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Simple trading but profitable

Quoting liunliun
{quote} j... so please open your brain,don't waiting for my fed by spoon.
Please if you new and want to change old mind and watching the chart as it is, liuliun has make this post here. And yes, he is right!
Market is more simple as you think.
I KEEP WIN IN THE MARKET .

JUST believe this and try to practice this.

the market change every time,
every method or system is rubbish which told you an very very “accurate” entry .
the only way to beat others is trading with the principle of market
Hello @LiunLiun and @MichaelSch,

I have read over this thread multiple times. This method is something I have diligently tested in demo as well as back tested. I have been using this strategy since May and I can't figure out the best way to cut my loses and stop trading a crossing of a specific line. Many lines work great using a solid support or resistance as the balance line but there are a handful that price keeps on finding it's way back to without a solid move. This handful greatly diminishes the profit made and sometimes brings the account to a loss.

I have tried many different pip intervals for "line thickness" and having a line as thick as 20, 30, or even 50 pips is still not enough to completely avoid many crosses of that level.

I was hoping you two could shine light on your money management and when you decide to stop trading a line cross because of too many stop outs.

I have thought of hedging as well as martingale, but both increase the risk per trade with no certain guarantee the pips made will cover all loses.

I have witnessed a very good level as my line be crossed with a 20 pip stop loss 30 times before making a large move, and even this move was not nearly big enough to cover the amount of losses.

I am very much looking forward to gaining insights into your money management and strategies for this specific type of trading. I have stayed silent on this thread trying to come up with the answer on my own, but I am still struggling to do so after months of trying this.
Nice
Quoting dabeach
Hello @LiunLiun and @MichaelSch, I have read over this thread multiple times. This method is something I have diligently tested in demo as well as back tested. I have been using this strategy since May and I can't figure out the best way to cut my loses and stop trading a crossing of a specific line. Many lines work great using a solid support or resistance as the balance line but there are a handful that price keeps on finding it's way back to without a solid move. This handful greatly diminishes the profit made and sometimes brings the account...
Hope you are well and have get some good insight here. For me, this are the best 10 pages and 1 page from another thread in whole forexfactory.
Market is more simple as you think.
Quoting MichaelSch
{quote} Hope you are well and have get some good insight here. For me, this are the best 10 pages and 1 page from another thread in whole forexfactory.
Which other thread you're referring to?
Double the account
Quoting dabeach
Hello @LiunLiun and @MichaelSch, and having a line as thick as 20, 30, or even 50 pips is still not enough to completely avoid many crosses of that level. I was hoping you two could shine light on your money management and when you decide to stop trading a line cross because of too many stop outs. I have thought of hedging as well as martingale, but both increase the risk per trade with no certain guarantee the pips made will cover all loses.his.
have you tried using fibonacci sequence with a R:R 1:30/1:50 or higher ? its the only way to help you with multiple crosses as it is impossible to trade this way with fixed size but then the profits will be small. this will not work either but you can try you can easily trade 100 lines with 5-20 crosses till the range with 100+ crosses will eventually come. would be nice if someone could make an EA as it is close to impossible to trade this by hand if high volatility is near the line.
The best i ever found here in the whole forex world. Without this member and this thread i would never build my pattern.
So hope you are well and many many thanks.
Market is more simple as you think.
Gold: November 21 review

According to latest Washington reports that "phase one" trade deal between world's two leading economies, US-china may not be completed this year and they will wait for more time to complete this deal.

Last Tuesday US president Trump told that if we don't make a deal with china, I will raise the tariff higher. After break out of this news, Hedge funds like Gold and Silver were rising and made a new high of $1479.00 range yesterday. Chinese Vice Premiere, Liu He said that he was very cautiously optimistic for phase one deal but some of the US demands were very confusing.

After making a -200 points down yesterday, Dow 30 futures, December contract is trading -60 points, down -0.19% at early Asian sessions.

Traders should always keep an eye at this type of situations and Gold prices should be in bullish trend as a safe haven demands.

By 07.30 AM IST, Gold futures, December contract traded around $1475.50 range, down -0.08%.

