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Strategy to take safe pips every day

  • #161
  • Mar 12, 2008 5:23am Mar 12, 2008 5:23am
Quoting toto4444
noe we are programming a automated system for trade this strategie. backtest for the last three mouth was 139 trades only one looser, since 1.aug we put the account from 10k to 52k ;-) with a little changes of the indicators bcos its automaticly.

i will post if the system is ready to trade live... if someone is really intessested in it ... pls contact me on skype kimba1999 i thinking about to make managed accounts , i hope it can be done asap, the programm is still exist.

i will post the trades now
Human discretion is very important in trading this system. You have to be able to gauge the strenght of the movement, whether its news driven, or is it from a session open, plus you you should look out for any major support or resistance near your intended take profit so that your trade doesnt hit a brick wall and just turns around. Its a good system, I too had success with this system trying out initially, but the market has been trending and volatility is at a high, so alot of my systems have been doing well. Just wanted everyone to be cautious and not get too overly optimistic with automated EAs, automated EAs will kill your account in a ranging market with this system.
  • #162
  • Mar 12, 2008 8:23am Mar 12, 2008 8:23am
How long should I wait before to close a position if the trend have change direction?
Should I always program a stop loss order or wait for the trend to come back?
Thanks for sharing this method. It works most of the time.
  • #163
  • Mar 27, 2008 1:55pm Mar 27, 2008 1:55pm
Anyone have a feeling this is a scam? 139 wins and 1 loss, yea right...suckers. Foriegn accent to boot lol
  • #164
  • Mar 28, 2008 2:59am Mar 28, 2008 2:59am
Quoting FXNorm
Anyone have a feeling this is a scam? 139 wins and 1 loss, yea right...suckers. Foriegn accent to boot lol
the win/loss ratio is not impossible if you know your system well enough and in one like this as long as you follow a strong trend you should rarely lose. It a matter of getting the feel for it

look at the euro/gbp the past few weeks, if you had used this on that pair then you never would have lost a trade for a VERY long time.

I have had 76 winners in a row on my own system.

BTW what is the matter with a Foriegn accent to boot surely you are not promoting any kind of problem with those from another nationality other than your own are you?
Don't chase the market, Let the market come to you
  • #165
  • Mar 28, 2008 5:24am Mar 28, 2008 5:24am
Quoting toto4444
I want to share with u an nice Strategie where u can make safe pips during the day, it need much observation of charts but its really nice.

its very simple 1.st take a chart f.e. Eur/JPY

5 Minutes

EMA 10, EMA 20

Candle Stick

so the emaīs show u the trend, donīt trade against the trend...

dont trade if the candles touch the ema10

long setup:

wait for an up candle in between the trend and wait for the next candle if the next candle startet to be negativ, then there is a resistance to break upper the candle.

Wait till the negative candle is finished and then u can go long 1 pip over the long candle, set stop on the low of the up candle, and wait for some pips. take your profit when u see a next resitance...

i trade this since many mounth with an winner rate of 85%, sometimes i take only 5 pips but its enough... becos its a very safe way of trading.

sometimes u need patience that excatly this situation is coming...

follow only the rules. and u will see
your ema is it set to close?
  • #166
  • Apr 9, 2008 4:23pm Apr 9, 2008 4:23pm
Quoting Bemac
Whoever posted the Wide Image, Please modify it!

sorry it was me (not in this page wich there is a quote of one of my previous posts). But i can't see the edit button in this thread, i don't know why it is not working. Sorry again.
  • #167
  • Apr 10, 2008 6:10am Apr 10, 2008 6:10am
Not another wide image poster! Arrgghh!
  • #168
  • Apr 10, 2008 8:34am Apr 10, 2008 8:34am
Quoting FXNorm
Anyone have a feeling this is a scam? 139 wins and 1 loss, yea right...suckers.
I've done 164 trades without a loss in my live account before, what makes this a scam? Generally you need to be gaining something from a lie for it to be a scam...


