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- NoobPie replied Dec 9, 2015
Hello. One quick question.... Why do you blank out your entered lot size?
EURUSD
- NoobPie replied Dec 9, 2015
I reckon that EUR/USD is still in a "downtrend", but at what point do people stop trying to "sell the highs"?
EURUSD
- NoobPie replied Dec 8, 2015
I believe that the market is indeed predictable, only if one follows the rules of "price action". To many of us rely on "indicators" to help us predict what the next move will be, when it is price action that will determine that. Simply look at all ...
Why it is possible to predict price movement?
- What constitutes a "scam"?Started Dec 7, 2015|Trading Discussion|4 replies
Good morning everyone, I have taken the time to read through many pages of social networking sites, ...
- NoobPie replied Dec 4, 2015
Hello. What price are you short on EU? Your chart only shows Dax. Thanks in advance.
EURUSD
- NoobPie replied Dec 3, 2015
image Does anyone remember that big spike up of 150+ pips in 15mins on a day much like today? Maybe we might see something like that again today to take out all the people 'shorting the high'?
EURUSD
- NoobPie replied Dec 2, 2015
Thank you for the advice, but that is the way that I scalp these pairs. I keep the sl tight so I'm willing to give up more then 4-5 pips. Yet looking at it now, GBP/JPY is now 11 pips higher then where i exited, without any of the bull candles on ...
Dragon Riders GBP/JPY
- NoobPie replied Dec 2, 2015
Excellent question, and I would have to say 100% is that you should trade with "bid chart". The reality is when we backtest, we are always basing things on what the bid was. Al thought we "buy on the ask, and sell on the bid" simply look at how many ...
Trade using bid chart or ask chart?
- NoobPie replied Dec 2, 2015
There has to be winning systems, the issue is someone being able to be consistent enough to ONLY trade that system. Social trading, to me, is a double edge sword and more then anything else stunts a persons growth as they try to earn enough money to ...
Are you profitable?
- NoobPie replied Nov 27, 2015
All in all it boils to much to theory, which is what I don't like speaking about. Why don't I like speaking about theory? Well, only because theory tends to get away from what the focus should mainly be, and that is how well does the system actually ...
Can your system have less then 5 consecutive losses
- NoobPie replied Nov 27, 2015
Well today only 3 trades, and a total of 16% profit growth. The highest amount of pips I was in red was only 3. Here you can see I took a long after a rejection of the entry to sell side. Had the candle simply closed on the line which says 0.0 The ...
Can your system have less then 5 consecutive losses
- NoobPie replied Nov 26, 2015
Hello Sir, I think in order to get over the fact that a "small range" would be the death of your system, you should first should be able to identify when the market is in a confirmed range. I would first recommend you using the 7 daily pivots as ...
Engulfer
- NoobPie replied Nov 25, 2015
Thank you very much for your kind words. I understand that people are full of negativity because of their own lack of success trying the same. Hopefully people will be able to add their accounts here, so we can see the consistencies in their trades, ...
Can your system have less then 5 consecutive losses
- NoobPie replied Nov 25, 2015
I guess since you are going to use the language "hindsight" then you shouldn't say "with certainty" that anything will happen in the future either. The reality is people blame martingale for the destruction of accounts, when the reality is accounts ...
Can your system have less then 5 consecutive losses
- NoobPie replied Nov 24, 2015
Here is a perfect example of taking an entry based on my system. image You can see that "E" is the first candle which closed a cross the "entry" fib level. You then see we had 3 engulfs across other fib levels. I then took a long position of .8 ...
Can your system have less then 5 consecutive losses
- NoobPie replied Nov 24, 2015
I simply do not like the comparison of a "coin toss" or "casino games" to forex as my system isn't based on "ODDS" but on price action. My belief of what price action is, has led me to this system which I feel I can calculate the run to the nearest ...
Can your system have less then 5 consecutive losses
- NoobPie replied Nov 24, 2015
The snapshot below you can see the massive spike up, followed by the spike down. The very first trade, which of course that graph doesn't reveal to you is that I took a long, as soon as I took the long, I decided to leave it open ,NOT RESPECTING the ...
Can your system have less then 5 consecutive losses
- NoobPie replied Nov 24, 2015
I, for one, follow one of the most basic rules while trading. I "almost always" respect what we know as an engulf. So say for an example the candle which is labeled with the arrow pointing down is my entry. image Then the engulf would be the high ...
Can your system have less then 5 consecutive losses