Anti-Martingale Hedge System: 490 Pips No Drawdown - page 8
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Any chance you tell us what each of those lines is representing? Thanking You in Advance.
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YOUalready know !
LOL
mp
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YOUalready know !
LOL
mpBe nice and share, MP!!
Woww just coming back to check at lunch time and the thread is heading into the right direction, thanks Doragio and Dreamliner.
The sequence you highlighted definitivly save half the spread and ensure that each day you invest in the market your profit is 0.1 lot no matter when the serie stops.
The sequence is 0.1 | 0.3 | 0.7 | 1.5 | 3.1 | etc...
. . .
Hi Sunwest:
what if market hits buy trades SL and yet to reach TP on sell trades and turns around hitting SL on sell trades. then you got "L"s on both buy and sell.
what would you do in this case?
thanks.
Hi MP6140, I appreciate your contribution and agree with your conclusion here.
What is the slickest trading around, as is evidenced by your chart? Can you explain? Is this the "beer fund" trading of 10 pips long and 10 pips short that you refer to in the other thread?
dreamliner
Im having VERY SERIOUS doubts here - - - - - - -
"gambling" techniques based on hope and luck have no bearing on the well orchestrated moves of the forex pairs and to apply them shows a complete lack of knowledge as to how forex works.
Many words can be expounded to explain forex, but the easiest is that its a "trending" trading instrument that ALWAYS wants to get back to trend, simply because the banks are holding LONG range holds and the faster a currency returns to that trend, the faster they get on with making money on the longer range plays.
not to say they are not trading the "interrupted" trends of the news reports, but thats a whole different group of traders !
If you observe a currency, its movement within the LRC channels, and its trend, you can nail the tp points within a pip if need be --- Ive certainly shown you HOW to do that often enough !
Forex requires some learning, but armed with the correct tools and a modicum of intelligence, its all pretty simple.
its so simple that ive got a "beer trade" on GU that earns $1500 a week, every week, week after week ----- and i dont even pay attention to it.
EVERYONE seems to think that forex is hard, but its only hard if you dont have the experience to read its very visible road map ---- a little knowledge of trends, time of day for reversals and support and resistance, and you too will be able to get away from some of these silly ideas and probably make money like the rest of us ~
IF YOU WISH TO SEE HOW FOREX REALLY WORKS, check out the chart below --- its not brain surgery, but one of the slickest, neatest and easiest trading around !
i wish you luck in your education and it appears you will need it, but leave las vegas out of it !
enjoy and trade well
mpAny ss from live account?
Very Strange Next day trend prediction technique!
The participants seem to have abandon this concept after realizing that it was truly a complicated and flawed method to determine which direction the price trend would be the next day.
Basically, use the trade outcome from a Demo account to decide weather to trade Long or Short on your Live Acct!
Most traders typically use a trend indicator or combination of trend analysis techniques that span a larger amount of data and not base trend on one trade outcome.
Short explanation from earlier answers to questions:
Day1 - On a Demo Acct, Execute both a Long & Short and set both with a TP=30pips and SL=30pips. Just prior to 24 hours later, determine if the Long or the Short trade won.
Day2 - On a Live Acct, Execute the same winning trade from Day 1 (Long or Short).
On the Demo Acct, Repeat the two opposite trades as Day 1 except:
Increase x2 of the Trade that was a Winner on Day1 (Long or Short)
As can be seen the Demo account trade outcome of the prior day is suppose to indicate what the next day trade direction is! The strange parts is that, how can one base trend direction from a single 30 Pip trade?
The other strange thing is the people who thought up this strategy seemed to have seen a profitable outcome for at least one 20-day period.
The other element that became clear was how misleading the Title of the technique was. It was not an Anti-Martingale technique since it required a progressive increase of the Lot sizes of your Live Acct if you had a string of Losses. Thats the Martingale trademark!