Thread: Looking for Real Trading Method

Originally Posted by ;

quote is not it direction method?? And foundation on NO indi

The answer is Yes and No, if by direction method you mean trade management. Transactions won't require trade direction but collectively you'll need to handle the portfolio that is comprehensive.

Again the Solution is Yes and No for utilizing indiors. Indiors provide information it's up to the consumer to act or not according to this info. I use several tools to test what's happening but do not use any instrument in most situations or always. I place least importance. They just provide few bits of information and statistics that's difficult for me to get by watching naked charts and the quotation board.

I do sometimes gamble, but mainly search to both of these things before closing or taking a transaction. 1) Logic, why I want to go long or short on this specific pair. By logic I do not mean that a logic based on technicals, but what is happening in the world. 2) Timing of those trades. There is no point in being appropriate at wrong time. For example, I went on USD/JPY for 1,000 pips as it was around 107.00, saw 350 positive pips but afterwards got stopped outside. My logic for this bias that is short is that this market cannot sustain that price distortion . The time wasn't right. This pair is now at 116.00, will again short this pair for 1,000 pips but in the ideal time but have no idea . However will trade session .

Originally Posted by ;

quote The answer is Yes and No, if by direction method you intend trade management. You'll have to handle the complete portfolio although transactions will not need trade direction but. Again the solution is Yes and No for utilizing indiors. Indiors provide information it's up to the user or not based on this info. I use several tools to test what is currently going on but don't use any tool consistently or in all situations. I put least importance. They just provide few more bits of information...

That is precisely what I thought,there is no fix set of rules, logic yes, indi for me no only charts, what is more interesting, with passing of time charts pattern change there behaviour a little. One I playing with it, is altered his behaviour I fix my trade with it together with the time some adjustment is also needed by the indis otherwise they will be reduction there usefulness.
best regards.

Post If euro drops from 1.3900 and receives a 50-pip or larger bounce from 1.3800, short this bounce anywhere from 1.3850 into 1.3900 using a profit target of 1.3700. Stop Loss (SL) few pips above 1.3900. Typically, for 0.25percent risk, the payoff will be 0.75percent or more.


Working with this scenario, the old pattern proves that price reversal start around 1.3850-75 place, but now the majority of time price reach around 1.3900 place even above few pips. So trade base on pattern become losing commerce.

Hi,
This thread has got me rather excited, since I find this trading system that you're describing is rather much like a method I have invented some time ago. From my few years of trading FX, never have I stuck to a system but it is my holy grail. Allow me to share just a tiny bit of it.

My method works on 3 fundamental principles:
1. All transactions don't possess SL -- All open positions are closed with a profit or are not shut.
2. Money management -- every trade takes up just a very small fraction of my entire account balance
3. Trade a few currency pairs (up to 9 for me) with some significance in different directions so as to mitigate the risk associated with not having stop loss.

Due to rule no 1, I can chalk up a web unrealised loss of up to 2000 days my realised profit at the beginning of applying this system, but my net realised profit will continue rising over time.

Due to rule no 3 and 2, once I've built up a portfolio and an equilibrium is established, my net unrealised loss will always fluctuate within a range irrespective of the way the market moves, and it'll never be big enough to result in a margin call. So while my net unrealised loss is shifting within a manageable range, my realised profit keeps creeping such that ratio of realised profit to unrealised loss increases slowly from 1:2000 to 1:500 into 1:100 to 1:1(break even point) and from then onwards, it goes on to 2:1, 3:1, 4:1 etc.

This method does not require me to look at charts or see the news, and it allows me to earn a massive margin of error within my trade. Reading charts and interpreting news correctly would of course raise my rate of making profit. There is also some similarity between the milipede egy and this method that I saw in another thread. Because rule my yields per annum is only about 25% at the most, but nevertheless it's something that gives me the confident in my trading and works for me.

Hi guys,
I'd love to invite you to my new thread where I post regular new intraday trading levels. I utilize price action, market profile and orderflow to create them. You can see if this method works for you.
Here is your thread:https://www.forexsoutheast.asia/cryp...ze-indior.html
You are all welcome there!

Joyful trading
Dale

Hi Bhai

I don't know if you will ever read this post of mine. I have been following you out from Merlin's AMAMZING startegy!!! ( see I did it AMAZING all in capitals and those three exclamation marks ) .Read virtually each post of yours several times trying to decipher your sarcasm and if the ribbon was a true joke or differently.

It's actually great to know you have seen the light the others are aspiring for.
With due regard to your responsibility to your own mentor of not revealing the EQUATION to anyone,is there some risk that you
may show some directions, suggest some reading stuff for the fellow traders that are still in the dark but willing to work really hard?
There are some very good but not many kind souls in FF here that from time to time attempt to enlighten the FF members through their analogies and also to name a a handful of them are Crucialpoint, Pipalicious,Sisphyus,Moneyzilla (of course they don't spoonfeed or share their own findings with anyone,which is very appropriate )

Anyways, best of luck to you .Khsuh ar abaad rahen mere bhai.

PS: One final petition Kia waqai mai AMAZING egy!!! aik mazaq hai ? Kioon ke main 2 hafte lagatar usko samazhne ki koshish kar raha hoon, almost 12 - 12 ghante roz, Please sirf itna bata den ke yeh egy jo ke aik riddle hai mazaq hai ya haqeeat hai, agar haqeeat hai into mai dobara attempt shooroo kar doon ga

YOU SEE CHICKY BHAI I AM NOT A QUITTER EITHER. : )

No, there is nothing similar to Holy Grail in Forex company! Whatever, in my 1st year of trading I used over 50 indiors established procedures but no fantastic result! Yes I used default in addition to custom made indiors! I visit, indiors reveal entry point recently! This is way my trading chart is free! I use here by news trading knowledge and experience!