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Simple Trading Method with trader101

  • #2,641
  • Edited 5:25pm Nov 1, 2009 4:46pm | Edited 5:25pm
Hi all. I found this thread today while waiting for the open...very intriguing. I opened all 14 pairs as instructed at open. Just being able to watch them move all at once is already cool, I must say.


I shorted GJ..for obvious reasons, and EU because the u/chf is the only buy in profit (makes sense?)

anyway..I like and I havent even tried it for its real purpose yet.


edit: *I got out in profit before the reversal. Buys (bottom 7) started creeping up into those sells in top 7 as first sign of reversal...very nice.
  • #2,642
  • Nov 2, 2009 4:42am Nov 2, 2009 4:42am
Quoting trader101
Consult the ProfitCalc EA that i attached at Post #26 that will tell you the direction. make sure the indicated direction is steady not changing every now and then.
Hi everyone,

Thank you for T101 that sharing this method that seems fantastic!
I found this thread 10 day ago and was impressed.I'am still learning this method and trying to execute it on demo.I have first demo positions already (buy 14 pairs at 10 o'clock +3 GMT).Will see how proceed.

I have one question which is more important for trading and I did not found the answer after reading and re-reading all pages.The question is when "Profit Calc" give direction (for example LONG) how long we must to wait till execute all 14 pairs LONG?I ask everyone how many hours or minutes must to observ because this is more important for trading.Please, tell me as per your expirience!

Another question:"2Protect account" have sl 560p by default.But is there statistic or other think which give us information how frequently this sl 560p reached and is there possibility to put it less or high.I know Julius put it 560p as per him expirience, but the market get changing for a 1 year till now.

Thank you and happy trading!
  • #2,643
  • Nov 2, 2009 9:23am Nov 2, 2009 9:23am
9 hours later "2Protect account" closed all 14 LONGs on +100p abt.But when I put the orders 9 hours ago "2Protect account" gives unstabille signals - BUY, SELL, NONE.In this trading period my sl 560p was almost hit for a several pips.That's way I thing my profits 100p are by happy circumstance.

Happy pipsing!
  • #2,644
  • Nov 2, 2009 9:57am Nov 2, 2009 9:57am
Hi Fellow traders!
Hope,everybody is trading well in this new week. I have closed +637 Pips today. Hoping more in coming days.

Have a successful trading week.
  • #2,645
  • Nov 2, 2009 10:02am Nov 2, 2009 10:02am
Ive got a loss...
Start New IA at market Open... and bought basket at London session..
  • #2,646
  • Nov 2, 2009 10:04am Nov 2, 2009 10:04am
Quoting Forex_insane
Hi Fellow traders!
Hope,everybody is trading well in this new week. I have closed +637 Pips today. Hoping more in coming days.

Have a successful trading week.

You took short at London ?
  • #2,647
  • Nov 2, 2009 10:54am Nov 2, 2009 10:54am
Quoting Forex_insane
Hi Fellow traders!
Hope,everybody is trading well in this new week. I have closed +637 Pips today. Hoping more in coming days.

Have a successful trading week.
May you learn us abt your last trading with a picture.And do you use stop loss.Thank you!
  • #2,648
  • Nov 2, 2009 12:02pm Nov 2, 2009 12:02pm
Hello All,

I've been running the IA script just prior to each market session to get an idea of where that session will lead. I thought I saw a post where T101 discussed this procedure. Seems to work for me. Does this sound correct?

Thanks.
  • #2,649
  • Nov 2, 2009 12:22pm Nov 2, 2009 12:22pm
Are most people closing out their winning trades manually? Has anyone found this to be more profitable than letting the 2ProtectAccount EA manage the close?

Thanks again.
  • #2,650
  • Nov 2, 2009 12:36pm Nov 2, 2009 12:36pm
Quoting jicssbr
Are most people closing out their winning trades manually? Has anyone found this to be more profitable than letting the 2ProtectAccount EA manage the close?

Thanks again.
My "2Protect acc EA" closed all pairs with protect profit=30.Close manually still not tested by me.
  • #2,651
  • Nov 2, 2009 2:23pm Nov 2, 2009 2:23pm
Forex Flash,

Your contribution on f,f has always been appreciated, i was very intrigued with your last post and was hoping you would be kind enough to elaborate on your strategy.
  • #2,652
  • Nov 2, 2009 2:30pm Nov 2, 2009 2:30pm
No,i didn't go short because when i opened the new IA,that was showing short signal but i knew that the market is just showing the past week's old trend and i should let it run for 1-2 days,so i decided to wait.But when i saw that Buys are getting stronger then it was a sign of changing that old trend.So i jumped in to the market by going Long.

