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EUR/GBP Trendmagic System

  • #3,061
  • Jun 24, 2009 9:48pm Jun 24, 2009 9:48pm
Quoting Edgetrader
Now, there has at least been an attempt to comply at least partially to your concerns.

The next step is yours. Trade the plan as designed on YOUR time and show YOUR charts proving it to be invalid. Meet us half way and everyone wins.

Regards.
Marlow Yip,

If you are really looking for help in understanding why this system is not working for you. Post your charts showing your entries and exits.

Then we can see where you might be having trouble. Show us where you have followed the system on the charts and where it failed. We are all trying to help each other be successful.
  • #3,062
  • Jun 24, 2009 9:52pm Jun 24, 2009 9:52pm
Quoting Edgetrader
A bit of the normal skepticism is apparent here, however, the poster has a point that needs to be conceded.

The plan is indeed a 5M base plan. However, its design is more in line with swing trading as opposed to scalping but that really is not the point. There are many that are supposed to be trading this thing, whether in a swing trade capacity, or as a scalping method on a daily basis.

I too have seen very few actual chart shots showing some effort in this regards. It would be of some benefit for others genuinely trading these plans to place...
Edge...you have a gift.....you know that already...but kudos. Trading is always in the realm of the trader. A perfect indi could be posted this second....some would win...others would get a margin call.

I would not know how to post a chart if I had a gun to my head...and thats OK...I dont care about all of that. I can not speak for the "system"...I can say that several of the indi's have given me a new perspective. I can also say that ur patient perspectives have given me an "edge". Perhaps that is why you are rightly named "EdgeTrader"
  • #3,063
  • Jun 24, 2009 9:55pm Jun 24, 2009 9:55pm
Quoting Edgetrader
A bit of the normal skepticism is apparent here, however, the poster has a point that needs to be conceded.

The plan is indeed a 5M base plan. However, its design is more in line with swing trading as opposed to scalping but that really is not the point. There are many that are supposed to be trading this thing, whether in a swing trade capacity, or as a scalping method on a daily basis.
Edgetrader,

Great post. One of the best ways I have heard it explained is that you short-term trade to create income and you swing trade to create wealth.

Thanks for all your hard work and your constant posting.

rptrader
  • #3,064
  • Jun 24, 2009 10:23pm Jun 24, 2009 10:23pm
Quoting redhouse
Believe if I had tried something for over 6 years and still dissatisfied with the results might decide I was unsuited for that endeavor.

That would be my socially correct response.
Well Im on my last leg now. I have tried many EA's I have tried and tested many trading systems. Forex established its retail market in the last 10 years. The thought of 100:1 made me strive very hard to continue. In my opinion I think Forex is unsuited for the retail market. If I was wrong then someone could show me stats that they have consistantly gained a profit. Guess What? I have NEVER seen a statement that was LIVE that showed consistant profits. Look there are no responses to my inquiry of statements. 95% of traders lose. who are the 5%? People that already have millions of $'S and can trade a long term system, but for people that have jobs and small amounts of money, you dont have a chance!
Market Makers are the best
  • #3,065
  • Jun 24, 2009 10:31pm Jun 24, 2009 10:31pm
Quoting Edgetrader
Now, there has at least been an attempt to comply at least partially to your concerns.

The next step is yours. Trade the plan as designed on YOUR time and show YOUR charts proving it to be invalid. Meet us half way and everyone wins.

Regards.
That is the best response that I have had so far. But honestly If I was rollin in the money I would have no problem showing a live statement. If anyone was I bet they would produce even one. Anyway, I will post my charts when I have a chance to show as examples. Thanks
Market Makers are the best
  • #3,066
  • Jun 24, 2009 10:31pm Jun 24, 2009 10:31pm
Quoting Marlow Yip
Well Im on my last leg now. I have tried many EA's I have tried and tested many trading systems. Forex established its retail market in the last 10 years. The thought of 100:1 made me strive very hard to continue. In my opinion I think Forex is unsuited for the retail market. If I was wrong then someone could show me stats that they have consistantly gained a profit. Guess What? I have NEVER seen a statement that was LIVE that showed consistant profits. Look there are no responses to my inquiry of statements. 95% of traders lose. who are the 5%?...
Marlow...don't take this on a personal level...just listen to what I am saying....cash out your account if anything is left and do something else. I really think it sucks that you lost your money...Im serious. Move on...do sometihng else. I don't even know you...BUT I would give someone I knew very well the same advice. Peace!
  • #3,067
  • Edited 10:35pm Jun 24, 2009 10:33pm | Edited 10:35pm
Quoting Jbomb21990
Edge...you have a gift.....you know that already...but kudos. Trading is always in the realm of the trader. A perfect indi could be posted this second....some would win...others would get a margin call.

