Forex strategies revealed | FSR Forum

Congratulations, Kjell!

that's one bright piece of money management idea and an interesting evaluation. I should admit, I've done some MM calculation in my practice, but never to the extent you've shown us.

I liked the data and details you've brought in, and I'd be exited to follow your topic further.
Sure, if I have anything smart to say I'll be glad to comment on.

Happy trading!

Does this rule apply for smaller timeframes such as 30 or 15 minutes timeframes?

so to use this system,i'll place 3 contracts instead of one,eg. 3 sell trades of different SL & TP instead of one fixed? According to your explanation,should one contract have the smallest SL & TP,one contract the largest SL & TP, the other in between? For example 25 & 33,37 & 66, and 50 & 100?

Ok. So if i were to trade a 30 mins timeframe,would i still place the 33 & 25,66 & 37,and 100 & 50? Or should i lower the SL and TP?

Thanks. Sorry but i'm still a bit confused, how does having 3 contracts help you earn more? How does the 2 other smaller contract affect the biggest one? For example,what difference does it make if i don't have a smaller contract such as the 25 & 33 or 37 & 66,only a 50 & 100 contract?

Forgive me,but what do you mean when you say '1000 pips is peanuts if SL is 2000 pips.150 pips is excellent if SL is 30 pips, returning more money than the 1000 pips'? Is it when the stop loss is triggered?' How does it return more than 1000 pips?

Oh,i think that cleared things up for me,thanks. However,i still don't get why did you divide your pips profit or loss?

Alright. So if my usual trade is one contract of 6*$100000 of TP 100 & SL 50,i should break it up into 2*$100000 of 33 & 25, 2*$100000 of 66 & 37, and 2*$100000 of 100 & 50?

I see. Well kjell,this is a really great system. I hope this would help me. Thank you very much for sharing such a wonderful idea.

Looking forward to future ideas from you =P
Ivan

Oh dear,i just realised that i am not allowed to open 2 or more contracts of the same buy/sell trade for any currency pair. Do you know how do i open 3 contracts instead of 1? Probably i did it with the wrong steps