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Gamblers 5 and 15 minute trading system

  • #281
  • Nov 4, 2008 10:17am Nov 4, 2008 10:17am
Loving the system simple yet from what I can see effective.
  • #282
  • Nov 4, 2008 10:29am Nov 4, 2008 10:29am
Quoting TheSnowman
I just found this thread / system, put you indicators on the EUR - USD for today 11-4-2008 - have a look
If you are following this thread, can you please reply and tell us what your entry point might have been on this chart? Is it still strictly as per Post #1, bar after a close above the trend change?
Thanks, John
I'm not trading the system as described here anymore. Entry would have been the strong bullish bar after 9:00.
I've taken some of the aspects (in this case PA and throwing all indicators in the garbage) of this method and used them to develop my own trading style. I don't see how adding an indicator could improve my sucessrate when there is no statistical evidence.

I've posted my "system" in this thread.
http://www.forexfactory.com/showthread.php?t=113372
  • #283
  • Nov 6, 2008 7:39am Nov 6, 2008 7:39am
Tjpld. You have done a greet job here.
I am a newbies and I am also tried of indicators.
Want to know if you are still using the same system you posted in 2007 or the upgrade. And is there any manual for it cos I kind of mix things up.
I will appreciate if you can help.
Thank you
  • #284
  • Nov 14, 2008 1:08am Nov 14, 2008 1:08am
Quoting Tjpld
No I'm not constantly in the market. [Trading Times]
Here's everything I use. Hope the Template works.

You might have to refresh the Auto Pivot once a day. Just go in your indicators window select ##AutoPivot and Edit and Click Ok to get
the levels painted correctly.
Hey TJPLD, nice work you have done with your EA....

THanks Gambler for your interesting system...

I like to trial TJPLD Ea, just wondering what are the settings for your EA, default? and just dowuble checking 15 mins Chart?

Cheers
Fxseer
  • #285
  • Nov 14, 2008 3:38am Nov 14, 2008 3:38am
Thanks for the kind words.
But where did I post an EA? I think you mix something up there.
I'm using the system from my last post.
  • #286
  • Nov 29, 2008 12:17pm Nov 29, 2008 12:17pm
What has happened to the developer of the thread & a great system???

Gambler180, if your still out there.......WHAT HAPPEND? You gave everyone enough information on how to use this system then vanished.

I am NOT surprised as I have seen this happen many times before. The idea is planted, takes hold & then all of a sudden ITS OVER.....it is usually over for three reason #1. The developer vanishes for whatever reason. #2. The thread is flooded with traders offering snide remarks & negative comments trying to change the system by adding indicators that are not needed, or by some other useless way. Last but NOT least #3. The system is just SO SIMPLE NOT NEEDING INDICATORS & EVERYONE LOSES INTEREST LEAVING IN SEARCH OF THE ALL ELUSIVE INDICATOR OR HOLY GRAIL. IN THIS CASE IT IS EVIDENT THAT #1 & #3 are @ work.

Please, I am not pointing fingers @ anyone, but just merely stating the obvious that I have observed over many years following trading forums.

Gamber180.......You have clearly moved on for whatever reason, but you left behind your mark in the form of a nice simple easy to understand system that can no doubt me expanded upon to make it a very profitable system. I have mix it in with what I use & it is great. With a basic understanding of PRICE ACTION this is a very sound system to trade.

There are many who have posted on the thread their viewS, ideas & even there trades......to those THANK YOU. #2 from my three reasons never seemd to enter into this thread & that is good. Those that posted stayed positive & helpful. Gambler180 if you can, rejoin & continue sharing your no doubt strong insight into forex trading. Everyone else, keep posting & sharing your trades & ideas as this is a very simple PRICE ACTION system that works.

These are just my respectfully submitted views & nothing more.

Regards to All
_________________________

AceTrader
  • #287
  • Nov 29, 2008 12:24pm Nov 29, 2008 12:24pm
Quoting acetrader
What has happened to the developer of the thread & a great system???

Gambler180, if your still out there.......WHAT HAPPEND?...
Thank you for the nice words. The reason that I am not so active in this thread anymore is that I could not get the system to work. I started to use it on the daily charts and that was a disaster. the profit/loss ratio is not good with this system. I allways lost more than I earned and that is not good with a winning probability of 50 %. I have now started to use a 3 min moving average scalping system in the US session on the 5 min charts.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #288
  • Nov 29, 2008 1:47pm Nov 29, 2008 1:47pm
Gambler180,

I'll send you a PM later today & update you on what I'm doing.

AceTrader
  • #289
  • Nov 29, 2008 5:28pm Nov 29, 2008 5:28pm
Gambler180,

When you have time check your PM box. Let me know what you think.

AceTrader
  • #290
  • Dec 8, 2008 3:28pm Dec 8, 2008 3:28pm
I have created a new journal again. It can be found at http://www.forexfactory.com/showthread.php?t=135151

The system is completely different and I am looking at both currencies, stocks and futures.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #291
  • Jan 17, 2020 9:46am Jan 17, 2020 9:46am
Almost 12 years after Gambler's start of this wonderful system. Just discovered it. Absolutely no need for any indicators or EA's, just original rules! I am trading it at 30 min. charts, and have feeling that I "Feel It"! Thanks Gambler 180!!!
  • #292
  • Last Post: Jan 17, 2020 11:31am Jan 17, 2020 11:31am
Quoting Bondone
Almost 12 years after Gambler's start of this wonderful system. Just discovered it. Absolutely no need for any indicators or EA's, just original rules! I am trading it at 30 min. charts, and have feeling that I "Feel It"! Thanks Gambler 180!!!

Gambler said something in post#287 about losses or was he only refering to his new found TF?

So how long have been profiting with this system sir?
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