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Simple Simon Balance Line Trading

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  • Post #2,261
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  • Jul 27, 2011 9:08am Jul 27, 2011 9:08am
  •  Colostarr
  • | Commercial Member | Joined Oct 2007 | 1,015 Posts
So what you are saying businessguy0 is that you want something for nothing? First of all, please refrain from posting derogatory comments in this thread.



As many of you are NOW aware Neil (titch) and myself have started a joint venture online. Neil actually suggested this to me right before I left Africa.


It seemed viable, he did all the footwork and deserves the credit.
Bottom line - Neil is a full time trader and has been a full time trader for the better part of 6 years. It was he who discovered that many people were attempting to trade without the most basic of knowledge (many of you in this thread).


Trust me when I say He has forgotten more about trading than many of you will ever learn! I'd trade side by side with him any day!



He is a good man with a big heart. He did not have to go through the pain staking process of building a site to share this and his other methods.



As I have stated HE IS A FULL TIME TRADER and doesn't need the added strain of monitoring and administration of a website. But he does - because he enjoys teaching! I have learned a great deal from him in the last 2 months!


Neil is actually the person that helped me attain my full time status by sharing his signals and systems with me. Without him - I would NOT be where I am today! He asked me for NOTHING in return! How many people do YOU know that would do that for someone they hardly know?



Believe what you want to believe - but there ARE people on this earth willing to help other people, willing to share their secrets. He nor I are here to prey on you, to prey on your hopes and dreams of building a better life for you and your family.



We have kept to the rules of this forum and will continue to do so. Judge if you want, but keep it to yourself. Do not post anymore links in this thread. Keep trading and doing what you do - or I will ban you from this thread as I have done businesswoman0



If you have the knowledge to trade full time, then by all means, trade full time. Keep your opinions to yourself.



If you want to live a better life then look us up, if not then do what you have always done - come to this forum looking for your holy grail.



We don't have a holy grail - but what we do have works!


I would like quote Neil for one time then I am out of here:


"IF YOU DO WHAT YOU HAVE ALWAYS DONE, YOU WILL GET THE RESULTS YOU HAVE ALWAYS GOT!"

I'll end by saying this: Yesterday between myself and Neil we netted 1,040 pips (2 Blue line trades for 240 pips).



You do the math. But do not come to this thread to post derogatory comments


I think at this point a Forex Factory system administrator should move this thread to the commercial side.


I have attached my account statement here - see for yourself - 21 consecutive wins - 64 trades 84.38% win rate since July 12th. I CAN TRADE full time and I do trade full time!


Quoting businessguy0
Disliked
http://www.trythisnow.co.uk/TheTeam.php

This is the forum he mentioned right? Rick = Colostarr correct? Just want to make sure i have the right system...guess i'll just read this thread instead of buying....if this is the right person and system..can somebody confirm.
Ignored
Attached File(s)
File Type: pdf Statement.pdf   597 KB | 715 downloads
 
 
  • Post #2,262
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  • Jul 27, 2011 11:59am Jul 27, 2011 11:59am
  •  Jules9
  • | Joined Jun 2011 | Status: Member | 56 Posts
Relax Rick . Dont let this bozo piss you off. Most of us here really appreciate what you have done and thank you for it. Good Luck and I will check out your site. Peace.
 
 
  • Post #2,263
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  • Jul 27, 2011 12:05pm Jul 27, 2011 12:05pm
  •  Jules9
  • | Joined Jun 2011 | Status: Member | 56 Posts
400 pips since 7-19. Just got stopped out on my last trailing stop on gbp/usd.
 
 
  • Post #2,264
  • Quote
  • Jul 27, 2011 12:12pm Jul 27, 2011 12:12pm
  •  Colostarr
  • | Commercial Member | Joined Oct 2007 | 1,015 Posts
Thanks Jules. Relax? - you have no idea brother! 3 trades open right now (EURUSD, EURGBP, EURCHF) have +180 locked - life is good brother! My accuracy for this method is unparallelled!! Now have 24 consecutive wins over 600 pips in 10 days! And it has been a DOWN month!

