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"The Pip Nailer". Any time frame, any pair

  • #1,121
  • Aug 21, 2008 6:27am Aug 21, 2008 6:27am
Quoting lrathi
I agree, broker feed is different. On IBFX the P/T =40 pips.

I agree you open at the next candle of signal candle as marked. The red line on my chart shows the signal candle not entry candle. However, the P/T is from signal candle which is 141 pips on FXDD feed. Close-low=141 +/- spread.

LR
That means the trades now is still on going.... SO let's see how it goes....

Here's the only trade i've taken this week. I have set the TP (i set wrong actually, should set tp of 33pips instead of 20).
Attached Image (click to enlarge)
Click to Enlarge Name: trade 8.jpg Size: 116 KB
  • #1,122
  • Aug 21, 2008 3:22pm Aug 21, 2008 3:22pm
Quoting lrathi
I agree, broker feed is different. On IBFX the P/T =40 pips.

I agree you open at the next candle of signal candle as marked. The red line on my chart shows the signal candle not entry candle. However, the P/T is from signal candle which is 141 pips on FXDD feed. Close-low=141 +/- spread.

LR
Different broker feeds can be a cause for varying signals. Pip Nailer is one of those systems that suffers quite bad due to different feeds.
  • #1,123
  • Aug 21, 2008 3:42pm Aug 21, 2008 3:42pm
Quoting forexmoments
Different broker feeds can be a cause for varying signals. Pip Nailer is one of those systems that suffers quite bad due to different feeds.
Ya, ibfx and alpari didn't differ by much. But when comparing IBFX to FXDD, it differs alot... (This is some point I noticed earlier)
  • #1,124
  • Aug 21, 2008 8:22pm Aug 21, 2008 8:22pm
Quoting mphpopular
That means the trades now is still on going.... SO let's see how it goes....

Here's the only trade i've taken this week. I have set the TP (i set wrong actually, should set tp of 33pips instead of 20).
Trade still open with 95 pip profit as I write this post.

I agree only use different broker feeds with discretion on individual trades.

I see another fib cluster of resistence at approx 1.4960. So Ithink the 141 pips of the original P/T is achieveable for this particular trade.

I agree it is awkward to be using FXDD for ASHFX and IBFX for pipnailer signals. However when both strategies give a signal on the same broker feed like this trade, and on the same candle one does assume it is a higher probabilty trade.

LR
  • #1,125
  • Aug 21, 2008 9:06pm Aug 21, 2008 9:06pm
EU might face some bear in this Asean session. But during later UK session, I believe it will touch your TP by today.
  • #1,126
  • Aug 22, 2008 8:58pm Aug 22, 2008 8:58pm
This is the trade that still in floating in this week. Later I will change the SL to breakeven +1. (Juz wanna let it at least close wif TP or at the breakeven +1, both way I still winning)

@Irathi
Wish you did close the trade manually or move the SL to a better point in order to let it be in profit area.

1.4904 is the highest point it achieve, i guess the trades still floating if you didn't close it manually or adjust the SL again.
Attached Image (click to enlarge)
Click to Enlarge Name: Pic1.jpg Size: 173 KB
  • #1,127
  • Aug 24, 2008 7:43pm Aug 24, 2008 7:43pm
AUDUSD trade closed wif +ve.

It is laz week trade
Attached Image (click to enlarge)
Click to Enlarge Name: trade 9.jpg Size: 197 KB
  • #1,128
  • Aug 24, 2008 9:30pm Aug 24, 2008 9:30pm
Closed EURUSD trade for 100 pip profit. Looking back it reached 20 pip short of target of 141 pips.

I think my trading style is daily charts, so Ashfx is more suitable. Still trader's discertion is required. Having pipnailer and Ashfx strategies are great. When both occur I think this is a higher probabilty of success.

LR
  • #1,129
  • Aug 24, 2008 10:37pm Aug 24, 2008 10:37pm
Same here, It is juz a simple 'set and forget' method'. Ya, I'm sure any method sure have a losing trade as well. BUt I guess in pipnailer, the H4 signal is the most strongest for me (set and forget).

