vFORCE EU Only

Hi all,

Please read the rules for this thread before moving forward.

Rules

- Eur/Usd only
- No EAs
- No outside indicators
- Manual trading only

If you would like to be experimental an use an EA or trade other pairs you can participate in the first thread and post your findings there (http://www.forexfactory.com/showthread.php?t=155871). This thread will be for the EU which has been tested proven. This system is tailored and optimised for the EU only on the 15min chart for manual trading. Please note that all signals and charting are done on a IBFX demo account.

Introduction

At last after countless days and untold amounts of time I have created what I feel is my finest work in my 7 years in forex. With the help of Robdee and his superior MT4 skills whom has created the fine layout of these charts and programming 8 indicators into 1 super efficient alert system vForce has reached its launch stage. The charts below will tell all as Rob and I attempt to take all traders on the ride of a lifetime turning a seemingly difficult and wild market and taming it into a super efficient profit making machine. Please see the attachments below for everything you need to get started.

FJ

I would be aggravated too. Give em books and try to send em to school.

Gotta snap those knuckles with the ruler every now and then to try and get their attention.

Friday was still a fairly profitable day even with the NFP annoucement. The first trade initiated at 6:15gmt on my ibfx platform produced a profitable pips range of 107pips. At this point one would have has 2 options after the trade maxed out at the weekly pivot at 1.2725 7:30gmt. 1) take full profit 2) Be a little risky and hold out for todays eventual high ( 2nd trade and next long signal) of 1.2753 at 14:30gmt just below the monthly pivot at 1.2760. The third trade which wwas a short from the 15:00gmt candle initiated when passing th 10 pip filter tag at 1.2670 on the 15:45gmt candle produced a total profitable pips range of 69 pips making its low at 1.2658 at 20:15gmt. That make todays total profitable pips range 204 pips with vForce signals. Next I will post the weekly stats which are equally as impresive. Chart below.

FJ

I expect this is the thread where you will post level 2 of this system. Is that correct?

Redhouse,

Correct. Hope to see you here.

FJ

If this thread can be kept in a straight line, will be following along.

Being sort of scatterbrained, things must remain constant for me to follow them.

All joking aside, jedi obviously believes he has a good thing and he is MORE than willing to share it with everyone, even if he has to beat you over the head with it.

Does he? I have no idea, but appears to be worth looking at. To all the people posting in the other thread, all he is asking is that you listen to him and not alter what he believes is correct from his own testing.

This is an international board, with different customs from different locations of the world. It is not my intention to insult anyone from anywhere, but what is so hard to understand about the simple requests that he has stated over and over and over in the other thread.

I have a feeling that if you will listen and not try to force your own whims on this thread that it might lead somewhere.

Give the guy a chance to do it his way. It is HIS THREAD!!!!!!!

Hi all,

Trade stats for this week are in including some brief commets on each trade. Also included are trade times so one can review the trades.

Monday

Trade 1

Signal candle was at 12:45gmt
trade initated at 13:30gmt
profitable pip range was 28 pips
Thoughts are that one would have take 80% at 20 pips. One could closed this trade at BE and
never let a good trade become a bad trade. Or one could have let their stop get hit at 1.2563
for a loss of 40 pips at 20%.

Trade 2

signal candle was at 15:45gmt
trade initiated at 16:00gmt
profitable pip range was 33pips
Thoughts are that one would have taken 80% at 20 pips. One could have closed this trade at BE and
never let a good trade become a bad trade. This trade came within 8 pips of the stop at 1.2612 on
the 20:00gmt candle. Finally making a move down do its +20 pip range. One should have realised
lucky they were here and closed all at +20 to +30 pips. Remember not to be greedy.

Tuesday

Trade 1

Signal candle was at 9:45gmt
trade initiated at 10:00gmt
profitable pip range was 42 pips
Thoughts are that one would have taken 80% at 20 pips and closed the rest after the PIN bar formation
on the 11:30, 11:45 and 12:00gmt candles.

Trade 2

Signal candle was 14:30gmt
trade was initiated at 14:45gmt
profitable pips range was 71pips
Thoughts are that one would have taken 80% at 20 pips and taken the rest somewhere in the
pip range depending on their level of greed.

Wednesday

Trade 1

signal candle was 00:30gmt
trade was initiated at 00:45gmt
profitable pips range was 0
Thougts are that this was a horrible trade. One had two chance for exit. The hammer at 3:15gmt and
the hammer at 4:30gmt. This gave a loss of about 50 pips if you exited at any of these candles.

Trade 2

signal candle was 12:00gmt
trade was initiated at 13:00gmt
profitable pip range was 107 pips
Thoughts are that one would have taken 80% at 20 pips and took profit on the rest somewhere in the
107 pip profit range depending on greed level. Nice trade!

