$500 to Freedom (500 to 5,000 in 1wk)
Nov 10, 2011 at 15:29
TheForexFox posted:
Computer Crash again-- I'm busted,
you dont follow your rules and got wiped out in one trade because your computer crashed?
Wake up. It will never work.
maybe you'll need another 5 years in demo... and learn proper money management
เป็นสมาชิกตั้งแต่ Oct 17, 2011
38 โพสต์
Nov 11, 2011 at 16:27
Hi Ken
I think your strategy is very valuable. It may just need a better risk management. I have followed this thread for days, the strategy is really good and I can learn from you. I have a question here
' answer in order 1min 5min 15 min, Stoch %K- 5, D- 3, slowing -3, same w/8,3,3- Hi/lo- Exponential-mim 0 max 100'
I don't understand the indicators and numbers for your 15 min chart, 'Hi/lo- Exponential-mim 0 max 100'.
Could you kindly explain this to me please? thank you
I think your strategy is very valuable. It may just need a better risk management. I have followed this thread for days, the strategy is really good and I can learn from you. I have a question here
' answer in order 1min 5min 15 min, Stoch %K- 5, D- 3, slowing -3, same w/8,3,3- Hi/lo- Exponential-mim 0 max 100'
I don't understand the indicators and numbers for your 15 min chart, 'Hi/lo- Exponential-mim 0 max 100'.
Could you kindly explain this to me please? thank you
เป็นสมาชิกตั้งแต่ Nov 02, 2011
57 โพสต์
Nov 11, 2011 at 21:21
In pic replace the 14 with 5
replace smooth w/Exponential--- everything else should be the same, then do it again
and replace 14 with 8 and Hi/Lo with close/close
See where it say's Price field,- Ma method, - Fixed Min & max, just check your inputs.
Important; use Demo account to practice
Good luck
Ken-TheForexFox
ไฟล์แนบ :
Trade the plan that works for you!!
เป็นสมาชิกตั้งแต่ Nov 12, 2010
178 โพสต์
Nov 13, 2011 at 19:40
TheForexFox posted:
I use the 1min & 5min charts with two Stoch 5,3,3, & 8,3,3, and a custom Macd that you can down load here.
https://www.fxstreet.com/platforms/addons/51d6028b-77de-4019-9873-a2e7ccccb915
I do have to babysit my trades for now, I live in USA so i get 50:1 leverage. I only trade .50 lots in Eur/Usd, and try to limit my stops to 12pips, as you can see that is $60.00USD (but sometime I'll let it run higher if all indicators my guess is right,just to early)
feel free to try it and let me know how your doing.
P.S. Thanks for input guys 😉
TheForexFox
System-- $500 to Freedom
.5 lots on a 50:1 leverage means that you would need about $1500 to just open a trade. Can't be done when you only have $500 to start with!!
See my profile or message me for my latest EA
เป็นสมาชิกตั้งแต่ Nov 02, 2011
57 โพสต์
Nov 13, 2011 at 23:04
Thanks for the info BDG
Trade the plan that works for you!!
เป็นสมาชิกตั้งแต่ Oct 17, 2011
38 โพสต์
Nov 14, 2011 at 15:29
Thank you Ken, I will have a try on demo
เป็นสมาชิกตั้งแต่ Nov 02, 2011
57 โพสต์
Nov 14, 2011 at 15:55
my new account, as it should be traded.
https://www.myfxbook.com/members/TheForexFox/slow-sure/191096
Good luck
Ken-TheForexFox
Slow and Sure
P.S. I thought it would be slower with .10 but still getting the action.
https://www.myfxbook.com/members/TheForexFox/slow-sure/191096
Good luck
Ken-TheForexFox
Slow and Sure
P.S. I thought it would be slower with .10 but still getting the action.
Trade the plan that works for you!!
เป็นสมาชิกตั้งแต่ Oct 17, 2011
38 โพสต์
Nov 15, 2011 at 06:57
Do you trade with an EA? I saw non stopping trading on your new account. Take care😁
เป็นสมาชิกตั้งแต่ Oct 17, 2011
38 โพสต์
Nov 15, 2011 at 06:58
Did you use different system to trade? I saw two short positions opened at 08:09 and lasted for few hours. I found that the condition did not meet your system requirements. Instead, according to your rule, a long position should be opened.
