another losers thread: entry egy idea

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Originally Posted by ;

quote It actually works really well so far- keeps me out of several bad transactions and lowers drawdown. I use sentiment as a contarian indior- it is my belief that market manufacturers are out to get retailers and it is wise to not have a set-in-stone entry principles so to be more predictable and therefore less inclined to get caught making money.

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Well I use moving average indior to filter my entrance and exit stage! I don't rely on just MA trading indior.

I also looked into doing precisely the reverse a few months ago, that led me down the course of opinion indiors that cabbiefx was referring to.

Retail traders love to pick tops and bottoms that's clear to see using Oanda's standing ratio analysis (shows the % of long vs short position). I see it a lot of times where a pair includes a bias for one side along with the chart reveals it trending in another direction.

Everything I like to search for is that type of a setup (prejudice in 1 direction) along with also a candlestick formation indior the reverse (continuation of the trend). I'd look to get out whenever the bias starts shing to neutral (45-55%).

Hope it helps.

I'm one of those amateurs who supposed to lose all of the money in forex. I don't get it right. I accidentally hit a buy instead of market last week and that was my only profitable commerce. I am very contemplating just doing opposite of everything I feel like, i.e. buy instead of sell, sl and tp switch. But my mind will play tricks on me and I will lose anyway. So looking over my near-perfect loosing every single commerce, I think about attempting these:

Maintain using same, bs indiors, autochartist signals or traders opinion, BUT:
rather than entering lets say short at market, put a short entry order(sell limit) in half ADR above current price(reverse for long). In unlikely case that the first analysis was correct, I will simply miss the commerce which is better than what I usually do that is loose money. In case I was wrong and entered countertrend as always, I'll be half-ADR less from the red. What I am aiming for is I will enter more near where I need to enter according to exactly what went wrong with preceding transactions- they always go where I predict but not before hitting SL or margincalling. This entrance adjustment will save drawdown and increase green pips. So beginning next week I shall try this on multiple pairs and see what happens. I won't ever NEVER trade against higher TF trend. What I am trying to state, market tends to overshoot my entrances and exits that would be good calls differently, when they were made at different price level- and I think this entrance adjustment method could remedy it.

Ideas?