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Trading Live With Simplicity!!!

  • #101
  • Apr 16, 2009 7:43am Apr 16, 2009 7:43am
Quoting PipHacker
Hey guy's,
This is the 4-hour chart of Gbd/Jpy.
Well i have today again placed my S/R Lines on it. Here is My live Pending Order!
I am looking forward to go long onthe break of 149.24
Target +50 to +70 Pip's
Goodluck and tradewell with simplicity!
Pip!
Hey Guy's!
Take a look at screenshot. I have posted here my another Gbd/Jpy successive live trade with +58 Pip's at the end.
It was another good successive live trade. As first price retraces back near 149.24 level but after that in next candle it successfully breaks it. I,ll Post more live trades later.
Pip!
Attached Image (click to enlarge)
Click to Enlarge Name: gjj2.gif Size: 36 KB
  • #102
  • Apr 16, 2009 8:00am Apr 16, 2009 8:00am
Great thread PipHacker, thanks you.
  • #103
  • Apr 16, 2009 8:57am Apr 16, 2009 8:57am
Quoting gun2_85
i trade with your strategy on gbp/jpy today with tp 50 pips, and the price break the resistance not so long ago. Result i got +50 pips, yay... once again thanks for this simple strategy
Yea it was a good trade for +58 quick Pip's
149.24 was a good Resistance level which gives Us good Pip's after the successive breakout.
Pip!
  • #104
  • Apr 16, 2009 10:55am Apr 16, 2009 10:55am
Quoting PipHacker
Hey guy's,
This is the 4-hour chart of Gbd/Jpy.
Well i have today again placed my S/R Lines on it. Here is My live Pending Order!
I am looking forward to go long onthe break of 149.24
Target +50 to +70 Pip's
Goodluck and tradewell with simplicity!
Pip!

Hi Friend PipH

Your system is really very simple and easy to understand and i am happy to see you get profit and hope more and more.

but i saw it ( may be only me )
very deanger to put pending order buy stop near strong resistance
or sell stop near strong support ( i know you show us live trade and you prove ststem succed for all us )

but still if i am going to use it just fell afraid to enter

anyway my friend what is exactly the price you put it in your Pending Order the Buy Stop ??
the strong Resistance is 149.24 and your pending order is what ............. ?


Thanx too much for all what you post and explain for us.
Never sell @ lower upward channel unless breacked and vise versa .
  • #105
  • Apr 16, 2009 2:16pm Apr 16, 2009 2:16pm
WedWed:

I totally agree with you. I am in US PST zone and becuase of my day job, I can not manage my trade physically. So, I put a limit order in the evening and close that in the morning. Basically limit order before asian session starts and closing after US session midway. I became very impressed with the simplicity of this system and tried to demo for last 2 weeks. I although was not very selective like PipH. My result are not impressive. I have several wins and several loss. Net result is loss as most of the times prices slightly broke out and then rebound. I was not awake to catch that moment. Any way, this comment is not to diminish PipH's impressive result. As you can see that I was not really following his method. Just thought about to share.

-FX_California
Quoting WedWed
Hi Friend PipH

Your system is really very simple and easy to understand and i am happy to see you get profit and hope more and more.

but i saw it ( may be only me )
very deanger to put pending order buy stop near strong resistance
or sell stop near strong support ( i know you show us live trade and you prove ststem succed for all us )

but still if i am going to use it just fell afraid to enter

anyway my friend what is exactly the price you put it in your Pending Order the Buy Stop ??
the strong...
  • #106
  • Apr 17, 2009 1:53am Apr 17, 2009 1:53am
Quoting WedWed
Hi Friend PipH

Your system is really very simple and easy to understand and i am happy to see you get profit and hope more and more.

