Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

Flying Buddha Trading Idea 36 replies

Equity millipede & Flying Buddha trading journal 9 replies

Build an Equity Millipede with the filtered Flying Buddha 171 replies

Flying buddha pattern 12 replies

16/10/'07 - Crude oil and Greenback flying in opposite directions. 0 replies

Attachments: A Flying Buddha does this work?
Exit Attachments

A Flying Buddha does this work?

  • Post #1
  • Quote
  • First Post: Edited Jul 18, 2018 8:06am Jun 6, 2018 10:15am | Edited Jul 18, 2018 8:06am
A Flying Buddha is any candlestick which: Has a low above the 5 EMA, when the 5 EMA is above the 10 SMA (a bearish Flying Buddha); or Has a high below the 5 EMA, when the 5 EMA is below the 10 SMA (a bullish Flying Buddha).
=============
This is one of the original rules:
"If you are looking for a long trade, for example, and you see a bullish “Flying Buddha” candlestick appear, when the candlestick closes you can put an order for a long trade just above (e.g. 1 pip) the high of that candle"
My rules is just to use the Flying Buddha as a guide,i added more indicators and my insidebar rules. After bullish “Flying Buddha” candlestick appear, find a new or any old INSIDEBAR and put an order for a long trade just above (e.g. 1 pip) the high of that insidebar.You can Add any other indicator and your own rules before you place your trades.
FRESH weekly SIGNAL BELOW
Attached Image (click to enlarge)
Click to Enlarge Name: 33.png Size: 74 KB
If you are placing trades based on some exotic candle stick patterns with multiple stipulations and funny names, you will have a bad time in trading. You are looking in the wrong places.

Instead of trying to look for these patterns, but not investigate WHY this pattern happened (or any other pattern)? This way you will understand how and why the market works the way it does; instead of trying to look at charts for some specific candle pattern that meets this very specific criteria.
Quoting Pedroall
A Flying Buddha is any candlestick which: Has a low above the 5 EMA, when the 5 EMA is above the 10 SMA (a bearish Flying Buddha); or Has a high below the 5 EMA, when the 5 EMA is below the 10 SMA (a bullish Flying Buddha). {image}
I closed my short with over 1k in profits.
i will reenter short below this green bar

Closed P/L:1 260.20
Attached Image (click to enlarge)
Click to Enlarge Name: 18.png Size: 28 KB
Quoting Pedroall
A Flying Buddha is any candlestick which: Has a low above the 5 EMA, when the 5 EMA is above the 10 SMA (a bearish Flying Buddha); or Has a high below the 5 EMA, when the 5 EMA is below the 10 SMA (a bullish Flying Buddha). {image}
Can I get your investor password please, I am really wanna see your long trading history.
#2 FB
closed profits USD$109.00
Attached Image (click to enlarge)
Click to Enlarge Name: 24.png Size: 35 KB
When you see a FB use your own rules to :ENTER.EXIT. ST and TP
Attached Image (click to enlarge)
Click to Enlarge Name: 25.png Size: 28 KB
fb 1
Attached Image (click to enlarge)
Click to Enlarge Name: 29.png Size: 23 KB
  • Post #8
  • Quote
  • Edited at 12:13pm Jun 7, 2018 10:34am | Edited at 12:13pm
today profits
Closed P/L:5 083.06
Quoting Pedroall
fb 1 {image}
Reentered short Daily chart ell signal
Attached Image (click to enlarge)
Click to Enlarge Name: 45.png Size: 33 KB
This idea is one of the losing money idea.
Subs. Thanks and
Regards
hi Pedroall this may be of interest to you, it's from the Millipede thread.

Chris

Attached File
File Type: doc flying buddah idea.doc   97 KB | 505 downloads
  • Post #13
  • Quote
  • Edited at 5:13pm Jun 9, 2018 3:42am | Edited at 5:13pm
adding inside bar lines and TL
Attached Images (click to enlarge)
Click to Enlarge Name: 12.png Size: 41 KB Click to Enlarge Name: 1 FRIDAY RED.jpg Size: 146 KB Click to Enlarge Name: 0 RECORD.png Size: 61 KB
  • Post #14
  • Quote
  • Edited at 7:53am Jun 10, 2018 7:13am | Edited at 7:53am
AMD,RUT
CHART
Attached Images (click to enlarge)
Click to Enlarge Name: 2018-06-10-TOS_CHARTS7.png Size: 72 KB Click to Enlarge Name: 2018-06-10-TOS_CHARTS8.png Size: 78 KB Click to Enlarge Name: Screenshot_2018-06-10-07-01-48.png Size: 216 KB Click to Enlarge Name: 9.png Size: 36 KB
trade for monday im selling short MAR
the price closed below the IB and below the TL
====================
IWM
Flying Buddah sell signal triggered by next bar rules
Attached Images (click to enlarge)
Click to Enlarge Name: 2.png Size: 55 KB Click to Enlarge Name: 13.png Size: 37 KB
Quoting Zdrux
If you are placing trades based on some exotic candle stick patterns with multiple stipulations and funny names, you will have a bad time in trading. You are looking in the wrong places. Instead of trying to look for these patterns, but not investigate WHY this pattern happened (or any other pattern)? This way you will understand how and why the market works the way it does; instead of trying to look at charts for some specific candle pattern that meets this very specific criteria.
It's not a candle pattern, it's a price action recognition, and yes it works, just not all the the time

Same as any other indicator or method

The two most powerful warriors are patience and time. Leo Tolstoy
Quoting Erebus
{quote} It's not a candle pattern, it's a price action recognition, and yes it works, just not all the the time Same as any other indicator or method
I got the secret to make it work most of the time.
Last week I made over 12k real money .
Attached Image (click to enlarge)
Click to Enlarge Name: 1 RECORD.jpg Size: 49 KB
Quoting Pedroall
{quote} I got the secret to make it work most of the time. Last week I made over 12k real money . {image}
BOOYAH, very good to hear that

Please share at least 1 chart to keep the dream alive !!!!

The two most powerful warriors are patience and time. Leo Tolstoy
Quoting Erebus
{quote} BOOYAH, very good to hear that Please share at least 1 chart to keep the dream alive !!!!
more test need to be done .
how do you trade the FB?
Quoting Pedroall
{quote} more test need to be done . how do you trade the FB?
Are you serious?

You claim to make $12,000 real trades profit, and yet you can't share even 1 chart?

Wow, how about a pair or timeframe, session even?

Any information, I thought that was the idea of a forum?

Cheers
The two most powerful warriors are patience and time. Leo Tolstoy
0 traders viewing now