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    Thread: Share my simple trading to make profits

    1. #11
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      nice strategy. but how if your seting indicator make a repaint? how to set money management, SL, TP and how to recovery when floating loss?


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      true, if we read in the forum we will find a lot of threads about forex business experience, I am more than happy to read that are good and profitable experience to become a reference in getting a good profit.


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      its a nice strategy as long as it works out for you . but every trader with his own strategy ! since its has allot of moving averages i guess it doesn't go well in choppy and ranging markets has then should we trade the markets that are ranging with this strategy ?


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      Quote Originally Posted by Martinus View Post
      for sure position you can add MA 200 at chart 15 minutes for take profit target, if not touch MA 200 you can't hold but if break MA 200 you can hold until 100 pips from daily high or low...
      I will try it ,but MACD tend to lag what do you think should be the solution regarding lagging indicators


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      Quote Originally Posted by cah nggunung View Post
      nice strategy. but how if your seting indicator make a repaint? how to set money management, SL, TP and how to recovery when floating loss?
      nice question...so my answer is I used my money management with stop loss (trailing stop) if price done entry at EMA 50 my stop loss above last high/low and my take profit 1:1.5 than my stop loss, let's say if my stop loss 40 pips (trailing stop 40 pips customize) so my exit target 60 pips form my entry price and I never cut loss if floating loss until between stop loss or take profit it's done.


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      Quote Originally Posted by forexdetonator View Post
      I will try it ,but MACD tend to lag what do you think should be the solution regarding lagging indicators
      I never used lagging indicator except RSI...


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      Quote Originally Posted by ericnyamu View Post
      its a nice strategy as long as it works out for you . but every trader with his own strategy ! since its has allot of moving averages i guess it doesn't go well in choppy and ranging markets has then should we trade the markets that are ranging with this strategy ?
      it's working very well on ranging or sideways trend but using your choppy on TF 15 minutes


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      Very good and accurate strategy because after over bought conditions always there will be a selling trend.So newbies can make good profits by following this.Thanks for uploading it.....


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      wait until the position at overbought, this is very good but we have to be careful too because sometimes the market continue the trend, and for it, we have to be patience until see the true trend move back and usually the trend will go more than 60 pips, this is very good opportunities if the trader can catch it


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      i think that is difficult to determine overbought or oversold because we don't know exactly about the buyers and the sellers sentiment from the news or taking profit action. So i suggest to combine with the other strategies is better.
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