I would not know how to post a chart if I had a gun to my head...and thats OK...I dont care about all of that. I can not speak for the "system"...I can say that several of the indi's have given me a new perspective. I can also say that ur patient perspectives have given me an "edge". Perhaps that is why you are rightly named "EdgeTrader"...
You sound like you just got out of a seminar at 4x made easy.

By the way Goofball I didnt lose my money. You will see kid.
Market Makers are the best
  • #3,068
  • Jun 24, 2009 10:49pm Jun 24, 2009 10:49pm
Quoting Jbomb21990
Marlow...don't take this on a personal level...just listen to what I am saying....cash out your account if anything is left and do something else. I really think it sucks that you lost your money...Im serious. Move on...do sometihng else. I don't even know you...BUT I would give someone I knew very well the same advice. Peace!
Marlow, I say the opposite .. the only way to fail is to quit. I am struggling too and have a very small amount of money to play with, but I will not quit .. because I know there are people who have parlayed small accounts into huge accounts trading forex, just because they never gave up.

You are new to this thread .. stick with us in here, keep an open mind, I think there are people in here who can help you. They have already made a huge difference to my trading in the past couple of weeks.(and I have also been doing this 6 years as well, the last 2 in forex) These are good people, they can & will help you.

One thing .. I hope you are trading a micro account .. with money you can afford to lose over & over again if necessary. I wish someone had made me understand that in the beginnning. I jumped in with too much money in relation to what I could afford to lose .. and that hurt. Now I trade a micro because even if I blow it again & again, I can afford to continue and once I have mastered it (and the last thing to master is me .. myself.. not my trading which I know quite well how to do) then I can parlay it into the account size I want to provide income and security.

It is possible .. people have done it and are doing it. Listen to Edge and how he just makes his 50 pips a day. This is not difficult, I have started doing it consistently as well .. for the first time ever .. consistently.

50 pips a day, with compounding, will turn a $100.00 micro account into a $20k standard account within a year. I'll post a spreadsheet later showing how this happens. But you may already know that.

You have to want this more than anything .. want it so much you are willing to watch yourself fail again & again because you 'know' that others have failed .. and now they are hugely successful. It can & will happen. Stick with us.. but please just trade micro lots and let the natural progression take place.

As Tudor Girl said in a previous post .. we are in this together and no one will be left behind.
******************* I'd rather make money than be right.
  • #3,069
  • Jun 24, 2009 10:52pm Jun 24, 2009 10:52pm
Quoting Edgetrader
A bit of the normal skepticism is apparent here, however, the poster has a point that needs to be conceded.

The plan is indeed a 5M base plan. However, its design is more in line with swing trading as opposed to scalping but that really is not the point. There are many that are supposed to be trading this thing, whether in a swing trade capacity, or as a scalping method on a daily basis.

I too have seen very few actual chart shots showing some effort in this regards. It would be of some benefit for others genuinely trading these plans to place...

Hi DEAR mate

Where Is your system to download.
  • #3,070
  • Jun 24, 2009 10:58pm Jun 24, 2009 10:58pm
Quoting Marlow Yip
You sound like you just got out of a seminar at 4x made easy.