เป็นสมาชิกตั้งแต่ Oct 17, 2011
38 โพสต์
Nov 15, 2011 at 06:58
After reviewing some trades of yours, I think you are using a different system, or the you have changed the settings of those indicators.😀 Still, good work!!
เป็นสมาชิกตั้งแต่ Nov 02, 2011
57 โพสต์
Nov 15, 2011 at 15:14
Thank you Wenz
Tommy-
I have not changed the scalpping Strategie. that is the one I have been teaching, and the one I use the most,but I do use other Strategies, You must have more then one to win this war, Like right now for the last 6hrs the Eur/Usd has been in a channel, in this case I use the top & bottom of the channel for entry with my stoch.
Also on that 8:09 trade I was going to bed (2am here) So I use a longer time frame if I can not babysit my trade, If you look at the 1hr for 8:09 you will see the Macd cross ,Stoch heading down (but not at the top, I know, but) then I check the 4hr and see the Stoch has just crossed telling me the down trend should continue. (Note; Should not will)
Hope this helps, Remember you must have different Strategies for what the maeket is doing.
Good Luck to both of you
Ken--TheForexFox
Tommy-
I have not changed the scalpping Strategie. that is the one I have been teaching, and the one I use the most,but I do use other Strategies, You must have more then one to win this war, Like right now for the last 6hrs the Eur/Usd has been in a channel, in this case I use the top & bottom of the channel for entry with my stoch.
Also on that 8:09 trade I was going to bed (2am here) So I use a longer time frame if I can not babysit my trade, If you look at the 1hr for 8:09 you will see the Macd cross ,Stoch heading down (but not at the top, I know, but) then I check the 4hr and see the Stoch has just crossed telling me the down trend should continue. (Note; Should not will)
Hope this helps, Remember you must have different Strategies for what the maeket is doing.
Good Luck to both of you
Ken--TheForexFox
Trade the plan that works for you!!
เป็นสมาชิกตั้งแต่ Nov 02, 2011
57 โพสต์
Nov 15, 2011 at 15:31
Here is a channel trade
ไฟล์แนบ :
Trade the plan that works for you!!
เป็นสมาชิกตั้งแต่ Nov 02, 2011
57 โพสต์
Nov 15, 2011 at 15:49
Note; in a channel trade you DON'T trade in the middle of the channel, just because the Stoch turned you wait until your close to the top or bottom (1/4 from ) and then use the Stoch, as you can see I just missed a great buy op ( I was composing the above when it happen)
ไฟล์แนบ :
Trade the plan that works for you!!
เป็นสมาชิกตั้งแต่ Nov 02, 2011
57 โพสต์
Nov 17, 2011 at 02:26
Thanks Overtime
I'm trying like hell.
Ken--TheForexFox
I'm trying like hell.
Ken--TheForexFox
Trade the plan that works for you!!
เป็นสมาชิกตั้งแต่ Nov 02, 2011
57 โพสต์
Nov 17, 2011 at 09:33
Ok everyone, Bad day today, Down $400 Why (take a lesson here, I did) tried something new and also had way too many trades open at same time, No stops, (yes I know better or at lese I should) got out of control also my fault, all I had to do was accept the smaller loss when it started. then the snowball effect.
Well hope I don't do that again.
Back to the way I was Trading-- Last 2, day;s I was trying somethings
Why would I change what was working- I got STUPID
Ken TheForexFox
Well hope I don't do that again.
Back to the way I was Trading-- Last 2, day;s I was trying somethings
Why would I change what was working- I got STUPID
Ken TheForexFox
Trade the plan that works for you!!
เป็นสมาชิกตั้งแต่ Oct 17, 2011
38 โพสต์
Nov 17, 2011 at 22:19
Ken, thanks for your lesson. I just couldn't get it profitable as you. upset me
Nov 18, 2011 at 00:23
billion_yao posted:
Ken, thanks for your lesson. I just couldn't get it profitable as you. upset me
if i may , from my experience ken's strategy works best in M1 i don't use the 12 pip sl , i just close my trade when the stochastic cross i have an average of 80% success , the result in M5 are not that good , M15 and up are losses !
i also put his strategy in an EA , the result are good but not as good ans manual trading , i'm not that good at programming EAs i guess 😝
