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Simple Monday-Tuesday System (attached calculator)

  • #1,221
  • Mar 14, 2020 9:16am Mar 14, 2020 9:16am
Quoting Erebus
{quote} He didn’t answer, our man in Russia, few words. He did confirm the entry at 25% He has GBP pairs and CAD pairs but no GBPCAD ??? This is 15% entry but still pips with 25% entry, come on 0xff {image}
Great info Erebus. Thanks for sharing all of this. Will give it a try this coming week.

Your man in Russia (Hi Oxff!) mentioned before his favorite pairs:

https://www.forexfactory.com/showthr...0#post12762680
  • #1,222
  • Mar 14, 2020 11:39am Mar 14, 2020 11:39am
I'm just putting this spreadsheet up for info and see who's interested. This could be produced for as far back as you want although its only last week while I test it.
Comments appreciated and if anyone is wise enough to do the conversion from Pips to £££or$$$ please let me know save me having to research it again!

Its all auto generated and a csv file just in case you don't use Excel.

Anyone spots any errors please let me know.
Attached File(s)
File Type: csv MonTues_System.csv   4 KB | 249 downloads
  • #1,223
  • Mar 14, 2020 1:31pm Mar 14, 2020 1:31pm
Hi Erebus, these result's which you posted +50% is on live account, did you trade for month now?

And one more question, if your pending order is triggered and immediately stop out do you enter another trade for opposite direction
  • #1,224
  • Mar 14, 2020 3:19pm Mar 14, 2020 3:19pm
Sunday morning Australia , good day world, and all new believers, welcome to the only trading method you will ever need, take some have a good look around but don’t be a and do this..

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2020-03-14 at 12.42.52 pm.png Size: 1.8 MB
It takes a lot for me to IGNORE you, but you can try.
  • #1,225
  • Mar 14, 2020 5:00pm Mar 14, 2020 5:00pm
Quoting Millersr10
Hi Erebus, these result's which you posted +50% is on live account, did you trade for month now? And one more question, if your pending order is triggered and immediately stop out do you enter another trade for opposite direction
Can you see my TE = Trade Explorer? The 50% gain is on DEMO (Blueberry) 1 week only

I don’t know why it doesn’t show in the results on home page.

I never seen any trade immediately stop out, this is not a panic scalping method

Yes, both EURGBP & GBPCHF got stop out, but both continued in the chosen direction, no reverse signal

Please find an example for your questions, not just what you dream in your head

Study the PRICE, all answers are on the charts

Enjoy the Sunday, love youse all

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2020-03-14 at 12.37.28 pm.png Size: 2.1 MB
It takes a lot for me to IGNORE you, but you can try.
  • #1,226
  • Mar 14, 2020 6:02pm Mar 14, 2020 6:02pm
Quoting zoraxfx
You are a great philosopher (Nietzsche, Schopenhauer, Kant ???), a kind of guru and we are happy that you show us the way
Thank you, but here is real philosophy



Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2020-03-15 at 9.00.10 am.png Size: 58 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,227
  • Mar 14, 2020 11:37pm Mar 14, 2020 11:37pm
Just found the thread and read the whole thing in one go. Can't say I've ever been as excited for a Wednesday as I am now.
  • #1,228
  • Mar 15, 2020 12:03am Mar 15, 2020 12:03am
My last result,
Winner = 10
Lose = 7
It's rough week but still got profit.


Gbpchf & EG made me get stop loss..but I'm lucky because set order them again and gives me awesome result.

Do you think we should set up buy or sell at 1.15 or 1.25?
  • #1,229
  • Mar 15, 2020 12:10am Mar 15, 2020 12:10am
Quoting ckerdmon
...Gbpchf & EG made me get stop loss..but I'm lucky because set order them again and gives me awesome result....
When you got stopped out, which direction were you trading in? And when you opened a new trade on these pairs, was it in the same direction you initially got stopped out on?
Learn from your mistakes and march on.
  • #1,230
  • Mar 15, 2020 12:14am Mar 15, 2020 12:14am
Quoting Erebus
{quote} Thanks for testing and sharing. The loss on EURGBP was due to volatility swing, I got hit on real account and the demo in my trade explorer. The system actually got the direction correct, and a re-entry would have recovered the loss for break even or profit. See you next week. {image}
When you got stopped out on EURGBP, which direction were you trading in? Was it short or long?
Learn from your mistakes and march on.
  • #1,231
  • Mar 15, 2020 12:20am Mar 15, 2020 12:20am
Quoting Erebus
Sunday morning Australia , good day world, and all new believers, welcome to the only trading method you will ever need, take some have a good look around but don’t be a and do this.. {image}
Hello
This method keep we busy check profit while coronavirus time
  • #1,232
  • Edited 1:32am Mar 15, 2020 12:37am | Edited 1:32am
Charts don't get much cleaner than this. I'm going to try to limit the pairs that I trade with this strategy so i'm not risking tooooo much. I'm going to try to risk around .5% to 1% per pair. I'm going to treat these trades as a basket but also let each pair have a set TP and SL. If some of the pairs hit a TP or SL but my overall basket TP or SL hasn't been hit yet, i'll continue to trade. Once the overall basket TP or SL has been hit than I will "close all trades" no matter what. I'm not quite sure what a good overall TP and SL is yet. I haven't had enough time to forward test this strategy. I think I will start with a TP of around 3%-5% and a SL of 5%. These are just a starting point and by no means "set in stone". I'm going to focus on All USD pairs except for USDCHF (not trading CHF) and ALL GBP pairs except for GBPCHF, and EURAUD and EURNZD due to their big ranges.

