Originally Posted by jborgesnm

I have been using Dolly for a few week. I am combining a few strategies I use MTF_CCI with a time frame of 1440 to get the daily overall direction (kind of need a better indicator as it sometimes fails). I also use KIS_AVG to get a sense of the next day hi/lo. Super 8 Filter to get the overall trend. A color changing price indicator to enter long (only when the direction is down and Super 8 Filter is blue. I use e-trailing to lock in 10 pips as lock 5 pips every time it can.

Once I hit the the Dolly Sell or Buy area, I still lock the 10 pips but let e-trailing run with the defaults.

My overall plan is to collect 20 pips per currency per day when possible.

Does this sound logical to the senior members or can I improve on this strategy.

Regards,

JBorgesNM


I have been following this Thread for a while and appreciate the effort and the FREE advice here. In this day of Thanksgiving, thanks to everyone who support the effort here. I have learned more with you that on the dozens of book I have read

Originally Posted by jborgesnm

My overall plan is to collect 20 pips per currency per day when possible.

Does this sound logical to the senior members or can I improve on this strategy.

Regards,

JBorgesNM


I have been following this Thread for a while and appreciate the effort and the FREE advice here. In this day of Thanksgiving, thanks to everyone who support the effort here. I have learned more with you that on the dozens of book I have read

Originally Posted by benitohau

Collect 20 pips per currency per day?
Impossible! There isn't a system with 100% right.
But Dolly has high probabilty for that! (85% I think)
Then the rest (15%) depend on three important parts of trading.
They are discipline, discipline and discipline.

Named it:
Money management? still need discipline to apply
Psychology? included discipline in it
the third part? .... just look into your soul and ask yourself "Am I disciplined trader?"

Hope this help!