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Trading "System" when ALL Markets Close

  • #61
  • Sep 17, 2017 2:18am Sep 17, 2017 2:18am
Quoting madscalp
{quote} The problem is : do we need to use fibo levels ? I'm curious to see the charts in live.

My Friend,

Firstly trust......

Attached Image (click to enlarge)
Click to Enlarge Name: 4.PNG Size: 33 KB


then use LIMIT ORDER, because ..... secret is O.236/0.764 to nearest ROUND NUMBER is the entry area.....

See this also......

Attached Image (click to enlarge)
Click to Enlarge Name: 3.PNG Size: 103 KB
  • #62
  • Sep 17, 2017 2:35am Sep 17, 2017 2:35am
No problem, buddy I told you it was an interesting method but it is not the cemilfx's system. Maybe you could open another thread?
  • #63
  • Sep 17, 2017 2:57am Sep 17, 2017 2:57am
CONCLUSION......


trade DIRECTION is OPPOSIT...... but also consider nearest ROUNDNUMBER.....
  • #64
  • Sep 17, 2017 3:11am Sep 17, 2017 3:11am
5 pip target


Attached Image (click to enlarge)
Click to Enlarge Name: 5.PNG Size: 72 KB
  • #65
  • Sep 17, 2017 5:35am Sep 17, 2017 5:35am
Pretty interesting concept here and way of trading. I can understand why he trades with such a huge lot sizes. He has a trade with 3 lots and only $132 profit. Now that tells me it's a very small movement and the only way to make something out of it is to trade with high lots. It could've only been a 4 pips move more or less. With 1 lot 10 pips makes $100. But if you can catch plenty of those moves in the 1 hour period from trading multiple pairs then you're on to something and this can really be a profitable way of trading. Imagine you only need to trade for an hour a day, catch very small pip move then get in and out quickly with those high volume trades. I don't see a problem in his way of trading with huge lot size as long as it fits his account size or as long as it's only 2% or 3% percent of his account. His losses are also very small and very few as well. Small pips target is small pips profit and small losses. With small pips the only way to make something out of it is trade with high lot size. Since the losses can also be very small there is no problem trading with big lot size. Basically you trade with lot sizes that's appropriate for your account size as well. I'll give this one a try on one of my demo accounts but I need a little more info from the OP on what exactly is the type of setup that can be traded and one that can't be traded and should be avoided.

Hope the conversation keeps going.
Patience and Discipline, these are the Holy Grail.
  • #66
  • Sep 17, 2017 2:19pm Sep 17, 2017 2:19pm
Quoting Joseph95
I understand there is nothing to see in your charts, but i'd like to see a screenshot example where you explain where you enter, where you exit and why; It's just for understanding better, because your english is not good and my neither... so i have difficult to understand. Thank you Subscribed
Can you explain a bit how to increase or decrease your position? thenks
  • #67
  • Sep 17, 2017 2:47pm Sep 17, 2017 2:47pm
hi all,

dont think this like forex. all this indicators, fibo, trend lines etc...from my point it has got nothing to do with all these.

all the info is my personal opinion. i am trading this system but i dont know how to trade it. sounds stupid i know. once again thats the reason why i started this thread. maybe someone will be able to solve it. a couple of days ago usd/cad jumped up. i got in trade. but it was a false jump. i dont know why. 1min later it jumped up again. and reversed. that should be the jump i should have trade. you see my problem?

in forex we trade "what price will be in future" 1min later 1 hour later or tomorrow. in this "system" no. we dont do it. we trade what has just happened.

i am still trying to figure out its relations with wrm london fix and forex futures.

hope someone or i can come up with something.

all the best

p.s. position size is full. whatever lot size your account and leverage can. after 9 lots slipage happens much more tho.
  • #68
  • Sep 17, 2017 4:46pm Sep 17, 2017 4:46pm
Thens? I just do not understand this indicator. Does he or she do the shopping automatically or do you shop manually?
  • #69
  • Sep 17, 2017 11:19pm Sep 17, 2017 11:19pm
Quoting cemilfx
hi all, dont think this like forex. all this indicators, fibo, trend lines etc...from my point it has got nothing to do with all these. all the info is my personal opinion. i am trading this system but i dont know how to trade it. sounds stupid i know. once again thats the reason why i started this thread. maybe someone will be able to solve it. a couple of days ago usd/cad jumped up. i got in trade. but it was a false jump. i dont know why. 1min later it jumped up again. and reversed. that should be the jump i should have trade. you see my problem?...
Hi cemilfx
To clarify your system, could you post your trades during next session ?
I think it will be better for the comprehension.
  • #70
  • Sep 18, 2017 1:51am Sep 18, 2017 1:51am
Hi Everyone, I got some observations...

