“Long time no see …”

That’s because threads here tend to duplicate and spread all over… that’s not a complaint (I know that Saver is busy with other things) – but I find it hard to follow.

So I’m concentrating on my own group forum.

The “Killing Zone” thread is only good if you read it from start to finish, and try to understand the…[Read more]

RIGHT !

USD current behaviour and STRENGTH in those 7 Majors is THE key to succesfull trading.

1. Tell me the current prices of those 7 Majors, and I’ll tell you what’s the price of each one of the other 21 Crosses… whithout even looking at any chart.

2. Tell me the USD direction and STRENGTH – and I’ll know almost everything there is to k…[Read more]

RIGHT !

USD current behaviour and STRENGTH in those 7 Majors is THE key to succesfull trading.

1. Tell me the current prices of those 7 Majors, and I’ll tell you what’s the price of each one of the other 21 Crosses… whithout even looking at any chart.

2. Tell me the USD direction and STRENGTH – and I know almost everything there is to k…[Read more]

RIGHT !

USD current behaviour and STRENGTH in those 7 Majors is THE key to succesfull trading.

Tell me the current prices of those 7 Majors, and I’ll tell you what’s the price of each one of the other 21 Crosses… whithout even looking at any chart.

Tell me the USD direction and STRENGTH – and I know almost everything there is to know a…[Read more]

Main Forex currencies = 8

Those make 28 currency pairs.

Among those 28 pairs are 7 Majors, the rest (crosses) are math depended on those 7 Majors, and their price is known from the majors (example: EURUSD / GBPUSD = EURGBP)

Among those 7 major pairs – the USD exist in each and every one of them.

Draw your conclusions from the…[Read more]

Main Forex currencies = 8

Those make 28 currency pairs.

Among those 28 pairs are 7 Majors, the rest (crosses) are math depended on those 7 Majors, and their price is known from the majors (example: EURUSD / GBPUSD = EURGBP)

Among those 7 major pairs – the USD exist in every one of them.

Draw your conclusions from the…[Read more]

Main Forex currencies = 8

Those make 28 currency pairs.

Among those 28 pairs are 7 Majors, the rest are math depended on the 7 Majors and their price is known from the majors (example: EURUSD / GBPUSD = EURGBP)

Among those 7 major pairs – the USD exist in every one of them.

Draw your conclusions from the above.

G.

Forex trading is really simple.

All you have to do is TRULY understand and solve a 7 parameters math function.

That’s it.

G.

Good NFP results today on EURUSD, AUDUSD, USDJPY.

The USD crash on NFP was easilly predicted.

Now comes the famous Min. 60% retracement.

G.

Following the (shameless surrender) agreement of the Western-Powers(???) with Iran – Excepct oil prices to drop further.

For those who doesn’t like the taste of oil in their morning coffee (read as = don’t trade oil…) – look for shorting the CAD, but do that only AFTER the coming friday NFP.

Canada is exporter of oil – and drop in oil price…[Read more]

This one looks like many trades on the same bar, since condition to trade are still true.

Limit the trades to only one per bar.

G.

The simplified formula version I’m using is:
Kelly % = W – [(1 – W) / R]

(I’m using Half Kelly)

W = % of winning trades
R = ratio of avg gain of winning trades relative to the avg loss of losing trades.

That’s why logging of each trade result is required – and recalculate the Half Kelly% for each new open trade.
Initial and first log ent…[Read more]

Yep.

FXEZ: Profit & Loss are not fixed in my trading style.

I start with SL and no fixed TP, and try to minimize risk by trailing Stop (and hopefully BE). Profit is trailed after BE in dynamic decreasing steps – change in conditions will trigger immediate TP.

G.

I’m familiar with that thread, but I’m using Half Kelly with trding log right now. I’m happy with the results compared to fixed lot sizing and %balance/equity sizing.

G.

I have to deeply dig… but I’ll find it.

G.

Recently I’m using Half Kelly – since my trades are usually don’t suffer from large DD.

G.

That’s why I mentioned logging trade results and using Kelly based on your trade log.

The difference in performance, in my case and experience,  is HUGE.

G.

Academic research suggest that Kelly is slightly more profitable while “Fixed Ratio” is better in handling DD.

I haven’t seen real traders long term results on this.

G.

I’m confused…

If the entry was based on higher TF – than looking at a higher TF is no change in “tactics”.

Same goes for MM & Risk.

But you suggested, or my understanding was, to CHANGE the initial entry logic to another logic, while in the tade- and my response was based on this “tactic”.

G.