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  • #1,581
  • Apr 15, 2024 3:26pm Apr 15, 2024 3:26pm
Quoting emmanuel7788
{quote} AUDCAD Apr15 4-hour - now is the time to look for LTF sell with small stop loss {image} ...
Can you share these indicators and template please?

Regards, AG
  • #1,582
  • Apr 16, 2024 12:31am Apr 16, 2024 12:31am
Quoting andddres1
{quote} Can you share these indicators and template please? Regards, AG

go to this post linked:
https://www.forexfactory.com/thread/...1#post14830521

Download the zip file and after you unzip that file,
load the indicator FFx_MovingAverages

and use this template attached.
Attached File(s)
File Type: tpl aaaaa FerruFX LineMA.tpl   96 KB | 485 downloads



you will see the chart like this below.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD FerruFX MA chart16-4-2024 1-31-18 pm.png Size: 21 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,583
  • Apr 16, 2024 1:15am Apr 16, 2024 1:15am
Quoting emmanuel7788
{quote} AUDCAD Apr15 4-hour - now is the time to look for LTF sell with small stop loss {image} ...
AUDCAD Apr15 review

yesterday' LTF M15 setup with small stop loss was a timing with M30 and H1 during tht 4 hours trade window, following the Weekly and Daily price action bias,


Attached Image (click to enlarge)
Click to Enlarge Name: AC Apr15 setup M30 H1 16-4-2024 2-10-41 pm.png Size: 25 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,584
  • Apr 16, 2024 3:02am Apr 16, 2024 3:02am
AUDCAD Apr16 London 9am

- good to go ... ?


- mitigate the risks

Attached Image (click to enlarge)
Click to Enlarge Name: AC Apr16 M15 good to go 16-4-2024 4-00-03 pm.png Size: 23 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,585
  • Apr 16, 2024 5:34am Apr 16, 2024 5:34am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
  • #1,586
  • Apr 16, 2024 8:08am Apr 16, 2024 8:08am
Quoting emmanuel7788
{quote} go to this post linked: https://www.forexfactory.com/thread/...1#post14830521 Download the zip file and after you unzip that file, load the indicator FFx_MovingAverages and use this template attached. {file} you will see the chart like this below. {image} ...
It worked out, thank you
  • #1,587
  • Apr 18, 2024 8:11pm Apr 18, 2024 8:11pm
Hi Traders,
This is my last post here.
I had hoped that there had been more of you that had traded this system and posted your results however it is evident that this system is not for you.
Maybe one day some of you will return to see the value in thinking outside the box and see the continual availability of the higher R winning trades.
Best wishes to all of you.

I'll leave you with this mornings trade to ponder on.
Attached Image (click to enlarge)
Click to Enlarge Name: Last Post.png Size: 15 KB
Your trade order needs to be in the right place at the right time.
  • #1,588
  • Apr 18, 2024 9:34pm Apr 18, 2024 9:34pm
Quoting Islandfx911
Hi Traders, This is my last post here. I had hoped that there had been more of you that had traded this system and posted your results however it is evident that this system is not for you. Maybe one day some of you will return to see the value in thinking outside the box and see the continual availability of the higher R winning trades. Best wishes to all of you. I'll leave you with this mornings trade to ponder on. {image}
Just wanted to thank you again for your efforts here. After some initial success back in jan/feb I had a losing streak using this system and lost my confidence so went away to do a bit of self reflection and also looked into malaysian snr (which someone mentioned was similar) to see if the logic behind it could highlight where I was going wrong. First month trading in the green and I'm now looking at incorporating your system to refine my entries and stretch out the rr.
  • #1,589
  • Apr 19, 2024 7:19am Apr 19, 2024 7:19am
Quoting Islandfx911
Hi Traders, This is my last post here. I had hoped that there had been more of you that had traded this system and posted your results however it is evident that this system is not for you. Maybe one day some of you will return to see the value in thinking outside the box and see the continual availability of the higher R winning trades. Best wishes to all of you. I'll leave you with this mornings trade to ponder on. {image}
It take lots of screen time ... practice, practice, practice ...

Deep Practice to Deliberate Practice

Some will make it while many will not ... it is the MYELIN thing in their heads.


Inserted Video



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,590
  • Apr 19, 2024 7:23am Apr 19, 2024 7:23am
Quoting Islandfx911
Hi Traders, This is my last post here. I had hoped that there had been more of you that had traded this system and posted your results however it is evident that this system is not for you. Maybe one day some of you will return to see the value in thinking outside the box and see the continual availability of the higher R winning trades. Best wishes to all of you. I'll leave you with this mornings trade to ponder on. {image}

great trade as it was an event triggered move

waiting for indicators to give a signal is late ...

those using dynamic support and resistance ... 10EMA, 50EMA, 200 EMAs would have got that trade alerts, ... two candles later,


