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Trading Made Simple(r)

  • #741
  • Jun 28, 2019 5:40pm Jun 28, 2019 5:40pm
Quoting SuperPip
{quote} Thank you for the comments! I agree, I'm not always following the moving of SL. Bit messing with it. One thing is sure, in papertrading we have better picture than it is in reality. If you look the same EJ trade for example. On the entry time we had next situation on the chart. RSI and Stoch are touching the purple line. {image} Later, after the entry, candle moved up and RSI and Stoch got repainted. The same candle is marked on the chart. {image} It warns backtesting the method on the charts shows picture too ideal, because indicators are...
Superpip - that is not repainting Bro - the current candle in your first pic has 205 minutes to go - look at the price at close - HA turned from red to blue because PRICE moved .....not a indicator repaint and of course the "fast" stoch followed the price upwards....and if you know that AUDCAD was ranging (per your notes) why on earth are you trading it??? I see you are 9hrs behind me in TZ and if you want to do a screen share with me i can show you my understating of RH's system......
  • #742
  • Jun 28, 2019 5:45pm Jun 28, 2019 5:45pm
Quoting SuperPip
{quote} Thank you for the comments! I agree, I'm not always following the moving of SL. Bit messing with it. One thing is sure, in papertrading we have better picture than it is in reality. If you look the same EJ trade for example. On the entry time we had next situation on the chart. RSI and Stoch are touching the purple line. {image} Later, after the entry, candle moved up and RSI and Stoch got repainted. The same candle is marked on the chart. {image} It warns backtesting the method on the charts shows picture too ideal,...
SuperPip,

What I have highlighted in BOLD is simply not true, nor are the trading results that you have posted. NONE of my indicators REPAINT.

It's likely that you're intentions are good, but what you are presenting is trading results that are simply not true and it misleads people.

I am trying to be nice about this but it is not fair for you to show false trading results, intentionally or not.

I have put many years of effort into creating what I have presented and it's not fair of you to try to destroy it because you don't use the methods in the ways that I have suggested.

I hope you can see my side of this.
Always a Student, Never a Master - Emulate What Works
  • #743
  • Jun 28, 2019 6:35pm Jun 28, 2019 6:35pm
Just want to share this image regarding news. It did hit my SL, but next time news could work in my favor and add some nice pips. It is just a part of trading. But it is interesting how trend kept going as nothing happened. I wonder if it is normal. In future I am going to take notes if it is safe to re-enter trade after news.

Attached Image (click to enlarge)
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  • #744
  • Jun 28, 2019 6:40pm Jun 28, 2019 6:40pm
Quoting SuperPip
{quote} My masterpieces. AUDCAD {image} AUDJPY {image} AUDNZD {image} AUDUSD {image} EURAUD {image} EURGBP {image} EURJPY {image} EURNZD {image} EURUSD {image} GBPJPY {image} Next post will continue. SP
Yep - you have an issue understanding the basic rules - not 1 of those qualify per the rules.
  • #745
  • Jun 28, 2019 6:47pm Jun 28, 2019 6:47pm
Quoting onsen
Just want to share this image regarding news. It did hit my SL, but next time news could work in my favor and add some nice pips. It is just a part of trading. But it is interesting how trend kept going as nothing happened. I wonder if it is normal. In future I am going to take notes if it is safe to re-enter trade after news. {image}
Bad luck man!!! That was a good trade and you are right....next time the spike will be in your favor That news spike is a great example of "liquidity spike" (or lack of liquidity) around news events as market makers adjust their spreads.
  • #746
  • Jun 28, 2019 8:02pm Jun 28, 2019 8:02pm
Quoting onsen
Just want to share this image regarding news. It did hit my SL, but next time news could work in my favor and add some nice pips. It is just a part of trading. But it is interesting how trend kept going as nothing happened. I wonder if it is normal. In future I am going to take notes if it is safe to re-enter trade after news. {image}
use market volatility to place stop loss.

try this the next time there is news hour trading,

look at the last highest candle (A) before the news hour and place your stop loss at a distance 2xATR(10) below (B) from that highest high.

or simply place your stop loss below the previous 2 days Low.

this is usually safe once the trend is established.

