Magic 100

Quoting xkwisit2001

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{quote} If you see pin bars and it's near 21EMA and direction is up then you set pending order on the pin bar. It's not hard to see if it's close to the moving average. Even if other candles get closer it doesn't matter because it's a pending buy order. I never told you to trade what I use, it's a mere suggestion in case it helps as its working great for me. If you go back to first post you'll see my quoted post. I know how to trade it perfectly. Last 2 months completely green for me. Trade safe.

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MaxNNQ, you can show again with a picture what you mean by the adx

Quoting alidrus83

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Do we need to confirm EMA100 is tally with both daily and H1 time frame before entering? For example: if we see EMA100 below candlestick in daily, we need to ensure in H1 as well

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Quoting teapeak

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Nice trades from GBPJPY, , GBPUSD and AUDUSD {image} {image} {image}

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Quoting teapeak

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{quote} Hi Minotawr, took the same trades but didn't arrived to TP. What about to move SL to breakeven to avoid loosing trades, when it will be in profit X pips when X is some ratio of SL or use some trailing? Any suggestion or other idea? Thanks. Tea {image}

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Quoting Gh0stRider

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{image} Hi there Thanks for simplest system ever i seen, as i'm new to trading and willing to learn from your system so far just reading yours and all members posts from all pages and trying to mark charts for back testing and its very interesting system i must say but i'm having some issue's if you can clarify " Minotawr " i will highly appreciate it. I attached one of your chart and marked 2 candles. So the market is in uptrend in the picture so are we looking for just red candle or the colour doesn't matter? as you can see the first red candle...

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Quoting alidrus83

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After I view from page one to all pages and some lectures from admin, i think I get the point.. Can you share the fibo point you made for entry

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Quoting MaxNNQ

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First of all, thank Minotawr for sharing your trading system. It's so simple and elegant that I think everyone can make profit with it. I tried to do 100 backtest using bar replay on Tradingview. However I just manage to do 50 trades and the results is amazing I tested on GOLD/USD on daily chart and R:R is 2:1. With all respect, I add ADX and DI into your system to clarify the trend and determine when to stay out of the market. If price is closed to 100EMA or ADX line go under 20, don't trade. It help me win 32/50 trades. 64% win rate and made 250%...

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Quoting dagoods

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{quote} Wonder what the optimal RR would be? One would think the RR could be much higher than 2:1 with the 'Magic' "system". Perhaps try 4: 1 RR or higher but now on to more important stuff Query: What is the difference between Magic and Magick?

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Quoting DB07

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Minotawr, I really like your system as it has huge potential Working right know on some variation of money managment thar can be used in your system. Menawhile is there any chance you can share the template. I really like how your chart looks ( color, backgorund and everything) Thank you.

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Quoting ingo3344

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Hello, when are the bsten entered with the adx, MaxNNQ. Magic is when good people share simple profitable strategies for free

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Quoting johnvr

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Hello Miniotwar. in your live experience and back testing, which currency pairs are best to trade with your strategy. Thank you.

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Quoting Degolep

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{quote} Great example, very simple, will look at it how effective it is.

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Quoting sweetmoya

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My only question is let say your In a up trend and a red candle is form followed by a smaller green candle which did not broke the high of the red , would the top of that green candle be your new buy stop or you only buy above red candle

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Quoting teapeak

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Nice trades from GBPJPY, , GBPUSD and AUDUSD {image} {image} {image}

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Quoting MaxNNQ

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{quote} Thank you. I read all the page and I know you understand and explain this strategy really well. I'll try your suggestion then post the result here. {quote} ADX is the white line, as you can see. When it go under the dash line (level 20), it means no trend is going. Even the last 2 trades when ADX going down show 2 loss. That when I know we could stop trading this pair {image}

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Quoting fx11trade

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@minotavr how was performance for month of May for you? April looked good.

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