Merry Christmas and Happy New Year to every one.
Bhupinder
Bhupinder
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DislikedI hope everybody had a great Christmas
We are still in "holiday mode", and most are probably out of business, but I thought I could post an update to keep the system up to date;
It's very simple:
Last Sunday we re-entered the previous short at the open, placing the SL & buy stop @ 1.4956, which were triggered in that same first bar (-9 pips);
At the close of the bar, we placed the reverse order @ 1.4808, where the SL for the buy was;
Those were later triggered (-48 pips), and we are short since that;
The current SL & buy stop are @...Ignored
DislikedThanks for the support, glad to have you in the room! Look forward to your future posts.
-SterlingIgnored
DislikedHi Friends:
After a break, back again.
Hope everybody had a nice break and ready for action.
I'm forward testing the daily version of the system (No EMA, SL=TP). I'd post my results here once in a month to avoid too much clutter.
I'm also following the 4H system but I'm focusing more on the daily version.
ThanksIgnored
Dislikeddear Sterling,
I have something to show you based on this Very good system, i am so impressed about the simplicity of this lovely system.
please how can i reach you, we will still update and let every body see it, if you feel it worth it.
Anyway i am trying to start trading after using this sytem to demo trade from 50k to 120k in less than 2 monthIgnored
DislikedTrade#2
Sell @ 1.4647 out 1.4676 = -29
Trade#3
Buy @ 1.4676 still in the trade
Total = 77 -29 = +48 pipsIgnored
DislikedNow, just to help reduce the number of unimportant posts that I increased with my previous one, and see if I caught some understanding of the system, I will comment on the last couple of trades, hoping that someone will confirm what I say. In the pic attached bar #1 was a sell setup bar, with and entry order at 1.4878 and a SL at 1.5000. The red bars triggered the order and also a pending buy order at the same level as the SL. The price went down to 75 pip profit and then headed north, triggering on bar #2 both the SL and the buy order at 1.5000....Ignored
DislikedAs for me it's correct , and after current bar close You will change SL for long on low minus 5 pips from current bar
good luck
PeterIgnored