POPOI-84 Method

I guess from the beginning you all know its not easy to make pips unless you know where its heading next....

I`m not a professional trader, i`m juz like one of you who wanted to share ways on how to make pips with discipline...before that ..i apologise with my bad english since english is not my native language.... ^_^

This thread is for discussion for success with 'POPOI-84 METHOD' not for Negativetivity....so lets take this opportunity to reach our goal! I will not say that this method can make u a success trader...this is just a method that i wanna share...you win some, and ofcoz you`ll lose some....nobody`s perfect in this world....if you`re ...your not human..Hehe..!!

but it can assure you...it will make pips as long as you understand the method very-very well....im just going to explain step by step on how the method works...the rest is up to you and god!!....oh by the way!! this thread will wont last long unless its a good vote...

first of all please understand on the 4 indicators, read and understand it from other threads or google it :-

1) Channel
2) Fibonacci
3) Hi/Low
4) Trendline

Thanks to FF i`ve slowly learning from all of the indicators above!

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As we can see from the above image , we cannot predict where it would go next right? i mean for a newbie like me thats y we need some indicators to help us to predict the future.

Now lets put one of the manual indicator that is Trendline



Question - 1) Difficult to read (trash). ?
2) can read the trend is going but it`s still look like Trash to me.
3) this is the worst trendline ever..it might confused me a lot!
4) good trendline will guide my way if there`s a good one...
5) I prefer Automatic Trendline

why i ask this question bcoz the choice is yours wether u wanna be lazy or not, guide to discipline starts now....please answer this Q ...ill be back for tommorow thread..

Thanks and have a nice Pips!

sorry....please dont email me at the moment coz i`m a busy man but Since you all answered Q number (4 & 5) here`s what it looks like and easy trendline for newbies and its an Automatic lining, but remember this line is call (ZIGZAG) it wont help you to make pips it`s just helping you where its heading after high to low and low to High...sumthing like that...see the next image...

you can find (zigzag indicators) from your MT4 platform under (custom indicators)

Automatic Trendline (TL) we call it ZIGZAG


ZIGZAG shows High and Low (just a guide not for pippin)


ill be back guys... Merry Christmas to you all

as you all understand the true guide of Zigzag indicator that it will make high and low, we can move on to 'channelling', using channel indicators can help us is to see where the movement is going next....as u can see from the next image ..

This is Automatic Channelling :-



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Now lets combine Zigzag + Channel



Have you ever played 'pinball' before? please concentrate on the image!! It`s bouncing around the channel..easy to predict now huh! ....



Wait-wait!! don`t jump yet..it`s not finish coz if u did jump to go live... say goodbye to your account, you`ll burn it..

I`ll be back as soon as i can...

For now ..let me ask for traders opinion ...is it good or bad? if its bad. ..then i`ll better just scrap it!

Thank you and waiting for your opinion

The Zig Zag indicator repaints itself.
What you see looking back on a chart is not what you see in real time.

thanks billbss,

yes..that`s so true ..the zigzag will repaint itself from time to time..like i said its only a guide to where it`s heading and bounce...zigzag is not an entry nor exit point .....it will help determine the next trendline...it will repaint if the trend will go up more than expected ...

remember guys even channel can repaint or re-change directions if u use 1-30mins TF, so better use 1hr above...i`ll explained to u on the next further thread on how to overcome this...

Excellent thread for newbies like myself, Feels good to ditch funky indicators (Stochastics, macd, Rainbows).

Keep it going man

Next is Fibonacci....truely, i dont even understand how to calculate Fibonacci, since i`m a newbie ^_^ BUT lucky! there`s an indicator that can help me with entry and exit....this so called 'Fibonacci' can determine until when we can take our profit,. but discipline is the key to our goal!!

For example : as you can see from previous thread if its a high it will go low but we dont know when it will go down or maybe it will go up again..Fibo will help on how much the speed and power of trend to reach further up..the more upper the trend goes until the end of Fibo line the lesser power. so eventually, less power meaning it will reverse we call it as 'SWING' when it swing..thats your ENTRY (TP). the line of FIbonacci will help you until when u can stop your buy/sell. meaning alwez make an entry

see the below image :



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Now let see if we combine all together? :-



This is not a holy grail ..this is fun+easy to watch but not as easy as we can see from the images...all we need is practice...next thread will understand where or when to make an entry and exit...in my perspective ...but you can use your way....coz its your decision...

Hey sniperfox84, If you havn't tried it, try using #Spudfibo, It automatically draws fibo lines. Just give it a look if you havn't seen it before (attached).

oh really?! thnx george i`ll give it a go.....and have a check on it..

The Speed of Fibo...

when it swing or reverse you can calculate the speed of trend going buy/sell...the more it passes the line , the lesser it will form the same direction...

example, see image below :




100HP TO 90HP is always the best to take profit..unless news come out...

Now let`s combine it Together........ see image below



MY ENTRIES :

ENTRY INDICATE SIGNAL : 1) LINE OF BELOW / UPPER CHANNEL
2) HIGH AND LOW OF FIBO (IT WILL TELL YOU AT THE LINING OF THE FIBO.
3) WAIT FOR ANOTHER CANDLE TO FORM INSIDE THE CHANNEL (NOT OUTSIDE) ...IF ITS OUTSIDE DO NOT TRADE!

