DislikedI appreciate that you are working with it..... that's enough for me !
BTW Have you noticed how the Mediator T3MA (40-0.81) helps blocking out false entries when it is slightly ovehead of the price...... even though the FX-50 system rules would have said...... Take this long?
There was one example this morning on EurUSD at 3:58 GMT where this occurred........ where otherwise you barely would have made enough pips with that trade.
Next T3MA (40-0.81) underlined an absolute great trade at 05:17 GMT !
The other advantage of the Gann Activator...Ignored
- #862
- Dec 18, 2008 12:38pm Dec 18, 2008 12:38pm
IMHO! I think that CD's system is worth the $97.00 he charges for it even tough I got this for FREE! But the way he went about it was wrong so live and learn CD! 
69... another 400 pips win... this is the second chart I posted today folks... over 600 pips (GBPUSD) in wins todat with FXP V2...
69... another 400 pips win... this is the second chart I posted today folks... over 600 pips (GBPUSD) in wins todat with FXP V2...
- #865
- Dec 18, 2008 12:48pm Dec 18, 2008 12:48pm
I.. another 400 pips win... this is the second chart I posted today folks... over 600 pips (GBPUSD) in wins todat with FXP V2...
...Market is incredible trending these days...that wont lest forever.
- #866
- Dec 18, 2008 1:00pm Dec 18, 2008 1:00pm
IMHO! I think that CD's system is worth the $97.00 he charges for it ...the way he went about it was wrong so live and learn CD!
But can I just politely remind you however that we are not supposed to be recommending or mentioning pay-for systems here. I do appreciate you are also saying he done wrong. I would have to say V2 is as good as the user and that newbies CANNOT expect to pay 97 dollars and then beable to make 400pips per day with it. They would LOOSE everytime without EXPERIENCE and months and months of it. Remember lots of newbies read here and we don't want them getting the wrong idea.
Hope you don't mind me saying that.
OK so can I just ask you about how you handle stoplosses when u trade V2. Your chart shows that to hold on for the 400pips you would need a trailing stop loss of 80pips on 3 or so occasions. Do you do this or have a fixed stop just under your entry price? Also how to you decide on an exit?
Cheers, Steve
- #872
- Dec 18, 2008 4:30pm Dec 18, 2008 4:30pm
Hi soeasy, glad you are getting good pips.
But can I just politely remind you however that we are not supposed to be recommending or mentioning pay-for systems here. I do appreciate you are also saying he done wrong. I would have to say V2 is as good as the user and that newbies CANNOT expect to pay 97 dollars and then beable to make 400pips per day with it. They would LOOSE everytime without EXPERIENCE and months and months of it. Remember lots of newbies read here and we don't want them getting the wrong idea.
Hope you don't mind...
The way I look at this is to use the way price zig zags up and zig zags down... uptrend is higher highs and higher lows. downtrend is lower lows and lower highs... if the ema 6 stays below the 12 stay short ... if the 6 stays above the 12 in a lomg trade stay long... simple as that...
And yes I will stop saying stuff about that CD guy.... here is a daily trade for you guys... Buy Stop USDJPY 90.21 SL 88.01 TP 93.21 GTC if not filled by this time Friday cancel pending order... Enjoy!
"OK so can I just ask you about how you handle stoplosses when u trade V2. Your chart shows that to hold on for the 400pips you would need a trailing stop loss of 80pips on 3 or so occasions. Do you do this or have a fixed stop just under your entry price? Also how to you decide on an exit?"
Stevexyg,
Good questions. Easy, I would appreciate hearing about your approach to longer hold time as well.
Thanks much.
Cliff
Hi cce and Stevexyg,
According to CD, the HA color change is the exit (which is 40 MA). He claims it is a strong exit strategy (I agree pull backs are scary, it looks to me if you stay you will win more pips.)
However, CD suggests you should not overtrade once your TP is reached, for example 30 pips
I have not yet got those 300 to 400 pips, however, I am using F4s guppy 55 and 35 bounce to enter the trade after the trend is established and exiting at the fib levels, if the price did not pass through these levels. I am happy with 30 to 50 solid pips. ---This reduces the stress of watching the profit going down.
If you guys come out with some idea, post them here.
- #876
- Dec 18, 2008 4:52pm Dec 18, 2008 4:52pm
"OK so can I just ask you about how you handle stoplosses when u trade V2. Your chart shows that to hold on for the 400pips you would need a trailing stop loss of 80pips on 3 or so occasions. Do you do this or have a fixed stop just under your entry price? Also how to you decide on an exit?"
Stevexyg,
Good questions. Easy, I would appreciate hearing about your approach to longer hold time as well.
Thanks much.
Cliff
Anto,
Good references. Thanks for the input.
Cliff
Good references. Thanks for the input.
Cliff
Hi cce and Stevexyg,
According to CD, the HA color change is the exit (which is 40 MA). He claims it is a strong exit strategy (I agree pull backs are scary, it looks to me if you stay you will win more pips.)
However, CD suggests you should not overtrade once your TP is reached, for example 30 pips
I have not yet got those 300 to 400 pips, however, I am using F4s guppy 55 and 35 bounce to enter the trade after the trend is established and exiting at the fib levels, if the price did not pass through these levels. I am happy with 30 to...
I get exercise just pushing my luck