Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

How To Beat The Market Trading Just 30 Minutes Per Day 3 replies

Trading 24 hours per day, 5 days per week 14 replies

Attachments: (binned per thread starter's request) Beat The Market strategy
Exit Attachments

(binned per thread starter's request) Beat The Market strategy

Quoting pklocust
IF this trade losses Im out of this strategy DOnt wanna waste my time {image}
Why would you enter this trade with indicator that is lagging a lot when price moves fast?
Why would you enter at the recent highs?
Why would you enter close to the top of the channel?
Why would you enter after Trump tweeted something?

Strategy is not a problem. If you could choose better entry indicator/rule and consider price structure, then maybe you would have much better success with this type of strategy.

In 8 years of trading experience I have never ever traded someone else's strategy as it was presented. I always took good parts and changed it after watching charts for some time.
In my opinion, you can only become successful with your own strategy (strategy can be borrowed from someone else but has to be changed according to your personality and style of trading).
I think you're approaching this in a wrong way. But I could be wrong coz I know nothing about you.
Good luck anyway with your trading.
Quoting renko4x
{quote} Why would you enter this trade with indicator that is lagging a lot when price moves fast? Why would you enter at the recent highs? Why would you enter close to the top of the channel? Why would you enter after Trump tweeted something? Strategy is not a problem. If you could choose better entry indicator/rule and consider price structure, then maybe you would have much better success with this type of strategy. In 8 years of trading experience I have never ever traded someone else's strategy as it was presented. I always took good parts...
In short, this is to stress test the strategy
i will still prefer price action with a little indicators
Yes, u entered too late, btm explained, open 2 lots,
1 for tp1
2 aiming to tp2

if u hit tp1, break even second lot in case u don’t hit tp2

so, if u hit tf1, no loss for u.
if u didn’t hit tf1, u did it wrong. Sorry for you sir. Best luck, really
Quoting pklocust
{quote} In short, this is to stress test the strategy i will still prefer price action with a little indicators
I have tested 100s of strategies from FF over the years. Most of them are same thing. Choose one indicator to tell you trend and another indicator for entries. Get list of over 100 MT4 indicators and you can create huge amount of combinations and post them on FF as new strategies/trading ideas.

It's also shame that screenshot you posted is very unclear and useless to see what you did. If you zoomed in then maybe others could comment.
Quoting juanmahache
Any idea why I’m getting alerts too late? Like 2-3 candles late. I miss some good trades. I tried to search again in last 100 pages , but apparently I’m missing something. Sorry for asking using vps with push up notifications {image}
Man, I don't have that last buy arrow.
Quoting forexcentric
{quote} Man, I don't have that last buy arrow.

I also get signal from dashboard
Quoting pklocust
There is still weakness to this system not a solid system yet
if you think its not good system,you can leave the thread and delete the system from your mt4 NOW . you still need to learn about forex trading and improving your english language as i can see you can not read post #1 rules and TIPS . there was no reason to open trade on GBPJPY with that signal . good luck
Quoting pklocust
IF this trade losses Im out of this strategy DOnt wanna waste my time {image}
bye
Anything above the line is an uptrend, below the line is a downtrend.
Quoting juanmahache
Any idea why I’m getting alerts too late? Like 2-3 candles late. I miss some good trades. I tried to search again in last 100 pages , but apparently I’m missing something. Sorry for asking using vps with push up notifications {image}
zoom your chart.alert was on time . laging maybe because of many signal you have at the same time .
Quoting pklocust
IF this trade losses Im out of this strategy DOnt wanna waste my time {image}
I would stay out of this, if I were you. Price is much closer to the upper band than lower, you are entering at TP1, so you are left only with TP 2 while your SL is way bigger. Not good R:R ratio. Besides, price already hit that area twice and bounced back. They may just poke a little bit further up and then reverse...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYbM15.png Size: 27 KB


for what reason exactly anyone should open buy trade by this signal? when signal appeared,almost intp2 ,you wanna 7 pips?
i suggest if anyone can not understand why should not open trade at this point,exit from forex trading now,you will not be a trader .
rules and TIPS are not some shit that you are ignoring them .
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 85 KB


It's shame that people don't spend more time reading properly the rules.
If you are beginner trader and you just apply indicators to your charts and start blindly taking every signal then do not complain when you lose money.
Markets will quickly humble every unprepared/uneducated/undisciplined trader.
Quoting BTM
{quote} zoom your chart.alert was on time . laging maybe because of many signal you have at the same time .
Thank you sir!
Appart from my mistakes, your method seems very clean and clever, giving me a lot happy moments testing in demo account.
Quoting juanmahache
Any idea why I’m getting alerts too late? Like 2-3 candles late. I miss some good trades. I tried to search again in last 100 pages , but apparently I’m missing something. Sorry for asking using vps with push up notifications {image}
Did you look at the price bars when you got the alert? Did you maybe see that the price bars are about 5X the range of the "normal" price bars before that? If price is moving so far on a single bar, then of course it will look to you like the signal is too late. If it were a "normal" sized bar, you would not see any problem.
The markets are speaking to you. Do you know their language? I M T
Quoting pklocust
IF this trade losses Im out of this strategy DOnt wanna waste my time {image}
If you can't be a winner with this strategy, then you should just get out of trading all together and stop wasting your time on something that you cannot do.
The markets are speaking to you. Do you know their language? I M T
Quoting DrDave
{quote} Did you look at the price bars when you got the alert? Did you maybe see that the price bars are about 5X the range of the "normal" price bars before that? If price is moving so far on a single bar, then of course it will look to you like the signal is too late. If it were a "normal" sized bar, you would not see any problem.

Yes, zooming charts as btm explained, seems everything correct. I believe now that I didn’t miss a good trade , just occur really fast due red flags.

thanks for correct me guys
Quoting pklocust
{quote} there is no enter later dude go check bk the chart b4 u talk
Clearly, you don't understand what you are doing. Do yourself a favor and leave trading behind you.
The markets are speaking to you. Do you know their language? I M T
Quoting pklocust
There is still weakness to this system not a solid system yet
I see a great weakness from here. You can see it, too; look in the mirror.
The markets are speaking to you. Do you know their language? I M T
There is a little bit more closed trades for today
Attached Image (click to enlarge)
Click to Enlarge Name: orders.png Size: 24 KB
Quoting renko4x
{quote} Why would you enter this trade with indicator that is lagging a lot when price moves fast? Why would you enter at the recent highs? Why would you enter close to the top of the channel? Why would you enter after Trump tweeted something? Strategy is not a problem. If you could choose better entry indicator/rule and consider price structure, then maybe you would have much better success with this type of strategy. In 8 years of trading experience I have never ever traded someone else's strategy as it was presented. I always took good parts...
You are 100% on that one.
Quoting renko4x
But I could be wrong coz I know nothing about you. Good luck anyway with your trading.
Even luck will not rescue this one.
The markets are speaking to you. Do you know their language? I M T
0 traders viewing now