but i saw it ( may be only me )
very deanger to put pending order buy stop near strong resistance
or sell stop near strong support ( i know you show us live trade and you prove ststem succed for all us )

but still if i am going to use it just fell afraid to enter

anyway my friend what is exactly the price you put it in your Pending Order the Buy Stop ??
the strong...
Of-course 149.24 was my live pending order. Which also was the strong resistance level. Which means if this 149.24 breaks which also is my live pending order than automatically my position will enters in a market. Batter for you is to learn more about this method if you are intrested in it. I have posted more detail with screenshot's in my first post. Take a look hope so it will help you.
Pip!
  • #107
  • Apr 17, 2009 9:50am Apr 17, 2009 9:50am
Hey Guy's
Here is the 4-Hour chart of Gbd/Jpy. I have placed my support line on it. Which is looking good. But it's friday today with closing session. Anyway's this is my live pending order 145.81
I dont trade in last session coz i dont want to carry trades on friday also. That's why My target profit will be low & maybe stoploss will also be tight. Coz i consider this a risky trade.
So i,ll go short on the break of 145.81 but if my position didnt enters in a market in next few hours than i,ll remove my this pending order
This will be a scalp trade & a risky trade also let's see what will be the result.
Pip!
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 36 KB
  • #108
  • Apr 17, 2009 10:16am Apr 17, 2009 10:16am
Quoting PipHacker
Of-course 149.24 was my live pending order. Which also was the strong resistance level. Which means if this 149.24 breaks which also is my live pending order than automatically my position will enters in a market. Batter for you is to learn more about this method if you are intrested in it. I have posted more detail with screenshot's in my first post. Take a look hope so it will help you.
Pip!

http://http://www.forexfactory.com/a...1&d=1239721457

thanx my friend for replay..

as i know BREAKING mean brice open above resistance or below support

and you said "Of-course 149.24 was my live pending order "

means you want to BUY exactly at STRONG RESISTANCE not at breaking resistance.


and in strong resistanse almost we found reject price .. so how you r confident in this level ?? its really strange for me !!

any way i will countinue to learn from you because you already prove for us that u use profitable system.
Never sell @ lower upward channel unless breacked and vise versa .
  • #109
  • Apr 18, 2009 10:32am Apr 18, 2009 10:32am
Hi Guy's!
It's a 4-Hour chart of Gbd/Jpy
Well last night My Support Line didnt break which was 145.82 but it seems still good to me. So I,ll went short onthe break of My support line 145.82 in Upcoming week.
So 145.82 is my live Pending order!

I,ll went short on Gbd/Jpy onthe break of 145.82

Target +50 To +70 Pip's

See you guy's next week, Tradewell with Simplicity!
Pip!
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 36 KB
  • #110
  • Apr 18, 2009 12:51pm Apr 18, 2009 12:51pm
Quoting WedWed
http://http://www.forexfactory.com/a...1&d=1239721457

thanx my friend for replay..

as i know BREAKING mean brice open above resistance or below support

and you said "Of-course 149.24 was my live pending order "

means you want to BUY exactly at STRONG RESISTANCE not at breaking resistance.


and in strong resistanse almost we found reject price .. so how you r confident in this level ?? its really strange for me !!

any way i will countinue to learn from you because you already...
Yes i excatly want to buy at my S/R Levels & everytime i enter in my trade i always enter with confidence. Yea i know most of times price just taste the S/R Levels and retraces back but as i said i trade with some rules which i have posted with detail in my first post. Read them again. Thats why i close my trades with profit's most of time's.
Pip!
  • #111
  • Apr 20, 2009 4:00am Apr 20, 2009 4:00am
Quoting PipHacker
Hi Guy's!
It's a 4-Hour chart of Gbd/Jpy
Well last night My Support Line didnt break which was 145.82 but it seems still good to me. So I,ll went short onthe break of My support line 145.82 in Upcoming week.
So 145.82 is my live Pending order!

I,ll went short on Gbd/Jpy onthe break of 145.82

Target +50 To +70 Pip's

See you guy's next week, Tradewell with Simplicity!
Pip!

