[Marc]
22:55
Hi!
[You]
22:55
Hi!
[Marc]
22:55
I have a trading system that is working excellent for one year now!
[You]
22:56
can you try to explain your trading system with details?
[Marc]
22:57
Random entry point
[You]
22:57
yes
[Marc ]
22:57
buy again if xx pip in the bad direction with a coefficient * +- 2 & 2.4
TP depend
if Scalp or long term
[You]
22:58
ok
[Marc ]
22:58
rawly
same approcah
Approach
with RSI & MM 200
[You]
22:59
rawly?
[Marc ]
22:59
For the entry point
as overview
i mean
RSI + MM200 as entry point but ONLY SHORT
provide very very good result
Draw down very low
[You]
22:59
WHAT IS MM???
[Marc ]
23:00
Moving Average
[You]
23:00
EMA?
[Marc ]
23:00
Yes soory
[You]
23:00
ok
[Marc ]
23:00
MM is french
EMA
:):)
Moyenne Mobile
[You]
23:01
RSI overbought or crossing the median line from above to down?
[Marc ]
23:01
Crossing
[You]
23:01
for sell...
median?
[Marc ]
23:01
Crossing a Level to down
example : 65 or 70
[You]
23:01
ok what about EMA200
[Marc ]
23:02
wait i do not remeber by head
[You]
23:02
crossing or overbought?
[Marc ]
23:03
MM200 Decreasing
RSI >= 70
=> SELL
[You]
23:03
what is the STEP for averaging?
[Marc ]
23:03
EMA200 Down Trend
30 min
[You]
23:04
or maybe any other factor?
[Marc ]
23:04
EMA 200 on close price
30 min
[You]
23:05
this is for averaging the position with coefficient?
[Marc ]
23:05
no
as entry point
to SELL
[You]
23:05
aha, ok!
what about STEP for averaging the position and how you manage the risk?
[Marc ]
23:06
Depend
[You]
23:06
what is minimum move in price?
[Marc ]
23:06
44 pips down to enter again with a factor to * the lot by 2.4
[You]
23:07
ok
[Marc ]
23:07
TP 78 pips
For exemple
[You]
23:07
yes
[Marc ]
23:07
i busy now
[You]
23:07
ok
[Marc ]
23:07
To adapt the paramters automaticlay regarding the market conditions
Volatility
kind of...
[You]
23:08
if you must go, you must go!
[Marc ]
23:08
no it was the begining of my sentance
[You]
23:09
I see...
[Marc ]
23:09
I go to sleep now
Wake up early tomorrow
Nice talk with you i will have a close look on your blog
[You]
23:10
all right, nice chating with you, come by....
good night!
[Marc ]
23:10
Good Trading & See you later
Have fun
[You]
23:11
thanks!
