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My own developed benkyalate system

  • #521
  • Nov 7, 2008 5:53am Nov 7, 2008 5:53am
Hi Folks !

Before I go to lunch have a look on the EUR/USD weekly chart...
Even a child can predict where price is going in the future...

Load your boots folks !

Greetings

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: eur_usd.gif Size: 68 KB
  • #522
  • Nov 7, 2008 5:55am Nov 7, 2008 5:55am
Quoting behof
Hi Folks !
I bailed out my trade with +65 pips on 3 standard lots.
I'm going to lunch now and await the NFP aftermath....
Nice going! So you made around $1950 in two hours ;-) Go and play golf now, congrats!
  • #523
  • Nov 7, 2008 6:00am Nov 7, 2008 6:00am
Hi Folks !

As a confirmation here are the actual COT data.
The big money managers are net long about 100%.

This means when they short the small dumb money buys

Greetings

Bernhard

P.S. These data are only a hindsight not a trading advice !!!!
Attached Image
  • #524
  • Nov 7, 2008 6:03am Nov 7, 2008 6:03am
Hi Folks !

This is my style of trading.
I fit it to my personal trading character.
You have to make it on your own !!!
Nobody could spoon feed you to success.....

YES WE CAN !!!!!

Greetings

bernhard
  • #525
  • Nov 7, 2008 6:06am Nov 7, 2008 6:06am
Quoting behof
Hi Folks !

This is my style of trading.
I fit it to my personal trading character.
You have to make it on your own !!!
Nobody could spoon feed you to success.....

YES WE CAN !!!!!

Greetings

bernhard

thank a lot behof and


yes we can

and viva america
  • #526
  • Nov 7, 2008 6:14am Nov 7, 2008 6:14am
Quoting Tibo
hi,

i'm testing the system from the beginning and did now more than 50 trades on different TF's. I made more then +6000 pips. But i have never had a negative trade. So i don't know where to put my sl...
Have anyone, who follows the rules of Oan4fx, ever had a negative trade? And does anyone know where to put a sl?

Thanks!

Many pips to all!

Tibo
hi my friend a i told you from the beining i build my possition up and my stop loss is 200 to 300 pips in majores and 500 - 1000 pips in exotices .
and i apply it manully 70 % o the time and this tyle may not uit you so look for what bet suit you
oan.
  • #527
  • Nov 7, 2008 6:20am Nov 7, 2008 6:20am
Quoting behof
Hi Folks !

This is my style of trading.
I fit it to my personal trading character.
You have to make it on your own !!!
Nobody could spoon feed you to success.....

YES WE CAN !!!!!

Greetings

bernhard
Fully agree with you! You have written what I wanted to say to everyone a couple of minutes ago. I mean, people, u have got a good idea now how to trade, u also have all the tools, so try to tailor the system to your style of trading, nobody can do it for you. if you, for example copy the template of behof it won't give u the same edge as if u were trying to build your system from everything u have.

Btw, brainjt, u may find T3RSI indicator with settings in FXprime thread, I guess they are 10 for RSI. Also there is HA with not standard settings on the screen, but, as I have already said, try to find what works for YOU, not for behof!

Behof, respect, man! Trading successfully live account with the system =)

And, of course, thank you, Oan4fx, for everything, especially because you are continue developing and trying to fit the system to the evolving market. Everything in our life can be made better and more efficient.

Regards,
Peter
  • #528
  • Nov 7, 2008 7:04am Nov 7, 2008 7:04am
Quoting behof
I'm trading live with my MB Trading FX Account

Bernhard, how do you find MB Trading's customer service and execution of trades? I'm thinking of opening a live account with them as well.

Thanks
Dimitrius
  • #529
  • Nov 7, 2008 7:45am Nov 7, 2008 7:45am
Quoting behof
Hi Folks !

I bailed out my trade with +65 pips on 3 standard lots.
I'm going to lunch now and await the NFP aftermath....

Greetings

bernhard
Can we get your template please?
If you can bend in the wind you can ride the storm.
  • #530
  • Nov 7, 2008 7:47am Nov 7, 2008 7:47am
Hi Folks !

