the shadowman trading formula that works wonders!!

I will be using bollinger bands and 50sma lines that's all to trade the gbp/jpy.

The strategy here works 70% of the time and keeps me out of range period.

Risk reward are 3 times or more.

This is a good strategy with good money management.

I will be updating every trade here.

Hi,
Describe Your strategy (rules please)

Regards,

Andrew

setup

bollinger bands(default)

50sma

1 hour



i will guide u guys along when i post trades in future.

this is fully profitable.

there is no trade yet, your setup should look something like this.

There is a channel like a Keltner Channel in the chart.Can you please let me know what that channel is?Also I do not see the 50sma.Please amplify the strategy.

can u pls post the templates and indicators ,thanks

Template please, thanks, Paris

What timeframes can you use this method on? Thanks, Paris

You need glasses.
Honestly you people are so lazy it cracks me up.

A TEMPLATE!! For a 50sma!! come on!! Get serious.

Try this it's really difficult. 50 Set to high. 50 set to low.50 set to medium.

oooooo is that how it works.

If you dont know how to add bollinger bands to a chart don't give up your day job.

Unbelievable!!!

Agreed.

newbies!!! haha....trading is so simple yet people always want it to be difficult i don't know why

Ahh, so this is how I can acheive a 70% hitrate with 1:3 R:R. Marvelous, Im just going to run along and sell my liver now.

Thanks shadowman!

What are the rules to the system? Thanks, Paris

This thread is a perfect example of why so many fail. Here we have someone posting a very vague "system", and talking about how great it is. I am not saying this system will not work, in fact, it very well could. However, there is a much bigger issue here.

Why in the hell would you just jump right into a system some stranger put up on the net? Please, use real money, I can use more.

Think a little first before you just in head first. Again, not saying this system can't work, just that it probably wont.

Just think before you give me your money. If you are that dead set on it, send me a PM, I will give you my address so you can just mail the check.

This was a little tongue-in-cheek. Please look at the lesson, not the attitude!

Clockwork

This method actually back tests very well, at least the way I'm interpreting it. Does seem to win about 70% of trades and keeps you out of most ( but not all) ranging times. This is a better method than most i see on FF. Paris

Closed a EUR/USD short yesterday with +127 pips profit. Anyone else trading this method? Paris

what are the rules for entry ? price cross the 50sma channel?

I wait for the price to close past the outer 50sma for entry and i close the trade when price retraces and closes to the middle line of bollinger band. (21sma) Paris

Any trade updates, Shadowman?

That's essentially using MA crossovers, then, if you only use the middle of the bollinger band and not the bollinger band itself?