EMP System (Entirely Mechanical Pullbacks) - Range Bar Madness
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Thread: EMP System (Entirely Mechanical Pullbacks) - Range Bar Madness

  1. #1
    So this is very much a work in progress but I am quietly confident with what I've come up and optimistic that it will create long term profits.

    You do not require many brain cells to determine how the system works - 80% of it's the Trend Pullback System composed by Diesel, together with 20 percent of my rules to filter entries, as well as following my own TP/SL procedure, and using 10 pip range pubs. The ultimate end goal is to filter the majority of ranging signals, as a fantastic sign with Trend Pullback can operate for significant gain, particularly with range pubs. But there needs to be money direction with this egy too, which is something I am working on. Should the whole thing come together I will quite happily publish a complete ruleset and indiors.

    For now I am restricting my risk to 1 percent per trade (and I'll experiment around cash management in precisely the same time) with at least 1:1 R/R although generally the R/R ends up being much more like 1.5:1 or thereabouts.

    My starting balance as of today was? 162.08 that is up from my original position, but as I am starting the journal from today I will not count any profit to date. Ironically commerce #1 has already lost today so I guess I'll have to add this one later )

    The purpose of this journal is for my self-discipline (a common issue for me personally in literally what I do), and a way to return and find encouragement at the winning trades through bad periods. And of course I am pleased to discuss forex and all types of different bollocks with anyone in the thread

    I am employed as an IT trainer 9-5 therefore there are periods and times where I will not be able to exchange at all, or print screenshots but I certainly would expect to be able to at least take 1 sign every day and update this thread once a day too.

    So... on with the show!

  2. #2
    7th March

    Just one sign taken on EURGBP, and conducted for the full reduction of roughly 1% @ 13.9 pips.


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