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The "V" trading system

  • #321
  • Jun 20, 2017 8:22pm Jun 20, 2017 8:22pm
Patiently watching the ES....
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  • #322
  • Jun 20, 2017 11:24pm Jun 20, 2017 11:24pm
Quoting sam68
{quote} Hi Avail , Please do , 4 eyes better than two Here is an update on latest trade AUDCAD , +10pips so far , the thing is this broker had such a wide spread when I placed the order , with live accounts all traders (and reminding my self also! )are advised to be prudent and wait till spread cools down ... {image}

hi Sam,

I have been following this thread for a while . Thanks for the effort. I have a question. what is your criteria for 1st TP?
Hope you will reply.
  • #323
  • Jun 21, 2017 3:28am Jun 21, 2017 3:28am
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  • #324
  • Jun 21, 2017 3:50am Jun 21, 2017 3:50am
Hi Avail ! Could you plz post the params og the red-green hull line you use ?
  • #325
  • Jun 21, 2017 6:03am Jun 21, 2017 6:03am
This strategy worked for me today
  • #326
  • Jun 21, 2017 6:11am Jun 21, 2017 6:11am
Quoting ducoy
This strategy worked for me today
In which pair?
  • #327
  • Jun 21, 2017 6:35am Jun 21, 2017 6:35am
Quoting chappy
Patiently watching the ES....{image}
This could be a rainfall chappy , well spotted to follow on
I would wait for trend break , enter with half a position wait for retest then enter other half.
Please post your updates if materializes
What goes up will come down...
  • #328
  • Jun 21, 2017 6:44am Jun 21, 2017 6:44am
Quoting devsatosi
{quote} hi Sam, I have been following this thread for a while . Thanks for the effort. I have a question. what is your criteria for 1st TP? Hope you will reply.
Trade update AUDCAD

All closed with TP1 , broker gave me a nasty spread both ways!
Strong supply zone
looking for a new setup

Devsatosi, see chart for better understanding

BR
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What goes up will come down...
  • #329
  • Jun 21, 2017 6:45am Jun 21, 2017 6:45am
Quoting ducoy
This strategy worked for me today
Thanks ducoy

Would you like to share a chart?

BR
What goes up will come down...
  • #330
  • Edited 12:01pm Jun 21, 2017 11:02am | Edited 12:01pm
Quoting noorani
{quote} In which pair?
Some JPY pairs + AUDUSD
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  • #331
  • Jun 21, 2017 12:09pm Jun 21, 2017 12:09pm
Quoting ducoy
{quote} Some JPY pairs + AUDUSD {image}
later on... I closed a couple of trades on the four hour chart
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  • #332
  • Jun 21, 2017 12:19pm Jun 21, 2017 12:19pm
Quoting sam68
Hi Traders, I hope you had a good weekend Let's throw in possible trades for next week , AUDCAD , a good setup and possible target of 100 pips to the upside , will enter it on MON morning... current V trade open update: Still holding to EURAUD since 6/6 with +330 pips , I can see some weakness on Friday's candle so expecting a stop out this week. {image} {image}
I may be wrong, but I sense a reversal on EURAUD.....
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  • #333
  • Jun 21, 2017 5:30pm Jun 21, 2017 5:30pm
Quoting ducoy
{quote} I may be wrong, but I sense a reversal on EURAUD..... {image}
Hi Ducoy,

You are actually right!

a buy trade placed accordingly , it's a shame we missed the 40 pip retracement for a better entry point but I think we have a good target of 130 pips ahead of us.
probably a correction before

Will see how it plays.

zoom down to H1 for more PA
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What goes up will come down...
  • #334
  • Jun 21, 2017 5:55pm Jun 21, 2017 5:55pm
Hello Hardworking people,
Joining bit late.....
Is the EA still good to use and on which time frame

Thanks in advance
R
  • #335
  • Jun 21, 2017 6:01pm Jun 21, 2017 6:01pm
And one more thing please
How do we handle whipsaw like this today on USDJPY M30
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  • #336
  • Jun 22, 2017 5:20am Jun 22, 2017 5:20am
Quoting rookie14
Hello Hardworking people, Joining bit late..... Is the EA still good to use and on which time frame Thanks in advance R
Hi Rookie,

Thanks for stopping by and it'snever late to collect them pips!

The Ea was gifted to us for testing purpose only , we do not reccomend launching it on live accounts.
We prefer H4 , Daily and Weekly

Br
What goes up will come down...
  • #337
  • Jun 22, 2017 5:28am Jun 22, 2017 5:28am
Quoting rookie14
And one more thing please How do we handle whipsaw like this today on USDJPY M30 {image}
Dont trade any frame below H4 , as there will be a lot of such whipsaws
What goes up will come down...
  • #338
  • Jun 22, 2017 12:02pm Jun 22, 2017 12:02pm
Hi Sam,
Thank you

Believe me I like this system very much and not intend to discourage , just trying to share my thoughts here
What I just saw on AUDUSD H4 is quite a whipsaw too

Please comment

Thanks
R
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  • #339
  • Jun 22, 2017 3:41pm Jun 22, 2017 3:41pm
Quoting rookie14
Hi Sam, Thank you Believe me I like this system very much and not intend to discourage , just trying to share my thoughts here What I just saw on AUDUSD H4 is quite a whipsaw too Please comment Thanks R {image}
There is no perfect system , but how you manage it can increase your ROI , for example :

if a trade gives you a good run from first bar , it's always advisable to switch to risk free trade and close part of your position , place stop on BE and trail by a % of ATR

if you are stopped out , enter in opposite direction , many cases it's a correction / TP zone / Stop hunt

Be cautious when you select an entry , a good entry for this system is after an exhaustion of a trend ( 7-8 bars approx )

hope this helps

Regards
What goes up will come down...
  • #340
  • Jun 22, 2017 3:48pm Jun 22, 2017 3:48pm
Thanks again Sam,
Can you please show an example
And how to use ATR please

Thanks
R
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