I just enter when I happen to spot a trade that satisfies this rule. So lets say I saw a H4 candle ...
- Nacho replied Apr 1, 2012
umm yeah, you are right but at the moment thats the only thing I can do having just 1000eur margin and being the smallest tradable lot 0.01 I think I will still trade 0.01 if and when I reach 2000eur margin.
- Nacho replied Apr 1, 2012
Thanks for the suggestion, I could add this to the existing strategy, I guess that PA approaching historic high/lows is a quite rare event. Similarly, I try to enter trades on support and resistance bounces.
- Nacho replied Apr 1, 2012
Thanks for yr comments. I am aware of these shortcomings, and I'm looking for ways to make this strategy feasible. As I heard many times, being succesfull requires you to have the hedge of probabilities in your favour. Aiming at 15 pips TP after a ...
- Nacho replied Apr 1, 2012
thing is that risking that little, I could afford a drawback on a single pair of more than 500 pips without needing to close the trade. I have to be very unlucky for having 5 pairs going all 500 pips against me . I agree that it could happen though. ...
- No SL No Leverage Strategy - working so far
Hi all, I want to share my strategy and get your opinions comments and views. The strategy I'm ...
- Nacho replied Mar 11, 2012
no sl.. — after 1 year and a half of wiped off real accounts (following the rules) and at the same time very succesful trading on demo accounts (go with the trend - no SL) I can say that, at least for me, the main reason for losing money is ...
- Nacho replied Jan 5, 2012
thank you smatthew and lostfx, as for eurusd yeah, I was definetely going against the trend...but gbpusd? it was the fourth consecutive blue candle, I thought it could start climbing up...
- Nacho replied Jan 5, 2012
disaster entries — two disaster entries following TMS cross on daily charts with GBPUSD long on second candle after cross EURUSD long on cross candle lost 70 pips on each
- Nacho commented Nov 8, 2011
Well I think you dont have to be a genius when you own 3 out of 6 of the most important tv channels (and you can heavily influence the others), newspapers, publishing houses, football teams (i.e. people's minds) Besides, he survived more than 50 ...
- Nacho replied Nov 2, 2011
Hi, I also try to trade this way (H1 cross confirmed by H4 direction - though i do not wait for D1) thing is these setups are very few and I need to stare at the charts very often. How often do you spot a setup with h1 cross and h4 + d1 simultaneous ...
- Nacho replied Oct 26, 2011
...doesnt seem to be able to pass daily pivot at 1.3905....at least for the moment
- Nacho replied Oct 16, 2011
Hi Dud45, yes you might be right, especially if price is going to consolidate for a while now. Anyway I dont trade weekly charts (dont have that much money) but I was just trying to see what the longer term trend could be. Lower TFs look overbought ...
- Nacho replied Oct 15, 2011
long eurusd ? — this week closed with a nice cross on the EUR/USD weekly chart, what do you guys think? seems to me that we might have a bullish week for eur the week ahead, stoch oversold too. Green light on lower timeframes (but not on ...
- Nacho replied Oct 8, 2011
backtesting... — My doubt might sound stupid. I think I cannot fully understand how to backtest this system. Looking at old charts the TMS indicator seems to have a very high success probability - but (as finnbjurvoll said in the past) - how ...
- Nacho commented Oct 7, 2011
Italy is the third largest economy of the Eurozone and I think that a default of this country is a VERY VERY remote possibility. Should Italy default it would trigger a catastrophe that would widely affect not just Europe but the world's economy as ...
- Nacho replied Sep 29, 2011
AUDUSD contrasting charts — the TDI on A/U H1 chart has a nice bullish cross now, but the H4 chart has a nice bearish cross (as nice as the H1's one)....what would you do? (my answer: i'm out of this trade)
- Nacho replied Sep 26, 2011
same here....nice EA though..I'm testing it as well
- Nacho replied Sep 14, 2011
euraud long d1? — Thank you dcginc for theanswer. Anyone in EURAUD long on the D1 today? It looks nice but approaching a weekly resistance so not so sure. Weekly is also in the red but hooked up.