Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
{quote} The 5-method strategy does not change. But for sure, most of the postings for the past 3 years have not been about that basic strategy. Instead, there is use of all kinds of indicators added to the 4 of the original system. Lately, the focus has even gone down a path that the OP never wanted--using an EA. So, if you want to learn ONLY about the original system, start with post #1 and then stop when you reach the year 2012. That's all you need.
Regret is Brutal
- #105,183
- Jun 8, 2020 10:27pm Jun 8, 2020 10:27pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Hi Emmanuel! could you share your v19 setting please?
For that GBPAUD H4 trading, follow these Steps:
https://www.forexfactory.com/showthr...3#post12948513
https://www.forexfactory.com/showthr...9#post12948519
https://www.forexfactory.com/showthr...4#post12948524
https://www.forexfactory.com/showthr...6#post12948536
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #105,184
- Jun 9, 2020 12:43am Jun 9, 2020 12:43am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #105,185
- Jun 9, 2020 12:47am Jun 9, 2020 12:47am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
You see, when you only post trades after they have gone into profit, which as I said is nothing more than deception, you can mouth off and impress the newbies. But, as lisat said, when that same person tries to post a trade at the time of entry, it's a very different thing. Yesterday he did it with EA and his trade got stopped at BE. Of course he doesn't speak of that trade any longer.
Then he posts this trade entry (below), and I have to tell you that I nearly fell off my chair laughing at this entry, from an (alleged) trader of "30 long years". Why did he enter? because he likes the little red lines that Steve Hopwoods EA showed him...the same EA that has no business in this thread of eelfranz because eelfranz expressly asked people to respect his wishes in his thread and not post EA's.
But lets have a look at what most traders see (chart below). GA has been dropping since April 4th. So it has dropped 1700 pips in about 9 weeks, more or less, and without a significant correction. GA has been in consolidation for the last 24 hours and given that the AUD which has been rising since about April 4th, it would be sensible to consider that the GA drop may have become exhausted and that selling at the bottom and in consolidation is a pure newbie basic error.
Selling at the bottom, while the pair is in consolidation for the last 24 hours because some EA painted pretty red lines on the chart of a trader of "30 long years" experience is a sad and pathetic sight. You see what happens when you lie to the people and you get called out on it? And this isn't the first time.
He's a proven liar, as I've said. Be warned that you'll definitely lose following him. And if you STILL think that's wrong, where are all the winners that he has helped? Where's even one of them??
His GA trade hit the SL for about -120 pips.
Before you ask, here's my trade on the same pair. (which, since I took the screenshot has now hit TP for +112)
Then he posts this trade entry (below), and I have to tell you that I nearly fell off my chair laughing at this entry, from an (alleged) trader of "30 long years". Why did he enter? because he likes the little red lines that Steve Hopwoods EA showed him...the same EA that has no business in this thread of eelfranz because eelfranz expressly asked people to respect his wishes in his thread and not post EA's.
But lets have a look at what most traders see (chart below). GA has been dropping since April 4th. So it has dropped 1700 pips in about 9 weeks, more or less, and without a significant correction. GA has been in consolidation for the last 24 hours and given that the AUD which has been rising since about April 4th, it would be sensible to consider that the GA drop may have become exhausted and that selling at the bottom and in consolidation is a pure newbie basic error.
Selling at the bottom, while the pair is in consolidation for the last 24 hours because some EA painted pretty red lines on the chart of a trader of "30 long years" experience is a sad and pathetic sight. You see what happens when you lie to the people and you get called out on it? And this isn't the first time.
He's a proven liar, as I've said. Be warned that you'll definitely lose following him. And if you STILL think that's wrong, where are all the winners that he has helped? Where's even one of them??
His GA trade hit the SL for about -120 pips.
Before you ask, here's my trade on the same pair. (which, since I took the screenshot has now hit TP for +112)
Doing what you like is Freedom. Liking what you do is Happiness.
