Kreslik.com - traders community since 2006

Ultimately you must be able to trade successfully, otherwise your account will be wiped out in no time. Why? You risk 5% for the first trade, but as you build up your acount, you are also increasing the risk with subsequent trades proportionately to the lot size (i.e. 10% on second trade, 20% on the...

Ultimately you need a trend in one or more pairs to move long enough in order to mitigate the loss from the corresponding hedging pairs. The spread incurred on all the pairs makes such a strategy rather costly. In exchange, you are just buying time hoping for a strong trend to emerge in at least one...

TygerKrane wrote:Does anyone pay attention to the day open price, as a line to observe for PA?

O H L C of current and previous Day, Week and Month. These are pretty reliable S/R zones. I mark them on my chart.

TRO, You say stop loss is 10 pips. But 10 pips from where the entry price? Below the low of the green signal candle? How did you determine that 10 pips is best? Thanks I believe TRO's system is 10 pips stop from entry. For me, I prefer to set stop at the prevailing high or low and not exceeding 10%...

Still in the GBPJPY trade, now only 26 pips up as the sob is coming back to my average. This has always been my problem with averaging in, few huge wins, lots of small losses and b/e and after totting it all up I'd have been better off not averaging in and taking the money that was on offer from th...

Whether luminousneo is really keen to share and help others or just creating this topic with the motive to divert traffic to his own forum has nothing to do with the method he has shared hitherto. Whether he is truly profitable or not is also not the sole criteria to evaluate a method. It is how one...

Alright, let's forget the last 3 pages and move on from where you have contributed so well. Please do not act like those hooligans (I agree they are irritating) and I'm sure readers who are following your post here will not lose their interest if you continue to demonstrate your sincerity to teach a...

Fellow traders. Please stick to posting about trading. These words should have been told to those who started all the nonsense and posting irrelevant pics and insults to luminousneo. He has posted everything relevant to trading and yet can get banned, while the trouble makers go scott free. Sweepin...

When I found this forum, I thought it is more professional and different from the rest. Now it seems that I am wrong and from this event, I'm beginning to think that it could be even worse than other forums that has banned TRO. I'm really curious on what basis should luminousneo be banned. He has no...

Luminousneo banned from Kreslik because there r ppl here who r not happy with his work.... people r no longer look for new indicators...... luminousneo banned? Are you kidding? I would be greatly disappointed if that's true. If anyone is following this topic closely, he or she will not find any fau...