Hi Toto Please explain about it. I still dont get it.
Please....
Thank you
Maybe a brief setup, if there's a big candle so u better stay out of the market bcos sometimes a correction is beginning and u will loosing cash... so thats that the was, attempt this in a demo and in around a few week u will devoloping a watch for the entries finish the leaves... that the egie builds only the foundation.
Ii heard from so many traders that they make the same profits like me, a few traders create more pips than me, or so the egie works,
look at relly clear signals and go in
To doug,
if u can send me the backtest, perhaps I can watch the parameters use and try to make it a litle more successful, withch software do u use for that?
Maybe we could find a way to put the loosers away;-)
There were 65 trade opportunities in 7 trading times and it ended 144 pips in front earning 2.2 pips each trade on average. If it continued to achieve this and has been autotraded to ch every move you will get 20 pips every day. With an average risk of 18 pips per transaction, it's this still the most profitable system I've ever seen. Looks like some more rules are required to match Toto's achievement however. We will need to hear further from the writer as to how he attained 139 trades with only 1 loss using a mechanical system since that outcome is a puzzle to me. Failing that, I am more than pleased to persevere with the improvement of this procedure
I truly need to understand how to use this 5 minute charts to scalp, I have been attempting entering when the candle isn't touching the 10 EMA, how can I spot if to input. Each of the people that are explaining it addressing the issue for example professional. I am a beginner. PLS HELP!!!
Long setup:
await an up candle between the trend and await another candle if another candle startet to be negativ, then there is a resistance to break upper the candle.
Wait till the negative candle is completed then u can go long 1 pip within the long candle, set cease on the low of this up candle, and then await a few pips. Take your profit if u watch another resitance...
I trade this because many mounth with an winner rate of 85%, sometimes I take just 5 pips but its sufficient... becos its a very safe method of trading.
That I would like you to explain wait for an up candle between the fad and what do you mean by when there is a resistance candle? Please help my display name is. Thank you.
I would love to educate you but I dont understand how to exchange this safely - I had a couple of wins at the beginning and got excited but was luck. This is a discretionary method which requires experience to allow it to be profitable. Toto plays the trade live and leaves on texture. He takes much less profit than the stop he uses and should you attempt to do this as a beginner you'll get slaughtered. Scalping is the toughest trading style to master. The odds against success are HUGE. Without knowing the way to do this procedure it will kill you quickly and also the only way you're going to find out is to practice. I want rules to follow which have a positive expectancy and none exist for this technique, except at the backtest program that achieved 138 winners out of 139 trades. I have a feeling we'll never find out what principles were used to attain this because if accurate, that advice is priceless.
If I was going to teach a beginner anything it'd be this - The most brilliant minds on the planet, with millions of dollars of financing, using the most advanced technology available, working around the clock at te, still manage to lose huge sums of money trying to beat the market - How much are you ready to do? How far can you go? - winning this match will take everything youve got and much more. Start with patience, exchange a micro account at 10 cents a pip for at least a year and find out everything you can about trading plogy, risk management and working in proababilities. If you do this you'll be in with a chance of succeeding. If you dont do this and start trading live without knowing what its about, you may lose, continuously, until you eventually give up