Juz very easy to use whereby you didn't nid to open multiple lots and do much stuff in the money management stuff. Juz be remember to adjust your SL to breakeven +1 so tat you will always end up wif +ve profit
  • #1,130
  • Aug 27, 2008 8:33pm Aug 27, 2008 8:33pm
i thot pipnailer and AshFXdaily work best with FXDD?
  • #1,131
  • Aug 28, 2008 1:15am Aug 28, 2008 1:15am
Quoting dengzhi
i thot pipnailer and AshFXdaily work best with FXDD?
My understanding is pipnailer works best with IBFX and Ashfx with FXDD.

LR
  • #1,132
  • Aug 28, 2008 3:52am Aug 28, 2008 3:52am
Another one from Pipnailer. thanks fxmoments
Attached Image (click to enlarge)
Click to Enlarge Name: trade 10.jpg Size: 184 KB
  • #1,133
  • Aug 28, 2008 9:44am Aug 28, 2008 9:44am
ive getting beat up pretty bad with several consecutive losing trades...

nzd/chf on the 30M
eur/usd on the 30M
usd/cad on the 30M
usd/chf on the 30M
gbp/usd on the 1H


Just focus on the pips. The rest is insignificant.
  • #1,134
  • Aug 28, 2008 11:05am Aug 28, 2008 11:05am
Quoting ayaz
ive getting beat up pretty bad with several consecutive losing trades...

nzd/chf on the 30M
eur/usd on the 30M
usd/cad on the 30M
usd/chf on the 30M
gbp/usd on the 1H


Try to use a Longer TF. Such as H1 and H4. If you want to trade on shorter TF chart, You need to draw some pivot point, resistance area and some personal analysis before you go in...
  • #1,135
  • Aug 28, 2008 9:10pm Aug 28, 2008 9:10pm
Quoting ayaz
ive getting beat up pretty bad with several consecutive losing trades...

nzd/chf on the 30M
eur/usd on the 30M
usd/cad on the 30M
usd/chf on the 30M
gbp/usd on the 1H


try h4 to many fakes at m30. Or shorten your TP
  • #1,136
  • Aug 28, 2008 9:32pm Aug 28, 2008 9:32pm
anyone get dashboard to work with email alerts?
i cant get email to work in general in MT4, it fails the send test

(tried yahoo mail, and crawler)

2008.08.28 19:31:22 Mail: error connecting to my.crawler.com


anyone know which free mail works with mt4 and how to set it up?
  • #1,137
  • Aug 29, 2008 3:17am Aug 29, 2008 3:17am
Quoting dengzhi
anyone get dashboard to work with email alerts?
i cant get email to work in general in MT4, it fails the send test

(tried yahoo mail, and crawler)

2008.08.28 19:31:22 Mail: error connecting to my.crawler.com


anyone know which free mail works with mt4 and how to set it up?
My email alerts are working as with others who have it set up as SMS to their phones. Read previous posts of the thread. There is a trader who uses 30m TF sucessfully. Please go back and read thread.

I have my own email address not free.I just enabled MT4 under tools and options then email tab.

However, I find it freezes when I change to shift inout from 1 to 0.

I use 4h and 1h charts, so shift=0 warns me of upcoming signal before the close of the candle.

Hope this helps,

LR
  • #1,138
  • Aug 29, 2008 3:18am Aug 29, 2008 3:18am
Quoting mphpopular
Another one from Pipnailer. thanks fxmoments

This was a no brainer as it was trading with the higher trend.

Great trade.

LR
  • #1,139
  • Aug 29, 2008 9:20am Aug 29, 2008 9:20am
Just got this H1 signal using IBFX:

Attached Image


never posted an image before so don't scream if I did it wrong!
Isolate yourself from the herd
  • #1,140
  • Aug 29, 2008 9:25am Aug 29, 2008 9:25am
yep nice one so far .. I havnt caught many lately but I discipline is the key.
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