see example below:
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPY trailing SL ATR(10).png Size: 25 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #747
  • Jun 28, 2019 8:56pm Jun 28, 2019 8:56pm
Quoting SuperPip
{quote} Thank you for the comments! I agree, I'm not always following the moving of SL. Bit messing with it. One thing is sure, in papertrading we have better picture than it is in reality. If you look the same EJ trade for example. On the entry time we had next situation on the chart. RSI and Stoch are touching the purple line. {image} Later, after the entry, candle moved up and RSI and Stoch got repainted. The same candle is marked on the chart. {image} It warns backtesting the method on the charts shows picture too ideal, because indicators are...
Don't trade any trend following system in choppy market type. I see so many trade orders you made was in choppy market .
Attached Image (click to enlarge)
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  • #748
  • Jun 29, 2019 12:40am Jun 29, 2019 12:40am
My results this week and some of the trades taken, now we need to implement multiple entries to optimize and manage the profits better. Many thanks to Mr. RH for his great method, his explanations and his nobility in sharing it
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CADJPY terminal.png Size: 262 KB
Click to Enlarge Name: EURAUD TERMINAL.png Size: 242 KB
Click to Enlarge Name: GBPJPY TERMINAL.png Size: 256 KB
Click to Enlarge Name: GBPNZD TERMINAL.png Size: 230 KB
Click to Enlarge Name: Week june 24-28.png Size: 590 KB
  • #749
  • Jun 29, 2019 1:37am Jun 29, 2019 1:37am
the day you gain 16 percent, what was different from the other days ?

best regards
  • #750
  • Jun 29, 2019 1:41am Jun 29, 2019 1:41am
Quoting hikaru259
{quote} Don't trade any trend following system in choppy market type. I see so many trade orders you made was in choppy market . {image}

Yes but how to avoid it ?

best regards
  • #751
  • Jun 29, 2019 1:59am Jun 29, 2019 1:59am
Quoting jgadefelth
{quote} Yes but how to avoid it ? best regards
Thats a good question actually...
  • #752
  • Jun 29, 2019 3:42am Jun 29, 2019 3:42am
Quoting juantrader
My results this week and some of the trades taken, now we need to implement multiple entries to optimize and manage the profits better. Many thanks to Mr. RH for his great method, his explanations and his nobility in sharing it {image} {image} {image} {image} {image}
Very well done
  • #753
  • Jun 29, 2019 4:15am Jun 29, 2019 4:15am
Quoting jgadefelth
{quote} Yes but how to avoid it ? best regards
A good starting point is to check the other time frames - if they are all over the place, just move to a different pair......not trading means you have not had any risk - a real good place until a good setup comes along..............not just every time you see a cross (or any other entry criteria).
  • #754
  • Jun 29, 2019 4:30am Jun 29, 2019 4:30am
Quoting juantrader
My results this week and some of the trades taken, now we need to implement multiple entries to optimize and manage the profits better. Many thanks to Mr. RH for his great method, his explanations and his nobility in sharing it {image} {image} {image} {image} {image}
Excellent results. What exit method are you using.
  • #755
  • Jun 29, 2019 4:44am Jun 29, 2019 4:44am
Quoting Luttlebird
After a long day of practice. Can we now say that we can put some money into this... {image}
Hello Guys, I am sorry for late response. It's a combination of RH strategy and an indicator I added. I am still learning it.

I hope to be able to give full explanation soon.
Begin with the end in mind
  • #756
  • Jun 29, 2019 5:22am Jun 29, 2019 5:22am
I would like roll out some discussion if someone is at the screens this weekend, and as more answer as possible would be beneficial for everyone , I think . What you want see on Daily chart before you take trade on 4 hrs. chart . All indies are in place and you ready to trigger, in which positions you want to see a Stochastics and RSI in lower window?. I understand it is no one answer, but maybe is one or two which are working best. Stochastics and RSI crossed 50 in yours direction , Stochastics and RSI close to cross it , Stochastics and RSI bellow or above and just pointing in yours direction and etc...lots of possible combinations. If somebody can put some examples would be great . I'm asking cause in beginning from excitement trying this trading method sometimes I was forgetting even to check , I know isn't good, I did better as when I started to do so. I understand can be just bad luck and good luck etc... but has to be some situations what will deliver most positive outcome . RH sure you have this pics of set ups in your head, trading this method so many years. New traders who just started to do well trading this methode, if you have some angle some edge which can help to increase success rate and you can share, thank in advance!!!
  • #757
  • Jun 29, 2019 5:30am Jun 29, 2019 5:30am
Quoting Luttlebird
After a long day of practice. Can we now say that we can put some money into this... {image}
Luttlebird - JMHO but it looks like you need work on risk sizing and Trade management...before going live.
  • #758
  • Jun 29, 2019 5:46am Jun 29, 2019 5:46am
Thank you Robin for give me the opportunity to try this temple, apresiaty your bigest help.. Bless you and your Trading.
  • #759
  • Jun 29, 2019 6:18am Jun 29, 2019 6:18am
Quoting jgadefelth
{quote} maybe https://www.forexfactory.com/showthr...6758&page=1480 or maybe https://www.forexfactory.com/reteid2222 best regards
Thank you
Begin with the end in mind
  • #760
  • Jun 29, 2019 7:16am Jun 29, 2019 7:16am
Quoting neil001
{quote} Luttlebird - JMHO but it looks like you need work on risk sizing and Trade management...before going live.
Could you please explain better. Thank you
Begin with the end in mind
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