harold4x

your step rsi have in some timeframes mistakes. the period rsi is missing in some timeframes.



trader1984

hi kalenzo i agree whole heartly with the post you share but there must be rules of entry and rules of exit no matter what trading style is chosen as i have said in other posts money mgmt is the key to profit in long run which brings me to the point that i agree risk to reward if you have a style that brings you 60 percent or better you can have 34 pip stop 34 pip gain and make money consistently if percentage is lower 34 pip stop must have 68 pip wins

Hi..Kalenzo

ur words are 101% true...i used to be the same one on my begining..now started to learn & designed my own system...perhaps..

i think a system with permanent exit and entry rules..with good yield is not possible...because all the things are changing...our system must be most responsive to the changes.. i here try to make my own system such as Logical based Longterm System..with good target (around +75 to +100 per trade...)..

(sorry for my bad english... )

Bye for now

Thanks eric79 - I will first try this NorthFinance and compare it to FXCM (where I trade)
Before CatFX I didn't know Metatrader - but up to now, it seems to be a nice tool. Perhaps I start an additonal real account at a broker who offers Metatrader as a trading station.

mibl

__________________
Never trade with money which you need to make a living *** I trade with my money based on my decisions *** Please decide for yourself.

Hi Kalenzo,

real true words - but unfortunately that is an experience everyone must make for him/herself.
It's like education of kids - if you are a kid you don't want to hear the mostly good advices from your parents - if you grow there is a time when you recognize that it could have been easier in life if you had followed these. If you are father/mother for yourself you don't understand why the kids want to get the similar trouble as you had although they need not.

On the other side - you must start with any kind of " plan" if you want to "grow up" from a beginner demo trader to a more durable profilable trader. As I said before in another posting - the successful traders (not many) I know all trade with a trading plan based on a smaller or bigger portion of the discretion factor. Unfortunately there is no Holy Grail besides discretion and market knowledge.

Best wishes
mibl

__________________
Never trade with money which you need to make a living *** I trade with my money based on my decisions *** Please decide for yourself.

Yes mibl, this is a good compare.
I only want to say that those words are not my, they was writen by radicalmoses and U can read full post by clicking the link that I attached with my reply, but as we know, this is a shot in 10.

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You need proffesional mql coder? Contact me! I will help you!
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"for most people, CatFX50 will never be profitable in the long run. "
sorry for my silly question, what we really need?

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DENNY

Good Morning!

Just my view about market. A view as worthy as others:

Market is completly dangerous. It is very risky to trade.

Eurusd has this range: 1.1929/74 to 1.1890/49.

Gbpusd: 1.7473/1.7511 to 1.7412/1.7369/1.7331/1.7304 and 1.7372.

Usdchf: 1.3140/1.3153/1.3173 to 1.3099/1.3057/1.3028.

I think that as long as USDCHF keeps trading above 1.3099, EURUSD should retest lows.

Good luck!

Nina

@ Kalenzo: I know

@ dennyb: See my post #1452

@ all:
USDCHF could be interpreted as a "formal" but risky short. StepMA_Stoch is "on the line"

__________________
Never trade with money which you need to make a living *** I trade with my money based on my decisions *** Please decide for yourself.

Couldn't have been posted earlier?

He, he.

Nina