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Originally Posted by ANCOLL
I recomend a stoploss of SL - 100 pips, it's better with stop loss then going crazy with no protection at all.. 
Just a single piece of advise. |
I would recomend that as well... but I don't do it ... lets see how long will it take for me to burn this account
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Originally Posted by Oligarh
Zeman do you short now UCAD ?
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KusKus did not give a signal on this pair ++++ Looking at the GMACD , the monthly the weekly the daily and the 4Hour are all green that mean its an up trend I won't go against the trend .. so NO my friend ... simple rules KusKus first then ... go with the trend ...
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Originally Posted by Woodcrusher
Hi Mini,
trying ur system. I found that EUR/CHF is short today. At 0.00 CET all was short, BUT after a while, when it went like 2-3 pips up, also H4 and D1 turned green, which was a bit scary for me.
You have a fixed day time, when to decide and then let the trade just alone?
BTW it looks fine now with my trade.
And thanks for your contribution.
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Even with KusKus the market sometimes goes against us ... personally I let the market goes 30 pips and more against me If I trade a pair with a good swap and I know my trend ... that’s why you need money management ... YES you have a point the daily sometimes change color against the 4H .... I have no solution for that I just log and look at my charts if they look good I trade if not then I pass …
This is manual trading system so you really need to know the trend patterns ...know the fib levels ..The S&R .. see post #599
The reasons why I trade with Kuskus, Trend and no stoploss are :
1- The 3 KusKus indicators are a good indication to the market direction, however sometimes we get false entry points, in my attempt to avoid these false entry points I look at the charts and analyze them .. I was trying to make things simple for my colleague’s traders who don’t look at the charts and just at the indicators … I did that by asking them to look at the GMACD 4H and D1 trend, that should increase their chances in winning and avoid losses…
2-Why no stoploss … as I said 3 indicators from KusKus are a good indication for the market direction add to that the trend direction then, hopefully we will be able to achieve 15 pips out of that and that’s where the trailing stop place the first stoploss .. Why I don’t put a target and only trailing stop is because I don’t watch the market all the time and I want to get the maximum out of my trades … I hope this will answer lots of the questions