Attached Image (click to enlarge)
Click to Enlarge Name: AU Apr19 M15 post#647 TDA 5R trade 19-4-2024 9-36-17 am.png Size: 32 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,591
  • Apr 20, 2024 3:06am Apr 20, 2024 3:06am
Quoting Islandfx911
Hi Traders, This is my last post here. I had hoped that there had been more of you that had traded this system and posted your results however it is evident that this system is not for you. Maybe one day some of you will return to see the value in thinking outside the box and see the continual availability of the higher R winning trades. Best wishes to all of you. I'll leave you with this mornings trade to ponder on. {image}
I am deeply experimenting and testing I have a question Do you only trade when the markets open?
  • #1,592
  • Apr 20, 2024 6:24am Apr 20, 2024 6:24am
From my experience if 1-2-3 pattern is not good and significant the trade is likely to get poor RR or stopped out occurs. Especially AUD pairs are very respect 1-2-3 during asian session. JPY pairs are not much move at Asian session.
No one cares about your efforts, only the results
  • #1,593
  • Apr 20, 2024 7:54pm Apr 20, 2024 7:54pm
Quoting PatrickAung
From my experience if 1-2-3 pattern is not good and significant the trade is likely to get poor RR or stopped out occurs. Especially AUD pairs are very respect 1-2-3 during asian session. JPY pairs are not much move at Asian session.

That depends on how the trader sees the 1-2-3 price action. Different traders have different level of experience hence different set of rules. You need to have and follow some basic rules how to determine the 1-2-3 on your chart and you need to apply rules with consistency and get the result.

AUDUSD volatility has changed over the last 20 years. The good years of strong AUD is over and you will not see AUD hit parity again in the next 20 years.

Attached Image (click to enlarge)
Click to Enlarge Name: AUD Parirty.png Size: 18 KB


Since Jan 2020, with Risk:Reward 1 to 5, the growth is quite flat compare to Jan 2016 to Dec 2019.
This means we need to consider the Daily and Weekly trading range and the volatility when we trade with Stop Loss and Position Sizing, and at the same time study the Win Rate using different Risk Reward Ratios.

Attached Image (click to enlarge)
Click to Enlarge Name: AU DailyEA RR 1-5 2016 to Apr 202420-4-2024 9-04-40 pm.png Size: 11 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,594
  • Apr 20, 2024 8:29pm Apr 20, 2024 8:29pm
Quoting majidmas
{quote} I am deeply experimenting and testing I have a question Do you only trade when the markets open?
According to the system described by Islandfx you should only trade the first 90 mins of a session, however he and others have alluded to bending this rule after gaining some experience.
  • #1,595
  • Apr 21, 2024 1:16am Apr 21, 2024 1:16am
Quoting majidmas
{quote} I am deeply experimenting and testing I have a question Do you only trade when the markets open?

study his posts and charts,

example Post#4

what were that trade setup conditions and which market session was that trade taken ...

Attached Image (click to enlarge)
Click to Enlarge Name: IslandFX911 post#4 chart.png Size: 43 KB


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,596
  • Apr 22, 2024 2:02am Apr 22, 2024 2:02am
London open .wow
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_20240422-103050_Chrome.jpg Size: 418 KB
Click to Enlarge Name: Screenshot_20240422-103109_Chrome.jpg Size: 430 KB
  • #1,597
  • Apr 22, 2024 4:26am Apr 22, 2024 4:26am
AUD/CAD right now
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2024_0422_155509.jpg Size: 85 KB
No one cares about your efforts, only the results
  • #1,598
  • Edited 7:59pm Apr 22, 2024 7:46pm | Edited 7:59pm
Quoting PatrickAung
AUD/CAD right now {image}
AC Apr23 H4 SnR

Attached Image (click to enlarge)
Click to Enlarge Name: AC Apr23 H4 SnR 23-4-2024 8-43-23 am.png Size: 20 KB




...


Edited

-with Daily SnR 8860 and Weekly WRB candle range

Attached Image (click to enlarge)
Click to Enlarge Name: AC Apr23 Daily SnR 8860 23-4-2024 8-55-23 am.png Size: 24 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,599
  • Apr 22, 2024 11:44pm Apr 22, 2024 11:44pm
Quoting emmanuel7788
{quote} AC Apr23 H4 SnR {image}

Attached Image (click to enlarge)
Click to Enlarge Name: AC Apr23 Daily SnR 8860 23-4-2024 8-55-23 am.png Size: 24 KB



... Edited -with Daily SnR 8860 and Weekly WRB candle range {image}

AC Apr23 Tokyo 1pm

- H4 momentum break high,

- LTF pullback and 1-2-3

- small stop loss 7 pips


- risks ... Frankfurt Open and London Open



Attached Image (click to enlarge)
Click to Enlarge Name: AC Apr23 H4 break pullback 123 23-4-2024 12-32-04 pm.png Size: 23 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,600
  • Apr 24, 2024 2:16am Apr 24, 2024 2:16am
Quoting emmanuel7788
{quote} AC Apr23 Tokyo 1pm - H4 momentum break high, - LTF pullback and 1-2-3 - small stop loss 7 pips - risks ... Frankfurt Open and London Open {image} ... {image}

Apr23 review

- trading that M15 with 7pips stop loss was a loser

- a proper 123 trade would be the break of the swing high 2

- the subsequent pull back would have invalidated the 123 trade



Attached Image (click to enlarge)
Click to Enlarge Name: AC Apr23 H4 break pullback 123 review 23-4-2024 12-32-04 pm.png Size: 24 KB



H4 was a better trade with 23 pips SL -1R

- but you have to manage using R and R-Multiple exit strategy

Attached Image (click to enlarge)
Click to Enlarge Name: AC Apr24 reviw APr23 H4 breakout 24-4-2024 3-10-23 pm.png Size: 28 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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