Power of Two System | Page 29 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD

Similar Threads

Two charts, Two scales, One window 2 replies

The Power Of Now 4 Forex 14 replies

Help ! How To Combine Two Dde From Two Different Brokers? 4 replies

Keeping Some Fire Power In Reserve 0 replies

Attachments: Power of Two System
Exit Attachments

Power of Two System

  • #561
  • Jul 21, 2023 7:16am Jul 21, 2023 7:16am
Quoting Tibetian
i believe the ENTIRE week, in fact, since Thursday last week, Evolution markets paid group has been having all losers
That is sad to know, TPOT stopped working? I ended this week negative, consecutive losses this whole week.

During my brief back testing, the stats as about 5 consecutive losses, and 5 consecutive win; so hopefully next week it can do better and end the current losing streak.
  • #562
  • Jul 21, 2023 11:21am Jul 21, 2023 11:21am
Quoting nitethinker
{quote} That is sad to know, TPOT stopped working? I ended this week negative, consecutive losses this whole week. During my brief back testing, the stats as about 5 consecutive losses, and 5 consecutive win; so hopefully next week it can do better and end the current losing streak.
no worry, consecutive losses is part of the game. When win rate is around 40% to 60%, you can get 5 consecutive, or even 8 consecutive losses.

I have a method that target 3R with 44.8% win rate, maximum consecutive losses is 12! But if you stick to it, in 9 months time it gain 187% and if you use Asymmetrical compounding, over the same period the gain is +303%
  • #563
  • Jul 21, 2023 12:55pm Jul 21, 2023 12:55pm
Quoting Tibetian
{quote} no worry, consecutive losses is part of the game. When win rate is around 40% to 60%, you can get 5 consecutive, or even 8 consecutive losses. I have a method that target 3R with 44.8% win rate, maximum consecutive losses is 12! But if you stick to it, in 9 months time it gain 187% and if you use Asymmetrical compounding, over the same period the gain is +303%
wow. What method do you use, Tibetian?
  • #564
  • Jul 21, 2023 12:59pm Jul 21, 2023 12:59pm
Quoting nitethinker
{quote} That is sad to know, TPOT stopped working? I ended this week negative, consecutive losses this whole week. During my brief back testing, the stats as about 5 consecutive losses, and 5 consecutive win; so hopefully next week it can do better and end the current losing streak.
I'm using TPOT this week was -1% for me. I doing a challenge with this startegy and i think the bad week is part of game. Next weekits gonna be better
  • #565
  • Jul 21, 2023 1:12pm Jul 21, 2023 1:12pm
Quoting duLeite
{quote} wow. What method do you use, Tibetian?
man.. don't get excited, the stats looks good ONLY if you can endure 12 consecutive losses. Most people would give up after 3 losses and look for another strategy
  • #566
  • Jul 21, 2023 1:13pm Jul 21, 2023 1:13pm
Quoting duLeite
{quote} I'm using TPOT this week was -1% for me. I doing a challenge with this startegy and i think the bad week is part of game. Next weekits gonna be better
if you follow the paid mentorhips, they hadn't had a single winner this week.
since monday, everyday, I just saw -1, -2, -1, -1, I think they must be at least -5 in total for this week.
  • #567
  • Jul 22, 2023 8:39am Jul 22, 2023 8:39am
Quoting Tibetian
{quote} if you follow the paid mentorhips, they hadn't had a single winner this week. since monday, everyday, I just saw -1, -2, -1, -1, I think they must be at least -5 in total for this week.
it is odd. they could have a winner on USDCHF. yesterday. but generally, I don't know how they pass the challenges because having -5% is very likely in this strategy
  • #568
  • Jul 22, 2023 4:54pm Jul 22, 2023 4:54pm
Quoting xardas
{quote} it is odd. they could have a winner on USDCHF. yesterday. but generally, I don't know how they pass the challenges because having -5% is very likely in this strategy
USDCHF is still running

they had -1 on EURUSD on Friday
  • #569
  • Jul 24, 2023 9:05am Jul 24, 2023 9:05am
Quoting Tibetian
{quote} USDCHF is still running they had -1 on EURUSD on Friday
USDCHF open in loss but right away go to the target
  • #570
  • Jul 24, 2023 7:41pm Jul 24, 2023 7:41pm
If you take a challenge it is recommended to use 1 pair only and have max DD per day, let's say 1% max per day? you can split that 0.5% in LDKZ and NYKZ. That is if there is a trade in setup in both KZ.

I personally have 2 funded accounts with TPOT. I was able to get payout on 1, then the 2nd account, I just started trading yesterday for -1R.
  • #571
  • Jul 25, 2023 4:04am Jul 25, 2023 4:04am
Quoting duLeite
{quote} USDCHF open in loss but right away go to the target
When you trade on M15, consider deleting your SL before market close on Friday. Because that first candle on Monday, are fake pricing by the brokers to take stops.