Edit: I forgot to mention I will also be using 15% for entry and 50% for SL, and 1:1 for TP. I may or may not also forward test 15% entry and 100% for SL and 1:.5
Attached Image (click to enlarge)
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  • #1,233
  • Mar 15, 2020 12:53am Mar 15, 2020 12:53am
Quoting bojack34
...I'm not quite sure what a good over TP and SL is yet. I haven't had enough time to forward test this strategy...
One doesn't need to forward test the strategy to figure this out.
Learn from your mistakes and march on.
  • #1,234
  • Mar 15, 2020 12:57am Mar 15, 2020 12:57am
Quoting here2there
{quote} When you got stopped out on EURGBP, which direction were you trading in? Was it short or long?
I can see why people get annoyed with you? Have you looked at your charts? Do you have the Fibonacci Tool there to draw the levels? Or perhaps using one of the box indicators? Or at the very least, your EYES?

Okay, here is the chart, the first (smaller) yellow box is where a trade triggered on a pending order - Buy Stop

The red box is where that trade was exited on the Stop Loss order

The second (larger) yellow box is where there is opportunity to re-enter the trade

Both were BUY or LONG trades

GBPCHF is the opposite of EURGBP, please read the article I linked previously.

Therefore, the trades on GBPCHF were SELL or SHORT trades.

Hope that helps; you can help yourself by learning the charts, learn the methodology.

Thanks

PS, this is me practicing to be a nice guy Bojacker

Attached Image (click to enlarge)
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It takes a lot for me to IGNORE you, but you can try.
  • #1,235
  • Mar 15, 2020 12:59am Mar 15, 2020 12:59am
Quoting Erebus
{quote} I can see why people get annoyed with you? Have you looked at your charts? Do you have the Fibonacci Tool there to draw the levels? Or perhaps using one of the box indicators? Or at the very least, your EYES? Okay, here is the chart, the first (smaller) yellow box is where a trade triggered on a pending order - Buy Stop The red box is where that trade was exited on the Stop Loss order The second (larger) yellow box is where there is opportunity to re-enter the trade Both were BUY or LONG trades GBPCHF is the opposite of EURGBP, please read...
I can feel the restraint. Good Job!
  • #1,236
  • Mar 15, 2020 1:01am Mar 15, 2020 1:01am
Quoting here2there
{quote} One doesn't need to forward test the strategy to figure this out.
I didn't say I was trying to figure out the system. I'm trying to dial in my money management. Big difference.
  • #1,237
  • Mar 15, 2020 1:01am Mar 15, 2020 1:01am
Quoting here2there
{quote} When you got stopped out, which direction were you trading in? And when you opened a new trade on these pairs, was it in the same direction you initially got stopped out on?
I think it can't hold on above 0.50(sl) and make engulf for last candle as attached image. So, sell it again for gbpchf.
Attached Image (click to enlarge)
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  • #1,238
  • Mar 15, 2020 1:02am Mar 15, 2020 1:02am
Quoting ckerdmon
My last result, Winner = 10 Lose = 7 It's rough week but still got profit. Gbpchf & EG made me get stop loss..but I'm lucky because set order them again and gives me awesome result. Do you think we should set up buy or sell at 1.15 or 1.25?

Lucky or smart

15 or 25, it a personal thing, why don’t you be brave and try 20

It takes a lot for me to IGNORE you, but you can try.
  • #1,239
  • Mar 15, 2020 1:03am Mar 15, 2020 1:03am
Quoting bojack34
{quote} I can feel the restraint. Good Job!
Oh, you mean no meme

It takes a lot for me to IGNORE you, but you can try.
  • #1,240
  • Mar 15, 2020 1:04am Mar 15, 2020 1:04am
Quoting Erebus
{quote} Lucky or smart 15 or 25, it a personal thing, why don’t you be brave and try 20
Everyone would rather just ask for other peoples settings and then do one of the most useless things on MT4....backtest a strategy. People don't have the patience to forward test properly and keep notes/stats.
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