MAX TP : 30pips
SL : if you were me, i always use 50 SL but hey like i said....use your way...i`m just your guide..(we do not know what will happen next)


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EXITS :

EXIT INDICATE SIGNAL : 1) LET IT TREND ..... MOSTLY 100HP IS CONSIDERED SAFE, THE LESSER HP OR PASSES THE NEXT FIBO LINE AS I MENTIONED THE LESSER PREDICTING IT WILL GO BUY OR SELL....DISCIPLINE YOURSELF REMEMBER THAT ALWAYS...

2) EXPERT TRADERS WILL EXIT ON MEDIAN LINE OF THE CHANNEL...BUT SINCE WE R NEW....LETS PLAY WITH FIBO SPEED



THE LINE OF EXIT IS IN YOUR HAND THE GREEDY YOU`RE THE MORE YOU`LL LOSE...

REMINDER :

TF : 1HR

- WAIT FOR THE NEW CANDLE TO FORM...COZ IF U DONT IT MAY CHANGE THE DIRECTION OF A CHANNEL AND IF IT DOES...CHECK FOR THE NEW ENTRY POINT....

- CURRENCY : I`VE TRIED MAJOR CURRENCIES LIKE USD, JPY,GBP,CAD,AUD BUT NOT GOLD NOR SILVER.. .

Im not a professional trader ...im a newbie juz like you...this is where we can discuss for errors or sharing ideas....Thanks to George for giving this awesome Fibo line.. ^_^

need contribution to make good effort and Team! aspecially on building EA

DONT TRADE :

1) dont trade with 1,15,30 mins Time Frame (recommended 1Hr)
2) dont trade during News
3) Dont trade on high spread
4) dont jump, concentrate on the entries

MOST IMPORTANT

- Don`t go live until we understand more "Popoi-84 Method", thats y this thread is open for us to learn from it...even i made pips using Demo account for now eventho i made lots of pips because we all know ....in the real battlefield we need to be prepare with our Weapons!

Dont trade if it`s outside channel .... see image



Dont trade if its the end of time...

be confident ...and PRACTICE!

Dear Traders,

Please Test it on demo account.....if you feel it suck then rate or vote it....i want the truth and honest opinion only to learn more about it....coz from here..we learn things that we need to improve.....and please share and discuss about "Popoi-84 Method".

its not hard to say a word... ^_^

Thanks Guys, Happy Trading...

Merry Christmas to all of you guys....ready for the next day to come..happy Pippin Guys....

スナイパーフォックス
Jangan lupa berus Gigi... ^_^

Thanks a lot for this thread.

I thinl it starts with the baseics, and should remain like this. Please dont get tempted to add indicators, that for sure others will bring here. I think, for newbies the basic R/S, Fib, H/L, channels and trends is essential for then understand and apply more complex systems that are a lot in FF.
But is not easy to find one that have the basics.


Thanks again.

Thank you Think FX,

I couldnt Agree more...what you`re saying is true..we`re Newbie...learn the step then enhance until you`ll understand "Popoi-84 Method" ..

remember more indicators will confuse you...just an advice...but other than that..its all up to you...just keep it basic for now... guys ^_^

share for test result and we`ll try to improve it more and more...

I care about Newbies..coz we went in the same War ....juz wanted to remind you again

MOST IMPORTANT

- Don`t go live until we understand more about "Popoi-84 Method", thats y this thread is open for us to learn from it...i use Demo account for now eventho i made lots of pips because we all know in the real battlefield we need to be prepare our best Weapons!

its not simple as it is....learn and practice...until you cope it...no one`s perfect!

regards,
(SNIPERFOX84)

sniperfox84

I have to give you credit to come clean not touting about trading this system from ages, like some do here. I applaud your sincerity and willingness to lay it on the line.

Channels systems based on counter-trade moves are very tricky. As you know already, zig-zag's won't do any good. If you're going to pursue this, then I suggest to go in details on how to construct the channels in the first place.

Also you must make some clear rules on how to deal with the "turn around" candle and how to manage the trades when that event happens.

Thanks for reminding me about overcome channel :

1) - Zigzag is only guide to High and Low its not for entry nor exit, it will repaint itself, but from what i see all of this time...the zigzag will always end at the end of the channel line, if it break meaning 2 possibility wether it will turn back in or forming new channel so wait for the TIMING.

2) - To overcome channel :

1) Timing - always start with a new candle (1Hr TF), channel will rechange directions every 3 - 4 hrs.
2) start of day - try to start channeling at 9am GMT which london open their market- play with (GBP,JPY,USD), why? because we can boost the trend before channel re-change.

see image :



3) form the old channel with new - make your own previous channel, when channel form a new one check wether it is still inside the old and new one...if it does then it will bounce at the new channel, if it doesnt (out from both old and new channel) and u made profit then 'close it'.

see image :



4) if you know how to play with real manual trendline ....then you`ll know where it heading next..sorry i cant explain further more about TL, you can make research inside FF....

5) maybe other traders can help me to overcome this....all what i`ve explained is from my experienced....not a 100% success, its 99% experiment but so far thumbs up ....maybe other traders can explain more about this