This thread will be similiar to the other thread i have started here @ http://indo-investasi.com/showthread.php/8174-Naked-charts-with-trendlines-only
but posts will not be based on higher time frames. we will be looking at m15 charts and possibly hourly charts only here.
WE DO NOT ADD TO LOOSING POSITIONS AT ANY STAGE.
Money management is a maximum of 10% exposure at any given time and a minimum 1:2 risk:reward per trade, if this is not possible no trade is entered. Account is $1k in size and lotsize will be limited to 0.02 at maximum per trade
I will be avoiding what is to be considered high impact news and will be flat 30minutes before said news. Medium or low impact will be ignored. For a good economic calendar please use http://www.dailyfx.com/calendar/ rather than http://www.forexfactory.com/calendar/ the reason for this is FF often displays news as Tentative while DFX shows the actual time, i also feel FF displays some news as high impact when DFX displays it as low or medium at best. In my experience DFX is more accurate in defining the impact the news will have on the markets.
All pairs that i consider tradable due to trends / volatilty and spreads will be covered, which will be a maximum of 15 pairs at any given time, so plenty of potential.
Please be aware that if you decide to follow any of these setups at any stage with real money you accept responsibility for any and all trades placed on your account. Dont come crying if you loose money simply because the markets did what they wanted or you over leveraged your trade(s)
No i have not started a demo for this, is i recieve some requests i will do so but until then the only demo will be on the formentioned thread.
With that being said on with the show
but posts will not be based on higher time frames. we will be looking at m15 charts and possibly hourly charts only here.
WE DO NOT ADD TO LOOSING POSITIONS AT ANY STAGE.
Money management is a maximum of 10% exposure at any given time and a minimum 1:2 risk:reward per trade, if this is not possible no trade is entered. Account is $1k in size and lotsize will be limited to 0.02 at maximum per trade
I will be avoiding what is to be considered high impact news and will be flat 30minutes before said news. Medium or low impact will be ignored. For a good economic calendar please use http://www.dailyfx.com/calendar/ rather than http://www.forexfactory.com/calendar/ the reason for this is FF often displays news as Tentative while DFX shows the actual time, i also feel FF displays some news as high impact when DFX displays it as low or medium at best. In my experience DFX is more accurate in defining the impact the news will have on the markets.
All pairs that i consider tradable due to trends / volatilty and spreads will be covered, which will be a maximum of 15 pairs at any given time, so plenty of potential.
Please be aware that if you decide to follow any of these setups at any stage with real money you accept responsibility for any and all trades placed on your account. Dont come crying if you loose money simply because the markets did what they wanted or you over leveraged your trade(s)
No i have not started a demo for this, is i recieve some requests i will do so but until then the only demo will be on the formentioned thread.
With that being said on with the show
Code:
http://www.myfxbook.com/members/syk1kz/alpari-uk-noexpire/45200
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