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Attachments: SAFE - KISS
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SAFE - KISS

My GBPUSD Sell entries GR8 day.
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Many thanks to Ralffe for sharing his strategy. I think we would appreciate if you post your charts from time to time so that we can ensure we are drawing the trendlines correctly.

Regards, Roy
I got into the NZD/USD and stayed in itwhere you see the purple vertical line for ~4 days ... made $16.
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$4 a day ain't too shabby ... is it?
Thre's more to this than just trendiness of pairs. Account size and risk tolerance play HUUUUge roles too. If you have a small account (which I do) the stop-loss levels means a small take-home pay package ... many, many pips to make any money.
Quoting tenthman
Thre's more to this than just trendiness of pairs. Account size and risk tolerance play HUUUUge roles too. If you have a small account (which I do) the stop-loss levels means a small take-home pay package ... many, many pips to make any money.
What you need is the winning ratio of the KISS system. Then you can combine that ratio with your account and lot size to take a measurable risk and make good profit.
There are no weapons that will form against my financial prosperity.
Quoting tenthman
Thre's more to this than just trendiness of pairs. Account size and risk tolerance play HUUUUge roles too. If you have a small account (which I do) the stop-loss levels means a small take-home pay package ... many, many pips to make any money.
Depending on what Ralffe thinks, you could maybe trade a 4hr chart of a pair which is trending well on the daily.

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Good Trading
Twas a great week. Well worth waiting for.
Not much on the calendar for next week so we could see consolidation before the next continuation moves.
Too early to tell yet but here are the tentative lines at present. They could change with next weeks price action.
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Conventional trading is for losers
Interesting to note. Not a huge number of participants on this thread.

The average FF member is a loser yet if a thread does not have charts lit up like a xmas tree with lotsa useless indicators & or a equally useless EA attached they are just not interested.
I guess they will have to carry on being losers.
Conventional trading is for losers
Yes, FF traders are like flies. Attracted to #[email protected]!.

What are the white boxes?

I notice you are hooking your new lines on any arbitrary point. Not swings high and low. It's not clear what you think a 'wave' is in your video explanation if it's not a swing high/low.

This is what I think they are.

Swing high
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A middle bar that pokes up above its fellows on either side.

Swing low
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A middle bar that pokes down below its fellows on either side.

Is this just something you do early in a trade?

If it doesn't matter where you put your lines, and you're mostly concerned with getting the angle right, maybe we can come up with a definition and measurement for the correct angle.
Quoting clemmo17
Yes, FF traders are like flies. Attracted to #[email protected]!. What are the white boxes? I notice you are hooking your new lines on any arbitrary point. Not swings high and low. It's not clear what you think a 'wave' is in your video explanation if it's not a swing high/low. This is what I think they are. Swing high {image} A middle bar that pokes up above its fellows on either side. Swing low {image} A middle bar that pokes down below its fellows on either side. Is this just something you do early in a trade? If it doesn't matter where you put your lines,...
No, as I said they are tentative lines. If we get consolidation next week as I suspect they will become more apparent. If necessary I will redraw them & post when appropriate.
Conventional trading is for losers
Quoting Ralffe
Twas a great week. Well worth waiting for. Not much on the calendar for next week so we could see consolidation before the next continuation moves. Too early to tell yet but here are the tentative lines at present. They could change with next weeks price action. {image} {image} {image} {image} {image} {image}
Hi Ralffe, I have you to thank for this week being one of the best weeks I have had trading forex, in a long time. I have been trading and losing over all, for a long, long time now. Although I have never given up, you have given me back the confidence to know it has not all been in vain. The best thing you have helped me with sir, is changing my mind set of trying to scalp my way to profits. I have for the last several years been searching for both a simple and profitable system and when I found one, then I would proceed to over trade it, and continue to lose. You not only have shared one of the simplest stradegies I have yet to see, but were able to express clearly the wisdom of daily trading, and multipling the profits with re entries along the way, and speaking for myself, THAT HAS MADE ALL THE DIFFERENCE!
I appreciate your sharing your charts and thoughts at the end of the week, as it is a great opportunity to compare them to my own lines I have drawn, and reassures me that my thinking is on point.
I wish for you many Blessings in life sir, and thank you again for the desire to help those of us that WERE struggling.
Sincerely,
Andy.
“The waiting is the hardest part” Tom Petty
Quoting SirViver
{quote} Hi Ralffe, I have you to thank for this week being one of the best weeks I have had trading forex, in a long time. I have been trading and losing over all, for a long, long time now. Although I have never given up, you have given me back the confidence to know it has not all been in vain. The best thing you have helped me with sir, is changing my mind set of trying to scalp my way to profits. I have for the last several years been searching for both a simple and profitable system and when I found one, then I would proceed to over trade it,...
Cheers mate.
just takes patience & discipline. Particularly discipline as it takes discipline to be patient.
Conventional trading is for losers
Hi Ralffe.

thank you for showing your system, its the best and easiest one I have tried.
Is oil a good candidate for next week as it has been the other side of the daily trendline for the last couple of days.
regards
kev
My current charts, Ralffe please comment on them.
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Quoting Ralffe
Interesting to note. Not a huge number of participants on this thread. The average FF member is a loser yet if a thread does not have charts lit up like a xmas tree with lotsa useless indicators & or a equally useless EA attached they are just not interested. I guess they will have to carry on being losers.

They lose because they are not (REALLY) interested in understand market dynamics (a thing that this thread help you to do this!) why and when the price moves; and they doesn't really like Trading! They are not curious; Because when you are really and genuinly interested in one thing, you do it with pleasure and you'll be good at this!

The most Trader's objective it's to MAKE MONEY! Stop. They don't like what they do! They trade because "they MUST make money" and Trading (in their dreams) is what that may could help you. This is why around the 90%+ of traders lose, nothing so complicated.
Quoting Ralffe
Twas a great week. Well worth waiting for. Not much on the calendar for next week so we could see consolidation before the next continuation moves. Too early to tell yet but here are the tentative lines at present. They could change with next weeks price action. {image} {image} {image} {image} {image} {image}
Thank you Ralffe, please keep posting your analysis, this help us a lot to build our own eye
I have a good result in demo too but still cant figure out when is the right time to stop moving TL. and how can you manage it when there is fake breakout and continous ranging.
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Quoting MrGreen95
{quote} Aren't you too much exposed with the usd?
Its just a demo... practice the lines and so on.
Thank you Ralffe's with a great Strategy,

I am rereading your Thread again.
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