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Simple H4 Mobile Trading System

  • #1,081
  • Nov 11, 2018 5:44am Nov 11, 2018 5:44am
Quoting josephkee
Same as AUDUSD short this week. Engulfing followed by another confirmation bar that closed below the low of engulfing. LH and LL can be seen also in daily. Follow me at your risk. {image}
You say youyou are following the op stratsgies to the T But doesn't this go against it? If you are waiting for other bar isn't it eating the profits?
  • #1,082
  • Nov 11, 2018 5:51am Nov 11, 2018 5:51am
@josephkee

I checked some past orders and with your logic,is possible to minimize some losing entries.
Thank you!
Download Corti EA : https://cortiea.com
  • #1,083
  • Nov 11, 2018 8:07am Nov 11, 2018 8:07am
Quoting mizi123
{quote} Honestly i don't like to discorage you friend but these is place were 95% of ppl lose money + capital is important part of these job allso beeing suited is another story.... with 20$ for food with any idea.... in head you just can play in demo as soon as you find your self on ++ side!
Yes I agree with this. Do not trade and use money that you cannot afford to lose. You have to make sure that you have stable income first before embarking on a trading journey... You don't want to be emotional when a trade is not working because that's the worst state that a trader can be in...
We're not here to be right, we're here to Profit Consistently!
  • #1,084
  • Nov 11, 2018 8:09am Nov 11, 2018 8:09am
Quoting tejt
{quote} Thank you for your honesty. I'm going to learn the demo and maybe it's going well.
Don't give up and remember good attitude and positive mindset is greatly needed in this industry for you to succeed..

Also hard work and perseverance... If trading is so easy, everyone will be rich already, but it is NOT! So, you really need dedication and will to survive.
We're not here to be right, we're here to Profit Consistently!
  • #1,085
  • Nov 11, 2018 10:47am Nov 11, 2018 10:47am
Quoting tejt
{quote} Thank you for your honesty. I'm going to learn the demo and maybe it's going well.
Hello tejt,

If your computer is slow/old go to your local library or friends and use theirs for research. Educate yourself... costs you only time yet gains knowledge which IMO is more valuable than $$ at this time for you.DO NOT use your living $$$ to trade or gamble.

Find another source of income you can save $$$ dedicated for trading forex. When your trading account savings reach $300 minimum ($500 better) only then consider opening a live account. Trade 1(one ) pair that has low margin like $20/ 0.01 micro lot (depending on your leverage), do not risk more than 2% of your account and slowly build it up to 5x starting balance, then reward yourself with a withdrawal of 1%.( $300 x 5 = $1500 = $150 pat yourself on the back for job well done)

By then you should be more knowledgeable and have practiced demo to gain confidence to go live. This is a mental game I have been in & out of many times, but have been able to hold my own. I am only part time trading & working for a living.

Hopefully my advice above gets you thinking. It's free and meaningless...unless you act on it...you decide what works for you.

Stay focused, determined, persevere and you will succeed.

Cheers,
Axleman.
  • #1,086
  • Nov 11, 2018 10:59am Nov 11, 2018 10:59am
Quoting Raju
This thread has just caught my attention. I find the resilience very inspiring. Has anyone experienced or recommends using D1 charts?
see post 77
Chris
  • #1,087
  • Nov 11, 2018 11:01am Nov 11, 2018 11:01am
That's a very good advice. Total agreed
Quoting Axleman
{quote} Hello tejt, If your computer is slow/old go to your local library or friends and use theirs for research. Educate yourself... costs you only time yet gains knowledge which IMO is more valuable than $$ at this time for you.DO NOT use your living $$$ to trade or gamble. Find another source of income you can save $$$ dedicated for trading forex. When your trading account savings reach $300 minimum ($500 better) only then consider opening a live account. Trade 1(one ) pair that has low margin like $20/ 0.01 micro lot (depending on your leverage),...
  • #1,088
  • Nov 11, 2018 5:09pm Nov 11, 2018 5:09pm
1st 2 trade ideas for the week:

Shorting both GJ and NJ.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2018-11-12 06.56.39.png Size: 104 KB
We're not here to be right, we're here to Profit Consistently!
  • #1,089
  • Nov 11, 2018 10:31pm Nov 11, 2018 10:31pm
NZDJPY has opposite signal now and you shouldn´t have shorted it in the first place because the price was ABOVE the 30 EMA. Now is the time to go LONG NZDJPY.
  • #1,090
  • Nov 11, 2018 11:59pm Nov 11, 2018 11:59pm
It is a good entry?
Attached Image (click to enlarge)
Click to Enlarge Name: entry.png Size: 87 KB
  • #1,091
  • Nov 12, 2018 12:56am Nov 12, 2018 12:56am
Quoting geektrader
NZDJPY has opposite signal now and you shouldn´t have shorted it in the first place because the price was ABOVE the 30 EMA. Now is the time to go LONG NZDJPY.

