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Planetary Cycles Trading (EUR/USD)

  • #13,621
  • Oct 27, 2023 9:16am Oct 27, 2023 9:16am
Quoting jnevins
{quote} Hi OnlineAddict, Inspired by your from $1 to $1 million challenge, I took a small live account from $6 and change to $52 this month, with a $14 and change deposit along the way. I focussed on the Asian session and EURUSD only, 4 hr bars and a 5.4 pip (usually) TP. The outcome was 31 trades, 100% win rate and a 230% gain before adding in the deposit mid month. I look for the trend direction from the open to open of the previous 4 hr bar to the current one. The system is to take a small, regular TP with 100:1 leverage and shooting for 5% per...
Good results pal
  • #13,622
  • Oct 27, 2023 1:52pm Oct 27, 2023 1:52pm
Quoting jnevins
{quote} Hi OnlineAddict, Inspired by your from $1 to $1 million challenge, I took a small live account from $6 and change to $52 this month, with a $14 and change deposit along the way. I focussed on the Asian session and EURUSD only, 4 hr bars and a 5.4 pip (usually) TP. The outcome was 31 trades, 100% win rate and a 230% gain before adding in the deposit mid month. I look for the trend direction from the open to open of the previous 4 hr bar to the current one. The system is to take a small, regular TP with 100:1 leverage and shooting for 5% per...
Congrats on the result and I am honored that I was the inspiration for you to try it out.

As for the longetivity, the issue with drawdown can't be avoided trading at such high risk levels. In my experience, if someone is expecting 10% per month, he/she needs to expect 10% risk per month too, or 10% DD. And that is for the good traders, of course. So any profit above 100% per month, the risk is also 100%. My best result so far was $1 to $500 within a month, did $1 to $100+ a couple times...so all of those were 10k+%, which is not even skill anymore, but mostly luck, I guess.

The only way to survive this long term is to lower the risk as the account keeps growing.
Everyone can see the chart, but only a few can actually read it.
  • #13,623
  • Edited 6:32pm Oct 27, 2023 5:07pm | Edited 6:32pm
Thanks OA and T721.... Well ultimately, the risk for now is $20, if I can keep myself from adding more $ to the account. I will post next month's results on the last Friday of November... the good, bad and the ugly. My edge for now is, only trade the 4 hour bar... and wait for the market to wake up a bit around 9 pm EST or 04:00 server time. Here is a short video on what I am doing for anyone who might be interested. OA, your resuts were amazing... until it wasn't! We'll see. Gotta stay humble, not get too excited, keep to 1 trade per day, etc. If/when the account gets blown, at least I had $20 worth of fun.

Inserted Video
  • #13,624
  • Oct 27, 2023 6:35pm Oct 27, 2023 6:35pm
End of the week recap: 38 pips from post 13,613, October 20.
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  • #13,625
  • Oct 28, 2023 8:45am Oct 28, 2023 8:45am
Outlook for next week: Based on a Bartels cycle, highest peak.
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  • #13,626
  • Oct 30, 2023 11:38am Oct 30, 2023 11:38am
Quoting jnevins
{quote} Hi OnlineAddict, Inspired by your from $1 to $1 million challenge, I took a small live account from $6 and change to $52 this month, with a $14 and change deposit along the way. I focussed on the Asian session and EURUSD only, 4 hr bars and a 5.4 pip (usually) TP. The outcome was 31 trades, 100% win rate and a 230% gain before adding in the deposit mid month. I look for the trend direction from the open to open of the previous 4 hr bar to the current one. The system is to take a small, regular TP with 100:1 leverage and shooting for 5% per...

Hello Sir,

I like to participate in this discussion. But can you please explain the system better? When to buy and when to sell. Am I missing any past posts regarding this?

