So what do you base your decisions on? Is it a hunch or do you have Indicators which you rely on?
Thanks for clearing that up.
So what do you do if the market turns against you and eats up all your profits? What if it retraces all the way back to the MA 50. This must have...
Rax, didnt you get stopped out when trailing by 30 pips?
I trade the spot Forex market. So what this all boils down to is the broker giving you a loan and therefore charging interest on overnight...
Sorry, I just wanted a laymans explanation if you have one. I'm a bit thick.
ok, I understand the leverage bit but I still don't understand who a market maker is. Is there a Market Maker at every broking firm? If so,...
Hey Baruch, 1) If when you arrived at your trading screen and found that the price had already moved approximately 20 pips away from your MA...
Just to get this straight in my head, I have a fundamental question. If we can buy 100k worth of currency on margin (deposit), who puts up the...
Similarly, if when you came to the computer and the price had already moved say 30-40 pips in the direction you would have traded, do you get in...
Baruch, Once you are out of a trade because it hit your trailing stop, do you get back in as the bars turn around again or do you wait for the...
How do you know when its moving fast? At the moment, it has small candles or bars but you never know when its gonna make a huge spike and drop...
I take it you still use the 10 pip filter and still place your stop loss at just below MA50 and still move the stop to break-even when 20 pips...
Since the momentum is hovering around zero at the moment, and the prices are fluctuating around the MA 50 also, do you buy / sell every single...
My momentum scale ranges from -0.030 to +0.020. How does the 40 and 60 fit in here? I have set it to 55 on a 30 min scale. Thanks
I tried this system on pairs other than USD pairing and lost on all counts coz prices came back and tested the MA thereby taking me out. I...
Baruch, The RSI was just used for the entry but this problem stems after the entry. It's all about exiting or moving stop losses. Do you know the...
I have a problem with a part of this system and would appreciate any ideas or a solution to the problem. Please see the attached image:
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