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DislikedGuys, I have been trading for last 2 years, used almost all known strategies but lost 90% of my all accounts Finally, I am profitable for last 6 months. Here is my very simple strategy D1 trading only... even 4H is not reliable Indicators - SMA (5,3) and Bollinger Bands Buy/Sell - When previous candle bar has clearly crossed SMA line Stoploss - Previous candle bar Profit - Min 3 Candles Chances - 80% Do not take positions more than 10% of account value. {image}Ignored
Disliked{quote} Bk8, Thank you for sharing your system. Looking at the attached picture for the EURUSD in January 2016, could you please show me on the attached picture what are all trades you would take according to the rules, how many of them are profitable trades and how many are losing trades ? {image}Ignored
Disliked{quote} Sure alfa99, I will upload screenshots as soon as I install MT4 on my desktop or laptop. actually, My kids took off keys from all windows laptops, desktop is little slow and somehow I am unable to install MT4 on mac airIgnored
Disliked{quote} First setup was formed on 3rd Jan so we could have opened poistion on 4th jan but stoploss would trigger on 7th Jan and it would wipe off both profit candles except 25 pips. {image}Ignored
Disliked{quote} Next setup was on 7th Jan so we could take position on 8th Jan but we will have to wait till 12 Feb to trigger profit around 300 pips. does it help? {image}Ignored
DislikedThanks for sharing your system BK8. Kindly check this image whether it is a very good set up or not? For me, as per my understanding of your trading system, It is a perfect set up/ {image}Ignored
DislikedHi Everyone, I just want to compare notes. Today 29 July 2016 (GMT+8) I did not see any setup based on the trade rule at the start of my broker D1 candle. Any comment from other members? Regards LaikosIgnored
DislikedI do not follow strictly but Some senior traders give importance to BB middle line as well..e.g. in this case we can set take profit to middle line for one position incase middle line acts as resistance {image}Ignored
Disliked{image}i took these trades today. The one with check mark. The rest are carried from Yesterday. I put all my trades on 20 pips trailing stop. Based on my conversation with FXCM agent, they told me the Trailing SL is server side thing. Just FYI and help need if anyone knows: I trade using FXCM Trade Station mobile but I use MT4 Mobile to see the chart because I do not know how to do SMA(5,3) on Trade Station Mobile.Ignored
Disliked{quote} You are right, but I could not control and took little risk.. so far so good {image}Ignored
Disliked{quote} Bk8, Thank you for your reply. Could you please explain why you would not have opened positions on Jan 14 (Buy), Jan 15 (Sell), Jan 16 (Buy), Jan 22 (Sell), Jan 28 (Buy), Feb 1 (Sell), after the previous candle bars had clearly crossed SMA line according to the rules. {image}Ignored