“Control, control, you must learn control!” - Yoda
Percent Runner 81 replies
Trend Runner Expert Adviser Development 7 replies
Road Runner's Trading Journal 16 replies
Strategy runner and currenex 5 replies
Strategy Runner 0 replies
DislikedHey Ilzalama, Sorry to be bothering you again. I've been looking at this USD/JPY chart. {image} The current candle should close in about an hour. I think a long is setting up. If this picture represented the close of the current candle would you go long or wait for the break of the resistence line at 99.437? Thanks in advance.Ignored
DislikedHi ILZ on usdjpy chart posted by piper , the barry indicator has drawn resistance at 99.430 approx, would that stop you from taking the long, would you like price to break that resistance or the 4hour price action to close above that resistanceIgnored
DislikedHi ILZ, What method do you use to back test, you have very clearly stated you do not believe in EA's , so how do you do it. like trying to back test partial profits ,etc. Lastly I know when you enter a trade you use 100pip stop ,but if in between the 100 pip stop you clearly see the barry indicator having drawn a support/res line would you move the stop down , or in the case of gold i took the short again! and now price hasnt moved much but barry indicator has drawn a support at 1441 at a resistance at 1460 , in this case Would you close the trade...Ignored
DislikedHi ILZ, Do you take notice of daily Ma's , eg the usd cad I waited to short it until it closed below 200sma daily since price was just too close to it, just like how I didnt go long cable once price got to close to the daily gpbusd 200sma Thanks for all the input.Ignored
DislikedI like this system. Ilz how do you do your reentry? Do you wait for a price pullback at a support/resistence level and then you make the entry if price bounce from this level? Please can you show in a picture? Thanks in advance.Ignored
DislikedHi Ilz In post 45 you said there must be at least a 30 pip space between the High/Low of the candle that closes over the Supertrend and the established SR. In post 123 you refer to the 30 pip space being measured from the Close of the candle and not it's High/Low. I may be misunderstanding you, but could you please clarify this entry rule. Great thread by the way, just what I have been looking for. KoglkamaIgnored
DislikedHi Ilz Would it be possible to show a chart of some of the trades that you provide details for in your TRADE UPDATE posts? That is, as the trade progresses with candles marked where the Entry, SL, Exit actions are made. My MT4 charts are different to yours (server time GMT +2) and this would greatly help in understanding how you apply your trade management rules. Could you also explain the reason for the manual exit for the USDCAD short trade shown in the TRADE UPDATE posts 97, 101 and 107? KoglkamaIgnored