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Magic 100

  • #201
  • Apr 13, 2020 3:36am Apr 13, 2020 3:36am
Quoting arnjms
Wow... Nice Thread!... Amazing. Your the 4th person who I saw uses this strategy, only different entry techniques & timeframes. I can add this entry technique in my arsenal hehehe. I love the simplicity.. Just a few questions bro 1. When do you plan your trades? is it the day before or every morning before asian opens? 2. When do you check the chart? is it every hour every candle close? 3. Do you wait for London open before checking the chart? do you take trades on asian session and why/why not? 4. how about NY signals, do you trade the...
Hi arjms, and welcome.

First I looked on my charts one hour before frankfurt session. I only trading the frankfurt and london session. I just trading pairs with clear trend on H1.

I recommend to you to start with H4 and Daily TF.
  • #202
  • Apr 13, 2020 3:38am Apr 13, 2020 3:38am
Quoting Minotawr
{quote} Hi Hercs, you have marked a green candle. This is wrong. We looking for red candles in the uptrend and green candles in the down trend for our entries.
Hi Minotawr,
THAT is all that I need - entirely my mistake for misinterpreting your rules or a blackspot
Thanking you most sincerely.
Hercs.
Hercs
  • #203
  • Apr 13, 2020 3:55am Apr 13, 2020 3:55am
Minotawr,
Here is the explanation for my "blackspot", but I am still confused? Sorry
You selected a RED candle on the down direction which is already lower than previous low and chances are good that it may go further down. In your case that would not have mattered because your order was for long and so you move candle by candle as it "might have travelled further down."
And I think my misunderstanding was in this screenshot of your trade in #Post 1 followed by the next screenshot on Page 1.
So most importantly NOT a "black-spot" for me, but perhaps I read too fast. A lesson to me for sure.
Hercs.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 41 KB
Hercs
  • #204
  • Apr 13, 2020 3:46pm Apr 13, 2020 3:46pm
GBP/AUD can you see the magic?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH1.png Size: 37 KB
  • #205
  • Apr 13, 2020 3:53pm Apr 13, 2020 3:53pm
AUD/JPY love the behavior of the AUD pairs last days.

The markets gave us opportunities every day. Analyze, make decisions and take advantage
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYH1.png Size: 36 KB
  • #206
  • Apr 13, 2020 3:59pm Apr 13, 2020 3:59pm
EUR/AUD

Why do people rarely recognize the power of the trend?
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 38 KB
  • #207
  • Apr 13, 2020 10:07pm Apr 13, 2020 10:07pm
Quoting Minotawr
EUR/AUD Why do people rarely recognize the power of the trend? {image}
This is excellent, please can you tell me your RR here as I can see it is really huge like riding the wave how do you decide to get out and do you trade at all 1:3 RR?

Thank you
  • #208
  • Apr 13, 2020 11:32pm Apr 13, 2020 11:32pm
Quoting Minotawr
EUR/AUD Why do people rarely recognize the power of the trend? {image}


thanks dear Minotawr for my previous message in long week. these days i have some trouble with my pc. however thanks again for the quick reply. so dear i want to know how do you trading in news time with this your method ? also do you consider only the strong trend of the pair when you enter to the trade ? ?
  • #209
  • Apr 14, 2020 12:47am Apr 14, 2020 12:47am
Hi Minotawr
It was some nice trades, do you prefer some pair ? All this trades was on cross GBPAUD,AUDJPY,EURAUD or which pair your trade . Thanks for ansver.
  • #210
  • Apr 14, 2020 2:37am Apr 14, 2020 2:37am
Quoting Forestralia
{quote} This is excellent, please can you tell me your RR here as I can see it is really huge like riding the wave how do you decide to get out and do you trade at all 1:3 RR? Thank you
Hi mate, thanks. "Riding the way", yeah, i like it. RR was huge on this one and it`s not over yet

I just get out of all my trades before the easter bank holidays in my country
  • #211
  • Apr 14, 2020 2:43am Apr 14, 2020 2:43am
Quoting sam1967
{quote} thanks dear Minotawr for my previous message in long week. these days i have some trouble with my pc. however thanks again for the quick reply. so dear i want to know how do you trading in news time with this your method ? also do you consider only the strong trend of the pair when you enter to the trade ? ?
Hey my friend, I only interrupt my trading during the NFP day and my own holidays

Strong trends are the essence of this method...
  • #212
  • Apr 14, 2020 2:47am Apr 14, 2020 2:47am
Quoting Kalvera
Hi Minotawr It was some nice trades, do you prefer some pair ? All this trades was on cross GBPAUD,AUDJPY,EURAUD or which pair your trade . Thanks for ansver.
Hi Kalvera, i prefer the pairs with good trend. Clear movements and clean retracements.
  • #213
  • Apr 14, 2020 3:04am Apr 14, 2020 3:04am
Quoting Minotawr
{quote} Hey my friend, I only interrupt my trading during the NFP day and my own holidays Strong trends are the essence of this method...

ok thanks dear for your cooperation...
  • #214
  • Apr 14, 2020 3:18am Apr 14, 2020 3:18am
Quoting Minotawr
{quote} Hi Kalvera, i prefer the pairs with good trend. Clear movements and clean retracements.
Your recent EURAUD trade shows not a clear trend and not a clear retracement

https://www.forexfactory.com/attachm...0&d=1586811579
  • #215
  • Apr 14, 2020 4:02am Apr 14, 2020 4:02am
Quoting Olarion1975
{quote} Your recent EURAUD trade shows not a clear trend and not a clear retracement https://www.forexfactory.com/attachm...0&d=1586811579
Hi buddy, thanks for stopping by.

No? Why not? For me its pretty obviously
  • #216
  • Apr 14, 2020 4:32am Apr 14, 2020 4:32am
Hi , I see some people use the Luktom order managment EA.. Does it work ok for you and can you recommend this.. Thanks a lot..
  • #217
  • Apr 14, 2020 6:00am Apr 14, 2020 6:00am
Quoting Piscis
Hi , I see some people use the Luktom order managment EA.. Does it work ok for you and can you recommend this.. Thanks a lot..
Hi Piscis, yes i am using this one. It`s helpfull to do placing my SL/TP
  • #218
  • Apr 14, 2020 6:06am Apr 14, 2020 6:06am
HI Minotawr, thanks for your quick reply, will try to dig t up somewhere! Awesome system by the way, first trade yesterday with a good win, will post later..
  • #219
  • Edited 8:43am Apr 14, 2020 7:07am | Edited 8:43am
HI Minotawr, what does your result look like every month? you are profi
  • #220
  • Apr 14, 2020 8:47am Apr 14, 2020 8:47am
Quoting ingo3344
HI Minotawr, what does your result look like every month? you are profi
Hi Ingo, what do you mean and why?
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