By the way Goofball I didnt lose my money. You will see kid.
LOL...ya sure you didn't.....whatever....ur on ignore now. Peace
  • #3,071
  • Jun 24, 2009 11:29pm Jun 24, 2009 11:29pm
Quoting wajid
Hi DEAR mate

Where Is your system to download.
Start at the beginning of this thread and read through the posts .. you will learn what we are doing. All indicators are already posted in this thread.
******************* I'd rather make money than be right.
  • #3,072
  • Jun 25, 2009 12:29am Jun 25, 2009 12:29am
Finally some fun in here and something to laugh at.
  • #3,073
  • Jun 25, 2009 12:49am Jun 25, 2009 12:49am
hope that people who is trading made some pips on EJ
Attached Image (click to enlarge)
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  • #3,074
  • Jun 25, 2009 1:48am Jun 25, 2009 1:48am
Quoting Edgetrader
....

The plan is indeed a 5M base plan. However, its design is more in line with swing trading as opposed to scalping but that really is not the point. There are many that are supposed to be trading this thing, whether in a swing trade capacity, or as a scalping method on a daily basis.
Lots of viable options are available in this thread. Lets just act to be better than government and actually offer transparency to our efforts.

Regards.
Morning Edge!
I wonder can you share inputs (parameters) for indicators for 1H charts using your modified system?
The Road appears under the steps of walking men...
  • #3,075
  • Jun 25, 2009 1:49am Jun 25, 2009 1:49am
Hi

I will create systems answer emails and pvt messages Ive even been known to get on the phone....I will post charts with detailed entry and exits I post losing as well as winning trades but I will never post a live account.

I have nothing to prove Im not employed by any one on this forum...and hence I owe no one here nothing....... but I give every thing else.

if your losing on so may trades and signals you MUST post your charts with entries PLEASE I dont like to think of any one struggling and getting no help

P

try putting a 1min HG on your 5min chart and using that to trigger trades dont forget for longs the close must be above the TM line
Attached Image (click to enlarge)
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  • #3,076
  • Jun 25, 2009 1:57am Jun 25, 2009 1:57am
The next 7 weeks is crunch time for me..this time 12months ago I put every thing I hold dear at risk..and right now my wife is going through hell with so many women walking around in summer clothes..albeit she is a beautiful stunning blonde her self esteme is zero and she is in limbo

If i disappear for a few weeks dont worry I will be back itl just be that the bed sit im in doesn't have Internet


Soooooooooo I wont argue here on this forum ..just stay focus ask questions if your struggling we will all try to help

P
  • #3,077
  • Jun 25, 2009 2:05am Jun 25, 2009 2:05am
Quoting Paulus
Hi

I will create systems answer emails and pvt messages Ive even been known to get on the phone....I will post charts with detailed entry and exits I post losing as well as winning trades but I will never post a live account.

I have nothing to prove Im not employed by any one on this forum...and hence I owe no one here nothing....... but I give every thing else.

if your losing on so may trades and signals you MUST post your charts with entries PLEASE I dont like to think of any one struggling and getting no help

P

try putting a 1min HG on your...
Paulus, I hope you don't feel unappreciated here. I think that there are many on thread alone who are learning much from your system and support, I know I am one of those.
Wish you all the best mate! http://www.forexfactory.com/images/icons/icon10.gif

Cheers
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #3,078
  • Jun 25, 2009 2:09am Jun 25, 2009 2:09am
Quoting nuancom
hope that people who is trading made some pips on EJ
Honestly, you discovered one of the good methods of trading.
Good job.

D.
  • #3,079
  • Jun 25, 2009 2:10am Jun 25, 2009 2:10am
Use Mark1 and Mark2 for details
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Jun. 25 09.04.gif Size: 17 KB
" Never let the past hold the future to ransom "
  • #3,080
  • Jun 25, 2009 2:27am Jun 25, 2009 2:27am
Quoting TudorGirl
Hi Everyone

I am still determined to crack the M5/M1, but while I am doing so, I am trading the H1, as you know from my recent posts.

Chart attached -- Just an example of my H1 setup.

Couldn't be simpler. Just Price + Pivots + Vorticity.

Note that even allowing in the worst case for the 2 previous bar repaints, the system is still generally quite profitable on the higher TFs.

Anne
I'm beginning to think this is the way to go.....nice chart, less stress.
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