14 period SMA
Too much hate going on in hereā¦
Well I agree with your last few post, and the above is probably the reason why 
Anyway to the OP, keep up the good work, like what Clark said, it doesnt really matter how you trade as long as you can pull it off. It may not be everyones style and may not work for them, so what, at the end of the day you are making money.
Now using that MA line. Open a 5m chartā¦ Take the high and the low starting from 7 gmt of the first candle which closes on that MA line. Which ever line is CLOSED ACROSSED (the high or low) That is the direction which you take. Your sl would be a CLOSE on the opposite direction in which you entered. 
That simple. You donāt need anything else. You then backtest as far as you can see how well you can do when you scale your lot sizes up after a failed entry on the opposite close. That is how I was able to have such a winning streak. Even on the orders which I entered that turned out to be a big failure. It was because it reversed against me and I never closed it.
Thanks for the details - I will try and put this stuff into an EA and see what we getā¦
So, the key to the massive profits is that youāre averaging down on stop-loss?
Cheers, Paul.
The key to profit are only two things.
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Knowing when to cut your loss before your stop loss is hit.
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Staying out of the range trading.
We spend most of our time in a range, then that would mean most of the āsignalsā you get using this method will be false. Which is why I never had it coded. As your EA would have to identify the range, and null the signals. Below are my last 2 trades of todays session in one of my two accounts.
The following picture shows you me re-entering into a short after the stop loss, adding .5 lots to the losing position. Yet I did not wait for the red candle to close under the previous green candle which closed. Just happen to be 2 mins later it would close. I jumped the gun for being bias. This is the same thing which will cause unnecessary losing streaks. Yet, it happened to dropā¦ So on the previous position I LOST 40.51 and on this position I won 84.14
Now this is a picture of a 5min chart. This is your setup for an overall trend reversal. Do you see the last green candle? Once a red candle closed below the lowest low of that candle, you should short itā¦
Common bro, be honest, your wingin itā¦
Good job on the withdrawl, give you thatā¦ But why did you withdrawl? The object is to grow that seed to a forestā¦
You seem to lack confidence in your system, or strat or whatever you call itā¦
Why the heck are you holding the MA varible a secret? Thats just oddā¦ Then why even come here to show someone the money???
Traders come here for help, a system, or something along those lines, but you keep a varible hostage? LOLā¦
*shakes head
Stop-loss is your friend,
Oh, and IM the scalpin master up in this jointā¦
You mad Bro?
Scalping master? Hardly.
You mean you open an account for a week, post a MyFXBook link, only to blow it up the next week.
Rinse and repeat, hoping no one would question what happened to your old account.
Edit: The difference is you donāt withdraw anything before you blow the account.
Ollllddd Clark, Thanks Bro, you really helped my trading with your comments to my ridiculousnessā¦
Im serious,
You still cannot deny the fact that what I stated was true. Whether this still happens or not, doesnāt concern me anymore.
iām going to take a random stab and say 13 sma
Everyone has different goals as for money management. Being as Forex is my only source of income. I treat this as a job. I secure profit when I have it (Withdrawing 1kusd as soon as I have it) and continue to play with the rest. As for ācompoundingā I have pass that stage of trading. Compounding is a reality for those who keep their lot size the same all the time. Due to the fact my account can take large swings, I rather play it safe and not compound. Not to mention compounding isnāt much different from wagering at a casino. As a casino and forex are very different, then I use different strategies in forex.
14 sma actually. Now that we have got that squared away. All you have to do is figure out how to identify " a ranging market" the min it is confirmed.
I also trade in a similar fashion. I withdraw my profits at the end of ever week. Brokers are not insured like banks, so if something were to happen to your broker like bankruptcy, all your money would be GONE!
My broker is FSA registered.
Yes it is.
No it wouldnāt.
I suggest you read the fine print
Have done.
You two are awesome! Keep it up, lol.
Are you attempting some kind of joke or are you simply illiterate?