- #105,186
- Jun 9, 2020 1:04am Jun 9, 2020 1:04am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #105,187
- Jun 9, 2020 1:13am Jun 9, 2020 1:13am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
You see, when you only post trades after they have gone into profit, which as I said is nothing more than deception, you can mouth off and impress the newbies. But, as lisat said, when that same person tries to post a trade at the time of entry, it's a very different thing. Yesterday he did it with EA and his trade got stopped at BE. Of course he doesn't speak of that trade any longer. Then he posts this trade entry (below), and I have to tell you that I nearly fell off my chair laughing at this entry, from an (alleged) trader of "30 long years"....
Wrong AGAIN RJ!
Bashing me won't make you a better trader. You are a loser. Go and help lisat with her trading as you promised her since she re-started trading Genesis 1st June.
You do not know how Big E traded and how he would exit hi trades when price pulls bacl 15 to 20 pips.
GBPAUD exited when there was a pull back and took small profit when the H1 CandleStickTrailingStop hit.
TMS_V19 is a great trade management tool other than it screening all the user preferred technical conditions for ALERTS.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #105,188
- Jun 9, 2020 1:21am Jun 9, 2020 1:21am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
GBPAUD exited when there was a pull back and took small profit
Doing what you like is Freedom. Liking what you do is Happiness.
- #105,189
- Jun 9, 2020 1:24am Jun 9, 2020 1:24am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
EURUSD Jun 09 M15 trade closed
2.5R trade ....
all these little trades adds up to my average $1,000 per day average over 36 months trading cycle.
lots more M15 day trading done today.
will post some more charts later for haters.
2.5R trade ....all these little trades adds up to my average $1,000 per day average over 36 months trading cycle.
lots more M15 day trading done today.
will post some more charts later for haters.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #105,190
- Jun 9, 2020 1:25am Jun 9, 2020 1:25am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Yes, of course you did
Of course, thanks to the OP Big E who shared so many of his trading habits.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #105,191
- Jun 9, 2020 1:29am Jun 9, 2020 1:29am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
You see, when you only post trades after they have gone into profit, which as I said is nothing more than deception, you can mouth off and impress the newbies. But, as lisat said, when that same person tries to post a trade at the time of entry, it's a very different thing. Yesterday he did it with EA and his trade got stopped at BE. Of course he doesn't speak of that trade any longer. Then he posts this trade entry (below), and I have to tell you that I nearly fell off my chair laughing at this entry, from an (alleged) trader of "30 long years"....
Success means going from failure to failure without loss of enthusiasm
- #105,193
- Jun 9, 2020 1:53am Jun 9, 2020 1:53am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #105,194
- Jun 9, 2020 1:56am Jun 9, 2020 1:56am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
{quote}Great trade RJ
Doing what you like is Freedom. Liking what you do is Happiness.
- #105,195
- Jun 9, 2020 1:58am Jun 9, 2020 1:58am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
Yes, of course you didGBPAUD exited when there was a pull back and took small profit.
To free Gazans of Hamas, use whatever it takes.
- #105,197
- Jun 9, 2020 2:04am Jun 9, 2020 2:04am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #105,198
- Jun 9, 2020 2:11am Jun 9, 2020 2:11am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Cheers DrDave. It really isn't rocket science and there is no need, and there is no place for all these gimmicks that keep appearing on this thread. It's just a matter of looking at the charts and weighing up the options before entering. In that GA trade the initial SL was -35, so the risk was well worth the reward. If there is no trades (in any of my 6 pairs) then there's no trades!! It's another day tomorrow! Protect capital so that I can trade tomorrow (if there is any trades to take!)
Follow TDI perhaps?
- #105,199
- Jun 9, 2020 2:22am Jun 9, 2020 2:22am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
{quote}
I don't use TDI. Nothing wrong with it but it's not for me.
Doing what you like is Freedom. Liking what you do is Happiness.
- #105,200
- Jun 9, 2020 2:24am Jun 9, 2020 2:24am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote}{quote} RealJumper, looks like... {image}
Here is another profitable trade going on to hit TP soon maybe ... maybe not
The 5 Fundamental Truths of Trading by Mark Douglas
1. Anything can happen.
2. You don’t need to know what is going to happen next to make money.
3. There is a random distribution between wins and losses for any given set of
variables that define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.
5. Every moment in the market is unique.
EURGBP Jun 09 M15
CSTSL managemenet
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett