Here is a recent email conversation with Avery, I post it so everyone may benefit from it:
>> > thank you for the most recent updates.
>> > Very interesting approach.
>> > Also attached a highlowalertindicator, which is taking the high and
>> > lows
>> > of last x candles and gives an alert. Maybe it´s programming-wise of
>> > to you ....
>> > As I assume you do make a bunch of money trading - what is your most
>> > strategy ?
>> > Do you use "how to be the casino"?
>> > And simply only enter long or short with good money management ?
>> > And what I am most curious about is:
>> > how do you determine in which direction you only trade, ex. once per
>> > bar ?
>> > You once mentioned to trade according to the overall trend, ex. trend
>> > on
>> > one higher timeframe.
>> > Which indi should I use for determining the higher timeframe trend ?
I have no idea what is the most used strategy.
>> Being the casino is a buy zone technique. I almost always use a buy zone
>> I only trade long so the rat won't beat me.
>> There is NO TREND.
> Only trading long - sl 10 pips and tp 20 pips+.
> Stopping for day when account +2-4% or 50pips +.
> I will try on gbp/usd, lowest spread on fxpro and nice volatility.
> True - trend - is past.
> What is price doing now? Much more important.
> Thank you.
> Sorry for askig dumb questions, but going from complex to simple is ...
You´re welcome. Please post your trading questions on www.kreslik.com
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