What is your trading strategy ?

Oct 27, 2017 at 10:14
8,916 Views
137 Replies
Member Since Sep 26, 2018   9 posts
Sep 26, 2018 at 10:29
Scotty888 posted:
Charts patterns all the way for me. Price action is king. Double top and double bottoms is my preferred strategy

Me too, price is the only way to trade. As you say it is king. I like hourly what about you? Daily is too long and lower than hourly is too many false signal
Member Since Sep 16, 2009   190 posts
Sep 26, 2018 at 13:57
As a trader and programmer since 15 years ago, I have had the chance to try and code hundreds of strategies. Always trying to make it simple but almost nothing work.
At the last 2 years I come with the idea to make a group of interested traders on Skype to develop one of my EAs who made 184% in 8 days then 420% in just the next 4 dsys but later the profit start going up and down which means we can't rely on it. It was named by Candle-Breakout ea. We are now 24 group members. We are almost one year working on it. The project lead to many ideas and finally we are working on Currency Strengths... It gives great results (some times)... (tp=5 pips... sl=50 pips)...
Here is one of members report..
.
Results for today

First account
Pepperstone demo standard
Strength =0.20
Total trades =111 trades
Winning =107
Loss=4
Profit 2886$
1 lot trades

Second account
Pepperstone demo standard
Strength =0.15
Total trades =133
Winning =128
Loss=5
Profit=3407$
1 lot trades

When you come to the topic of currency strength in trading you will find everything is logical, specially when you see that most of the trades close faster than you used too.
But sometimes you find the market is not going the way you used to it. So, our main work now is to find when to use currency strength the efficient way to finish this project as soon as we can.
I advise to not neglect this topic. It is very profitable if you play it right.
... oshaban ... skype: oshaban27 ...
Member Since Feb 22, 2011   4862 posts
Sep 26, 2018 at 14:54
oshaban posted:
As a trader and programmer since 15 years ago, I have had the chance to try and code hundreds of strategies. Always trying to make it simple but almost nothing work.
At the last 2 years I come with the idea to make a group of interested traders on Skype to develop one of my EAs who made 184% in 8 days then 420% in just the next 4 dsys but later the profit start going up and down which means we can't rely on it. It was named by Candle-Breakout ea. We are now 24 group members. We are almost one year working on it. The project lead to many ideas and finally we are working on Currency Strengths... It gives great results (some times)... (tp=5 pips... sl=50 pips)...
Here is one of members report..
.
Results for today

First account
Pepperstone demo standard
Strength =0.20
Total trades =111 trades
Winning =107
Loss=4
Profit 2886$
1 lot trades

Second account
Pepperstone demo standard
Strength =0.15
Total trades =133
Winning =128
Loss=5
Profit=3407$
1 lot trades

When you come to the topic of currency strength in trading you will find everything is logical, specially when you see that most of the trades close faster than you used too.
But sometimes you find the market is not going the way you used to it. So, our main work now is to find when to use currency strength the efficient way to finish this project as soon as we can.
I advise to not neglect this topic. It is very profitable if you play it right.
Sounds interesting.
When market goes against your strength analyses could it be fundamentals [or trump] influence?
How do you solve that in backtets?
Member Since Sep 16, 2009   190 posts
Sep 27, 2018 at 10:59
togr posted:
oshaban posted:
As a trader and programmer since 15 years ago, I have had the chance to try and code hundreds of strategies. Always trying to make it simple but almost nothing work.
At the last 2 years I come with the idea to make a group of interested traders on Skype to develop one of my EAs who made 184% in 8 days then 420% in just the next 4 dsys but later the profit start going up and down which means we can't rely on it. It was named by Candle-Breakout ea. We are now 24 group members. We are almost one year working on it. The project lead to many ideas and finally we are working on Currency Strengths... It gives great results (some times)... (tp=5 pips... sl=50 pips)...
Here is one of members report..
.
Results for today

First account
Pepperstone demo standard
Strength =0.20
Total trades =111 trades
Winning =107
Loss=4
Profit 2886$
1 lot trades

Second account
Pepperstone demo standard
Strength =0.15
Total trades =133
Winning =128
Loss=5
Profit=3407$
1 lot trades

When you come to the topic of currency strength in trading you will find everything is logical, specially when you see that most of the trades close faster than you used too.
But sometimes you find the market is not going the way you used to it. So, our main work now is to find when to use currency strength the efficient way to finish this project as soon as we can.
I advise to not neglect this topic. It is very profitable if you play it right.
Sounds interesting.
When market goes against your strength analyses could it be fundamentals [or trump] influence?
How do you solve that in backtets?

Just wait to either hit tp or sl!
... oshaban ... skype: oshaban27 ...
Member Since Feb 22, 2011   4862 posts
Sep 27, 2018 at 11:26
oshaban posted:
togr posted:
oshaban posted:
As a trader and programmer since 15 years ago, I have had the chance to try and code hundreds of strategies. Always trying to make it simple but almost nothing work.
At the last 2 years I come with the idea to make a group of interested traders on Skype to develop one of my EAs who made 184% in 8 days then 420% in just the next 4 dsys but later the profit start going up and down which means we can't rely on it. It was named by Candle-Breakout ea. We are now 24 group members. We are almost one year working on it. The project lead to many ideas and finally we are working on Currency Strengths... It gives great results (some times)... (tp=5 pips... sl=50 pips)...
Here is one of members report..
.
Results for today

First account
Pepperstone demo standard
Strength =0.20
Total trades =111 trades
Winning =107
Loss=4
Profit 2886$
1 lot trades

Second account
Pepperstone demo standard
Strength =0.15
Total trades =133
Winning =128
Loss=5
Profit=3407$
1 lot trades

When you come to the topic of currency strength in trading you will find everything is logical, specially when you see that most of the trades close faster than you used too.
But sometimes you find the market is not going the way you used to it. So, our main work now is to find when to use currency strength the efficient way to finish this project as soon as we can.
I advise to not neglect this topic. It is very profitable if you play it right.
Sounds interesting.
When market goes against your strength analyses could it be fundamentals [or trump] influence?
How do you solve that in backtets?

