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lud

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Posts posted by lud

  1. right, it´s high probability gambling - there are two methodes_

     

    ultra long time frame and holding times 4h charts to weekly to eleminate all the whipsaw

     

    or

     

    ultra short scalping in tick to 1min chart to reduce market exposure.

     

    the discussed system is something different but reducs risk through use of hedge positions and small SL, it definatly makes sense adn therefor I ´ll investigate something more.

  2. i´m just figuring this out. need to invest more time to find this out, but the best ranges form throughout the asia session and mostly break out between 1 hour before and 1 hour after londeon open. since this is my trading time I can´t concentrate enough on this.

     

    will try to figure it out but also tend to prefer the one side only. other thing is when taking both directions you need pretty narrow ranges, EJ 40 and have to look for the daily range it has already undergone.

     

    sebastian wrote he has now 400%, maybe I´m too sceptic, but since he never wrote about the promised notary statement I have some doubts.

     

    somebody should enter the skype chat to figure it out, anybody?

  3. I´ve used it with 15 pip steps and although whipsawing it worked out most of the time, maybe it was just luck, but definitaly some very long trading sessions !

     

    as long as you only have trades in one direction you should adjust the additonal orders with progessively smaller lots 1/0.8/0.6/... - when in good profit simply close all out- hit and run trading !

  4. a quick summary of his last post:

     

    he lost US 211 in his last session due to some illness he quitted trading for that day. he claims that this losing position would have be a winner if he had keep on trading but anyhow.

     

    I contacted him but never get a response, I want to see the promised notary statement . his system woks for sure, but how profitable I have to question. with those tight stops you get stopped out pretty often . most important is the range, which imho should be very small, ofetn found after asia session beginning 1 hour before london. other than that it is just the old darvas box trading combined with averaging up.

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