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Attachments: The Spartan Trader FX System
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The Spartan Trader FX System

I have taken both my take profit 1 and 2 , now holding my 3 position.
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>>> Trade like nobody is watching
Quoting falkenboi
I am looking to go long on gbpnzd .We have got a daily trendline break and in the four hourly and one hourly a nice 123 pattern .Hoping to take longs in the 5m chart . I would love to hear your opinion .
Quoting falkenboi
I have taken both my take profit 1 and 2 , now holding my 3 position.
Apologies for missing your post falkenboi - I normally get notified by FF to any new post but it appears to not have happened on this occasion.

Looks like a decent spartan setup to me.

My broker (GO Markets Australia) does not offer GN to me so I can only comment based on a chart I can view in http://au.investing.com/currencies/gbp-nzd-chart

If I was trading this I would probably have waited until 15th Dec I think so that I could be more confident that price was breaking out long and 12eMA was showing momentum by crossing over (Xover) the 36eMA on H1 TF

Nice profit result so far. What is your Stop Loss tactic to manage your trades?
- if I was trading this I would still be active and have my SL around 1.7775 based on the 36eMA+10 pips when the H1 swing point happened on 19th Dec at 1400 GMT
- based on the snapshot you showed above I would have my SL tightened to at least 1.7730 to protect some profits for the remaining positions
I have taken a new trade in eur/cad . Even though its a late entry i believe it will cover both my tp1 and tp2 . It was a clean 4h 123 break , I took entry in the 15 minute chart .
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>>> Trade like nobody is watching
  • Post #44
  • Quote
  • Edited 10:38pm Dec 20, 2016 9:49pm | Edited 10:38pm
Quoting falkenboi
I have taken a new trade in eur/cad . Even though its a late entry i believe it will cover both my tp1 and tp2 . It was a clean 4h 123 break , I took entry in the 15 minute chart
Spartan123 setup looks good to me

What is your approach - any setup on any TF or just looking for setups on specific TFs?

Please confirm what time zone is showing on your chart - is it GMT or some other zone? My charts use GMT+2hrs as my Broker server is in Europe.

I did not get notified about this post either. I am subscribed to be notified by any "new replies" to the Forum and I note that this post is showing up as a "new reply" after selecting to "quote" your post so I cannot explain why the notifications are not happening. I will check with FF to see if there is some bug in the system at present with notifications
My gbp/nzd trade is still running with a profit of +200 pips . I closed my eur/cad trade with one lot out and breakeven with all other positions as i didnt think the pair will go down further .
>>> Trade like nobody is watching
Quoting falkenboi
My gbp/nzd trade is still running with a profit of +200 pips . I closed my eur/cad trade with one lot out and breakeven with all other positions as i didnt think the pair will go down further .
I am getting notified about your posts now so the re-subscribing I did to this Forum might have helped or FF Admin staff have tweaked something in response to my question and have not bothered to tell me. Either way, I will now be alerted about any new posts to this forum
  • Post #47
  • Quote
  • Edited Dec 22, 2016 4:19pm Dec 21, 2016 7:54pm | Edited Dec 22, 2016 4:19pm
I am seeing AUDNZD currently at point 3 and setup for a spartan short trade.
- LL are being made
- Higher Time Frame (HTF) MAs are above price forming more resistance

But I am waiting for H4 12eMA to Xover H4 36eMA before I enter.

If you agree then click on the like finger, otherwise select quote and provide me your alternate thoughts

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23/12/2016 - this trade is still active but not doing much yet
Upcoming GBPCHF short trade is setting up on WK TF
- Point 3 Xover bar is forming this week
- possible entry next week
- reversal is coinciding with re touch of an R level @ 1.2813
- wait for WK bar to close and plan entry next week perhaps

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If you agree then click on the LIKE finger, otherwise select quote and provide me your alternate thoughts
I see a new setup for today in EURUSD

Price has been rejected by sellers at touch of D1 12eMA forming a reversal bar, coinciding with a 123 setup on H4 36 eMA

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  • Post #50
  • Quote
  • Edited 6:42pm Jan 3, 2017 5:52pm | Edited 6:42pm
My Spartan123 Watch List for 2016-01-04:

  1. EURUSD short - waiting for momentum to show on LTF first
  2. EURCAD short - waiting for momentum to show on LTF first
  3. EURAUD short - waiting for S123 setup on H4 to reach point 3
  4. GBPCHF short - waiting for a H1 setup once I see 12/36 Xover
  5. GBPJPY Long - waiting for H4 to provide entry signal (I see Point 3 forming with the 2016-01-04 0000 bar)
  6. NZDUSD short - waiting for H1 setup to provide entry signal on M5
  7. NZDJPY Long - waiting for H4 to provide entry signal (I see Point 3 forming with the 2016-01-04 0000 bar)

