Rules based system that is profitable on GBPUSD and EURJPY | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Very Profitable System - Roi system 355 replies

Rules based method based on zz, fractals, psar, and s/d 118 replies

MA, Gann and Ichimoku system (profitable system!) 60 replies

MT4 EA: Let's make a profitable EA based on SOMETHING 7 replies

What are your most profitable rules in your trading plan? 36 replies

Attachments: Rules based system that is profitable on GBPUSD and EURJPY
Exit Attachments

Rules based system that is profitable on GBPUSD and EURJPY

  • #81
  • Jun 17, 2020 10:58am Jun 17, 2020 10:58am
Quoting tomiko
{quote} not revenge. i mean: you have open sell, price going down. then you manage to bag 180pips (either manual close or sl+). you got profit, right. and then price touch/cross ma63. but ma13 still under ma63. sell condition still inctact. will you open sell again? (maybe with considering some cs pattern or else)
No, i wait for another cross.. When take profit manually you have to be patient to wait for another cross
  • #82
  • Jun 17, 2020 10:59am Jun 17, 2020 10:59am
Quoting kofix11
Dear mkvy What is your position on EURJPY - still long? And if so is it correct to set the stop around 120.14?
You can see in my account link.. you can see all the stops etc
  • #83
  • Jun 17, 2020 5:13pm Jun 17, 2020 5:13pm
Quoting mkvy
{quote} You can see in my account link.. you can see all the stops etc
Got it - now I learned something. Thanks!
  • #84
  • Jun 18, 2020 7:05am Jun 18, 2020 7:05am
OK, GPBUSD just broke a major major important trendline... i have widened TP to infinity
  • #85
  • Jun 18, 2020 12:36pm Jun 18, 2020 12:36pm
Quoting mkvy
OK, GPBUSD just broke a major major important trendline... i have widened TP to infinity
I have tried your strategy, EMA 63 + 13 and entry when crossing the crossing line, but when I do it the result is I have difficulty, the price often touches the stop loss, then what is the right entry ...?
  • #86
  • Jun 18, 2020 3:59pm Jun 18, 2020 3:59pm
Quoting mkvy
{quote} The stoploss should be above the highest price before the crossover on H1 if you are selling, In the case of GBPUSD the stoploss is 123 pips. When it crosses you must wait another hour bar to confirm that its 100% crossed If you look at my meta trader account below... you can see everything My real account is an MT5 account and its nothing like the equity of this demo. But it cannot be linked to forex factory as it is MT5 and MT5 is not supported by Forex Factory at the moment.

Well, a screenshot of your MT5 account would do it...

Thanks in advance !
LDFX Trading Ltd
  • #87
  • Jun 18, 2020 4:07pm Jun 18, 2020 4:07pm
Quoting mkvy
Rules are Rules. Not M1,M5,M15,M30,H4,D,M H1 only H1 is the middle. If you average all the timeframes H1=average. If you use average, your best strategy would be to trade the average chart timeframe (TIP!)
Isn’t it because lately it only worked on H1 because of the special circumstances of unusual volatility due to the pandemic crisis ?

I would understand why a strategy might only work or work better on high timeframes because more data, therefore a higher hefge, but why this one is better on H1 than on H4 and daily ?

How long have you been trading this way ?


cheers,
LDFX Trading Ltd
  • #88
  • Jun 18, 2020 4:10pm Jun 18, 2020 4:10pm
Quoting mkvy
{quote} What would it do? I am not here to prove anything to you. The more that do not believe the better, and i doubt very much that many would have the discipline as everyone loves the dream of fast profits on low timeframe charts Shall i give you my bank account number, Sort code and security number too.

Do not blame me, you offered a demo to prove your “thing” yet blaming FF or MT5 because you cannot show your real. I just said that a screenshot of your mt5 account’s performances would do it.
LDFX Trading Ltd
  • #89
  • Jun 18, 2020 4:23pm Jun 18, 2020 4:23pm
Quoting mkvy
Instead of asking posting screenshots of real accounts maybe do backtesting. This takes time and patience. You cant do it on strategy tester, you have to spent hours of your own time in a disciplined way. Asking for everything delivered on a plate? This world is unbelievable

It has nothing to do about that.

A trader is only as good as his last trade, why would you then provide a demo account to show your performances while not providing your real account’s performance with a simple screenshot?

Probably because there is no good real account performance, which would be so easy to verify for your greater good.