Quoting Jules9
Disliked
Relax Rick . Dont let this bozo piss you off. Most of us here really appreciate what you have done and thank you for it. Good Luck and I will check out your site. Peace.
Ignored
 
 
  • Post #2,265
  • Quote
  • Jul 27, 2011 12:25pm Jul 27, 2011 12:25pm
  •  Jules9
  • | Joined Jun 2011 | Status: Member | 56 Posts
Rick I sent you a PM
 
 
  • Post #2,266
  • Quote
  • Jul 27, 2011 12:44pm Jul 27, 2011 12:44pm
  •  Colostarr
  • | Commercial Member | Joined Oct 2007 | 1,015 Posts
Gotcha covered brother!!

Quoting Jules9
Disliked
Rick I sent you a PM
Ignored
 
 
  • Post #2,267
  • Quote
  • Jul 27, 2011 1:03pm Jul 27, 2011 1:03pm
  •  handy148
  • Joined Oct 2010 | Status: Member | 2,538 Posts | Online Now
there's always one to$$er who has to come along and try and spoil the party
 
 
  • Post #2,268
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  • Edited 1:37pm Jul 27, 2011 1:26pm | Edited 1:37pm
  •  Tedge UK
  • | Joined Dec 2010 | Status: Member | 698 Posts
Quoting handy148
Disliked
there's always one to$$er who has to come along and try and spoil the party
Ignored
correct handy always one idiot!
 
 
  • Post #2,269
  • Quote
  • Jul 27, 2011 1:29pm Jul 27, 2011 1:29pm
  •  Colostarr
  • | Commercial Member | Joined Oct 2007 | 1,015 Posts
Tedge can I ask that you edit your post please?

Quoting Tedge UK
Disliked
correct handy always one twat!
Ignored
 
 
  • Post #2,270
  • Quote
  • Jul 27, 2011 1:37pm Jul 27, 2011 1:37pm
  •  Tedge UK
  • | Joined Dec 2010 | Status: Member | 698 Posts
Quoting Colostarr
Disliked
Tedge can I ask that you edit your post please?
Ignored
soz colo
 
 
  • Post #2,271
  • Quote
  • Jul 27, 2011 1:41pm Jul 27, 2011 1:41pm
  •  Colostarr
  • | Commercial Member | Joined Oct 2007 | 1,015 Posts
Thank you brother!

Quoting Tedge UK
Disliked
soz colo
Ignored
 
 
  • Post #2,272
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  • Jul 27, 2011 3:09pm Jul 27, 2011 3:09pm
  •  Puritan
  • | Joined Mar 2011 | Status: Member | 95 Posts
It really bothers me when I read someone critizing some one else's work. If you don't like it go some where else. These people were nice enough to try and help. They don't have to do it. I appreciate what was done here, even if you don't use it or even like it, be thankful there are people out there who are trying to help. Often times a method doesn't work because the person who is trying it isn't following the rules or have the patience to learn.
So, thanks Colostar, I for one thank you for sharing your method.
 
 
  • Post #2,273
  • Quote
  • Edited Jul 29, 2011 12:33am Jul 28, 2011 2:43am | Edited Jul 29, 2011 12:33am
  •  kapybara
  • | Joined Aug 2010 | Status: Member | 167 Posts
Quoting Titch
Disliked
Attached chart of AUD USD 1Hr perfect bounce from trend line as well as balance line and 50 ema. Thin red line is first SL, partial profits taken at consolidation high and then SL moved to BE. Then SL moved up to manage the trade.

I hope this helps
Ignored
Hi Titch,

your pic has answered a lot, I was just curious, if you entered right after signal candle or later on, when ranging area was cleared. Now I see, that you took partial profit w/ move SL to BE and continue w/ managing the trade. Very wise and helping for me Thank you.