My current pending orders:

Attached Image


Anyone agree / disagree?
Hello everyone, so how are yous getting on with the Spartan system? I have a similar top down approach with heiken & s/r so I hope this method will strengthen my overall trading. I only started live last month so still learning. At the moment I think eur/jpy is crying out for a short;

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who dares wins
@masterjedi i dont think its a good trade given its on the 36ema on daiy chart and the trend is still up . We have to wait for confirmation after it has broken down the 36 ema and make a good 123 in h4 or h1
>>> Trade like nobody is watching
Quoting falkenboi
@masterjedi i dont think its a good trade given its on the 36ema on daiy chart and the trend is still up . We have to wait for confirmation after it has broken down the 36 ema and make a good 123 in h4 or h1
Hi Falken, should I wait for daily to actually close below the 36 or is OK to take action once it simply crosses the line? is this pair on your radar as well?
who dares wins
  • Post #54
  • Quote
  • Edited 7:06pm Jan 15, 2017 5:23pm | Edited 7:06pm
Quoting MasterJedi
...At the moment I think eur/jpy is crying out for a short
Quoting falkenboi
@masterjedi i dont think its a good trade given its on the 36ema on daiy chart and the trend is still up . We have to wait for confirmation after it has broken down the 36 ema and make a good 123 in h4 or h1
Welcome to this thread Masterjedi The few traders who are monitoring this site are not yet proficient in the Spartan strategy, so we are trying to find ways to help each other achieve better consistency from the strategy and decide whether it is a strategy we can adopt into the future.

Re EJ: I am waiting for the Xover bar to form on D1 before I would consider entering long, and am watching H4 for a possible setup short given there is a lot of resistance above price right now from the Higher Timeframes (HTF) MN, WK, D1 200 & 633 moving averages

  1. What is the Xover [i.e. cross over] bar you ask? It is the closed candle that crosses over the 2-3 line in the direction of the impending trend and & closes past the body of the POINT 3 candle. I expect that wont make sense to you if you dont understand the spartan strategy; however, I will keep clarifying these things to help build your awareness.

Quoting GregT
{quote} {quote} Welcome to this thread Masterjedi The few traders who are monitoring this site are not yet proficient in the Spartan strategy, so we are trying to find ways to help each other achieve better consistency from the strategy and decide whether it is a strategy we can adopt into the future. Re EJ: I am waiting for the Xover bar to form on D1 before I would consider entering long, and am watching H4 for a possible setup short given there is a lot of resistance above price right now from the Higher Timeframes (HTF) MN, WK, D1 200...
Thanks Greg for the welcome. My understanding of the system is very simple, maybe too simplistic. The most important aspect are the key levels from daily & weekly. Once price shows signs of reversal in those areas i.e. heiken (closed) colour change then we can enter if we want an aggressive entry. If we want to be more conservative we wait for the 123. Would be great if there was an additional filter for better confirmation i.e. divergence for example but I have a feeling it isn't necessary. Trading from key levels & good money management is the edge. However I suppose keeping informed about important fundamentals would help determine whether price is likely to break a key level or not.

By the way I just checked my Spartan literature to find out about the xover but there's no mention of it? I don't quite understand what you mean, if possible could you explain more?

who dares wins
Quoting MasterJedi
{quote} ... By the way I just checked my Spartan literature to find out about the xover but there's no mention of it? I don't quite understand what you mean, if possible could you explain more?
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My interpretation of the Spartan strategy is that we should wait for the Xover bar to close then enter as follows:

  1. if Xover bar is D1, wait till D1 close + 5 pips is taken out in the direction of intended trade
  2. if Xover is H4 or below, then wait till the bar HI or LOW is taken out by 3 pips before I enter

Excellent, thanks very much Greg. I understand what you mean now
who dares wins
Took a trade in Eurchf .nice D 123 and h4 123. took entry in 5 min. Took 2 of my position and now i am on a win win situation .
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>>> Trade like nobody is watching
USDCAD looks like H4 is crossing soon both 200 and 633 after 12 just crossed above 36.

https://www.tradingview.com/x/UO4yQZV1/
I used to be indecisive but now I'm not so sure...
Quoting Filipo1
USDCAD looks like H4 is crossing soon both 200 and 633 after 12 just crossed above 36. https://www.tradingview.com/x/UO4yQZV1/
Better like this I hope.
https://www.tradingview.com/x/rBTWOcEm/
I used to be indecisive but now I'm not so sure...
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