Prove me wrong and call me a troll is all what I am asking, show us your real performance account by a single screenshot, easy, no ?
LDFX Trading Ltd
  • #90
  • Jun 18, 2020 5:16pm Jun 18, 2020 5:16pm
Quoting mkvy
I closed my trades on dummy demo, too high volume...
Are you holding on to them in your main account? Or are they two separate animals?
Focus.
  • #91
  • Jun 18, 2020 5:57pm Jun 18, 2020 5:57pm
Quoting mkvy
{quote} What would it do? I am not here to prove anything to you. The more that do not believe the better, and i doubt very much that many would have the discipline as everyone loves the dream of fast profits on low timeframe charts Shall i give you my bank account number, Sort code and security number too.
  • #92
  • Jun 18, 2020 6:00pm Jun 18, 2020 6:00pm
Quoting mkvy
{quote} Did you know that screenshots can easily be faked. So a screenshot would not prove anything. Just look at all that BS on forexrobotnation website However i will give you this screen shot of my real account {image}

Great, thanks M8 !

So you have uploaded your MT5 account on myfxbook, right ?

As you said said it, it is very easy to fake a screenshot such as yours showing monthly gains on my myfxbook.

But I am sure you are you are gonna break those assumptions by simply sharing your myfxbook account, I can’t wait, thanks for your honesty dude and I will truely apologize to have been such a troll once you have made your real mt5 account uploaded on myfxbook public.

cheers,
LDFX Trading Ltd
  • #93
  • Jun 18, 2020 6:02pm Jun 18, 2020 6:02pm
Quoting mkvy
Instead of asking posting screenshots of real accounts maybe do backtesting. This takes time and patience. You cant do it on strategy tester, you have to spent hours of your own time in a disciplined way. Asking for everything delivered on a plate? This world is unbelievable

amen i know i know brother, they don't know the struggle of yrs of live testing until u finally cracked the code...the hardest part is the patience once you overcome that...then u can call yourself a professional trader....
  • #94
  • Jun 18, 2020 6:25pm Jun 18, 2020 6:25pm
Quoting mkvy
{quote} what will i gain by sharing my live account?

More that sharing your demo, without the bragging of something inexistant for the reader.

Why all this talk for something so easily verifiable?
LDFX Trading Ltd
  • #95
  • Jun 18, 2020 9:08pm Jun 18, 2020 9:08pm
He isnt selling. You can test it yourself. If you like it stay on the thread. If not move on. If you can add some points then good.

It is a simple one try and test. If doesnt work for you unsubscribe and move on.

This is no use to confront make an issue of nothing. No one needs to prove anything. He can do what he like. You follow what you like.

Lets just keep FF clean of this banter.

Lets watch it. Simple there is risk appetite and demo accounts to try and see for oneself. If SL hits too many times and no use after few trades leave it. Thread will disappear if no interest. So dont worry. Move on...
  • #96
  • Edited 5:36am Jun 19, 2020 5:24am | Edited 5:36am
This is my live trade going on for GBPUSD.. the green blocks are just reference points 100 pip blocks of profit,
waiting for a cross up for trade close.. may be waiting a while though

The text is just backtesting and live profit/loss using pure crossovers not my actual manual TP... i did have a loss before this fall.. 60 pips i think on GBPUSD

The EMAs are not shown here but they are there with colour (NONE) sometimes i trade with a blacked out screen with just the alert arrows and trade levels (stops) showing, which helps cut out emotional demons.
I Have a MA cross alert that sends a push text alert to my MT5 ios app, so i can go anywhere and get an alert if i want.
Attached Image (click to enlarge)
Click to Enlarge Name: trade.jpg Size: 269 KB
  • #97
  • Jun 22, 2020 9:20am Jun 22, 2020 9:20am
Potential cross at EURJPY
  • #98
  • Jun 22, 2020 11:09am Jun 22, 2020 11:09am
Quoting Hao99
Potential cross at EURJPY
Thanks!
  • #99
  • Jun 22, 2020 11:29am Jun 22, 2020 11:29am
Quoting Hao99
Potential cross at EURJPY
Yes, i have done that one.. Buying EURJPY
In a situation where it crosses up, and you have about 100 pip stoploss... and for some reason in a few hours time it crosses down with low volatitlity.. which can happen... You can either stick with the original buy trade and see what happens tomorrow.. or just cancel order and follow the cross... In that case the stoploss will probably be way less than 100 pips in low volatility on a cross down

I quite like just following the cross, its still profitable in the long run..

I think tonight GPBUSD may cross up too..

EURJPY always seems to lead

The sell trade i closed earlier 120pips profit on another MT5 account ... If you would have waited for the cross up... still would have made 50+ pips which is fine too
  • #100
  • Edited 1:11pm Jun 22, 2020 12:51pm | Edited 1:11pm
0 traders viewing now