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EUR/GBP Trendmagic System

  • #3,081
  • Jun 25, 2009 12:48am Jun 25, 2009 12:48am
Quoting Gleneagles
Use Mark1 and Mark2 for details
Apologies, I posted from a chart with old FF indi on. Need to check out Mark1 and Mark2.

Here is chart with MTF.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_06 Jun. 25 09.42.gif Size: 16 KB
" Never let the past hold the future to ransom "
  • #3,082
  • Jun 25, 2009 12:58am Jun 25, 2009 12:58am
I am one of the reasonably silent numbers who are following this thread with extreme interest and learning heaps. For that I thank Paulus, Anne, Edge and others who contribute and help. My first task of the day is to load this thread and read the latest additions. Fortunately I have followed it from early days - I would not like to try and catch up now!

I am busy trying various ideas presented on the thread but regardless of the indictors used and the chart setups, I can always see in retrospect, where a good entry was but it seems that I was not watching at the moment a trade was signalled. Apart from sitting glued to the computer all day and night, is there any way in which we can be alerted to a trade? I have tried alerts on other strategies/indicators before but they always seemed to lag to the extent that their value was limited.

Any suggestions or thoughts would be appreciated. Is it a matter of luck that a good trade is noticed or just sheer patience and perseverance?
  • #3,083
  • Jun 25, 2009 1:11am Jun 25, 2009 1:11am
Morning All,

Just woken up (0900 UK time) having slept through the entire London open! I couldn't face getting up at 0530 and watching the M5/M1 tick painfully up and down.

Woke up to find my short of the USDCHF H1 nicely in profit. Have moved my stop to lock in +20 even if I crash and burn now. TP is 0880 or +90 pips.

Anne
  • #3,084
  • Jun 25, 2009 1:19am Jun 25, 2009 1:19am
GBP trade.


I have posted a lot of trades with screenshots, live account trade information etc. I have a point of view regarding this trading method, not a point to prove. You decide whether you want to roll the dice after proper evaluation. I have already made up my mind whether I think this method works for me.

I am not going to post any more trades, we look at the same charts and you can spot all the entries as well as I do.

My advice, for what it is worth, at least try it, even if you decide that you are not comfortable with this method, you have hopefully learned something during the process.

I will cut of the test today and analyze all the information. Total trades 237 in total, it will take some time to extract what I am looking for. Once done, I will post it on the forum.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_03 Jun. 25 09.28.gif Size: 6 KB
" Never let the past hold the future to ransom "
  • #3,085
  • Jun 25, 2009 1:22am Jun 25, 2009 1:22am
Quoting TudorGirl
Morning All,

Just woken up (0900 UK time) having slept through the entire London open! I couldn't face getting up at 0530 and watching the M5/M1 tick painfully up and down.

Woke up to find my short of the USDCHF H1 nicely in profit. Have moved my stop to lock in +20 even if I crash and burn now. TP is 0880 or +90 pips.

Anne
Hhhmmm.... and you said that you want to learn to trade????

Nice one, resistance levels stood firm.
" Never let the past hold the future to ransom "
  • #3,086
  • Jun 25, 2009 1:24am Jun 25, 2009 1:24am
Quoting Gleneagles
Apologies, I posted from a chart with old FF indi on. Need to check out Mark1 and Mark2.

Here is chart with MTF.
Hi Glen,

Not sure what mark 1 and mark 2 is????

It appears the MTF indy was red across the board from before 7 GMT...where did you enter and exit?
  • #3,087
  • Jun 25, 2009 1:27am Jun 25, 2009 1:27am
Quoting ozziedave
Hi Glen,

Not sure what mark 1 and mark 2 is????

It appears the MTF indy was red across the board from before 7 GMT...where did you enter and exit?
Look at trade info on screenshot posted.
" Never let the past hold the future to ransom "
  • #3,088
  • Jun 25, 2009 1:35am Jun 25, 2009 1:35am
Quoting Edgetrader
Good question!

Someone post a constant range 5m chart shot and we can all decide it's value as opposed to renko together.

Regards.
Hi Edge,

Here's a CRB chart of GU I took late last night ( UK time).

I'm using 3 pip range.

Regards
Pardy
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 17 KB
  • #3,089
  • Jun 25, 2009 1:53am Jun 25, 2009 1:53am
Hi all

I want to encourage us all with the daily trade posts.

This is the beginning of the GU trade this morning

kos
Attached Image (click to enlarge)
Click to Enlarge Name: gustart.gif Size: 23 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #3,090
  • Jun 25, 2009 2:06am Jun 25, 2009 2:06am
Hi all,

this is the end of the GU trade

GU 5min, Original indicators, original rules as in post #1

sell @ 1.64226
exit @ 1.63042

GU +116 green fresh pips

Kos
Attached Image (click to enlarge)
Click to Enlarge Name: gustend.gif Size: 22 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #3,091
  • Jun 25, 2009 2:07am Jun 25, 2009 2:07am
Any suggestions or thoughts would be appreciated. Is it a matter of luck that a good trade is noticed or just sheer patience and perseverance?[/quote]

I trade on average 4-5 hours a day.

