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- malachi replied Nov 13, 2017
If you do the simple math, with a strategy like this, if it works, you don't necessarily need $5k in risk capital. If you're making 16 pips worth 2.5% of the account, a 160 pip take profit represents 25% of the account. Compound with each trade, win ...
- malachi replied Nov 7, 2017
So Oanda uses MT4 which means we can use EA's. I'm having one built. It allows you to choose a time to have a trade executed along with another of other inputs it then automatically manages the order based on. Hidden stop loss option too! Also, note ...
- malachi replied Oct 30, 2017
Thanks. I'll do my best. If it goes anything like projections, here's to living like the Kardashian's in 12 months. I need $7M to bounce total. Already part of the way there. Understood on targets. Changed the auto tp and sl in my app for this week. ...
- malachi replied Oct 30, 2017
What made you decrease your profit target to 80 from 150? Do you think these specific nuances are necessary for overall profit longterm or can someone just in general swing at all red news with about a 15 pip stop and a 150 pip take profit, winning ...
- malachi replied Jul 31, 2016
A weird signal service called FXRingLeader used to have a signal service I subscribed to and they basically only played this pattern on the majors, usually short. I'd call them Blue Mice and Black Bats. I think you've got something here. This ...
- malachi replied Jul 22, 2016
tony, Why the change in the system from the first? Do you still think watching for 5 second pushes is profitable?
- malachi replied Aug 25, 2015
Similar setup here for scalping. Essentially price action with a bit of help. First we have a range chart then we have a one minute chart. Both have the same things applied. We see supply and demand levels, fractals for higher highs and lower lows, ...
- malachi replied Aug 23, 2015
Right. So, as I said, that which is assumed by retail typically gets moved against for sometime, as they are attempting to gather as much capital as possible for the drop.
- malachi replied Aug 23, 2015
My Father was an institutional trader who went rogue. He began teaching me how to live off the market at a very young age. I placed my first trade in his account at the age of 8 or 9 years old. He is no longer with us but I have his journals.
- malachi replied Aug 23, 2015
I just realized how similar this is to the idea of RSI's 20/80 lines.
- malachi replied Aug 23, 2015
I've been watching the trader sentiment here on Forex Factory. I'm interested in it because literally price seems to do the opposite of it. Does the sentiment on FF show retail sentiment? If this is the case, that retailers typically lose, then ...
- Posts by Member Search: 'malachi'