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Attachments: Magic 100
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Magic 100

Quoting Sang.Real
{quote} USD CAD Arriving at 1:2 RRR. Newbie wait for another push up. ( hope i'm lucky) {image}

USD CAD

Newbie adding position on pullback.
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Do you use guaranteed stops? Or normal stops?
Quoting Minotawr
{quote} Hi Iddd, i trade the Frakfurt and London session. 1 trade per day for every pair. Mostly the major pairs. Sometimes i see a good trend and setup on a daily TF, so i place trades on daily also. Thanks for your questions
Hi, thanks so much for this strategy and your time. I've read all the topic. And you always trade in London session, I would like to know if this strategy works in USA session. Good luck
Quoting MichaelG
{quote} Hi again Sang.Real. I don't post much here. Posting doesn't make me any money. But when I see someone who is struggling/newbie, I will sometimes make the effort to assist them. You asked for assistance, and a few members have given their assistance.....and only a short time ago, I suggested that you avoid trading the EURJPY. I thought that my reasoning for doing that was evident in my post to you. But now I see you have ignored that advice and have traded it anyway(after thanking me for the advice). On top of that, you used a SELL LIMIT...
@Sang.Real

Hi Sang,

I hope you are well.

Here is a simple manual trading method that I've been using for a quite a while. It works well might be easier starting point for you to learn how to read the charts also placing SL/TP Buy stop and Sell stop orders.

I've attached power point showing you how the pullback method works...good luck m8

https://1drv.ms/p/s!AsFpX752LkHrszun...9gelI?e=TGizZU

Quoting Heknoid
{quote} @Sang.Real Hi Sang, I hope you are well. Here is a simple manual trading method that I've been using for a quite a while. It works well might be easier starting point for you to learn how to read the charts also placing SL/TP Buy stop and Sell stop orders. I've attached power point showing you how the pullback method works...good luck m8 https://1drv.ms/p/s!AsFpX752LkHrszun...9gelI?e=TGizZU
@Heknoid

Thanks for your contribution.

That's very encouraging words and for your contribution to help Newbie like me.

I am on my way of picking up this method. And it’s a long way to go.

I'll have a look on the write up you provide on weekends or in between trades when opportunity arises.

I’m beginning to see the overall pictures as Newbie need time to digest information and gaining some experience in real trading.

Again, Thanks for the info, and keep up the good work . May the Green pips be with you !!!

Down Under
Quoting Sang.Real
Hello. I'm Newbie. Anybody here took this short trade ?. GBP/JPY Is this a good set up for short ? Where is the target is trade taken. Thank you for helping newbie. {image}
Hey Sang, yes this is a good Magic100 setup Target is the 1:3 RR. TakeProfit would be reached quickly on this one.

You getting it slowly, keep it up!
Quoting Slybei
{quote} Hi, thanks so much for this strategy and your time. I've read all the topic. And you always trade in London session, I would like to know if this strategy works in USA session. Good luck
Hi Slybei, thanks and welcome.

Well i haven`t tested it on the USA Session. For me the Frankfurt/London session has worked very good so far. I think backtesting is needed in this case.
Quoting Wellington
{quote} Hey Minotawr - I see that trade was right off of the 61.8 Fib. Is that something you're generally keeping an eye out for? {image}
Hey Wellington, i love fibs. Since we´re looking for retracements in a trend, there will always will be entrys on important fib levels. But i don`t look for them specifically.

Thanks
one more nice trade on GBPUSD
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i wouldn't have thought the gu would work again
Quoting Minotawr
{quote} Hi Slybei, thanks and welcome. Well i haven`t tested it on the USA Session. For me the Frankfurt/London session has worked very good so far. I think backtesting is needed in this case.
Minotawr if we trade on the 4hour timefrime then it doesn´t mather what session is,right?
Quoting Minotawr
{quote} Hi Slybei, thanks and welcome. Well i haven`t tested it on the USA Session. For me the Frankfurt/London session has worked very good so far. I think backtesting is needed in this case.
Thanks for your answer, by the way I realised you never mentioned the correlation about the pairs. It does not matter in your strategy? Regards.
USD/JPY on strong WL tomorrow
Quoting ingo3344
i wouldn't have thought the gu would work again
I think every pairs should work again if it has clear trend and retracement.
Quoting Minotawr
USD/JPY on strong WL tomorrow
Hi Minotawr, you take as a watchlist by a clear trend in a bigger timeframe (H4) like below ??
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Quoting SwingMan
Hi @Minotawr, I'm currently working on a new project and one of the patterns is your Magic100. Here I post an idea which I analyze to filter multiple signals: - A fast and a slow moving average. Signal is towards the slope for the fast MA, and candle crossing the slow MA - Distance from Factor*ATR between the entry levels {image} {file} {image}
Hi Swingman
Thanks for the indicator

Is it possible to change to EMA instead of SMA?

I find it useful as i prefer to enter trades manually .


Thanks in advance

Del
Quoting Del62a
{quote} Hi Swingman Thanks for the indicator Is it possible to change to EMA instead of SMA? I find it useful as i prefer to enter trades manually . Thanks in advance Del
Sure it is possible and I will send you the indicator privately, because of the 200 downloaders you are the only one who uses the indicator, even if I don't know how ...

Now just as a question: has anyone ever noticed that the fast MA looks strange, and is not a "standard" MA when it comes to colors?

Please don't post here anymore, one can use any of my threads.
smBodySwitch 3.5.0 Profit This Week: na
I just signed up to say Thank you Minotawr for your contribution.
here's my first trade so far
hope it matches your criteria
Thanks again
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Hi Minotawr,

what do you think about this candle?

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Now the entry over this candle (sl below), or is the candle tooo big and you wait for smaller candle??
Quoting Ah-Ong
{quote} Hi Minotawr, you take as a watchlist by a clear trend in a bigger timeframe (H4) like below ?? {image}
Exactly my friend, on the H1 TF we have seen also clear trend and nice retracements
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