Simple H4 Mobile Trading System | Page 25 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

H4 Mobile Trading Simple Strategy 111 replies

Best Mobile for MT4 mobile platform? 14 replies

MT4 mobile can use to mobile phone with OS android, or iphone or blackberry? 5 replies

MT4 Mobile vs. MT4 Mobile SE - Significant difference? 0 replies

Mobile trader on HP-iPAQ, windows mobile 5.0 6 replies

Attachments: Simple H4 Mobile Trading System
Exit Attachments

Simple H4 Mobile Trading System

  • #481
  • Oct 16, 2018 9:44am Oct 16, 2018 9:44am
Quoting zsolti84
{quote} HI! I wanted to thank you for this great strategy what you came up! Congrats! I was late with the NZDJPY but the others are the same! May I ask how much profit did you made till now from where you started with your 3000 account?
$1700+ is in the picture of her current running picture...☺
R:R "Percentage Focus"
  • #482
  • Oct 16, 2018 9:49am Oct 16, 2018 9:49am
Quoting Cossy
{quote} This is an easy system to follow and it seems every one is doing well. I just need to ask what your take is when you miss a signal and find it retracing. Do you enter on a retrace especially when you miss a signal and is it ok to enter below the entry price of the signal candle?
Before entering trade u must decide will it retrace or not,
How u decide,only experience can help
  • #483
  • Oct 16, 2018 9:55am Oct 16, 2018 9:55am
Quoting hzs10
This week start off with losses which is expected. Overall still positve with 800+pips. Current ongoing trades as shown below {image} {image}
I love your transparency...I was wondering about some results myself however I just got a little comfort with that picture...Just wondering if there is a way to avoid or minimize those losses:

  1. were the setups opposite bars or same
  2. Were they equal to the ema-ema ran through the setup bar body or range
  3. Were they bars that closed more than 50% of the setup candle range
  4. Did a candle(s) retrace before heading into the 100% zone
  5. Was the ema flat

Those are my few concerns.
If those are true would the opposite work best for those awesome winners?

R:R "Percentage Focus"
  • #484
  • Oct 16, 2018 11:08am Oct 16, 2018 11:08am
Quoting PrinceJ58
{quote} $1700+ is in the picture of her current running picture...☺
forgot to check that! thx
  • #485
  • Oct 16, 2018 11:44am Oct 16, 2018 11:44am
Quoting PrinceJ58
{quote} I love your transparency...I was wondering about some results myself however I just got a little comfort with that picture...Just wondering if there is a way to avoid or minimize those losses: were the setups opposite bars or same Were they equal to the ema-ema ran through the setup bar body or range Were they bars that closed more than 50% of the setup candle range Did a candle(s) retrace before heading into the 100% zone Was the ema flat Those are my few concerns. If those are true would the opposite work best for those awesome winners?...
I supposed u are experienced trader and if so you should know there is no 100% win strategy. What one trader should consider about is not about the win but losses. There is a reason for reward to risk. The purpose for it is not for ur strategy to look nice. The purpose is whether you can accept the loss if you enter a trade. If you cant handle the loss then dont enter the trade.

People only show the win to look nice. I am showing people the lost trades to show them the reality. People trade emotionally bc fear of losing. If they dont overcome it they will not able to trade objectively.

I started off learning Fx trading that 100pips is minimal target and there are people on FF pm me that they have traded for years and not win more than 50pips in single trade. I suppose is a scalping. But do note that with this simple strategy that i trading purely in phone with such result is good enough for me.

If you think it is not good enough, you can always improvise to suit you. However you wont get that perfect strategy that goes your way always.

On the other hand it is good that you came up with those questions that means you critical think abt the strategy and not follow blindly. That way you learn more. Maybe you can test out each of yoyr hypothesis and see which one work out the best and share here.
  • #486
  • Oct 16, 2018 11:48am Oct 16, 2018 11:48am
It is not that i always trade objectively. I think it is hard to anyone to do that all the time bc we are human and we have emotion. Once you start winning the fear will actually come. That is the reason of setting your rules and see how discipline you are. Once the rules are set. Stick as close to those rules and keep reminding yourself. Self-discipline is important. Not just trading Fx, but in anything you do if you want long-term success.
  • #487
  • Oct 16, 2018 12:06pm Oct 16, 2018 12:06pm
Anyone knows the offset of Pepperstone? Is it +2 or something else?
Buy low, sell high.
  • #488
  • Oct 16, 2018 12:21pm Oct 16, 2018 12:21pm
EURCAD

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 86 KB


USDCHF

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 110 KB


CHFJPY

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 102 KB


AUDCAD

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 90 KB


AUDNZD

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot5.png Size: 100 KB
  • #489
  • Oct 16, 2018 12:31pm Oct 16, 2018 12:31pm
Quoting hzs10
{quote} I supposed u are experienced trader and if so you should know there is no 100% win strategy. What one trader should consider about is not about the win but losses. There is a reason for reward to risk. The purpose for it is not for ur strategy to look nice. The purpose is whether you can accept the loss if you enter a trade. If you cant handle the loss then dont enter the trade. People only show the win to look nice. I am showing people the lost trades to show them the reality. People trade emotionally bc fear of losing. If they dont overcome...
After checking your trades i got the answer i was looking for...
Thanks for responding. It is now Clear.
R:R "Percentage Focus"
  • #490
  • Oct 16, 2018 1:04pm Oct 16, 2018 1:04pm
Quoting hzs10
{quote} I supposed u are experienced trader and if so you should know there is no 100% win strategy. What one trader should consider about is not about the win but losses. There is a reason for reward to risk. The purpose for it is not for ur strategy to look nice. The purpose is whether you can accept the loss if you enter a trade. If you cant handle the loss then dont enter the trade. People only show the win to look nice. I am showing people the lost trades to show them the reality. People trade emotionally bc fear of losing. If they dont overcome...
Full marks for this response hzs10.