Attached you will find an actual snapshot of EUR/JPY 1min chart.
Watch the price behaviour before NFP announcement....
(Between the two red vertical lines)

Announcement was negative BUT who would have guessed,,,
price went up before and I went short.....

This happens mostly at all major news events....

Just my 2 cents

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy.gif Size: 59 KB
  • #531
  • Nov 7, 2008 8:34am Nov 7, 2008 8:34am
Quoting oan4fx
i did not understand you but you all are missing thousands of pips .
no problem as long as i am not missing them .

every body don't waste your time with this system
this system is jock because the indicators repainted to make you think it is the holy grill, other wise you will be a millioner in one month
....
  • #532
  • Nov 7, 2008 8:43am Nov 7, 2008 8:43am
Quoting sami772
every body don't waste your time with this system
this system is jock because the indicators repainted to make you think it is the holy grill, other wise you will be a millioner in one month

you are a jock here people are making thousands of pips just see the whole thread and dont make me lough
50000 visitor in 5 days only you think this is a waste time thread.

oan
  • #533
  • Nov 7, 2008 8:44am Nov 7, 2008 8:44am
Hi all,
Here is the expert adviser that i coded with martingale function, and the entry is follow as Oan4fx.
3 for red and green line
2 for dotted line
2 for three candle average level above .81 or les than -.81
0 for candle with one level only
2 for rsi divergance or changing course
1 for cci
1 for macd divergance or signal
you can add on balance volume and 2 for divergance in it .
6 point is enougth to enter a trade with good managment

You may need to change the variable to suit the template you are using and also your own strategy.
Regards,
Yast77
Attached File(s)
File Type: mq4 benkyalate(Major).mq4   15 KB | 1,090 downloads
Beginner of MQL programming
  • #534
  • Nov 7, 2008 8:45am Nov 7, 2008 8:45am
Hi Sam

It can you just need to use the signals as part of your armory I cant stop making money with it and thats on the lowest time frame and arguably the hardest 1minute.

Just adapt your self to it and apply some of your own simple rules and you will make money.

But you've had your say we are democratic so thats fine and I take on board what you say

paulus
  • #535
  • Nov 7, 2008 8:53am Nov 7, 2008 8:53am
I have severe time constraints atm I have several systems and an eod thread that is making good pips ..the reason I love this set up is because if I have a 15min window to trade and being on the 1min the chances are I can do a trade and make some money

5min 15min 4hr etc etc are all good but I havnt the time to wait for those signals.

you got 30mins before you go out tonight ? fire up the 1min you will get a couple signals worth taking ..

We each have to adapt we all trade differently this system can be applied right across all times scales which is very rare in a system

Thanks again Oan your a very generous person my friend

paulus
  • #536
  • Nov 7, 2008 8:55am Nov 7, 2008 8:55am
my last 4 signals
Attached Image (click to enlarge)
Click to Enlarge Name: last 4.jpg Size: 33 KB
  • #537
  • Nov 7, 2008 9:27am Nov 7, 2008 9:27am
Quoting Paulus
I have severe time constraints atm I have several systems and an eod thread that is making good pips ..the reason I love this set up is because if I have a 15min window to trade and being on the 1min the chances are I can do a trade and make some money

5min 15min 4hr etc etc are all good but I havnt the time to wait for those signals.

you got 30mins before you go out tonight ? fire up the 1min you will get a couple signals worth taking ..

We each have to adapt we all trade differently this system can be applied right across all times scales which is very rare in a system

Thanks again Oan your a very generous person my friend

paulus
Hi Paulus !

You are so right .......

Greetings

Bernhard
  • #538
  • Nov 7, 2008 10:03am Nov 7, 2008 10:03am
Hi,

would be nice to see some more livetrades with set ups and maybe moneymanagement statements.

Stefan
  • #539
  • Nov 7, 2008 10:03am Nov 7, 2008 10:03am
Quoting Paulus
my last 4 signals
Hello,

Which template do you use for 1min?

Thanks
  • #540
  • Nov 7, 2008 10:13am Nov 7, 2008 10:13am
Hello guys !

Thanks for this system ! It's very interesting !

Tell me if i understand correctly the rules :

We must enter only on solid green lines and solid red lines when we have a full candle average. Like in the picture i post.

Am i right ?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot304.jpg Size: 183 KB
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