1. GMT 0.00 1M candle on EURUSD

2. If it is Buy..then on next candle onward, try to sell the pair after it goes up for 10-15 pips. The take profit will be closing price of that 1M candle close price. This way, those 10-15 pips are guaranteed since Price is returning to that point

3. If GMT 00.00.00 1M Candle is Sell, the same as above, on next candle onward try to buy the pair after price goes down for 10-15 pips. The take profit will be again the closing price of that 1M candle' close price.

I tried checking this on EURUSD pair and found consistent results on all 5 days of week, almost from August 2017.
I am further checking this concept and let you know if I find out anything further.

regards
Abhijeet
  • #71
  • Sep 18, 2017 2:06am Sep 18, 2017 2:06am
Quoting AbhijetPandi
Hi Everyone, I got some observations... 1. GMT 0.00 1M candle on EURUSD 2. If it is Buy..then on next candle onward, try to sell the pair after it goes up for 10-15 pips. The take profit will be closing price of that 1M candle close price. This way, those 10-15 pips are guaranteed since Price is returning to that point 3. If GMT 00.00.00 1M Candle is Sell, the same as above, on next candle onward try to buy the pair after price goes down for 10-15 pips. The take profit will be again the closing price of that 1M candle' close price. I tried checking...
let me chack this out also. gmt 00:00 is 03:00 here...out of trading hour. are you sure about time? i am gmt +3.

if you can clearify i will check all other pairs too.

this is not my system but i can extract some info from it to be used.
  • #72
  • Sep 18, 2017 2:38am Sep 18, 2017 2:38am
Yes, my broker Alpari is also GMT +3 and i am considering 3.00 on chart for 1M candle.
  • #73
  • Sep 18, 2017 3:24am Sep 18, 2017 3:24am
Quoting AbhijetPandi
Yes, my broker Alpari is also GMT +3 and i am considering 3.00 on chart for 1M candle.

so your trades start from 03.00 right? because my trades are for 00:00 - 01:00.

after that markets starting to open, gold also opens. there are a lot of things to analyze and effect prices.

i will have a look.

all the best

cemil
  • #74
  • Sep 18, 2017 6:00am Sep 18, 2017 6:00am
The key is "Jump", it don't need any indicaor and line. Thanks to cemilfx. Greet!
  • #75
  • Sep 18, 2017 6:21am Sep 18, 2017 6:21am
Quoting lghr
The key is "Jump", it don't need any indicaor and line. Thanks to cemilfx. Greet!
exactly.

forget all forex shit which tells you nothing in the long run.

solve how and why and range the "jumps"...thats it.
  • #76
  • Sep 18, 2017 7:08am Sep 18, 2017 7:08am
a ea for test.
Attached File(s)
File Type: ex4 Jumper.ex4   8 KB | 337 downloads
  • #77
  • Sep 18, 2017 7:29am Sep 18, 2017 7:29am
Quoting cemilfx
{quote} so your trades start from 03.00 right? because my trades are for 00:00 - 01:00. after that markets starting to open, gold also opens. there are a lot of things to analyze and effect prices. i will have a look. all the best cemil

Hello, You can tell where these lines are and what to pay attention? At this time, +3 GMT
  • #78
  • Sep 18, 2017 8:38am Sep 18, 2017 8:38am
Quoting lghr
a ea for test. {file}
Good effort but need some more improvement because it also included week days except sunday start
  • #79
  • Sep 18, 2017 12:37pm Sep 18, 2017 12:37pm
I noticed on the screenshot of your trades that all items from previous day's closing.
  • #80
  • Sep 18, 2017 1:03pm Sep 18, 2017 1:03pm
Hi Cemilfx,

my time zone is EST, -4 GMT. I live in Toronto.
so NY & Toronto, same time zone. what would be time
difference with you/your broker???
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