It is pointless and soul-destroying sitting with your nose against the monitor for 18 hours a day. I trade 2-3 hours during LDN session and at times 1-2 hours during the US session. I am lucky that I live in a timezone that covers the " best " trading times.

By only targeting a fixed and limited trading window, it helps to stay focused.

In addition, I only trade 4 days a week during one month, the next month I trade 5 days a week and take a week of. I want to extend my " shelf life " as a trader!

If you target your trading times, pick 1-2 pairs only to trade, you will find that it is easy to focus and not miss good trading opportunities.

Sure, a bit of luck does not do any harm but to be successful in trading, you have to treat it like a business or a valuable job.

Wow, I am starting to sound like those improve-your-golf-handicap, lower-your-cholesterol, become-a-better person courses!

In any case, it works for me.
" Never let the past hold the future to ransom "
  • #3,092
  • Jun 25, 2009 2:08am Jun 25, 2009 2:08am
Regarding your post 2831:
could you please post the trix indicator you used ?
(I found way too many)
Would be great! Tku!
  • #3,093
  • Jun 25, 2009 2:10am Jun 25, 2009 2:10am
Quoting dedee
the strategy with 80% every month, i need fund to trade on 5050 to raise some starting capital for myself and then teach you my strategy for free after 6 month ,moreover i have trade track record. get to me if u accept this at [email protected]

lucky
Go spam somewhere else!
" Never let the past hold the future to ransom "
  • #3,094
  • Jun 25, 2009 2:13am Jun 25, 2009 2:13am
Quoting globalinvest
Regarding your post 2831:
could you please post the trix indicator you used ?
(I found way too many)
Would be great! Tku!
I found it here on the thread, open the attachment tab, one is a MTF Trix, the other a plain vanilla one, both should work, just change the settings.
" Never let the past hold the future to ransom "
  • #3,095
  • Jun 25, 2009 2:17am Jun 25, 2009 2:17am
Thank you.
  • #3,096
  • Jun 25, 2009 2:19am Jun 25, 2009 2:19am
Quoting Gleneagles
Any suggestions or thoughts would be appreciated. Is it a matter of luck that a good trade is noticed or just sheer patience and perseverance?
I trade on average 4-5 hours a day.

It is pointless and soul-destroying sitting with your nose against the monitor for 18 hours a day. I trade 2-3 hours during LDN session and at times 1-2 hours during the US session. I am lucky that I live in a timezone that covers the " best " trading times.

By only targeting a fixed and limited trading window, it helps to stay focused.

In addition, I only trade 4 days a week during one month, the next month I trade 5 days a week and take a week of. I want to extend my " shelf life " as a trader!

If you target your trading times, pick 1-2 pairs only to trade, you will find that it is easy to focus and not miss good trading opportunities.

Sure, a bit of luck does not do any harm but to be successful in trading, you have to treat it like a business or a valuable job.

Wow, I am starting to sound like those improve-your-golf-handicap, lower-your-cholesterol, become-a-better person courses!

In any case, it works for me.[/quote]

Good advice, Glen. Better chance of avoiding possible chop as well.

For me, its hard to focus on more than 2 pairs, thats when u miss entries by going above that, but that's just me!

Regards
Pardy
  • #3,097
  • Jun 25, 2009 2:20am Jun 25, 2009 2:20am
Hi all

EURGBP 5min, original indicators, original rules as in post #1

Buy EG @ 0.84905
Exit @ 0.85440

EG +54 green pips

kos
Attached Image (click to enlarge)
Click to Enlarge Name: egend.gif Size: 21 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #3,098
  • Jun 25, 2009 2:20am Jun 25, 2009 2:20am
Quoting Gleneagles
I found it here on the thread, open the attachment tab, one is a MTF Trix, the other a plain vanilla one, both should work, just change the settings.
I have not used the Trix before and figured that there may be more than one way to trade it. It looked good on day one because of decent PA but GBPJPY beat me up a few times yesterday ( wrong day to trade )

Will fiddle with it again next week if I get a chance.
" Never let the past hold the future to ransom "
  • #3,099
  • Jun 25, 2009 2:36am Jun 25, 2009 2:36am
Let those who doubt keep on doing so and those who are making pips keep on doing so

Whatever trades I post here are from my real account. I dont do ghost trading

Look, believe and be encouraged

TOTAL for the day +172pips. Daily target overshot by far

see you all tomorrow

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,100
  • Jun 25, 2009 2:39am Jun 25, 2009 2:39am
Quoting Kosomolate
Let those who doubt keep on doing so and those who are making pips keep on doing so

Whatever trades I post here are from my real account. I dont do ghost trading

Look, believe and be encouraged

TOTAL for the day +172pips. Daily target overshot by far

see you all tomorrow

kos
Well done, good trades..well managed!
" Never let the past hold the future to ransom "
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