Agreed!
We're not here to be right, we're here to Profit Consistently!
  • #1,092
  • Nov 12, 2018 1:41am Nov 12, 2018 1:41am
Quoting mastercool66
We have a trade here? {image}
Yes, hit TP by now
  • #1,093
  • Nov 12, 2018 1:58am Nov 12, 2018 1:58am
Just some updates, I supposed it is a slow start of the month compare to previous 2 months. But a pip still a pip. +200pips in for this month already. Not just words, below is the result for the first week till now

Glad to see people here are willing to help others and share their knowledge. Keep posting and ask questions. Stay green pips
Attached Image (click to enlarge)
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  • #1,094
  • Nov 12, 2018 2:33am Nov 12, 2018 2:33am
Going long on NZDCHF...
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCHFH4 second.png Size: 34 KB
We're not here to be right, we're here to Profit Consistently!
  • #1,095
  • Nov 12, 2018 2:38am Nov 12, 2018 2:38am
Quoting hzs10
Just some updates, I supposed it is a slow start of the month compare to previous 2 months. But a pip still a pip. +200pips in for this month already. Not just words, below is the result for the first week till now Glad to see people here are willing to help others and share their knowledge. Keep posting and ask questions. Stay green pips {image}
I have a suggestion on how we can use different lot size for this trade...

Instead of using fixed lot size, once we determine our SL and TP for the trade, we calculate our risk using lot size calculator (https://www.myfxbook.com/forex-calcu.../position-size) and it's up to you if you want to risk 1% or max of up to 3% (depending on your account size) only to always be safe, base your calculations on the projected SL, so you only lose very small, if wrong... But can profit bigger, if right...
We're not here to be right, we're here to Profit Consistently!
  • #1,096
  • Nov 12, 2018 2:45am Nov 12, 2018 2:45am
today closed trades. Some still hold. super I'm happy.
the user "hzs10" sends a big kiss
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 12_11.jpg Size: 43 KB
  • #1,097
  • Nov 12, 2018 3:25am Nov 12, 2018 3:25am
My first result with this system
Attached Image (click to enlarge)
Click to Enlarge Name: 2FC1BF6B-D87B-4241-89B8-BE75F87847A8.png Size: 207 KB
  • #1,098
  • Nov 12, 2018 4:04am Nov 12, 2018 4:04am
Hello everybody!

I like this strategy and I see a lot of potential in it.
I download HZS_Engulfing Bar DB indicator and its template. I found some fault on VPS loading.
On my PC is well, but VPS give this error message below. And buttons doesn't working.

Can anyone help me?
thanks!

2018.11.12 11:01:37.097 HZS_Engulfing Bar DB GBPUSD,H4: zero divide in 'HZS_Engulfing Bar DB.mq4' (2455,93)
2018.11.12 11:01:37.083 HZS_Engulfing Bar DB GBPUSD,H4: initialized
2018.11.12 11:01:37.083 HZS_Engulfing Bar DB GBPUSD,H4: ButtonDelete: Failed to delete the button! Error code = 4202
2018.11.12 11:01:37.083 HZS_Engulfing Bar DB GBPUSD,H4: ButtonDelete: Failed to delete the button! Error code = 4202
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2018.11.12 11:01:37.083 HZS_Engulfing Bar DB GBPUSD,H4: ButtonDelete: Failed to delete the button! Error code = 4202
2018.11.12 11:01:37.083 HZS_Engulfing Bar DB GBPUSD,H4: ButtonDelete: Failed to delete the button! Error code = 4202
2018.11.12 11:01:37.083 HZS_Engulfing Bar DB GBPUSD,H4: ButtonDelete: Failed to delete the button! Error code = 4202
2018.11.12 11:01:29.800 Custom indicator HZS_Engulfing Bar DB GBPUSD,H4: loaded successfully
  • #1,099
  • Nov 12, 2018 4:08am Nov 12, 2018 4:08am
Yes, is a good one.

Quoting adittya2
It is a good entry? {image}
  • #1,100
  • Nov 12, 2018 4:10am Nov 12, 2018 4:10am
eurnzd and gbpusd short both tp.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 76 KB
Click to Enlarge Name: eurnzd.png Size: 79 KB
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