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- Ozymandias replied Jun 8, 2022
Back tested the Reversal Diamond, and boy, it is a STRUGGLE to make money with it. The win rate is around 35%, depending on what currency pair being traded, but the average was about 35% wins, 65% losses. With the Risk:Reward ration of 1:3 as the ...
- Ozymandias replied Mar 15, 2019
Hi All, I believe that very careful thought about settings for the EA will be crucial and will make all the difference. I believe it has potential. Would it be appropriate to ask questions about those settings here or would this be not be in line ...
- Ozymandias replied Feb 24, 2019
Hi, mrdfx, I have read this over and over and thought I had it; clearly not. So correct me if I'm wrong (again): the pivot levels (S61, 78, 100 and R61, 78, 100) EACH have THEIR OWN pivot zones. So: S61 pivot zone would be S61 +/- 12ish pips (for a ...
- Ozymandias replied Feb 19, 2019
Soooo....where are we on this? Should we be doing something that would help?
- Ozymandias replied Feb 19, 2019
Are you serious?!! This was NOT bickering. These are legitimate questions that have persisted and persisted because your answers are always CONTRADICTORY! You say trade with the trend, then show examples that are OBVIOUSLY counter trend (major trend ...
- Ozymandias replied Feb 15, 2019
Nah, you're wrong. It's presented as stand alone as they come. YOU, however, should partake of a valium and donate your acidic keyboard to a high school that could use used computer equipment. Oh, and I almost forgot....LOL
- Ozymandias replied Feb 15, 2019
I believe you hit the nail on the head here. If these questions were answered, MOST of the questions being asked here (and headaches) would disappear.
- Ozymandias replied Feb 14, 2019
Hi Again, Yup, I read that and thought I was operating within those guidelines. All ZZ arrows were outside the 38 levels and within the 100 levels. Does within the pivot level zone (0-25 pips) mean that price (at the ZZ arrow) must be at least 25 ...
- Ozymandias replied Feb 14, 2019
At the time of the ZZ, price was outside of the 38 levels and below the 100 levels
- Ozymandias replied Feb 14, 2019
Thanks for the reply. Unfortunately I cut the SL too close and got taken out on two of them. the other one just clobbered me. Can you tell me why the the 3rd setup (GBPCAD) didn't look valid? The ZZ was outside the S38 and the jsrx had enetred the ...
- Ozymandias replied Feb 13, 2019
Then move on and stop being a distraction here. Apply your brilliance to your own thread.
- Ozymandias replied Feb 13, 2019
I don't think anyone said the setup has to be PERFECT, it just needs to be RIGHT. According to FXCyborg, it is very, very important for both candles to be at least close to the same size; if they're not, pass on the trade. That's pretty easy to ...
- Ozymandias replied Feb 13, 2019
One more question Has anyone tried using an opposite valid signal as a TP? I know it is mentioed on the first page as a valid way to exit a trade but just wanted to know if anyone has tried it and what the results are? I will be trying this ...
- Ozymandias replied Feb 13, 2019
These three are close to producing valid signals. What do you think? image image image
- Ozymandias replied Feb 13, 2019
Hi All, I am just starting to actually trade this method (on Demo) and will be using the EA as an alerter. Once I receive an alert, I will check the chart and see if I like it. I have two questions though: 1. On the EA, what is the MBFX setting? Is ...
- Ozymandias replied Feb 12, 2019
Right. FXC called the NZDJPY setup valid in post 53. And he called the EURCAD setup I mentioned earlier valid in post 59. So I'm left confused; not angry, doubting or negative, just confused.
- Ozymandias replied Feb 12, 2019
Hello All........I am new to this thread but am really struggling with one point: does the trend matter or not? I'm an intelligent fellow. I read the words. I understand the words. And I think I've got it. And then comes along chart examples that ...
- Ozymandias replied Feb 11, 2019
I am with FXChoice. Commissions are $7.00 per 1.0 lot trade round trip. I believe it seems high on my statements because it is a CAD account and not USD.....something I will be changing shortly just for ease of accounting.
- Ozymandias replied Feb 4, 2019
Looks like a nice big accumulation period, so price really can go either way. We won't know until Big Money makes their move
- Ozymandias replied Feb 4, 2019
FYI: I am continuing to test EA 1.2 and 1.3 ...... unless there is no further point?