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Simple trading but profitable

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  • Post #1
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  • First Post: Edited May 17, 2018 10:34pm May 14, 2018 4:10am | Edited May 17, 2018 10:34pm
  •  liunliun
  • Joined Mar 2017 | Status: Member | 394 Posts
hi traders. today i will teach you a simple system which i use in the futures market in my country.
the system is very simple,but you should always keep some rules in your mind.
the first rule:hold your profit and stop your loss.
the second rule:drop a little money to get more.

here i will show you how to trade it.
1st. open your chart,you can trade any timeframe,but i don't agree low than 30m.
2nd.search a line where is important price
3rd. buy when price upper than the line,sell when the price is below than the line.
4th.you will have many some loss trades,but once you get the profit,it will be so large.so be patience when the price is not leaving the line.

read post 137 carefully then post.


please don't post this thread again, I deleted the account show,and I want to shut this thread down,thank you .
  • Post #2
  • Quote
  • May 14, 2018 5:48am May 14, 2018 5:48am
  •  BataviaTrade
  • Joined Jul 2011 | Status: Member | 684 Posts
Wow.... I wonder why I never came up with this! Amazing! Thanks for sharing!
 
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  • Post #3
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  • May 14, 2018 6:50am May 14, 2018 6:50am
  •  liunliun
  • Joined Mar 2017 | Status: Member | 394 Posts
this is the principle of this method.
theoretically speaking you will never loss more than the spread or commission.
but the last time that you take your trade in the line that will give you a large number of pips.
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  • Post #4
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  • May 14, 2018 6:57am May 14, 2018 6:57am
  •  liunliun
  • Joined Mar 2017 | Status: Member | 394 Posts
because its too simple ,that ppl don't believe that can make green pips.
but in fact, every method can give you profitable ,that you just need to do is that make sure your tp:sl>=2:1
 
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  • Post #5
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  • May 14, 2018 8:17am May 14, 2018 8:17am
  •  Knez
  • | Joined Jul 2009 | Status: Member | 250 Posts
Quoting liunliun
Disliked
hi traders. today i will teach you a simple system which i use in the futures market in my country. the system is very simple,but you should always keep some rules in your mind. the first rule:hold your profit and stop your loss. the second rule:drop a little money to get more. here i will show you how to trade it. 1st. open your chart,you can trade any timeframe,but i don't agree low than 30m. 2nd.draw a line where the recent bar is open 3rd. buy when price upper than the line,sell when the price is below than the line. 4th.you will have many some...
Ignored


so basically, every 30min you place new line at the open of new candle and buy/sell above/below open of the candle?
 
 
  • Post #6
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  • May 14, 2018 9:46am May 14, 2018 9:46am
  •  liunliun
  • Joined Mar 2017 | Status: Member | 394 Posts
Quoting Knez
Disliked
{quote} so basically, every 30min you place new line at the open of new candle and buy/sell above/below open of the candle?
Ignored
no
now lets define that how to know if one trade is over, the answer is not that open-close.the answer is when you finish the last profit trade then they are done.

so we don't move the balance line if the price are not leaving the line
 
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  • Post #7
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  • May 14, 2018 9:50am May 14, 2018 9:50am
  •  MichaelSch
  • Joined Dec 2015 | Status: Member | 2,055 Posts | Online Now
Quoting liunliun
Disliked
{quote} no now lets define that how to know if one trade is over, the answer is not that open-close.the answer is when you finish the last profit trade then they are done. so we don't move the balance line if the price are not leaving the line
Ignored
Sometimes it is better to have something visual to the text for learning. Can you please show us how this will work with a drawing?
Market is more simple as you think.
 
 
  • Post #8
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  • May 14, 2018 9:51am May 14, 2018 9:51am
  •  liunliun
  • Joined Mar 2017 | Status: Member | 394 Posts
we don't need to forecast the trend in the future.
we just follow the trend that we draw in the past.
 
2
  • Post #9
  • Quote
  • May 14, 2018 9:54am May 14, 2018 9:54am
  •  BubaYaga
  • Joined Jun 2014 | Status: coffee's for closers | 699 Posts
Alright, I love it.

When a new candle is created, do you wait for price to deviate away from open a certain amount of pips before placing pending at the open level?

And when do you know it's time to take profit?
if you don't do your maths, the maths will do you.
 
 
  • Post #10
  • Quote
  • May 14, 2018 9:57am May 14, 2018 9:57am
  •  Knez
  • | Joined Jul 2009 | Status: Member | 250 Posts
Quoting liunliun
Disliked
we don't need to forecast the trend in the future. we just follow the trend that we draw in the past.
Ignored

so to cut long story short:
what time or which candle to use to draw the line and trade accordignly to that line!?
 
