Simple System
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lukx wrote:wow Carlos, I did 3 trades today all in profit!!! I used your channel system with 3 sema near the top or bottom channel line.
I'm just curious what is your exit strategy? I wait for 20 pips, close half of order leaving the rest to run and moving SL to break even +5 pips.
Im Also trying to apply semafors to this system, probably in h1 and m30;
I use H4 mostly because it has give me better results than H1 (sometimes the price floats more than I Like), but maybe with sema I may pinpoint a more accurate entry point .
Carlos
- Patch
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lukx
QUOTE [wow Carlos, I did 3 trades today all in profit!!! I used your channel system with 3 sema near the top or bottom channel line.
I'm just curious what is your exit strategy? I wait for 20 pips, close half of order leaving the rest to run and moving SL to break even +5 pips. ]
Could you please post some screen shots of your trades?
Thanks
Patch
In VA
QUOTE [wow Carlos, I did 3 trades today all in profit!!! I used your channel system with 3 sema near the top or bottom channel line.
I'm just curious what is your exit strategy? I wait for 20 pips, close half of order leaving the rest to run and moving SL to break even +5 pips. ]
Could you please post some screen shots of your trades?
Thanks
Patch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
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NZDUSD
Nzdusd for this trade
Money Management is a personal thing, so I wont make suggestions about where to put SL´s, but for this sistem I use a R/R of 1:3.
Last edited by csbueno on Tue Jul 07, 2009 12:32 am, edited 1 time in total.
Re: Simple System
csbueno wrote:H4 has give me the best results so far; However H1 has also been profitable in my real acct. Demo it to find whats suits you better
Thank you Carlos for such a great system.
Sure, I'll give it a try.
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