fib. expansion and retrace in forex
- Thread starter shopster
- Start date
- Status
Quote from shopster:
rump,
good one.
i am actually using " magic beans ".........
math was not my strong suit.
cheers,
s
At least you have a sense of humor... you're OK in my book
Happy Holidays!!
OK.. serious question
What's your money management and risk management for your trades? What is X and Y?
MAXIMUM RISK = X% * ACCOUNT BALANCE.
STOP LOSS = Y PIPS. (INCLUDING SPREAD)
POSITION SIZE = RISK / STOP LOSS.
What's your money management and risk management for your trades? What is X and Y?
MAXIMUM RISK = X% * ACCOUNT BALANCE.
STOP LOSS = Y PIPS. (INCLUDING SPREAD)
POSITION SIZE = RISK / STOP LOSS.
...........................................................
x is 2%
my spread is next to zip so i do not use it.
position size is .5 to 1% of risk.
this allows the stop to be way back.........
the zero lag crossover with massive divergence and slingshot concepts are very high % trades.
the trade has to go my way, right out of the box.
zero lag momentum is always in my favour, or no trigger pull
you can be late to the party as long as the trend has no overhead in its way.
stops are placed but never get hit........
trading away from the moneyline in the trend direction of the shop 3 ema trend cluster, just worxs....
here is a 1 and 5 min. end of trend adx bar paint
at the 4.2 or 5.7
we keep hitting the numbers and it is not random.
study adx.
it shows trend and these are the full pulls to the bar paint.
cheers,
s
- Status