Doji Reversals: A Secret Weapon for Forex Traders

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  • เผยแพร่เมื่อ 29 พ.ย. 2024

ความคิดเห็น • 25

  • @el-sig2249
    @el-sig2249 2 หลายเดือนก่อน +1

    Your videos have taught me that trade management and exits are more important than the entries. This has greatly improved my trading.
    For this I thank you.

  • @DrMrsChaves
    @DrMrsChaves ปีที่แล้ว

    This is neat. The immediate problem I see is the trading frequency is super low. Some of these might only trade once every 3 months. I'll have to test myself, maybe less stringent filtering and/or smaller bar sizes. Thanks!
    Of course one solution would be to trade a large portfolio, but you need the capital for that.

  • @marcosunt1206
    @marcosunt1206 ปีที่แล้ว +1

    The JPY has been bearish for last 15 years , thats why strategy works?

  • @bahijarhafiri
    @bahijarhafiri ปีที่แล้ว +208

    I’m currently retired, and considering the current rollercoaster nature of the stock market, I decided to stay on the sideline for awhile, now I’m worried with the numerous bank failures as of late, am I better off reinvesting my savings in the stock market or do I wait?

    • @GhanYt
      @GhanYt ปีที่แล้ว

      True, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

    • @GhanYt
      @GhanYt ปีที่แล้ว

      It's best you do your due diligence, I have my portfolio overseen by *ROCH DUNGCA-SCHREIBER* ‘’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.

    • @jaybee9054
      @jaybee9054 ปีที่แล้ว

      ...check back in 5 years and I'll tell you what would have been the best approach 😉

  • @samuelolugbenga4845
    @samuelolugbenga4845 ปีที่แล้ว

    Thank you ,as a beginner trader looking for strategies to try out and just learning the ropes about backtesting and tradig in general this is very priceless .Thanks for the video and the strategies

  • @eitan71
    @eitan71 6 หลายเดือนก่อน

    great analysis, but i think 60-65 trades is not a statistically good enough base for a long term strategy.
    at least 85+ trades will give a better picture (100+ is much better IMHO)
    thanks for the hard work!

  • @markhields8203
    @markhields8203 ปีที่แล้ว +1

    Jarrod, very helpful and detailed, thank you for showing us....and so...which of these pairs would you personally deem worthy of trading trade and on what exit strategy?

    • @TheTransparentTrader
      @TheTransparentTrader  ปีที่แล้ว +3

      I have since done some deeper development on USDCHF and have found that using an 8 day exit works well but also you can increase the doji body % threshold from 10% up to 20% to get more trades and make more net profit. Keeping a stop loss at 150 pips works too.

    • @markhields8203
      @markhields8203 ปีที่แล้ว

      @@TheTransparentTrader thanks for responding and the comments, much appreciated. M

    • @wreckwatch3684
      @wreckwatch3684 ปีที่แล้ว

      Jarrod, thanks for this. Do you have a telegram id so that i could ask you some questions? If not, if you wanted to generate 1%-2% a month, what strategies and pairs would you suggest i take a look at? Thanks

  • @chrisrustomnorthover
    @chrisrustomnorthover ปีที่แล้ว

    Great work. You are appreciated.

  • @kanekane-yv4co
    @kanekane-yv4co ปีที่แล้ว

    Great stuff - could you possibly test 4hour and 8hour charts? Thanks.

  • @romost9482
    @romost9482 10 หลายเดือนก่อน

    Whicht timeframe do you use?

  • @riwikzh7922
    @riwikzh7922 ปีที่แล้ว +2

    Why do you test these specific pairs as opposed to all 28 major pairs?

    • @sillymesilly
      @sillymesilly ปีที่แล้ว

      Major pairs are 7 not 28. Major, minor and exotic

    • @wayneflint8077
      @wayneflint8077 ปีที่แล้ว

      Do really won't to test/trade the USD/MXN or the other exotics? Maybe the AUD/NZD - the safest FX pair is too boring?

  • @heshimucolar7174
    @heshimucolar7174 2 หลายเดือนก่อน

    Please, run tests with gold. 👍🏾

  • @feijoa6854
    @feijoa6854 ปีที่แล้ว

    Do you remove the Buy or Sell Stop at the end of the day if it isn’t triggered?

    • @wayneflint8077
      @wayneflint8077 ปีที่แล้ว

      There programmed into the Easy Language code. You don't have to do a thing.

  • @jamesbates8592
    @jamesbates8592 ปีที่แล้ว

    Thank you

  • @klangfarbeblau9087
    @klangfarbeblau9087 ปีที่แล้ว

    I wonder about this portfolio manager in MC, you have several instruments but only one algo. ?! There is no resonable way to design a diversified portfolio with several markets and their own fitting strategies? Some kind of strange, isnt it?

  • @nomad74777
    @nomad74777 ปีที่แล้ว

    Mr. Cufflinks