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The "V" trading system

  • #361
  • Jun 27, 2017 1:17am Jun 27, 2017 1:17am
+64 with UJ
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 80 KB
trading is like dancing, don't think and just listen to the music!
  • #362
  • Jun 27, 2017 2:25am Jun 27, 2017 2:25am
+48 with NCH
one is still running, the GC short
Attached Image (click to enlarge)
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trading is like dancing, don't think and just listen to the music!
  • #363
  • Jun 27, 2017 3:20am Jun 27, 2017 3:20am
+42 with EU,
was pretty fast due to draghi
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 84 KB
trading is like dancing, don't think and just listen to the music!
  • #364
  • Jun 27, 2017 3:23am Jun 27, 2017 3:23am
Good Stuff birdland! , H4 is a rock-star today.
What goes up will come down...
  • #365
  • Jun 27, 2017 5:14am Jun 27, 2017 5:14am
Attached Image (click to enlarge)
Click to Enlarge Name: AUD JPY.png Size: 46 KB

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Click to Enlarge Name: AUD NZD.png Size: 43 KB

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Click to Enlarge Name: AUD USD.png Size: 90 KB

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Click to Enlarge Name: GBP AUD.png Size: 87 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBP USD.png Size: 83 KB


Edit - Aud Usd is not an active sell
  • #366
  • Jun 27, 2017 5:51am Jun 27, 2017 5:51am
Hi Avail,

After V is formed, do you wait for the new candle to break the high (buy scenario) of the previous candle?

Hows the winning ratio so far? I encountered quite a few negative ones already.
  • #367
  • Jun 27, 2017 6:40am Jun 27, 2017 6:40am
Quoting eguitarist
Hi Avail, After V is formed, do you wait for the new candle to break the high (buy scenario) of the previous candle? Hows the winning ratio so far? I encountered quite a few negative ones already.

The candle break confirms the entry.
I only have a small sample of data but so far the R:R is keeping me ahead.
Trading in line with the impulsive moves / structure helps as the R:R will keep you in pips.
I'm not the best at explaining so hopefully the attached chart helps.

Each one would have paid a 1:3

Keep an eye on Landline and Sam, they have much more experience than myself.
Attached Image (click to enlarge)
Click to Enlarge Name: eguitarist.png Size: 65 KB
  • #368
  • Jun 27, 2017 7:28am Jun 27, 2017 7:28am
Hi Guys,
one quick question please
If a stop loss is hit then we should enter a trade right away on that opposite direction or wait for next signal

Thanks
R
  • #369
  • Jun 27, 2017 7:47am Jun 27, 2017 7:47am
Quoting rookie14
Hi Guys, one quick question please If a stop loss is hit then we should enter a trade right away on that opposite direction or wait for next signal Thanks R
wait for the next signal. there are enough signals...
trading is like dancing, don't think and just listen to the music!
  • #370
  • Jun 27, 2017 8:26am Jun 27, 2017 8:26am
Quoting rookie14
Hi Guys, one quick question please If a stop loss is hit then we should enter a trade right away on that opposite direction or wait for next signal Thanks R
Hi Rookie14

depending on your risk apetite , trading targets and market sentiment , trading hours etc ...there are really many factors and you are the best person to answer this question.

But in short:-

Conservative approach - wait for next signal
Aggressive approach - enter in opposite direction ( even two contracts or double size )

Green pips to you!
What goes up will come down...
  • #371
  • Edited 8:48am Jun 27, 2017 8:31am | Edited 8:48am
Quoting sam68
Hello traders, Watch-list for week 26/6 - 3/7 AUDUSD , let's see how will today close , price retraced to 50MA and could bounce up AUDJPY , same story here , pull back above MA , trend continuation set up may be underway Brent , exhausted trend , possible change to the upside , notice opening gap N,B : Still holding the EURAUD from last week Good luck for everyone! {image} {image} {image} {image}
Live trade update:

EURAUD +90 pips , SL moved to BE+

New Trades:

  1. New position opened LONG AUDUSD
  2. New position opened LONG AUDJPY

Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 37 KB
Click to Enlarge Name: Screenshot2.png Size: 38 KB
What goes up will come down...
  • #372
  • Jun 27, 2017 10:27am Jun 27, 2017 10:27am
Hi All,

I made a quick indi for painting rectangles on the points of interest.