Expectation of US president Donald Trump and Chinese president Xi Jinping will meet early December also given some positive relief for Gold and Silver.

According to fed rate monitor tool, Uncertainty of next Fed rate cut decision, December chances will give little prospects. It will also give negative chances for safe heaven demands.

Expecting profit booking, we will wait for any positive news of the trade deal from US sides.

For intraday and STBT strategy for Gold is given below.

Entry point - $1475.50-$1478.00

And keep R1 $1486.50

And wait S1 $1462.00
And wait S2 $1458.00
And wait S3 $1450.00
Tested trading in this week.
Swap zone 10 pips. GU after London open.
Daily target 10 pips (1% of account)

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18.02.2020 Swap cost 30 pips, TP 40 pips, gain 10 pips

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19.02.2020 Swap cost 40 pips, TP 50 pips, gain 10 pips

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20.02.2020 - 21.02.2020 Swap cost 30 pips, TP 50 pips, gain 20 pips

Weekly result +40 pips, 3.9% gain

SP
Quoting SuperPip
Tested trading in this week. Swap zone 10 pips. GU after London open. Daily target 10 pips (1% of account) {image} 18.02.2020 Swap cost 30 pips, TP 40 pips, gain 10 pips {image} 19.02.2020 Swap cost 40 pips, TP 50 pips, gain 10 pips {image} 20.02.2020 - 21.02.2020 Swap cost 30 pips, TP 50 pips, gain 20 pips Weekly result +40 pips, 3.9% gain SP
Nice example and hope you are keep that way. This thread is totally under the radar. Mad that this turned that fast in a fight. The starter was so right and shared the truth of the trading at all.
Market is more simple as you think.
Trades from this week. GU, daily goal 1%.
This way trading is like a hunt. Somehow it is close to Martingale, the lot size is not doubled,
but you need to increase the TP.

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24.11.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips

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25.11.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips

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26.11.2020 Swap cost 10 pips, TP 20 pips, gain 10 pips

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27.11.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips

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28.11.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips

Weekly result +50TP, 5% gain

SP
Quoting SuperPip
Trades from this week. GU, daily goal 1%. This way trading is like a hunt. Somehow it is close to Martingale, the lot size is not doubled, but you need to increase the TP. {image} 24.11.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips {image} 25.11.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips {image} 26.11.2020 Swap cost 10 pips, TP 20 pips, gain 10 pips {image} 27.11.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips {image} 28.11.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips Weekly result +50TP, 5% gain SP
Nice result and show that it work since the first post. After all the years here on ff, nothing comes close to this few pages. You bring this thread back and I hope other have a second chance to see this here.
Market is more simple as you think.
Results from this week:
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02.03.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips
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03.03.2020 Swap cost 180 pips, TP 220 pips, gain 40 pips.

Weekly result +50TP, 5% gain, 18%DD

Last trade shows how the things can go bad when entry is not AAA.

SP
Trading from last week. GU, daily target 1%, 10 pips.
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09.03.2020 Swap cost 50 pips, TP 60 pips, gain 10 pips.
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10.03.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips
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11.03.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips
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12.03.2020 Swap cost 0 pips, TP 10 pips, gain 10 pips

13.03.2020 no trades
Weekly result 40 pips, 4% gain.

SP
Nice result. Bring me a smile. Looking in the system corner and compare it with this. This is the best pages on whole forex factory.
Market is more simple as you think.
That system is really good and at the future i going to publish also amazing results i achieved using that way in trading ... but as anything else not all methods working with everyone so not everyone can find treasure here as we found .... Cheers
Quoting liunliun
this is the principle of this method. theoretically speaking you will never loss more than the spread or commission. but the last time that you take your trade in the line that will give you a large number of pips. {image}
I trade a strategy very similar to yours. Would love to discuss more.

Is there any way I can contact you via email or any other modes of communication?
  • Post #199
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  • Last Post: Mar 13, 2021 10:23pm Mar 13, 2021 10:23pm
long time no login,and there are may messages to me from who get success in the market, congratulate them,and never give up!
i still work fine like a knife to cut pips form market!
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