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since few months I testing this ( simple?) system based on Heiken, laguerre and cci. Th system gives great profits ( may be too much) that sometimes I just think it s all luck.lol
somehow I understood why but I am sure friends here will have a better idea.
So if anyone can tell how to attach a pic to explain I will share and may be think bout an EA??
Good forex folks
since few months I testing this ( simple?) system based on Heiken, laguerre and cci. Th system gives great profits ( may be too much) that sometimes I just think it s all luck.lol
somehow I understood why but I am sure friends here will have a better idea.
So if anyone can tell how to attach a pic to explain I will share and may be think bout an EA??
Good forex folks
Hi Moebius,
Maybe you have to post more messages before you can attach pics or files.
STEP 2 : When a Fractal appears on a CANDLE (let’s say Candle 1) wait for the Candle 2 to close.
STEP 3 : Now this is important …
Look at Candle 2 “body” close
… is it above or below (Fractal Candle) Candle 1 body ... open or close either side of Candle 1 … the "body of Candle 2 must Clearly" be above or below of Candle 1)
… take that direction trade "on Candle 3 open/ start".
For more clarification look at the attached image.
STEP 4 :
Target Profit :: 1 to 5+ pips … (remember this is a SCALPING Method)
S/L :: 15 pips
Trading Time :: Any time of the day (I personally avoid beginning and ending of the trading day)
The MOST IMPORTANT Final Step:
BACK TEST IT.
PRACTICE IT.
Add or change whatever you like.
This is just an idea for you guys … Learn from it or Leave it but please keep your focus on trading and positive contribution.
Any and all ideas and comments are welcome but as I said please the focus must be on trading.
since few months I testing this ( simple?) system based on Heiken, laguerre and cci. Th system gives great profits ( may be too much) that sometimes I just think it s all luck.lol
somehow I understood why but I am sure friends here will have a better idea.
So if anyone can tell how to attach a pic to explain I will share and may be think bout an EA??
Good forex folks
I have my own system, I don't know is this scalp system or what.
But for my self it's more easy to understand the moving of the price.
ServerUang (or anyone else that might know), that is a really nice Pivot Point Indicator you have on the left side of your chart. Do you mind sharing it or letting me know the name of it?
Scalping on indicators is gambling.
Why? The indicators are calculating prices based on decision over 100,000 traders over the world,
and more as half of million trades every minute. Real price is fare away.
You can not scalp on "deja vue".
Scalping on indicators is gambling.
Why? The indicators are calculating prices based on decision over 100,000 traders over the world,
and more as half of million trades every minute. Real price is fare away.
You can not scalp on "deja vue".
i would say that all trading (indicators or sole price action based) is some kind of gambling. so the point is to find a profitable "gambling" strategy (i.e. one with a positive expectation.)