Quoting FXNorm
Foriegn accent to boot lol
LOL what? Yes, because we're all of the same nationality around here. Nothing worldwide about this market whatsoever. That's just downright offensive but atleast it shows your level of intelligence. I really don't know what else to say about that one...
The basis of a democratic state is liberty. ~ Aristotle
  • #169
  • May 26, 2008 4:50am May 26, 2008 4:50am
I have been trying this on the Netdania charts but I want to be sure on how to set the EMA on the Metatrader platform, Is it 10 EMA of the closes, high, low or the open? Please help
  • #170
  • May 27, 2008 2:54am May 27, 2008 2:54am
Started testing the system as described on the first page, looks good. Thanks a lot toto.
On the path to Enrichment.
  • #171
  • Jun 1, 2008 7:01am Jun 1, 2008 7:01am
Quoting FXNorm
Foriegn accent to boot lol
Thank you so much for allowing us to get to know YOU so much better!
  • #172
  • Aug 9, 2008 5:06am Aug 9, 2008 5:06am
Hi there,

Can anyone help me with an indicator for this simple strat ? I want to do a manul backtest for 2 months and I could realy use a pointing arrow for the entry...

10x
  • #173
  • Oct 9, 2008 1:57pm Oct 9, 2008 1:57pm
Quoting necre
Hi there,

Can anyone help me with an indicator for this simple strat ? I want to do a manul backtest for 2 months and I could realy use a pointing arrow for the entry...

10x
The best indicator is your eye I dont think this system needs too much indicators.
  • #174
  • Oct 12, 2008 5:59am Oct 12, 2008 5:59am
this really speaks to me, quite simple.. shall give it a demo try tomoz...

however ill be using VSA on a daily or hourly chart to let me know whether I should go long or short, if VSA goes long, ill only do long setups
Grabbing the bull by the horns!
  • #175
  • Oct 13, 2008 1:08am Oct 13, 2008 1:08am
i have a question in regards of when to get in....

say you are looking to go short...

ema's are good , uve just completed the green up bar... cos its a 5min chart it starts out in the Red so all good it gets to the bottom of the original red bar so you take the short, but then the bar retraces and ends up green?

so do you wait for a red bar then resistance green then a red then short on the next bar? (ie the 4th bar) or do you short on the 3rd and presume it will become red?
Grabbing the bull by the horns!
  • #176
  • Oct 15, 2008 6:13pm Oct 15, 2008 6:13pm
Hello everybody, why this tread is still in Rookie Discussions ??

some people make with this trading strategie their money and its in a Rookie , ok its simple like 1-2-3 but its disappointing to be in a rookie discussion area..

pls admin this tread needs to be in a better position... check it out
  • #177
  • Oct 15, 2008 6:16pm Oct 15, 2008 6:16pm
Hello again,

i want to build an "Entry Detecting Community" for this Strategy in a live chat room or something like that. so we can make some good trades together, if somebody is interessted just send me an email.

hope to see many responses.
  • #178
  • Oct 17, 2008 7:34am Oct 17, 2008 7:34am
Quoting toto4444
Hello again,

i want to build an \"Entry Detecting Community\" for this Strategy in a live chat room or something like that. so we can make some good trades together, if somebody is interessted just send me an email.

hope to see many responses.
I am interested in detecting entry. My contribution will be to add 5sma applied to close to your setup and it will be perfect. I will hour send you an email cos I want to be involved in trading together with you.
  • #179
  • Oct 26, 2008 11:11am Oct 26, 2008 11:11am
Hi there!

What happened? Where did everybody go? I was hopping that we will resume discusions regarding entries, possible new filters & more advice from toto!

SO... Does anybody else is using toto`s system? If yes, with what success rate?

Best of pips,

Necre

@toto - I PM you regarding my intention to become part of the "community" but did not receive any reply yet... Hope you did not gave up to this idea.
  • #180
  • Aug 23, 2010 4:11pm Aug 23, 2010 4:11pm
This's good strategy i like it, but where's master toto4444..???
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