Just wait to either hit tp or sl!
any trading results to see?
Member Since Sep 16, 2009   190 posts
Sep 30, 2018 at 10:24
vontogor, I'm sorry for the delay. I have been sick and also environment around is very tough (electricity and Internet long hours cuts and also bombing around) :(

No trading records yet because everything is still testing and continuous settings and coding changes.
Sure, I will post some as soon as I got more stable results. But this topic is really worth to put an eye on it.
... oshaban ... skype: oshaban27 ...
Member Since Feb 22, 2011   4862 posts
Oct 01, 2018 at 08:12
oshaban posted:
vontogor, I'm sorry for the delay. I have been sick and also environment around is very tough (electricity and Internet long hours cuts and also bombing around) :(

No trading records yet because everything is still testing and continuous settings and coding changes.
Sure, I will post some as soon as I got more stable results. But this topic is really worth to put an eye on it.

Bombing around?
Member Since Sep 16, 2009   190 posts
Oct 02, 2018 at 07:26
togr posted:
oshaban posted:
vontogor, I'm sorry for the delay. I have been sick and also environment around is very tough (electricity and Internet long hours cuts and also bombing around) :(

No trading records yet because everything is still testing and continuous settings and coding changes.
Sure, I will post some as soon as I got more stable results. But this topic is really worth to put an eye on it.

Bombing around?

Yes. I'm living in Libya. Did you hear the news for last few days?
Things now are much better.
... oshaban ... skype: oshaban27 ...
Member Since Feb 22, 2011   4862 posts
Oct 02, 2018 at 12:44
oshaban posted:
togr posted:
oshaban posted:
vontogor, I'm sorry for the delay. I have been sick and also environment around is very tough (electricity and Internet long hours cuts and also bombing around) :(

No trading records yet because everything is still testing and continuous settings and coding changes.
Sure, I will post some as soon as I got more stable results. But this topic is really worth to put an eye on it.

Bombing around?

Yes. I'm living in Libya. Did you hear the news for last few days?
Things now are much better.

I hope you and your family remain safe.
Member Since Sep 16, 2009   190 posts
Oct 03, 2018 at 06:52
Thanks. Yes, we are safe.
... oshaban ... skype: oshaban27 ...
Member Since Aug 11, 2017   886 posts
Oct 04, 2018 at 09:09
From all trading strategies scalping is more profitable that brings profit in a short time. but in spite of a profitable trading policy scalping cannot use in a regulated trading broker practically. So, we the traders who are particularly scalpers have to choose the broker which for all time ensures best trading environment for scalping by providing lowest trading spreads including minimum margin requirements.
Member Since Oct 04, 2018   9 posts
Oct 04, 2018 at 12:53
What scalping strategy do you use? I tried it but just lost so much money. What is the trick? Even with ECn broker and low spreads I make no money
Member Since Sep 16, 2009   190 posts
Oct 05, 2018 at 10:18
RampUpToForex posted:
What scalping strategy do you use? I tried it but just lost so much money. What is the trick? Even with ECn broker and low spreads I make no money
Currency strength always in change according to news, supply and demand, and many other factors
Don't go with technical and fundamental analysis religiously and wait the price to hit your target but instead let your robot read the market tick by tick and ride the waves. ....
... oshaban ... skype: oshaban27 ...
Member Since Sep 01, 2018   18 posts
Oct 07, 2018 at 06:07
Trading strategy depends on the instrument and the times. Usually positions trading grid.
If you want the currency we got the advantage.
Member Since Nov 02, 2018   10 posts
Nov 04, 2018 at 13:18
hahaha. Do you also 'let the trend be your friend' and 'Buy the rumour – sell the fact'
Kalamo
forex_trader_538373
Member Since Jul 07, 2018   108 posts
Nov 05, 2018 at 07:19
Make sure you have ALL daily, weekly & monthly pivots, supports and resistances levels on ALL your Forex charts.
Member Since Jul 01, 2018   2 posts
Nov 05, 2018 at 07:53
Scalping is not really easy, you'r supposed to have years of experience and can predict the market with low number of pips and cut your losses extremely short and at some points let the wining trades run!
Member Since Oct 18, 2018   10 posts
Nov 05, 2018 at 15:20
My strategy is to find a trade or a robot that actually works. I do not want to trade myself so I am focused on finding someone else who can
Member Since Oct 23, 2018   9 posts
Nov 06, 2018 at 07:21
Some robots are good but I like to use them while I am learning to trade. I like the idea of them bringing in some money while I learn how to trade properly
Member Since May 16, 2018   11 posts
Nov 06, 2018 at 11:15
I trade in both manually and Expert. But my expert began to fail me. Now I am looking for a new expert. And only trade manually.
Do you have a good expert?
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