BTW here's my setup I found this morning: GU after breaking TL, right now in in congestion area, heading to BL, watch it (bounce trade).

Once again, thank you Rick, Neil and all of you guys here !

Cheers, Milan

EDIT: ... died at BE after being in +38 moving forward
Attached Image (click to enlarge)
Click to Enlarge

Name: GU.jpg
Size: 330 KB
 
 
  • Post #2,274
  • Quote
  • Jul 28, 2011 6:30am Jul 28, 2011 6:30am
  •  mfinab
  • | Joined Jul 2010 | Status: Member | 366 Posts
Quoting Peretola
Disliked
Hello everyone.
Here you have version 0.2 of my Compilation rules. I added a table of contents and two new items. I hope you find it useful. This system must grow!
Ignored
Hi Perotola

thanks for compiling those rules. It help me a lot to read important things from that thread.

I'm still in but more quiet here.

Have a good day to all of you guys and Green pips too !

Mfinab,
 
 
  • Post #2,275
  • Quote
  • Jul 29, 2011 2:27am Jul 29, 2011 2:27am
  •  Sesshaumaru
  • | Joined Oct 2009 | Status: Member | 53 Posts
Quoting Colostarr
Disliked
>insert>indicators>trend>Moving average

  1. Change Period to 50
  2. Change MA Method to "Exponential"
  3. Change "Apply To:" High
  4. Click apply>click ok
  5. Create template

Ignored
hello, I'm new to this thread, why apply to high? Isn't it more reasonable to apply to close?
Thanks for your effort to provide this method.
 
 
  • Post #2,276
  • Quote
  • Jul 29, 2011 2:52am Jul 29, 2011 2:52am
  •  Colostarr
  • | Commercial Member | Joined Oct 2007 | 1,015 Posts
Not sure why you would change anything about a system that boasts an 84% win rate - but if you want to apply it to close, then apply it to close, you obviously have your reasons - you should go with them.

Quoting Sesshaumaru
Disliked
hello, I'm new to this thread, why apply to high? Isn't it more reasonable to apply to close?
Thanks for your effort to provide this method.
Ignored
 
 
  • Post #2,277
  • Quote
  • Jul 29, 2011 3:34am Jul 29, 2011 3:34am
  •  Sesshaumaru
  • | Joined Oct 2009 | Status: Member | 53 Posts
Quoting Colostarr
Disliked
Not sure why you would change anything about a system that boasts an 84% win rate - but if you want to apply it to close, then apply it to close, you obviously have your reasons - you should go with them.
Ignored
I'm sorry I didn't read the whole thread, now I know it's 50ema high and close to filter out range market.
Thanks for your swift replay!
 
 
  • Post #2,278
  • Quote
  • Jul 29, 2011 3:38am Jul 29, 2011 3:38am
  •  Colostarr
  • | Commercial Member | Joined Oct 2007 | 1,015 Posts
Anytime

Quoting Sesshaumaru
Disliked
I'm sorry I didn't read the whole thread, now I know it's 50ema high and close to filter out range market.
Thanks for your swift replay!
Ignored
 
 
  • Post #2,279
  • Quote
  • Jul 29, 2011 5:22am Jul 29, 2011 5:22am
  •  Sesshaumaru
  • | Joined Oct 2009 | Status: Member | 53 Posts
I'd say this method is very good, but I have a question, since now it's summer time, does it work during the summer holiday like august?
 
 
  • Post #2,280
  • Quote
  • Jul 29, 2011 5:23am Jul 29, 2011 5:23am
  •  Colostarr
  • | Commercial Member | Joined Oct 2007 | 1,015 Posts
24/330

It's a trend follower / finder. Depending on PA all prices are valid, just depends on your appetite for exposure - high vol. vs. low vol.

Quoting Sesshaumaru
Disliked
I'd say this method is very good, but I have a question, since now it's summer time, does it work during the summer holiday like august?
Ignored
 
 
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