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who knows profitable daily system

  • #1
  • First Post: Sep 23, 2006 12:52pm Sep 23, 2006 12:52pm
- Im interesting about daily system- for person with daily job - who cant sit whole day before charts? if exist? or good indicators which was made for for daily charts
thx bj
BJ
  • #2
  • Sep 23, 2006 1:25pm Sep 23, 2006 1:25pm
Greetings, I see you over at Fozzy's thread, that might be a nice place to begin your journey. Also, remember James16's thread/info on price action. It is priceless!

Cheers,
Thom
  • #3
  • Sep 23, 2006 1:35pm Sep 23, 2006 1:35pm
Another one you can look into is Mouteki's Method. Do your Chart on Monday morning (Sunday evening for me EST). See if there is a set up. Keep looking every night and or morning. You will see some and can take advantage of them. I is like Fozzy' where you have to wait until the new bar opens. I am also testing an EA.

I work 7am -3 or 4pm, and have 3 kids under 6. I have a full day. Mouteki and Fozzy are working for me.

Labrat407
Quoting brainjt
- Im interesting about daily system- for person with daily job - who cant sit whole day before charts? if exist? or good indicators which was made for for daily charts
thx bj
  • #4
  • Sep 23, 2006 10:52pm Sep 23, 2006 10:52pm
I suggest start by reading these 3 posts. You can follow these systems on 4 hour and Daily charts. If your asking these questions your need to do allot of reading before you figure out how you can fit a trading schedule into your life. You are on the right track. I sugest the PF.

Knife taught by Diallst
http://www.forexfactory.com/forexfo...read.php?t=3422
Price Action taught by James16 http://www.forexfactory.com/forexfo...read.php?t=2331
and
Mouteki Trading taught by Mouteki
http://www.forexfactory.com/forexfo...read.php?t=7883
  • #5
  • Sep 24, 2006 6:52am Sep 24, 2006 6:52am
you could also check out my thread Elliot Wave Trading. I also have good results
  • #6
  • Sep 24, 2006 9:04am Sep 24, 2006 9:04am
simple trend and price action, does it look like a certain pair is going to be going up or down for the next long while? Then just find a good entry (perhaps where it touches longterm support or resistance) and enter there...
  • #7
  • Sep 24, 2006 10:01am Sep 24, 2006 10:01am
I know Fozzy and MOuteki threads, James16 , very nice charts,
has anybody other system
thx
BJ
  • #8
  • Sep 24, 2006 2:59pm Sep 24, 2006 2:59pm
I trade right before I go to sleep, it takes an hour or two out of my day, and has worked well for me. Since I go to bed around 1 AM PST, the euro markets are just opening, so it gives me a good idea of what the market will look like for the euro session. I usually shoot for at least 50 pips per trade limit order, with a 25 pip stop/loss, with consideration to resistance and support levels. I only shoot for a min of 100 pip's per month profit, so I only need to be right 40% of the time. Fortunently, the system I use works much better.

The biggest drawbacks to this is losing out on some profits and the possibility of your internet connection being dropped and your stop being missed. I have only had trubble with this when I was testing out VT Trader's automatic trading system, which I never suggest using, as my connection being dropped almost wipped out my demo account.

Good Luck and Happy Trading
I be pip'n!
  • #9
  • Jan 18, 2007 3:06pm Jan 18, 2007 3:06pm
Our Heiken-Ashi system only trades daily, and takes about 5 minutes a day: http://www.forexfactory.com/showthread.php?t=12798.
  • #10
  • Jan 18, 2007 6:20pm Jan 18, 2007 6:20pm
Hi you might want to click this links I got it from the blog of the man who invented it. If you read his blog he posted up real trade calls from the system that resulted in 1500 pips gain in the past two and one half weeks.


http://rapidshare.com/files/12281165...ed_Systems.pdf
  • #11
  • Jan 18, 2007 6:23pm Jan 18, 2007 6:23pm
Forget pre-set systems and learn about trend trading and all the elements it entails (support/resistance levels, fibonacci, etc).
  • #12
  • Jan 18, 2007 6:23pm Jan 18, 2007 6:23pm
this involves never exiting a losing position right? but keeping it until you can break even or profit?

Quoting Seanb007
This is my fisrt time here at this forum and so far I don't see anyone on here that is using a system called Freedom Rocks. Now don't get me wrong, I'm no cheerleader, I use this system, traded it on a demo for 3 months and have been live for a month now. I have made a 33% return this month which is not out of line with how my demos have been going, usually I have been recieving 23-30% pmth. These returns are being compounded monthly and I don't need to read charts or sit at my computer all day. I check my account in the morning to see if any of my limits have gone off, if they have it takes me 5 mins to reset them (given to me by the software) or if they haven't gone off I just come back the next day. This is simple, profitable and not time consuming.
If you would like to find out about the software you can go to www.freedomrocks.com/23201
Or send me an e-mail on [email protected]
Or write back to me here. Please don't tell me these results are not possible as I can show you my account history and would be more than happy to.
Sean
  • #13
  • Jan 19, 2007 4:56pm Jan 19, 2007 4:56pm
Quoting Iconoclast
Hi you might want to click this links I got it from the blog of the man who invented it. If you read his blog he posted up real trade calls from the system that resulted in 1500 pips gain in the past two and one half weeks.


http://rapidshare.com/files/12281165...ed_Systems.pdf

It seems this file is corrupted, is it possible for you to attach here?

Thanks....
  • #14
  • Jan 19, 2007 7:27pm Jan 19, 2007 7:27pm
Quoting Iconoclast
Hi you might want to click this links I got it from the blog of the man who invented it. If you read his blog he posted up real trade calls from the system that resulted in 1500 pips gain in the past two and one half weeks.


http://rapidshare.com/files/12281165...ed_Systems.pdf
This link is bad, can you repost it?
  • #15
  • Jan 19, 2007 8:02pm Jan 19, 2007 8:02pm
Works fine for me.
You have to click on "select your download = free" box at the bottom of the page, then wait for a while until it downloads.

.
  • #16
  • Jan 19, 2007 10:13pm Jan 19, 2007 10:13pm
Quoting doblece
Works fine for me.
You have to click on "select your download = free" box at the bottom of the page, then wait for a while until it downloads.

.
Since the link is dead at various times, can you post the indicator since you now have it? Rapidshare is a pitiful system that only works when their system is not busy.

Thanks
  • #17
  • Jan 19, 2007 10:18pm Jan 19, 2007 10:18pm
Hey there brain,

If you want a simple, time efficient system, look into mine. There's a link below.

Good luck
Kevin
  • #18
  • Edited 3:36pm Jan 20, 2007 6:28am | Edited 3:36pm
Quoting doblece
Works fine for me.
You have to click on "select your download = free" box at the bottom of the page, then wait for a while until it downloads.

.
Thanks very much, it works..... So hard to read that code....
Attached File(s)
File Type: pdf VanessaFX_Advanced_Systems.pdf   651 KB | 3,512 downloads
  • #19
  • Jan 20, 2007 2:13pm Jan 20, 2007 2:13pm
I assume we need to add a MA to the Macd so we get a signal on the cross. Any ideas on what MA we should add?
  • #20
  • Jan 20, 2007 3:36pm Jan 20, 2007 3:36pm
Quoting nutmg12
I assume we need to add a MA to the Macd so we get a signal on the cross. Any ideas on what MA we should add?
See my post above....
Attached File(s)
File Type: mq4 MACD NO Histogram.mq4   3 KB | 564 downloads
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