-------------------------------------------------------------------------------- Quote from ave331: Well, call it itching to have a go on that small account! In 2 hours, did 6 trades on EURUSD in a slow market ... 1 long = loss 1 short = gain 4 longs = gain net gain of 16 pips (very small gain of 2.6 per trade, I admit) Taking a break before the more active period ahead as suggested by KrispyKreme50. -------------------------------------------------------------------------------- Hi cabletrader Over 13 hours (of course with toilet breaks in between haha), did ... 3 shorts ... 1 loss 2 wins 15 longs ... 4 losses 11 wins total 18 trades with net gain of 33 pips @ average of 1.83 pips per trade Sounds crazy to work 13 hours but I'm a forex newbie.
Depending on what you're doing in that 13 hours it isn't so crazy, I can remember studying charts and the markets for 18 hours a day when I started out. Mind you it didn't help and it wasn't healthy, I was more productive and learned more when I cut the hours right down and went back to living a 'normal' life!
I wait for price to get within 20 pips of the current daily low and trade the reversal. Based on frequency distribution of close - low, it is an exploitable edge.
Avery Horton aka 'TheRumpledOne' you are a snake oil salesman and a liar. You tout your indicators around the forums and have been banned from all but a couple of trading forums for promoting your wares and promoting the broker you work for as an IB. You offer your indicators in exchange for a minimum 'donation' of $50 which amounts to the same thing as selling, and you only do it that way so you can avoid having to write any supporting documentation or user manuals, and as a 'gift' people can't send them back for a refund when they find out they've been ripped off. Avery Horton you are a liar and a thief! Don't like the truth? Sue me!
Is English your first language? You can look up donation and selling. Cabletrader, you promote what I do more than I do. Since you mentioned that I am an IB then you should know that to be an IB, a criminal background is done. Why do you persist in your OFF TOPIC posts? Won't your ego allow others to be successful? "An ad hominem attack against an intellectual, not against an idea, is highly flattering. It indicates that the person does not have anything intelligent to say about your message." "I am not forcing you to accept my concepts. I only request the traders to review the market from time to time keeping in mind my concepts and if found suitable use in the trades or just ignore. Thanks for your opinion." ---------------- "Any fool can criticize, condemn and complain and most fools do." Benjamin Franklin ------------------ If you would like to talk about the frequency distribution of the wicks, then let's continue. As for the personal attacks and character assassinations, those are against forum rules.
Admission? 1 is greater than 0. I don't promote. Your post is OFF TOPIC. The topic is EUR/USD & GBP/USD & AUD/USD Forex Trading