 
  • Post #11
  • Quote
  • May 14, 2018 9:59am May 14, 2018 9:59am
  •  liunliun
  • Joined Mar 2017 | Status: Member | 394 Posts
here is an example.
for now i draw the line where the top of a mountain,because there should be an important demand area or resistance line.so the price will leave the line quickly.

and now the price cross over the line from below to above,then i entry long trade,but if price touch back and cross the line i will short.....

is that clear? its so easy but really profitable.

don't fall in the indicators, they are all base on the moving average.
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  • Post #12
  • Quote
  • May 14, 2018 10:01am May 14, 2018 10:01am
  •  liunliun
  • Joined Mar 2017 | Status: Member | 394 Posts
Quoting BubaYaga
Disliked
Alright, I love it. When a new candle is created, do you wait for price to deviate away from open a certain amount of pips before placing pending at the open level? And when do you know it's time to take profit?
Ignored
in one line ,i usually waiting for the pips cover the previous lossing pips,and then set here as min profit.
 
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  • Post #13
  • Quote
  • May 14, 2018 10:05am May 14, 2018 10:05am
  •  Knez
  • | Joined Jul 2009 | Status: Member | 250 Posts
Quoting liunliun
Disliked
here is an example. for now i draw the line where the top of a mountain,because there should be an important demand area or resistance line.so the price will leave the line quickly. and now the price cross over the line from below to above,then i entry long trade,but if price touch back and cross the line i will short..... is that clear? its so easy but really profitable. don't fall in the indicators, they are all base on the moving average. {image}
Ignored

according to your chart, it's a breakout trade .... break of most recent/important high/low?
 
 
  • Post #14
  • Quote
  • May 14, 2018 10:07am May 14, 2018 10:07am
  •  MichaelSch
  • Joined Dec 2015 | Status: Member | 2,055 Posts | Online Now
Quoting liunliun
Disliked
here is an example. for now i draw the line where the top of a mountain,because there should be an important demand area or resistance line.so the price will leave the line quickly. and now the price cross over the line from below to above,then i entry long trade,but if price touch back and cross the line i will short..... is that clear? its so easy but really profitable. don't fall in the indicators, they are all base on the moving average. {image}
Ignored
Thanks, something that can i work with and it support your teaching. I trade also without any indicator.
Market is more simple as you think.
 
 
  • Post #15
  • Quote
  • May 14, 2018 10:12am May 14, 2018 10:12am
  •  liunliun
  • Joined Mar 2017 | Status: Member | 394 Posts
Quoting Knez
Disliked
{quote} according to your chart, it's a breakout trade .... break of most recent/important high/low?
Ignored
no
i just tell you guys a basement function!!!
use this function ,you can get every trend.
its not about breakout trade or retrace balabala
 
3
  • Post #16
  • Quote
  • May 14, 2018 10:13am May 14, 2018 10:13am
  •  liunliun
  • Joined Mar 2017 | Status: Member | 394 Posts
Quoting Knez
Disliked
{quote} according to your chart, it's a breakout trade .... break of most recent/important high/low?
Ignored
you can put your balance line everywhere,
but a good position will give you less crosses.
 
2
  • Post #17
  • Quote
  • May 14, 2018 10:22am May 14, 2018 10:22am
  •  llxx77dd
  • | Membership Revoked | Joined Nov 2017 | 199 Posts
sometime you feel like you are losing your mind all together
 
 
  • Post #18
  • Quote
  • May 14, 2018 10:24am May 14, 2018 10:24am
  •  liunliun
  • Joined Mar 2017 | Status: Member | 394 Posts
Quoting llxx77dd
Disliked
sometime you feel like you are losing your mind all together
Ignored
what do you mean?
 
 
  • Post #19
  • Quote
  • May 14, 2018 10:29am May 14, 2018 10:29am
  •  maxus182
  • | Joined Mar 2017 | Status: Member | 15 Posts
Are you closing trades or hedging?
 
 
  • Post #20
  • Quote
  • May 14, 2018 10:42am May 14, 2018 10:42am
  •  Knez
  • | Joined Jul 2009 | Status: Member | 250 Posts
Quoting liunliun
Disliked
{quote} you can put your balance line everywhere, but a good position will give you less crosses.
Ignored
so it's like flipping coin:
place your line anywhere you want, and trade according to that line!

what kind of explanation/method is that?
 
 
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