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Ishtana

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Posts posted by Ishtana

  1. I've just recently found this old ebook trading system, but seems interesting. Thank you if anyone willing to share this.

     

    http://www.oldschoolforex.com/oldschoolfx.html

     

    Old School Forex

     

    You will be trading manually (which, by the way, is exactly the same way bank traders, fund traders and successful day-traders do it!)...

     

    You are not required to install any special software or any particular trading platform – you can get started right away with whatever charts and broker you’re using already!

    You can trade any pair, any timeframe – if you work a day-job then you can trade it on the higher timeframes spending literally just a few minutes a day in front of the screen!

    The author covers specifically when to get in and when to get out – He does not leave you to “fend for yourself” ...he gives it to you step-by-step!

    He explains the reason behind every part of the method – this way you have 100% confidence in why we do what we do at every point during a trade setup, management and exit!

    You can demo this method exactly the same you trade live – this guarantees that you’re not going to lose any money when starting out!

    No screens full of complicated indicators – the method is extremely simple so even newer traders will be up-and-running-and-trading right away!

  2. BO is indeed one of the best strategies in the forex world. It is a matter of concept that sets one BO strategy to another. There are many BO strategies. It could be static, could be dynamic, could be time sensitive, could be trend line BO, etc. That's why I want to know what kind of BO trading this is.

     

    I'm very thankful if someone can share it here.

  3. Hmm.. Indeed this seems to be the best of KD's systems so far. It's a matter of setting the timing right with your broker. I've backtested this breakout strategy and I can see the potential. The beginning and the end of the day are usually quiet. BUT 2 things I notice: The TP can go as far as the NY session. The TP of 50 is only possible in the extreme cases. Anyone willing to give KD a second chance? Uh I mean, a hundredth chance? =)
  4. Hey guys,

     

    I'm looking for 2 indis:

     

    1) One that historically and visually plots the ADR upper and lower lines.

    2) One that historically and visually plots the news.

     

    I think everyone will benefit using these indicators when backtesting and studying past charts.

     

    I often find funny looking price action that messed up the indis only to realize that it was the day of red news release.

     

    Thanks guys.

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