Thanks,
Eb
  • #13,627
  • Edited 9:44am Nov 4, 2023 9:15am | Edited 9:44am
Quoting EbrahimSaleh
{quote} Hello Sir, I like to participate in this discussion. But can you please explain the system better? When to buy and when to sell. Am I missing any past posts regarding this? Thanks, Eb
Here are the features:

1. Trade the 4 hr bar
2. The best time to trade is the Asian session, before things really get going... 00 - 04 server time.
3. Open trade at the beginning of the bar, or the open of the 00 or 04 bar.
4. Always set Take Profit at 5 pips plus spread and commission. In my case, 5.4 pips.
5. Allow the trade to work for the next 24 hours if necessary.
6. Most importantly, trade in the direction of the trend.
7. Most days a simple coin flip decision will work perfectly fine. In the period since the end of September, I found that a coin flip would not have worked only 2 times.... on 10/16 and yesterday, (see image below from yesterday), but in both cases a strong uptrend was easily visible.

Rinse and repeat every day. 5% per day compounded can grow very quickly. I use 100:1 leverage to achieve 5%/day
This can be considered a high risk strategy so do not put a large sum at risk. I started with $6 at the end of September and now the live account is $80
-Asian session is calmer, has follow through for trend in the early hours, small tp and no sl. Look for yourself and backtest this idea.
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  • #13,628
  • Nov 4, 2023 9:21am Nov 4, 2023 9:21am
End of the week recap: 144 pips based on post 13,625, October 28.
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  • #13,629
  • Nov 4, 2023 9:35am Nov 4, 2023 9:35am
Outlook for next week...
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  • #13,630
  • Nov 4, 2023 11:20am Nov 4, 2023 11:20am
Quoting jnevins
Outlook for next week... {image} {image}
Makes sense technically, too. Since we turned bullish, corrections until tuesday-wednesday are common after big friday moves.
Everyone can see the chart, but only a few can actually read it.
  • #13,631
  • Nov 7, 2023 2:08am Nov 7, 2023 2:08am
I used Intermarket module and QSpectrum for the forecast... I waited on monday till 14:30 (gmt+3) for confirmation of the direction of the market and went short afterwards. We will see the rest of the week.
Cheers,
Barbaros
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  • #13,632
  • Nov 7, 2023 5:11am Nov 7, 2023 5:11am
Quoting bhtosun
I used Intermarket module and QSpectrum for the forecast... I waited on monday till 14:30 (gmt+3) for confirmation of the direction of the market and went short afterwards. We will see the rest of the week. Cheers, Barbaros {image}
FORECAST FOLLOW UP...
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  • #13,633
  • Nov 8, 2023 12:00am Nov 8, 2023 12:00am
Quoting bhtosun
{quote} FORECAST FOLLOW UP... {image}
Wednesday morning follow up... No major update...
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  • #13,634
  • Nov 9, 2023 12:53am Nov 9, 2023 12:53am
Quoting bhtosun
{quote} Wednesday morning follow up... No major update... {image}
Thursday morning follow-up
Long position closed last night. We are short now...
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  • #13,635
  • Nov 9, 2023 6:27am Nov 9, 2023 6:27am
Hey , i’m new with the timing solution software , can i get some help please ?
  • #13,636
  • Nov 10, 2023 2:36am Nov 10, 2023 2:36am
Quoting bhtosun
{quote} Thursday morning follow-up Long position closed last night. We are short now... {image}
Friday follow up and update,
Trade is closed for the week...
Weekly PL is +139 pips
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  • #13,637
  • Nov 10, 2023 2:37am Nov 10, 2023 2:37am
Quoting Adamtrader20
Hey , i’m new with the timing solution software , can i get some help please ?
Sure, how can I help?
  • #13,638
  • Edited 4:28pm Nov 10, 2023 1:03pm | Edited 4:28pm
Nice work this week, Barbaros!

You said the red line is from the intermarket module. What instrument is that and what lag?

Are you using classical spectrum or Bartels spectrum for the blue line.

So great to have you posting here.

Jerry
  • #13,639
  • Nov 10, 2023 4:16pm Nov 10, 2023 4:16pm
Just need to know how this software works . How can talk with me in private ? Please
  • #13,640
  • Nov 10, 2023 4:27pm Nov 10, 2023 4:27pm
End of the week recap: 44 pips for the weeek based on post 13,269, November 4th.

Note: The sine wave projejection line only shows change of trend... that doesn't always mean up or down... it can also mean down to sideways or up to sideways...

Cycle projection lines do not show price or price targets.
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