Thursday

Trade 1

signal candle was 8:30gmt
trade was initiated at 9:15gmt
profitable pip range was 86 pips
Thoughts are that one would have taken 80% at 20 pips and taken the rest somewhere in the 86 pip
profit range depending on level of greed. Nice way to start the day.

Trade 2

Signal candle was 14:30gmt
trade was initiated at 14:45gmt
profitable pip range was 44 pips
Thoughts are that one would have taken 80% profit at 20 pips and the rest somewhere in the
46 pip forfit range. One should never let a good trade turn bad. At stop at BE for the remaining 20%
would have been justified.

Friday

Trade 1
signal candle was 6:00gmt
trade was initiated at 6:15gmt
profitable pips range was 135pips
Thoughts are that one should have taken 80% at 20 pips moved stop to + 50pips and let the rest run
and taken profit somewhere in the 135 pip range depending on greed level.
End of trade as I do not trade NY afternoon on fridays.
Total profitable pip range this week was 546pips.

I will be very interested to get into the rest of your mind, and see what i learn. I especially would like to know your ideas on staying in the trades.

Forexjedi,

Thanks for all your hard work and for sharing this great system with all of us. I am trading it live along with your Force 5 Min System and it makes a great compliment to the 5 Min System.

I look forward to the continued development of this new VForce Method and this new thread. Again, MANY THANKS INDEED!!!


Alkis Hilton

how do you save this program to mt4.I tried to put it in but could not get it to give me a signal. thanks for the help.

Thanks for posting the stats for the week FJ. It is a big help in letting me see where my thinking is in line with yours on the charts. I also like the fact that I am not over trading with this system.

That has been a big problem for me in the past where I wind up giving back profits I make early in the day or dig a deeper hole when my day starts out poorly and I keep trying to make up for it by taking riskier trades. This is a more structured and higher probability approach.

See you in the chat room and here on this thread.

Airbeat

Hi jedi, robdee and all.

I'm still new to FX and in FF, i have just opened a live account last week and been trading using the force 5m and it was a profitable week for me. I have demo it for a few months before going live

oh and i will be looking forward to test the first phase of vforce on monday =)

i have just read finished the 36 pages of the other vforce thread and this is what i have understand of the system, please correct me if i'm wrong.

There will be a signal, for example a long signal (blue bar), let's say at 1.2000 and the low end of the bar is at 1.1980 , i will then open a buy pending order at 1.2012 and place my stop loss at 1.1970 , if within the next 4 bars there is no green bars, i'll closed the pending order.

For a short signal it will be 10 pips below the close instead of 12 pips

There are also other factors to consider like PA and S/R.

i also have one question, what about when it is during news time? (minor and major news) Do we still trade. i have read that Jedi still trade during the NFP but with caution?

And Thank you both jedi and robdee ! you have both been a great help to me in my forex learning !

Thank you very much !

I was a frequent visitor to the other thread from the very beginning. I can see that FJ is using this as the main thread now, so I will be crossing over and learning here with him. I can see form one of his comments about a trade from this week that candlestick formations, so would someone be willing to tell me where I can learn about candlestick formations in time for the release of the second stage as I don't really know anything other than double tops & bottoms.

i believe babypips.com has them.

thats in summary , if you risk 1% you will have ~ 1.5 % profit if you take all trades and take profit at 20 pips 80%, they other running of 20% it is very difficult where you exit and you need 250 pips for 1% more profit.

in the last week you have only 1 loosing trade and 8 winner, that's lucky

so you will near your computer the whole week for 1.5% that's all

and if you have 1 more looser you have 0.5% profit for the week

come one, that's not the way to make $$$

the RR for this system is very poor and where is the information over the system , I see only a black box give some signals.

by the way, you have open same charts by this system at the same broker FJ do it, other broker will give you totally other signals, funny

I don't care about pips , only I count is Money so I will see the % my account increase.

look for profitable systems!
cheers

Thanks!

4xpower,

Great first post! I appreciate your help in showing that wih even the basics of the system you could have made a min of 1.5% on your account this week. Im sure this will motivate a lot of traders to try it out as a 1.5% gain would make a lot of people happy. I hope you traded it also. A 1.5% gain on your account must be a massive amount of money. Please come back again soon and post more comments.

FJ

Hi
can u tell us more about PA and how it can be related with this system?
Thanks heaps

forexjedi,

i had jz completed reading your 1st vForce thread and i'm truly impressed with not only your work but most importantly your pure intentions of wanting to teach traders like us to trade the FX market the right way. your unselfish contributions and dedication had earned my highest respect as a professional trader. I salute you and i'm eager to learn from you, sifu!

looking fwd to your lessons in PA next wk!

hv a nice wkend !