Maybe we can use 2 or 3 time frames to align with each other.

eg in the attached image I used a Weekly, a daily and a 4h chart and when they all align we could have a possible good entry.

Hope this helps
Attached Image (click to enlarge)
Click to Enlarge Name: Vtrading.jpg Size: 342 KB
Attached File(s)
File Type: ex4 VTrading.ex4   8 KB | 500 downloads
  • #373
  • Jun 27, 2017 10:42am Jun 27, 2017 10:42am
It looks like maybe 3 or 4 traders here have produced and posted good results consistently using the daily V entry method. or their slight variation of it which is good.

Rather than me talk, here's a very basic question that needs thinking about.

Will you realistically be able to make a living from it, and if not....why not?

It isn't a trick question, but intended instead for you to ponder where any foreseeable preventions to the question may exist.

I'll await any interesting comments before adding mine.
  • #374
  • Jun 27, 2017 10:45am Jun 27, 2017 10:45am
+61 with UC...GC still running short
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 81 KB
trading is like dancing, don't think and just listen to the music!
  • #375
  • Jun 27, 2017 11:14am Jun 27, 2017 11:14am
Live trade update:

EURAUD TP HIT : 140+ pips!

Congrats for whoever got richer
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 25 KB
What goes up will come down...
  • #376
  • Jun 27, 2017 11:28am Jun 27, 2017 11:28am
Quoting Landline
It looks like maybe 3 or 4 traders here have produced and posted good results consistently using the daily V entry method. or their slight variation of it which is good. Rather than me talk, here's a very basic question that needs thinking about. Will you realistically be able to make a living from it, and if not....why not? It isn't a trick question, but intended instead for you to ponder where any foreseeable preventions to the question may exist. I'll await any interesting comments before adding mine.
Hi Landline,

Thanks for your question , for me personally I can easily say that I will not make a living from this method alone , but I can use it comfortably along with other strategies / analysis to highlight possible entry points or reversal areas that can assist me become a better trader.

I think that this market needs flexibility , knowledge and most important psychological control over fear & greed so depending on your personal circumstances and account size the "why not" can be discussed.

My regards
What goes up will come down...
  • #377
  • Jun 27, 2017 11:31am Jun 27, 2017 11:31am
Quoting shatz
Hi All, I made a quick indi for painting rectangles on the points of interest. Maybe we can use 2 or 3 time frames to align with each other. eg in the attached image I used a Weekly, a daily and a 4h chart and when they all align we could have a possible good entry. Hope this helps {image} {file}
Thank you shatz for your nice contribution , definitely can add to our arsenal of non repainting visual aids
What goes up will come down...
  • #378
  • Jun 27, 2017 12:16pm Jun 27, 2017 12:16pm
Quoting sam68
{quote} Hi Landline, Thanks for your question , for me personally I can easily say that I will not make a living from this method alone , but I can use it comfortably along with other strategies / analysis to highlight possible entry points or reversal areas that can assist me become a better trader. I think that this market needs flexibility , knowledge and most important psychological control over fear & greed so depending on your personal circumstances and account size the "why not" can be discussed. My regards
Thanks for honestly replying Sam, your comments are correct in all that you said

Those that have posted set ups have demonstrated their capability of finding an entry, so well done.

Before I say more, there is 1 common denominator illustrated by everyone on their charts and their results. It is quite obvious to me, and again, rather than spell it out, I wonder whether it is obvious to yourself and the other viewers.....any comments are welcome
  • #379
  • Jun 27, 2017 12:17pm Jun 27, 2017 12:17pm
No exit point?
Just trying to put a kiss on the cheek of success
  • #380
  • Jun 27, 2017 12:23pm Jun 27, 2017 12:23pm
Quoting pet3250
No exit point?
Nope.... but it's a fair point nonetheless.

I can't recall whether the original video covered it tbh....but my illustrated trades certainly did and is crucial to success.
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