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Magic 100

  • #1,381
  • Aug 19, 2020 4:10am Aug 19, 2020 4:10am
aud nzd?
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  • #1,382
  • Aug 19, 2020 4:12am Aug 19, 2020 4:12am
Quoting amir65
{quote} Thank you for your attention, but he said If there are candles that form lower after that candle, then move the pending buy and stop to that new candle {image}
Yes, you are right, so you'd cancel the previous pending order and place a new one there. same thing
  • #1,383
  • Aug 19, 2020 5:19am Aug 19, 2020 5:19am
500 pips till now with magic 100 for today.
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Money goes to the one who understands, not the one who rushes
  • #1,384
  • Aug 19, 2020 5:22am Aug 19, 2020 5:22am
nzdusd.15m
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  • #1,385
  • Aug 19, 2020 5:41am Aug 19, 2020 5:41am
uj, eu wating
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  • #1,386
  • Aug 19, 2020 5:45am Aug 19, 2020 5:45am
Quoting ingo3344
uj, eu wating {image}
me too!
  • #1,387
  • Aug 19, 2020 6:50am Aug 19, 2020 6:50am
Quoting amir65
nzdusd.15m {image}
Its not good entry here, see trend on H1 time frame and you can see strong trend without any pullback, so you should wait for pullback, you can get help from RSI too, see it, what do you see? RSI is above 80 !!!!! and we have big reversal.
Money goes to the one who understands, not the one who rushes
  • #1,388
  • Aug 19, 2020 7:05am Aug 19, 2020 7:05am
Close all of positions with 630 pips and %63 profit for today, Thanks for the best strategy. reversal is coming...
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Money goes to the one who understands, not the one who rushes
  • #1,389
  • Aug 19, 2020 8:41am Aug 19, 2020 8:41am
Quoting Aliens
{quote} Its not good entry here, see trend on H1 time frame and you can see strong trend without any pullback, so you should wait for pullback, you can get help from RSI too, see it, what do you see? RSI is above 80 !!!!! and we have big reversal.
Thanks for your guidance. But I do not use any indicators
  • #1,390
  • Aug 19, 2020 9:23am Aug 19, 2020 9:23am
You could create a group in telegram for us and thus help us

  • #1,391
  • Aug 19, 2020 11:00am Aug 19, 2020 11:00am
Quoting amir65
{quote} Thanks for your guidance. But I do not use any indicators
did you see fall down on NZDUSD? Dont worry about loss and Dont buy on GBPUSD , EURUSD, NZDUSD and dont sell on USDJPY , USDCHF today, we are on trick from market makers, i think we have big reversal from that pairs and they can move about 300-400 pips opposide side. try to recover you losses. Good Luck.
Money goes to the one who understands, not the one who rushes
  • #1,392
  • Aug 19, 2020 11:39am Aug 19, 2020 11:39am
I think the strategy is good, but for me who actually wants to stick with the trade, it doesn't always work and sometimes lasts the whole day or longer. how do you do it since you've always been involved in the trade
  • #1,393
  • Aug 19, 2020 1:05pm Aug 19, 2020 1:05pm
Quoting Aliens
{quote} did you see fall down on NZDUSD? Dont worry about loss and Dont buy on GBPUSD , EURUSD, NZDUSD and dont sell on USDJPY , USDCHF today, we are on trick from market makers, i think we have big reversal from that pairs and they can move about 300-400 pips opposide side. try to recover you losses. Good Luck.
one question! Do you check price in higher TF to detect the trend ? Should the price be above ema100 in TF1 and TF4?
  • #1,394
  • Aug 19, 2020 1:25pm Aug 19, 2020 1:25pm
Quoting amir65
{quote} one question! Do you check price in higher TF to detect the trend ? Should the price be above ema100 in TF1 and TF4?
Check higher time frame just waste your time and confuse your mind, you should know the nature of the market and all tricks, after that you will succeed.
I have a long story about how I could become a professional trader. I will define it at the right time and it will be interesting for you and you can trade like me.
at the end i have an initial tip for you:
When you are unemployed, go to one minute time frame and try to have 100 successful trades.
Money goes to the one who understands, not the one who rushes
  • #1,395
  • Aug 19, 2020 1:57pm Aug 19, 2020 1:57pm
Quoting Aliens
{quote} Check higher time frame just waste your time and confuse your mind, you should know the nature of the market and all tricks, after that you will succeed. I have a long story about how I could become a professional trader. I will define it at the right time and it will be interesting for you and you can trade like me. at the end i have an initial tip for you: When you are unemployed, go to one minute time frame and try to have 100 successful trades.
Thank. I will be happy if you tell me about your trading experiences. Especially about magic100
  • #1,396
  • Aug 19, 2020 2:11pm Aug 19, 2020 2:11pm
thank you, I Aliens would also be happy about help
  • #1,397
  • Aug 19, 2020 2:20pm Aug 19, 2020 2:20pm
Quoting Aliens
{quote} Check higher time frame just waste your time and confuse your mind, you should know the nature of the market and all tricks, after that you will succeed. I have a long story about how I could become a professional trader. I will define it at the right time and it will be interesting for you and you can trade like me. at the end i have an initial tip for you: When you are unemployed, go to one minute time frame and try to have 100 successful trades.
Thanks for the tip.. you mean to say to try Magic 100 on 1 min for 100 successful trades?
  • #1,398
  • Aug 19, 2020 2:47pm Aug 19, 2020 2:47pm
Quoting Vivi-l
{quote} Thanks for the tip.. you mean to say to try Magic 100 on 1 min for 100 successful trades?
Yes my friend, You must win at least 80 trades, dont check M5 time frame for your trades, just focus on one time and see market and its moves. When you want to test a strategy just test it on one and five minute time frame, you can find nature of the market in lower time frames cuz they happen a lot, most of big boys trades in low time frames, most of time i also trade in 1 minute time frame and got big profits, Believe me and try to work hard.
Money goes to the one who understands, not the one who rushes
  • #1,399
  • Aug 19, 2020 5:25pm Aug 19, 2020 5:25pm
I found this thread very interesting, but the question is " what pair is or are the best to trade today?
If I follow the rules of this strategy, I look that I may lose many occasions to rise a trend.

Personally I look to the end of whatever H4 candle of all 28 pairs and look for a significant inversion.
This means that it is a must to know how to recognize inversions patterns.
This allows selecting the best pair to trade since the beginning of a new trend and not when the trend is already running and candles are far away from Ema 100.
When candles are far away from Ema 100 they can start a long retracement losing time to follow the principal trend of Ema 100.

Then I switch to minor time frames as M15 and look at Ema 100 conditions of this strategy. Of course, everybody can choose their own TF of preference.

I look also to Currency Strength - Giraia. When the stronger currency is up to value 8 and the weaker currency is near to value 1 we can be sure that the trend keeps his force for almost one hour and more. In one and more hours we can do many pips. It is a little additional help but not necessary.

Allow me to give an example of today and I beg your pardon if I have gone away a little from your thread.
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  • #1,400
  • Aug 19, 2020 11:59pm Aug 19, 2020 11:59pm
Quoting flashpaul
I found this thread very interesting, but the question is " what pair is or are the best to trade today? If I follow the rules of this strategy, I look that I may lose many occasions to rise a trend. Personally I look to the end of whatever H4 candle of all 28 pairs and look for a significant inversion. This means that it is a must to know how to recognize inversions patterns. This allows selecting the best pair to trade since the beginning of a new trend and not when the trend is already running and candles are far away from Ema 100. When candles...
What are your blue and cyan EMA?
Forgive for my English!
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