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Daily Trading Ideas

  • #30,521
  • Sep 27, 2019 4:48am Sep 27, 2019 4:48am
Quoting HaLBot
Would this be a GU 1Hr Akim setup? {image}
Yes 15m and 1h
PA Return Today: na
  • #30,522
  • Sep 27, 2019 4:49am Sep 27, 2019 4:49am
Quoting Mtinifx
{quote} 100% agree with you mate. Only Akim make big money from Akim system!! Of course he is also using other tools / charts but even so he has his fair share of losers IMHO the only time that Akim system works really well is in a flat or ranging market when the bands are nice and horizontal. But even then its 50/50
He got big loosers too. I remember he took a break trading GU long and kept adding when it down trended for a long time. I also think he sometimes blow up account thus he withdraws consistently and has multiple accounts.
  • #30,523
  • Sep 27, 2019 4:58am Sep 27, 2019 4:58am
Quoting maflip
{quote} Yeah I can do it with FX Blue trading simulator just to mess with you guys. For entertainment purpose only k. Not meant to discredit anyone. Problem is Trading simulator don't work. I don't wanna tinker with it right now. I might need a newer version. But yeah I can do it just for fun if I want to. lol
By the way since I mentioned FX Blue trading simulator why not download it and sharpen your trading skills using this. You can actually test Akim's system with this trading simulator. Just google FX Blue trading simulator I can't post link it might be illegal in FF lol
  • #30,524
  • Sep 27, 2019 4:59am Sep 27, 2019 4:59am
Quoting LeongPuiy
{quote} Yes 15m and 1h
Cheers Leong
Don't Leave Money on the Table
  • #30,525
  • Sep 27, 2019 5:05am Sep 27, 2019 5:05am
Quoting HaLBot
Would this be a GU 1Hr Akim setup? {image}
yes ... but you have to wait for the first down bar to test the big red bar

place your buy stop above the high of the down bar and stop under low .. idea is when price gets to outer bollinfer band limits its over extended
Blogging daily now at www.volume.zone
  • #30,526
  • Sep 27, 2019 5:07am Sep 27, 2019 5:07am
Quoting maflip
{quote} He got big loosers too. I remember he took a break trading GU long and kept adding when it down trended for a long time. I also think he sometimes blow up account thus he withdraws consistently and has multiple accounts.
system works ... but with extremely good money management , where the system works very well is in a consolidating market

if you made an trading bot to trade akims system its better , as most of us our money management is crap , mine included
Blogging daily now at www.volume.zone
  • #30,527
  • Sep 27, 2019 5:07am Sep 27, 2019 5:07am
Quoting maflip
{quote} He got big loosers too. I remember he took a break trading GU long and kept adding when it down trended for a long time. I also think he sometimes blow up account thus he withdraws consistently and has multiple accounts.
Oh right, thanks! Makes sense - the truth is often stranger then fiction!!
  • #30,528
  • Sep 27, 2019 5:14am Sep 27, 2019 5:14am
Quoting malcolmb14
{quote} system works ... but with extremely good money management , where the system works very well is in a consolidating market if you made an trading bot to trade akims system its better , as most of us our money management is crap , mine included
Yes true but one never knows when the market is going to stop consolidating, break out and start trending like with Gold this morning!

As as you quite rightly say money management is all important when or if one is going to trade Akim system - and my money management is also terrible!!
  • #30,529
  • Sep 27, 2019 5:25am Sep 27, 2019 5:25am
Quoting malcolmb14
{quote} system works ... but with extremely good money management , where the system works very well is in a consolidating market if you made an trading bot to trade akims system its better , as most of us our money management is crap , mine included
It works I also tested it. But he does add to loosing trades. I've seen him do it multiple times.
  • #30,530
  • Sep 27, 2019 5:28am Sep 27, 2019 5:28am
Quoting maflip
{quote} it might be illegal in FF lol
hey Don you can make illegal into legal
  • #30,531
  • Sep 27, 2019 5:28am Sep 27, 2019 5:28am
Quoting Mtinifx
{quote} Yes true but one never knows when the market is going to stop consolidating, break out and start trending like with Gold this morning! As as you quite rightly say money management is all important when or if one is going to trade Akim system - and my money management is also terrible!!
I mentioned it here somewhere. If price trends from FO to an hour after London open it most likely a trend confirmation probably all the way to US session. Then the Yankees reverse it lol.
  • #30,532
  • Sep 27, 2019 5:29am Sep 27, 2019 5:29am
Quoting MXT
{quote} hey Don you can make illegal into legal
No no impeachment trial right now. hah hah Gotta be good lol
  • #30,533
  • Sep 27, 2019 5:30am Sep 27, 2019 5:30am
Quoting HaLBot
{quote} Cheers Leong
30m also can see, the more valid is 30m
PA Return Today: na
  • #30,534
  • Sep 27, 2019 5:36am Sep 27, 2019 5:36am
Quoting maflip
{quote} It works I also tested it. But he does add to loosing trades. I've seen him do it multiple times.
Sure it works but when one looks at the GU M15 chart last two days, the Jury is out as to whether Akim system would have been the best one to catch the morning drops (European morning!)