And i want to clear that most of the times,i am closing all my trades by 'CloseAll' script manually because i start planning to close them once i am +400 pips on Universal pairs and +200 on the original pairs.

Be Good.Be Successful.
  • #2,653
  • Nov 2, 2009 6:58pm Nov 2, 2009 6:58pm
Didn't realize it at the time I opened my live FXDD account, but FXDD doesn't appear to offer the NZDJPY pair. Is there another pair that I could use instead of the NDZJPY?

Thank you.
  • #2,654
  • Nov 3, 2009 1:58am Nov 3, 2009 1:58am
+450 pips this morning.. manual close.. took short from last week sell side.. and new IA at midnight that was show me this morning short..

Strange that Sundays IA till this moment show`s STRONg LOng.. ????
  • #2,655
  • Nov 3, 2009 2:41am Nov 3, 2009 2:41am
Forex Insine, thank you for replies.
As a newbie in this method I trying to be in fit with my second position.
I put sl 560p by default and protect my profits 30p.
"Profit calc" give SELL (strong)
I sell 8 pairs according "Profit calc", because dont want to wait all sells and buys to switch on their places.
I'am absolutely not sure that I get right position on the market at 0900 h +3 GMT
First picture - IA (indicator account)
Second picture - TA (trade account)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ia.gif Size: 128 KB
Click to Enlarge Name: ta.gif Size: 123 KB
  • #2,656
  • Nov 3, 2009 3:09am Nov 3, 2009 3:09am
Well as per previous post, "2Profit protect" close all on +30p.By chance or not.....not sure.Awaiting for next trade..............
  • #2,657
  • Nov 3, 2009 9:46am Nov 3, 2009 9:46am
Forex Insane (and anyone else),

I could use your help with a simple matter. In post #2635, you show two different account statements that have a little bit different pairs being traded. In one account (...709), you're trading the NZDJPY and NZDUSD pairs, but you're trading T101's original pairs in the other. I guess since FXDD doesn't offer NZDJPY that I should just use T101's original pairs, correct? BTW, does the account with NZDJPY and NZDUSD always make more money for you? If so, it seems I should find a broker who has the NZDJPY pair to trade. I guess the spread between the account profit balances could be due to the fact that the trades were entered at different times in the two accounts.

Do most of you trading this system use T101's original list of pairs that does not include the NZDUSD and NZDJPY?

Thanks a lot.
  • #2,658
  • Nov 4, 2009 2:27am Nov 4, 2009 2:27am
Now Buy and Sell switched it positions, but one of my mt4 (Profit calc) give - Long, another mt4 - None,what we choose Indicator "T101 v1.11 orest" give also Long on 1h 4h Daily.
  • #2,659
  • Nov 4, 2009 3:19am Nov 4, 2009 3:19am
When I attach the profit calc_R3 ea to my charts (any chart) the information appears for a second then the ea quits (as if closed and journal says it quit)? I have read through the first 100 pages of this thread and haven't found an answer. I have the same problem on demo and live platforms from different brokers so I must be doing something fundamentally wrong in the execution of this ea.

Can anyone please advise how I may get the profit calc ea to stay on the charts? Yea I know I probably overlooked something really simple but I just can't seem to get that ea to stick.

Any clue to a fix would be much appreciated.
  • #2,660
  • Nov 4, 2009 3:28am Nov 4, 2009 3:28am
Quoting Chodi
When I attach the profit calc_R3 ea to my charts (any chart) the information appears for a second then the ea quits (as if closed and journal says it quit)? I have read through the first 100 pages of this thread and haven't found an answer. I have the same problem on demo and live platforms from different brokers so I must be doing something fundamentally wrong in the execution of this ea.

Can anyone please advise how I may get the profit calc ea to stay on the charts? Yea I know I probably overlooked something really simple but I just can't seem...
Download Profit calc from first page, it must to locate in Expert folder (Program files/mt4/experts).Restart mt4 and update to last one.

btw, I'am buy all 14 pairs few minutes ago.
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