Advanced system #1-b (Midnight Trading + never give up)

oh dude...awesome....my suggestion is to do not only inside bar...but on one hour chart and with lower volume...u can do on each and every bar....i have cheked it on 50 candle of 1 hour...u have to maximum double you volume up to 0.08 if u start from 0.01...and then your profit is trggered,,, thanks dude...

You can use any good Martingale EA that may give you much better results than this strategy. I suggest blessing EA and snipper .

I can understand that you could empty your account.... but why you open a trade with a stop thats larger than your account? Using a position size calculator and risking an appropriate amount takes away the need to empty your account if you happen to come across one of those days.

Hey, I never thought the strategy which I develop by myself would find simmilar strategy on this site. the different is I order the buy and sell anywhere, anytime at once. This strategy looks very promising with winning rate 80%(if you set up with daily's resistance and support lever), but the risk can empty your account.

There 're lot of promising systems in this site to trade . I dont know why the admistrator accepted this system when the author himself believe that it will go call margin on day !!

I really hope so. But so far I have not met a person who can successfully tame the Martingale system.

However, if Forex previous charts shows that by using the Martingale theory there's a chance of winning 50% per month with only say 10% of blowing up your account, we would still have a winning system. So if anyone can show that there's only a minimal amount of percentage that losing everything could happen while making 50% per month is possible, then we should definitely be using this system.

Dan Lim.

This is just another martingale system. There's nothing really special about it other than waiting for a specific entry.

Martingale is simply a type of betting in which you double your trade amount every single loss. Eventually, when you get a profitable trade, it will make up for all losses plus a wee bit of profit. Statistically, it will ALWAYS blow your account. It's just a matter of waiting for the day.

Don't get me wrong... I've been looking at martingale for years. There's got to be a way to tame it!

-Jason

Hi Dai...

Yes only if we have an inside bar .. and the buy and sell stop is being put above the high or bellow the low only + the speed of the currency pair...(i guess if we have spreads which change we will have a problem here..but the manually back test i have took was only if the price penetrated my high with one pip i was stopped out.)...so only high and low + spread of the currency pair...

And to the user from the 25 of May above from learntotradethemarkets.com your site is not working..

And sorry guys for the later reply .. i was really busy with some private stuff .. and with back testing.. i have plenty of results for a lot daily trading strategys...which i will post soon...

I have put my email here if anybody wants to work with me together in back-testing strategy's..unfortunately nobody has replied yet..

My email is [email protected]

PS:I am not an IB, Broker, or Teacher and i dont like them and i dont want to sell anything if you are one of them dont contact me stay away .... i am just a trader.. ..otherwise feel free to contact me ...

Sincerely
Winny

Hi. I'm struggling to follow a lot of what was said initially, but can I just confirm something - you only put opposite trades in if there is an inside bar? And assuming so, the buy or sell stop would be... 10 pips above or below the inside bar's high and low respectively?

I can code this for a demo account easily enough, but I'd prefer to know that it actually has a chance of working.

Cheers, Dai

Too bad this has not gone anywhere. It looks promising.

good day winston.inside bars actually my favorit specially the fakey,and trading inside bars r vey sensetive because some times it retrace before it goes up or the same down also,so here u can either wait for retracment or u just enter at the end of the bar with a stop loose above the mother candle , and to master such art it is advised also to check nial fuller website, www.learntotradethemarkets.com he is my boss when it comes to price action setups. [email protected] good luck

this is nice one :) have to test it!! thank you!!