I suppose it is OK to add to losing trade if you have a huge balance to play with or if you blow that account you have 5 others to fall back on!
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  • #30,535
  • Sep 27, 2019 5:40am Sep 27, 2019 5:40am
Akim dont blow his account, every trade he only risk for 20-30 pips , and his entry almost sharp ,
yes last month he lose about total 70 pips but split with few order at GU , but he do immediate decision to switch side and cover back and profit.
He is not forcing anyone here using his method, and not same someone sell system to new trader,
he never ever ask even 1 cent from traders here.
while you guys discussing his style, he is still mining green pips from forex, he traded more than 10 years, from nothing to now , he is rich enough but he low profile , he didnt show all trade at here, he not even care about help other people trade or find investor, his trading enough for he enjoy his life while still many people are suffer how to trade or hard work
PA Return Today: na
  • #30,536
  • Sep 27, 2019 5:51am Sep 27, 2019 5:51am
Quoting LeongPuiy
Akim dont blow his account, every trade he only risk for 20-30 pips , and his entry almost sharp , yes last month he lose about total 70 pips but split with few order at GU , but he do immediate decision to switch side and cover back and profit. He is not forcing anyone here using his method, and not same someone sell system to new trader, he never ever ask even 1 cent from traders here. while you guys discussing his style, he is still mining green pips from forex, he traded more than 10 years, from nothing to now , he is rich enough but he low...
i am trying his method, the problem is money management and of course the sharp entries, but for sure it works, he has a nice background of candlesticks which can help him a lot to anticipate the direction of the trade, wait for the setup and jump in with multiple entries and tight stops, it is a complete system that wont work for us if we miss any of these conditions, it takes time to learn it and months maybe years to master it,
  • #30,537
  • Sep 27, 2019 5:55am Sep 27, 2019 5:55am
Quoting Ysfbeck
hello everyone, EU ha a bull setup on daily and M15, green pips.
it works
  • #30,538
  • Sep 27, 2019 5:56am Sep 27, 2019 5:56am
Quoting Mtinifx
{quote} 100% agree with you mate. Only Akim make big money from Akim system!! Of course he is also using other tools / charts but even so he has his fair share of losers IMHO the only time that Akim system works really well is in a flat or ranging market when the bands are nice and horizontal. But even then its 50/50
i agree with you about akim its like mine it works for me but for others it might not work , hard work and learning is not for every one
people leave, but this thread will go on for ever
  • #30,539
  • Sep 27, 2019 6:02am Sep 27, 2019 6:02am
Quoting LeongPuiy
Akim dont blow his account, every trade he only risk for 20-30 pips , and his entry almost sharp , yes last month he lose about total 70 pips but split with few order at GU , but he do immediate decision to switch side and cover back and profit. He is not forcing anyone here using his method, and not same someone sell system to new trader, he never ever ask even 1 cent from traders here. while you guys discussing his style, he is still mining green pips from forex, he traded more than 10 years, from nothing to now , he is rich enough but he low...
Not trying to discredit him. I think he can still be profitable trading the way he is. But I know how to listen remember and analyze. He adds to loosing trades. And he did mention he has a trade gold short till it dies (blow up). Listen and analyze he doesn't need to tell me he blows account but i''m sure he does. Should be ok as long as you have other accounts to fall back on. Also, that 70 pips GU is couple hundred pips since it's multiple entries.
  • #30,540
  • Sep 27, 2019 6:16am Sep 27, 2019 6:16am
Quoting maflip
{quote} Not trying to discredit him. I think he can still be profitable trading the way he is. But I know how to listen remember and analyze. He adds to loosing trades. And he did mention he has a trade gold short till it dies (blow up). Listen and analyze he doesn't need to tell me he blows account but i''m sure he does. Should be ok as long as you have other accounts to fall back on. Also, that 70 pips GU is couple hundred pips since it's multiple entries.
In total lose 70pips , not each order 70 pips,
i am sure when he blow out his account is early stage of his trading, actually his trade, yes big lot but not same others put until 40-50 pips stop loss, he always 20 pips only and sometime 30pips, he dont put 40/ 50 pips for stop.
He know what is valid or not valid at his set up cause he always follow his bigger tf view, but new trader like me is too focus smaller tf, and catch wrong direction,
but usual his smaller tf signal can provide 10-20 pips sometime even more, just we not paying attention at big tf, and expect big tp, end up green pips became red pips.
thats all i want to say is HE NEVER ASK FOR MONEY FROM US and SHARING HIS SECRETS STRATEGIES TRADING, all we need is more EXPERIENCE his METHOD
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