WoW It was a lucky day for Me & an excellent start of this week. Well last friday i post my this live Gbd/Jpy trade with live pending order and said i,ll go short onthe break of 145.82 coz it seems to me a strong support level. WoW Now see yourself. Well first i target for +70 Pip's but on daily chart another strong support level breaks with very good volatility so i let my profit runs. First i close with +100 Pips but make my entry again onthe break of support line in daily chart so close with excat +170 Pip's Profit. Even it drops more than that and still dropping Thats why i love the volatility of this Pair lol. It was one my my best trade with great set up & return. See the screenshot.
Pip!
Attached Image (click to enlarge)
Click to Enlarge Name: gj2.gif Size: 37 KB
  • #112
  • Apr 20, 2009 9:33am Apr 20, 2009 9:33am
Quoting trade4drop
Nice simple system http://vmlgsqrtyu.info
Thank's
Simplicity is the direct key to success. Now see My Live trades result's
Pip!
  • #113
  • Apr 21, 2009 3:36am Apr 21, 2009 3:36am
Hi Guy's
Well This month i have posted my 6-Live trade's as five winners and one loser with +333 Pip's so far in just 2-weeks(Last Month it was +675 Pips with 100% success ratio in 4-week's). Well i,ll not post more live trade's in my journal now as i am busy in my other activities and will come back to update My journal after sometime. Anyway's Here is my this months performance table. Catch you guy's later after sometime.
Pip!

Week # 01

1) Short On Usd/Jpy @ 96.90 Close With +50 Pip's

2) Long On Gbd/Chf @ 1.6438 Close With +55 Pip's

3) Short On Gbd/Jpy @ 145.80 Close With -50 Pip's


ToTal-----------------------------------------------
+55 Pip's
-----------------------------------------------------

Week #02

1) Short On Usd/Cad @ 1.2190 Close With +50 Pip's

2) Long On Gbd/Jpy @ 149.24 Close With +58 Pip's

--------------------------------------------------
Total +108 Pip's
--------------------------------------------------

Week #03

1) Short On Gbd/Jpy @ 145.81 Close With +170 Pip's

Still On......

-----------------------------------------------------
Total Pip's This Week == +170
----------------------------------------------

Week #04


Still On......

Total Pip's This Month --------------+333 Pip's
  • #114
  • Apr 22, 2009 10:08pm Apr 22, 2009 10:08pm
Quoting PipHacker
Hi Guy's
Here is the 4-Hour Chart Of Usd/Jpy. I have place My S/R Lines on it & looking forward to go!
Short OnThe Break Of 96.90
Target +20 to +50 Pip's depending On Volatility & My SL will also be tight
Let's see
Pip!

PIPHACKER:

Are you trading live or demo ?

thx!
  • #115
  • Apr 22, 2009 10:33pm Apr 22, 2009 10:33pm
Quoting jdcabona
PIPHACKER:

Are you trading live or demo ?

thx!

LIVE
Never sell @ lower upward channel unless breacked and vise versa .
  • #116
  • Apr 23, 2009 3:24am Apr 23, 2009 3:24am
http://img4.imageshack.us/img4/148/wexample.gif
  • #117
  • Edited 4:32am Apr 23, 2009 4:13am | Edited 4:32am
Yes your example is looking good with W-Shape candle formation but i dont trade on timeframes lower than 4-Hour. Anyways see more examples of W & M Shape candles formation from my side.
Pip!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: w.gif Size: 36 KB
Click to Enlarge Name: m.gif Size: 33 KB
  • #118
  • Apr 23, 2009 4:37am Apr 23, 2009 4:37am
Another recent W-Shape candles formation example
Pip!
Attached Image (click to enlarge)
Click to Enlarge Name: w2.gif Size: 36 KB
  • #119
  • Apr 23, 2009 5:04am Apr 23, 2009 5:04am
hi Piphacker, i have some difficulty recognising setups sometimes and only see it when price already crossed that point. think i still need practice.

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: simplicity.jpg Size: 158 KB
  • #120
  • Edited 6:02am Apr 23, 2009 5:23am | Edited 6:02am
Quoting spicymonkey
hi Piphacker, i have some difficulty recognising setups sometimes and only see it when price already crossed that point. think i still need practice.

cheers
Yes all you need is practice. Once you started to recognize candles formation with valid shapes which i have mentioned in my first post than you will also started to trade successfully like me. Now see screenshot you posted i have marked valid shapes in detail
Pip!
Attached Image (click to enlarge)
Click to Enlarge Name: simplicity.jpg Size: 171 KB
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