But I think TPOT people don't carry trades over the weekend.
  • #572
  • Jul 25, 2023 2:50pm Jul 25, 2023 2:50pm
I think EU had a -1 on Monday, and then -1 on Tuesday. Adding that -1 on USDCHF on Monday and AGAIN today -1 on USDCHF during London KZ...... wow.. they have really hit a rough patch.
  • #573
  • Jul 27, 2023 12:52pm Jul 27, 2023 12:52pm
Quoting Patmontes
If you take a challenge it is recommended to use 1 pair only and have max DD per day, let's say 1% max per day? you can split that 0.5% in LDKZ and NYKZ. That is if there is a trade in setup in both KZ. I personally have 2 funded accounts with TPOT. I was able to get payout on 1, then the 2nd account, I just started trading yesterday for -1R.
Hi Patmontes

I take it that with the rules being so rule based/mechanical, then in the paid community pretty much everyone will take the same trades, same wins, same losses etc.

Have they updated any rules since the youtube and leaked content, or is it still pretty much the same?

£137 per month though
  • #574
  • Jul 28, 2023 3:06am Jul 28, 2023 3:06am
GBP SFT? Short Bias
Not sure if the small bearish IB candle would qualify that as FT or SFT. I assumed it was SFT since they were 2 bearish candles.
Attached Image (click to enlarge)
Click to Enlarge Name: Power2, 2023-07-28, 0101, GU, H4, LNKZ, SFT Short Bias.png Size: 186 KB


Short
Attached Image (click to enlarge)
Click to Enlarge Name: Power2, 2023-07-28, 0102, GU, M15, LNKZ, Pending Short.png Size: 159 KB
  • #575
  • Jul 28, 2023 6:51am Jul 28, 2023 6:51am
Quoting Paulscaff1
{quote} Hi Patmontes I take it that with the rules being so rule based/mechanical, then in the paid community pretty much everyone will take the same trades, same wins, same losses etc. Have they updated any rules since the youtube and leaked content, or is it still pretty much the same? £137 per month though
Hi Paul,
I still just follow the YouTube videos of Scott. I am not a paid member and haven't watched the leaked content yet.

I personally added my own filter using the bias from our Stacey Burke style bag of tricks. That Bias + the sweep entry and limited pairs selection gives a more relaxed way to trade.

I started the week -1R, now I am up 4.5R. I took partials today being a Friday. Not too bad for a funded account. Will lock this one in till payout and refund date comes.
  • #576
  • Jul 28, 2023 6:58am Jul 28, 2023 6:58am
Quoting nitethinker
GBP SFT? Short Bias Not sure if the small bearish IB candle would qualify that as FT or SFT. I assumed it was SFT since they were 2 bearish candles. {image} Short {image}
Same bias I have but my KZ starts as the original timing when TPOT was 1st released. 3AM Newyork Time.

Because of that, the entry I saw for GU was long. I did not take it but I took the EU one. Both setups were CTSFT
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230728_195526_TradingView.jpg Size: 485 KB
  • #577
  • Edited 6:36am Jul 31, 2023 3:32am | Edited 6:36am
Quoting nitethinker
GBP SFT? Short Bias Not sure if the small bearish IB candle would qualify that as FT or SFT. I assumed it was SFT since they were 2 bearish candles. {image} Short {image}
This trade last week hit SL. I couldn't update the post.

GU, SFT, Still Short Bias
Attached Image (click to enlarge)
Click to Enlarge Name: Power2, 2023-07-31, 0101, GU, H4, LNKZ, SFT Short Bias.png Size: 117 KB


Internal fractal sweep short
Attached Image (click to enlarge)
Click to Enlarge Name: Power2, 2023-07-31, 0102, GU, M15, LNKZ, Short.png Size: 187 KB


UPDATE: Unfortunately, SL again.
  • #578
  • Jul 31, 2023 7:22am Jul 31, 2023 7:22am
Quoting nitethinker
{quote} This trade last week hit SL. I couldn't update the post. GU, SFT, Still Short Bias {image} Internal fractal sweep short {image} UPDATE: Unfortunately, SL again.
Is this still considered a SFT when the low is breached and have printed a new fractal low?
  • #579
  • Aug 3, 2023 6:45pm Aug 3, 2023 6:45pm
3% gain this week. 100% gain on free time. The last part is priceless.
This thread should have more followers and posters.
  • #580
  • Aug 5, 2023 12:18pm Aug 5, 2023 12:18pm
Happy Saturday to all!
I went through all 29 pages, and I could not find the answer to my question. And question is: If NFT is when candle closes (for example) below $H fractal Low and next one closes bullish above that same fractal. STF is when candle closes bearish below that 4H fractal low and next candle closes bearish. But then what is FT???
Scott is talking about NFT, FT & SFT. So, can someone give me the def for FT?
0 traders viewing now