Kolachi Method of Trading - page 3
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Weekly Performance
Month:April/May, 2007
Week:25-02nd day
Equity Change: +1.56%
Pips Pefromance:+560 pips
kolachi
Hi All,
I placed trades in euroyen, euro, yen, aussie and a few in able.Most of the week was focussed on euroyen.Here is one chart showing my trades.
This shows only long trades taken in euroyen.The blue triangles show entry and other triangles show exit.The green lines show TP.
kolachi
Hi David,
I `m one of your followers over there at your site. Unfortunately only rather seldom there, as my trading is more to longer timeframes (4hr, D, and even W). I was under the impression, that this is not a preferred timeframe for Kolachi methods. Now I read some post somewhere by jharvey, stating that some Kolachi-Traders go for TF>1hr. Is that corrrect??
Thanks
Forex37 (aka rm48)
Can somebody post Buy and Sell signal on the chart pls..
Hi rm48,
I know you very well.
If you feel any difficulty in KT then please freely PM me.
Infact Koalchi Method is applicable on all time frames from minute to monthly.Standard Koalchi Method discusses 1H timeframe because it is neither slow nor fast.It can easily be used for intratrading.
However, I personally trade on 3H or 4H.In Kolachi Academy I teach Kolachi Method as well as Kolachi Price Method based on daily and weekly charts.Once direction and market limits are decided we place entry on lower TFs like 15M or 30 M or sometime 5M.Once in trade, we can go for a position trade or intraday depending on the trader's personal qualities and ambitions.
kolachi
Hi David,
I `m one of your followers over there at your site. Unfortunately only rather seldom there, as my trading is more to longer timeframes (4hr, D, and even W). I was under the impression, that this is not a preferred timeframe for Kolachi methods. Now I read some post somewhere by jharvey, stating that some Kolachi-Traders go for TF>1hr. Is that corrrect??
Thanks
Forex37 (aka rm48)Nice,
Yesterday I posted few charts on fisherman where you can look for better explained charts.You can also read following thread for understanding:
http://kolachitrader.net/phpBB2/viewforum.php?f=75&sid=512861411f3381bc9eba92032dd136a9
As I find time I will post charts here too.
kolachi
Can somebody post Buy and Sell signal on the chart pls..
Weekly Performance
Month:May, 2007
Week:02-09th day
Equity Change: +2.43%
Pips Pefromance:+222 pips
kolachi
Weekly Performance
Month:May, 2007
Week:09-16th day
Equity Change: +2.09%
Pips Pefromance:+261 pips
kolachi
Performance of 35 Weeks
Time Period: 35 weeks
Total Pips earned in 35 weeks : +11970 pips
Average pips Count per week : +342 pips
Highest Pips in a Week : +945 pips
Lowest Pips in a Week : 0 pips
Average change in Equity per week: +2.79%
Highest Equity Change in a week : +11.15%
Lowest Equity Change in a week : -0.22% (swap deduction)
kolachi
Time Period: 35 weeks
Total Pips earned in 35 weeks : +11970 pips
Average pips Count per week : +342 pips
Highest Pips in a Week : +945 pips
Lowest Pips in a Week : 0 pips
Average change in Equity per week: +2.79%
Highest Equity Change in a week : +11.15%
Lowest Equity Change in a week : -0.22% (swap deduction)
kolachiVery impressive, in the charts i don't see red-balls (stoplosses), do you don't use them? Also, which timeframe is that one on the image you put? (that ones of oanda)
tnx