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A Flying Buddha does this work?

  • #1
  • First Post: Edited Jul 18, 2018 7:06am Jun 6, 2018 9:15am | Edited Jul 18, 2018 7:06am
A Flying Buddha is any candlestick which: Has a low above the 5 EMA, when the 5 EMA is above the 10 SMA (a bearish Flying Buddha); or Has a high below the 5 EMA, when the 5 EMA is below the 10 SMA (a bullish Flying Buddha).
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This is one of the original rules:
"If you are looking for a long trade, for example, and you see a bullish “Flying Buddha” candlestick appear, when the candlestick closes you can put an order for a long trade just above (e.g. 1 pip) the high of that candle"
My rules is just to use the Flying Buddha as a guide,i added more indicators and my insidebar rules. After bullish “Flying Buddha” candlestick appear, find a new or any old INSIDEBAR and put an order for a long trade just above (e.g. 1 pip) the high of that insidebar.You can Add any other indicator and your own rules before you place your trades.
FRESH weekly SIGNAL BELOW
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  • #2
  • Jun 6, 2018 11:10am Jun 6, 2018 11:10am
If you are placing trades based on some exotic candle stick patterns with multiple stipulations and funny names, you will have a bad time in trading. You are looking in the wrong places.

Instead of trying to look for these patterns, but not investigate WHY this pattern happened (or any other pattern)? This way you will understand how and why the market works the way it does; instead of trying to look at charts for some specific candle pattern that meets this very specific criteria.
  • #3
  • Jun 6, 2018 12:31pm Jun 6, 2018 12:31pm
Quoting Pedroall
A Flying Buddha is any candlestick which: Has a low above the 5 EMA, when the 5 EMA is above the 10 SMA (a bearish Flying Buddha); or Has a high below the 5 EMA, when the 5 EMA is below the 10 SMA (a bullish Flying Buddha). {image}
I closed my short with over 1k in profits.
i will reenter short below this green bar

Closed P/L:1 260.20
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  • #4
  • Jun 6, 2018 2:34pm Jun 6, 2018 2:34pm
Quoting Pedroall
A Flying Buddha is any candlestick which: Has a low above the 5 EMA, when the 5 EMA is above the 10 SMA (a bearish Flying Buddha); or Has a high below the 5 EMA, when the 5 EMA is below the 10 SMA (a bullish Flying Buddha). {image}
Can I get your investor password please, I am really wanna see your long trading history.
  • #5
  • Jun 7, 2018 3:32am Jun 7, 2018 3:32am
#2 FB
closed profits USD$109.00
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  • #6
  • Jun 7, 2018 3:54am Jun 7, 2018 3:54am
When you see a FB use your own rules to :ENTER.EXIT. ST and TP
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  • #7
  • Jun 7, 2018 5:04am Jun 7, 2018 5:04am
fb 1
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  • #8
  • Edited 11:13am Jun 7, 2018 9:34am | Edited 11:13am
today profits
Closed P/L:5 083.06
  • #9
  • Jun 7, 2018 5:24pm Jun 7, 2018 5:24pm
Quoting Pedroall
fb 1 {image}
Reentered short Daily chart ell signal
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  • #10
  • Jun 8, 2018 2:41am Jun 8, 2018 2:41am
This idea is one of the losing money idea.
  • #11
  • Jun 8, 2018 2:54am Jun 8, 2018 2:54am
Subs. Thanks and
Regards
  • #12
  • Jun 8, 2018 9:48pm Jun 8, 2018 9:48pm
hi Pedroall this may be of interest to you, it's from the Millipede thread.

Chris

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  • #13
  • Edited 4:13pm Jun 9, 2018 2:42am | Edited 4:13pm
adding inside bar lines and TL
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  • #14
  • Edited 6:53am Jun 10, 2018 6:13am | Edited 6:53am
AMD,RUT
CHART
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  • #15
  • Jun 10, 2018 2:33pm Jun 10, 2018 2:33pm
trade for monday im selling short MAR
the price closed below the IB and below the TL
====================
IWM
Flying Buddah sell signal triggered by next bar rules
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  • #16
  • Jun 10, 2018 10:48pm Jun 10, 2018 10:48pm
Quoting Zdrux
If you are placing trades based on some exotic candle stick patterns with multiple stipulations and funny names, you will have a bad time in trading. You are looking in the wrong places. Instead of trying to look for these patterns, but not investigate WHY this pattern happened (or any other pattern)? This way you will understand how and why the market works the way it does; instead of trying to look at charts for some specific candle pattern that meets this very specific criteria.
It's not a candle pattern, it's a price action recognition, and yes it works, just not all the the time

Same as any other indicator or method

It takes a lot for me to IGNORE you, but you can try.
  • #17
  • Jun 11, 2018 12:34am Jun 11, 2018 12:34am
Quoting Erebus
{quote} It's not a candle pattern, it's a price action recognition, and yes it works, just not all the the time Same as any other indicator or method
I got the secret to make it work most of the time.
Last week I made over 12k real money .
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  • #18
  • Jun 11, 2018 12:43am Jun 11, 2018 12:43am
Quoting Pedroall
{quote} I got the secret to make it work most of the time. Last week I made over 12k real money . {image}
BOOYAH, very good to hear that

Please share at least 1 chart to keep the dream alive !!!!

It takes a lot for me to IGNORE you, but you can try.
  • #19
  • Jun 11, 2018 3:13am Jun 11, 2018 3:13am
Quoting Erebus
{quote} BOOYAH, very good to hear that Please share at least 1 chart to keep the dream alive !!!!
more test need to be done .
how do you trade the FB?
  • #20
  • Jun 11, 2018 3:28am Jun 11, 2018 3:28am
Quoting Pedroall
{quote} more test need to be done . how do you trade the FB?
Are you serious?

You claim to make $12,000 real trades profit, and yet you can't share even 1 chart?

Wow, how about a pair or timeframe, session even?

Any information, I thought that was the idea of a forum?

Cheers
It takes a lot for me to IGNORE you, but you can try.
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