Attachments: The Spartan Trader FX System

The Spartan Trader FX System

#341
May 18, 2024 1:29am May 18, 2024 1:29am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

For those who want to deepen their understanding of this tried-and-tested system.

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I used to be indecisive but now I'm not so sure...

#342
May 18, 2024 2:07am May 18, 2024 2:07am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

[quote=perfectionis;14870741]Sure, I understand. What are some basic principles of the Spartantraderfx system? How does risk management play a role in your trading strategy?[/quote

Risk management is quite simple for me: entry point and stop-loss based on M5 analysis in direction of D1/H4 trend, 2% risk per trade which can still be decently sized due to relatively tight s/l, then manual trailing of s/l (more reasonably beyond breakeven), finally exit when things turn sour on H4 or even H1.

I used to be indecisive but now I'm not so sure...

#343
May 18, 2024 2:10am May 18, 2024 2:10am

ninner
Joined Jul 2013 | Status: Trader | 2,917 Posts

[quote=Filipo1;14871830]

Quoting perfectionis

Disliked

Sure, I understand. What are some basic principles of the Spartantraderfx system? How does risk management play a role in your trading strategy?[/quote Risk management is quite simple for me: entry point and stop-loss based on M5 analysis in direction of D1/H4 trend, 2% risk per trade which can still be decently sized due to relatively tight s/l, then manual trailing of s/l (more reasonably beyond breakeven), finally exit when things turn sour on H4 or even H1.

Ignored

I usually enter either on 1 hour or 15 min tf depending on how my tight my sl is in the direction of the higher tf. I risk anywhere from 0.2 percent up to about 4 percent depending on the trade.

#344
Edited 9:37am May 20, 2024 9:14am | Edited 9:37am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

Gold again.
Nice 1-2-3 on EMA36 on H1 and again rebound from
EMA633 on M5.

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I used to be indecisive but now I'm not so sure...

#345
May 22, 2024 3:55am May 22, 2024 3:55am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

Gold: getting ready for the potential next push up?

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I used to be indecisive but now I'm not so sure...

#346
May 25, 2024 2:00am May 25, 2024 2:00am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

CADCHF possibile triangle breakup next week.
We had a nice bullish engulfing candlestick yesterday.

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I used to be indecisive but now I'm not so sure...

#347
May 25, 2024 3:00am May 25, 2024 3:00am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

EURCHF Set up for bullish continuation after re-test of daily 633EMA and rebound on bullish engulfing candlestick yesterday.
172 pips to run till weekly 200EMA.

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I used to be indecisive but now I'm not so sure...

#348
May 25, 2024 3:25am May 25, 2024 3:25am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

NZDJPY Higher highs-higher lows, looks like the sky is the limit...

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I used to be indecisive but now I'm not so sure...

#349
May 25, 2024 3:32am May 25, 2024 3:32am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

USDPLN right on the edge of the precipice...

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I used to be indecisive but now I'm not so sure...

#350
May 26, 2024 1:55am May 26, 2024 1:55am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

USDTRY on the watch list.

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I used to be indecisive but now I'm not so sure...

#351
May 26, 2024 7:13am May 26, 2024 7:13am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

COFFEE Buy set-up once prices will have crossed over last swing high.
Bullish continuation confimed on the weekly after rebound from trend line.

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I used to be indecisive but now I'm not so sure...

#352
May 26, 2024 7:37am May 26, 2024 7:37am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

SUGAR bearish continuation likely after prices will have crossed below last swing low.
Prices clearly crossed below 200EMA on the weekly.

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I used to be indecisive but now I'm not so sure...

#353
Edited 1:52am May 27, 2024 1:42am | Edited 1:52am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

FRA40 Entering long.

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I used to be indecisive but now I'm not so sure...

#354
Jun 3, 2024 8:26pm Jun 3, 2024 8:26pm

ninner
Joined Jul 2013 | Status: Trader | 2,917 Posts

Quoting Filipo1

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FRA40 Entering long. {image} {image} {image} {image} {image}

Ignored

good posting Filipo. Im staying mostly on the sidelines for now waiting for a+ serups

#355
Jun 5, 2024 8:08am Jun 5, 2024 8:08am

Filipo1
Joined Nov 2013 | Status: Trader | 1,192 Posts

Quoting ninner

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{quote} good posting Filipo. Im staying mostly on the sidelines for now waiting for a+ serups

Ignored

Thanks ninner and wise decision in the current choppy markets.
All the best.

I used to be indecisive but now I'm not so sure...

#356
Sep 10, 2024 1:38pm Sep 10, 2024 1:38pm

ninner
Joined Jul 2013 | Status: Trader | 2,917 Posts

Quoting GregT

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{quote} Good to see someone else here looking to discuss how they trade the spartan approach. I agree that AJ H4 bias is downwards, so I would only be looking for a short trade setup, which is not currently in place. Good outcome for you to get the profit. Why do you use a M24 timeframe chart? I have found that using MT4 to try and enter 3 orders when I want to trade a spartan setup, takes a little time, so I apply the following approach to achieve the same outcome: 1) decide how many total positions I want to enter for each trade (I use the position...

Ignored

very good points Greg T.