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  • #381
  • May 23, 2018 6:25am May 23, 2018 6:25am
Why do people who think it doesnt work, just show a chart with 10 setups and we count the wins and losses? Pretty simple, why people judge before they test it themselves?
I've tested it so far on 4 pairs and it works beautifully. And I just tested the Daily and Type 1. I'm still working on make the SL tighter, but even without it RR is more than enough.

@Joseph

I have this question, I didnt find an answer for it.
Example: You have Type 1 Bearish Signal, you enter the trade and after some time another Bearish Type 1 Signal appears, do you re-enter or just Ignore it and stay even longer in the trade? You said you dont like to add to a position so I guess you just stay in.
  • #382
  • May 23, 2018 6:39am May 23, 2018 6:39am
I would just like to clarify how to trade with this system.
  • #383
  • May 23, 2018 6:39am May 23, 2018 6:39am
Attached Image (click to enlarge)
Click to Enlarge Name: example3.jpg Size: 94 KB
  • #384
  • May 23, 2018 6:51am May 23, 2018 6:51am
Quoting Eagle-Eye
{image}
Yes Eagle-Eye , IF it close above the previous close it is TYPE 2 setup. If it draws a higher high and still close above the previous close it is TYPE 1 setup . I hope you are not confused .
  • #385
  • May 23, 2018 6:54am May 23, 2018 6:54am
Understand. Thank you.
  • #386
  • May 23, 2018 7:00am May 23, 2018 7:00am
Quoting Eagle-Eye
{quote} What about this? {image}

Cause this was ranging. You think too many in black and white. There are shades too.
  • #387
  • Edited 7:22am May 23, 2018 7:01am | Edited 7:22am
Quoting Eagle-Eye
{image}

Again. You think in black and white. You must be flexible! Anyway, try it! Expect huge drawdowns if you trade the weekly! I personally don't like very very much this trade, because price is ranging inside a weekly candle

This system isn't for you if you aren't flexible; you aren't obliged to take all the signals. This is strictly discretional, so i can't "clarify"definitively

Discretional trading has not rules sculpted in the rock...

If someone can't understand it, change system or you' ll lose.
  • #388
  • Edited 7:19am May 23, 2018 7:07am | Edited 7:19am
Quoting david7
Why do people who think it doesnt work, just show a chart with 10 setups and we count the wins and losses? Pretty simple, why people judge before they test it themselves? I've tested it so far on 4 pairs and it works beautifully. And I just tested the Daily and Type 1. I'm still working on make the SL tighter, but even without it RR is more than enough. @Joseph I have this question, I didnt find an answer for it. Example: You have Type 1 Bearish Signal, you enter the trade and after some time another Bearish Type 1 Signal appears, do you re-enter...

This is up to you. You can add positions if you want... it depends from your risk propensity

One idea could be:

I have a signal on the weekly. My main focus will be on the weekly, but if i want add positions i'll search on daily TF
  • #389
  • May 23, 2018 7:27am May 23, 2018 7:27am
Quoting Eagle-Eye
{quote} What about this? {image}

Oh, ehy! Thank you! I completely forgot about this trade! Forget your trades guys and you will not suffer

+800 still running. And it will run a lot.
  • #390
  • May 23, 2018 7:28am May 23, 2018 7:28am
Quoting Kxeroo
{quote} This is not a valid entry. Trade taken before candle close. While we are at it I have to remind everyone about a big confusion that comes a cross in every tread. Unless we all use the same broker time we are not talking the same language. Broker time differs thus we are often end up different candle close. So either we all syncronize it or be careful about it. Noobs usually confused with all this and end up loosing faith or try all this with wrong format. My advise to ppl here to use brokers with GMT+3 as the candle close with US market...
Yes i know i will have to wait for candle close, if you check out the other signal Signal candle closed clearly higher than previous candle and current candle touched buy stop. only 1trade i put before candle close that was just a scalping.
2nd thing is How can we change server time in mql4, mt4. can anybody please tell me.
  • #391
  • May 23, 2018 7:32am May 23, 2018 7:32am
Mr. Joseph Could you please share you eur/usd chart live, i want to see what is current rate and where was yesterday's close was that same as candles are forming on my chart. Here is my chart.
Please must share and if there is any difference between your and my live chart due to different time then please tell me how to fix it...
Thanks
if Mr. Joseph is not around then any other senior person who is having same server time with Mr.Joseph...
Thanks. i need solution.
Please share your eur/usd D1 chart live. want to check candle formation of today yesterday and day before yesterday.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDmDaily.png Size: 35 KB
  • #392
  • May 23, 2018 7:41am May 23, 2018 7:41am
Quoting Daaimali
Mr. Joseph Could you please share you eur/usd chart live, i want to see what is current rate and where was yesterday's close was that same as candles are forming on my chart. Here is my chart. Please must share and if there is any difference between your and my live chart due to different time then please tell me how to fix it... Thanks if Mr. Joseph is not around then any other senior person who is having same server time with Mr.Joseph... Thanks. i need solution. Please share your eur/usd D1 chart live. want to check candle formation of today...

eur/usd
Attached Image
  • #393
  • May 23, 2018 7:49am May 23, 2018 7:49am
Quoting Joseph95
{quote} eur/usd {image}
oh no why there is difference between your and my chart?
Check my chart there is valid buy signal. Look at green daily candle.
What should i do?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDmDaily.jpg Size: 207 KB
  • #394
  • May 23, 2018 8:30am May 23, 2018 8:30am
Quoting Joseph95
{quote} Oh, ehy! Thank you! I completely forgot about this trade! Forget your trades guys and you will not suffer +800 still running. And it will run a lot.
Great job, Joseph! And thank you for the trading idea, it seems great.
  • #395
  • Edited 8:54am May 23, 2018 8:35am | Edited 8:54am
2nd candle from the right. Bearish outside verticle bar, Big rejection, downside momentum. With the trend. 172 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 3FCDAE58-8DC9-4727-BF07-D8197D42DD6D.png Size: 187 KB
  • #396
  • May 23, 2018 8:51am May 23, 2018 8:51am
Quoting Daaimali
{quote} oh no why there is difference between your and my chart? Check my chart there is valid buy signal. Look at green daily candle. What should i do? {image}
Your chart has sunday bars
  • #397
  • May 23, 2018 9:37am May 23, 2018 9:37am
Quoting Arkangela
{quote} Your chart has sunday bars
Please suggest me broker which has same candlesticks as joseph has or some of you if gmt +3 or whatever i need to go for correct positions. because according to my broker it is giving me signals but hitting stop loss. please help me. what should i do??? because this strategy isn't working with my broker.
My broker is exness.com which has gmt+0
  • #398
  • May 23, 2018 9:51am May 23, 2018 9:51am
I wouldn’t stress too much about having the same broker IMO. There will be setups on your platform that other people miss due to having a different broker to you. It will work out evenly.

I reckon if you operate on GMT + 0 it should be okay but tell me if I’m wrong. London session has the most volume traded through so if your platform is close to GMT/BST then it will
probably be sweet
  • #399
  • May 23, 2018 10:04am May 23, 2018 10:04am
Tell me please where i am wrong???
hitting stop loss with other 3 currencies...
Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: NZD USD st hit.jpg Size: 195 KB
  • #400
  • May 23, 2018 10:25am May 23, 2018 10:25am
Quoting Daaimali
Tell me please where i am wrong??? hitting stop loss with other 3 currencies... Thanks {image}
Hopefully it's OK to mention that Fx Choice has the New York close candles (I am in no way affiliated with them, just use for demo account). I do think the Sunday candles are messing you up.
Wow! I've got some experience to gain.
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