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Prior to making transactions one should get acquainted with the risks to which they relate. How To Double The Account In 1 Day? You can help thousands improve their trading! Who’s online There are currently 50 users online. Submitted by User on December 23, 2007 – 05:22. The following strategy was submitted by James Ayetemimowa. Thank you, James, for your great contribution!
Draw horizontal lines on the highiest high and the lowest low of the first Four candles of the day. Trade the Valid Breakout of the eigther lines. Check Stochastic Slow on 4hours Time frame. If your stop loss is hit, set the pending order again. Close all pending orders by 5 hours to close of the day. Note and Note, any of such potential trade after you must have made your 200pips, you must always lock profit to 100pips b4 you can let it run. Submitted by Christine on March 25, 2013 – 14:05.
My apologies I’ve realised that you’d answered this same query of mine in another email. Submitted by Christine on March 25, 2013 – 13:49. Check Stochastic Slow on 4hours Time frame – presumably a separate indicator from the standard Stochastic? What is the parameter to set?
Trade the direction of the 4hours stoch with higher quantity – what does quantity here mean? Trade direction against 4hours Stoch with lesser Quantity – same as above. Trade direction’ – does this mean to go long if ‘Stochastic Slow’ is bullish and go short if bearish? Thanks for your help in this! Submitted by User on June 5, 2012 – 09:07.
Submitted by User on January 20, 2012 – 06:52. I am going to start Demo trading it. Submitted by User on September 18, 2011 – 09:27. Is this trading strategy still in use by James? Submitted by User on May 22, 2010 – 20:42. As far as I can see, the system was published here in 2007, so the Firepips are probably the followers, lol. Submitted by User on May 19, 2010 – 10:42.
I think this is the strategy that Firepips guy is using in australia and charging 250 a month for! Submitted by Edward Revy on January 27, 2010 – 22:28. I’m sure the term “quantity” there means the size of a position. Submitted by Edward Revy on January 27, 2010 – 20:00.
I believe that’s exactly the time which we’ll be looking to capture – first 4 hourly candles of the day. Although, in the original strategy rules there were no time zone preferences mentioned, instead, in the comments later it was suggested to use whatever time zone your broker platform gives you. So, it gives you a freedom of choice and a room for experiments with different time zones. Submitted by User on January 27, 2010 – 19:44. When you say “quantity” in your origional post, do you mean Volume? Submitted by Steve on January 26, 2010 – 05:44.