Cheers.
  • #491
  • Oct 16, 2018 1:06pm Oct 16, 2018 1:06pm
usdcad did very well today., thanks for this simple strategy.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad 16102018.PNG Size: 34 KB
  • #492
  • Oct 16, 2018 1:07pm Oct 16, 2018 1:07pm
Quoting starlimit
EURCAD {image} USDCHF {image} CHFJPY {image} AUDCAD {image} AUDNZD {image}
Nice Work Starlimit.

Got these....except the AUDNZD (not a preferred pair for this system).

Cheers.
  • #493
  • Oct 16, 2018 1:07pm Oct 16, 2018 1:07pm
Quoting hzs10
It is not that i always trade objectively. I think it is hard to anyone to do that all the time bc we are human and we have emotion. Once you start winning the fear will actually come. That is the reason of setting your rules and see how discipline you are. Once the rules are set. Stick as close to those rules and keep reminding yourself. Self-discipline is important. Not just trading Fx, but in anything you do if you want long-term success.
Ten points here too!.

Cheers.
  • #494
  • Oct 16, 2018 1:30pm Oct 16, 2018 1:30pm
I don't like USDCHF because it can be painfully slow. But for anyone who wants to take it, all the conditions are met.

Additional tip: RSI bounced of suport and is pointing up. By the time it gets to 70 maybe price might hit TP.

My only worry: 30EMA is flattish.
Attached Image
  • #495
  • Oct 16, 2018 1:40pm Oct 16, 2018 1:40pm
Quoting PrinceJ58
{quote} After checking your trades i got the answer i was looking for... Thanks for responding. It is now Clear.
You made me curious, would you mind sharing?
  • #496
  • Edited 3:37pm Oct 16, 2018 2:35pm | Edited 3:37pm
Quoting nickv
{quote} You made me curious, would you mind sharing?
Ok Basically my concerns (below) were answered through the trade results that she posted. I thought i was doing something wrong when I encountered a few losses, only to realise that she experienced a similar scenario.

 

  1. Were the setups opposite bars or same-Not in all cases, i find that you can be strict with opposite bars or have same colour bars-sell signal with 2 bearish bars versus a bullish then a bearish signal candle. I found that her first bar that is engulfed by the outside/engulfing bar can be any colour-matching the direction of the trade, while the bar being engulfed body type (opposite or same) does not matter significantly.
  2. Were the setups equal to the ema-ema ran through the setup bar body or range- I saw some setups having the ema run through the body or wick space of the candle (and they worked great). Another rule may apply where it strictly states that the signal candle should not be touching the ema, (a limiting factor). I believe that as long as it closes in favour of the trade signal direction above or below the ema, all is well.
  3. Did the bars close more than 50% of the setup candle's range- I have seen setups work perfect with candle's closing almost like a doji.
  4. Did a candle(s) retrace before heading into the 100% zone- The setup can have retracements and still win, in addition the retracements can also be used to gain a higher risk to reward ratio.
  5. Was the ema flat- It can be an angle of 45 degrees to 70 degrees and still fail, so take the setups when it is available and meet the basic rules.
  6. The most perfect trade can lose.

N.B. There are about three (3) order types that one can choose from:
Market order-Aggressive but good entry most times-rather than the high or low of the setup candle which may be wick space
Limit order-Less risky and may get more profit- It is not guaranteed to be triggered at all.
Stop Order- Sometimes price may not break the 100% zone and result in a change of direction, where market orders and limit orders suffer the obvious consequences hitting Stop loss.

R:R "Percentage Focus"
  • #497
  • Oct 16, 2018 2:37pm Oct 16, 2018 2:37pm
Question about gmt offset: My broker's offset is gmt+3. Is that okay, or should it be gmt+2?
  • #498
  • Edited 3:41pm Oct 16, 2018 2:48pm | Edited 3:41pm
Quoting mary4x
Question about gmt offset: My broker's offset is gmt+3. Is that okay, or should it be gmt+2?
You may miss some signals, while other brokers with different gmt offset may still get the signal but the bars may be shaped a little bit different. I believe most signals appear on gmt 2, but i have seen similar signals on gmt 3 based brokers too.
Try to find the ones that would line up to the signals of others or HZS10. It will be worth it to solve this as early as possible,. In the meantime, just use the opportunity to compare the signals posted here in the thread and see if your candles match those signals being posted.
The issue may be if your present broker has a sunday candle or not. I hope this helps.
R:R "Percentage Focus"
  • #499
  • Oct 16, 2018 3:00pm Oct 16, 2018 3:00pm
Thanks, Prince. I would like not to have to change brokers.
  • #500
  • Oct 16, 2018 3:01pm Oct 16, 2018 3:01pm
That's terrible English...
0 traders viewing now