Simple Trading Method with trader101 | Page 134 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

trader101 method based trades 12 replies

Trader101 Method Back Testing Tool Q+A 16 replies

Setting up the Basics for Trader101 style trading. 28 replies

Attachments: Simple Trading Method with trader101
Exit Attachments

Simple Trading Method with trader101

  • #2,661
  • Nov 4, 2009 4:30am Nov 4, 2009 4:30am
Hi Buddies.
I closed +3057 Pips on my accounts,since yesterday. So total no.of Pips for this week has reached +3694.

Quite A profitable trading week. I would like to see others' results too.So please post them here.

Have a Good Trading.
  • #2,662
  • Edited 4:37am Nov 4, 2009 4:35am | Edited 4:37am
Yes Jicssbr! you understood correctly. I am using original pairing and Universal as well,but its true that Universal pairs always provide more profit than the other one.

Cheer Up.
  • #2,663
  • Nov 4, 2009 5:11am Nov 4, 2009 5:11am
Quoting Forex_insane
Hi Buddies.
I closed +3057 Pips on my accounts,since yesterday. So total no.of Pips for this week has reached +3694.

Quite A profitable trading week. I would like to see others' results too.So please post them here.

Have a Good Trading.
I surprised that my trading closed few minutes ago (start 1030 h, end 1230 h) on 12 usd profit maybe because not adjust good settings in "2Protect account ea".
There are :
Profit stop loss= -5600 (this mean that I'am almost without sl )
Take profit=100
Enable locking=true (maybe here is the problem and must to be FALSE)

Look at the picture below this morning trading.

Forex Insine, please advice your settings in "2Protect account ea" and are you look some mistakes from my side.Thank you and congratulations for hughes pips

ohh sorry, one more question, do you make scalping on this method and do make it as per Julius rules or with indicator T101 orest?
Attached Image (click to enlarge)
Click to Enlarge Name: trading 041009.gif Size: 189 KB
  • #2,664
  • Nov 4, 2009 7:37am Nov 4, 2009 7:37am
A little bit of a warning for new folks...I placed the IA demo account trades on Monday just before the Asian market and within just a few minutes, the trades "seemed" to be indicating I should go Long. I placed the 14 Long trades and ended up losing about 150 pips before closing the trades. It's best to wait for a while to see the true market picture. I was obviously looking at the IA trades during a time of retracement...

=)
  • #2,665
  • Nov 4, 2009 7:43am Nov 4, 2009 7:43am
The BUYs are moving to the top in the Profits column, but we also have an FOMC announcement today and then NFP announcement on Friday. I'm not sure it's correct, but I always wait for ALL of the BUYS and SELLS to group together before I enter the live trades.

Forex Insane, do you enter your IA account trades each Sunday at market open rather than entering them before certain market sessions several times a week?

Also, maybe you could post here each week when you enter your live trades. That would be wonderful training and insight for me as well as others if it's not too much trouble.

Finally, anyone know of a chat for this system like in Paltalk or Skype?

Thanks. =)
  • #2,666
  • Nov 4, 2009 7:47am Nov 4, 2009 7:47am
Quoting jicssbr
The BUYs are moving to the top in the Profits column, but we also have an FOMC announcement today and then NFP announcement on Friday....
I have the same question due to hard starting of learning this system
  • #2,667
  • Edited 8:55am Nov 4, 2009 8:54am | Edited 8:55am
Hi.
I have one IA old enough. And one IA i open at the opening of the market on Sunday(time as per your broker).
And one very important thing is that we should follow the signals of that new IA,only after 1-2 days. Its so childish to follow the signals which are coming out just after few hours of opening that new IA.When i opened new IA this week,i got SELL signal just after few hours,but i didn't enter and i am happy that i did so.

Good Luck.
  • #2,668
  • Nov 4, 2009 9:16am Nov 4, 2009 9:16am
Quoting Forex_insane
Hi.
I have one IA old enough. And one IA i open at the opening of the market on Sunday(time as per your broker).
And one very important thing is that we should follow the signals of that new IA,only after 1-2 days. Its so childish to follow the signals which are coming out just after few hours of opening that new IA.When i opened new IA this week,i got SELL signal just after few hours,but i didn't enter and i am happy that i did so.

Good Luck.
Thank you very much Forex Insine, Julius recomend exact as you said:wait day or two after market opening.I will follow advice for old IA, this is new think for me.Sometimes I will try to make scalp for 2 or 4 pairs.
I misunderstood correctly:are you make trading as per old IA till waiting new IA to give the signals? If this stupid question I apologies

Happy resting!
  • #2,669
  • Nov 4, 2009 10:21am Nov 4, 2009 10:21am
I have 2 SL this week.. so I`am break even this week.. but maybe tommorow I will catch some pips..
  • #2,670
  • Nov 4, 2009 1:09pm Nov 4, 2009 1:09pm
Quoting Empori
Thank you very much Forex Insine, Julius recomend exact as you said:wait day or two after market opening.I will follow advice for old IA, this is new think for me.Sometimes I will try to make scalp for 2 or 4 pairs.
I misunderstood correctly:are you make trading as per old IA till waiting new IA to give the signals? If this stupid question I apologies

Happy resting!
Dear Empori! The old IA is only to check the old long term trend. But i always trade with the help of new IA which i open in the starting of new week.And we should wait 2-3 days and even for whole week,if we don't get any strong signal by that new IA. Its not important to be in market,the important is to be 'with less risk and high rewards' probability'.

Enjoy.
  • #2,671
  • Nov 4, 2009 1:23pm Nov 4, 2009 1:23pm
Quoting Forex_insane
Dear Empori! The old IA is only to check the old long term trend. But i always trade with the help of new IA which i open in the starting of new week.And we should wait 2-3 days and even for whole week,if we don't get any strong signal by that new IA. Its not important to be in market,the important is to be 'with less risk and high rewards' probability'.

Enjoy.
Thank you Forex insane, a few years ago I was on market for any price in any time................it was catastrophy Now is different, this method absolutely different too.

Have nice day/night!

p.s. awaiting pairs to full switch the places, perhaps this evening or tmrw morning (i am +3 gmt)
  • #2,672
  • Nov 4, 2009 1:44pm Nov 4, 2009 1:44pm
Hello Forex Insane,

Still studying...

I noticed that you (in your most recent account statements) don't trade the USDCHF and EURGBP pairs in the opposite direction when placing the 14 live trades once you know the IA trend. The scripts I got from this forum place trades for 12 Buys or 12 Sells with the USDCHF and the EURGBP trades placed in the opposite direction of the other 12 pairs/trades. Which is correct?

Thanks.
  • #2,673
  • Nov 4, 2009 4:03pm Nov 4, 2009 4:03pm
Hello guys,

I really appreciate that you are making this thread more vibrant than it was before. However, I have notice that most of the postings are now bordering showing-off rather then helping others.

I would really appreciate if you hold your posts if you feel that it has NO educational relevance to it. This thread is getting longer unnecessarily and it becomes annoying reading all those nonsensical reporting of what you profited. This is a thread for a system not some journal of some traders. Please respect the reason why we are here.

If you think you need to tell the world that you are making good in this system and that you can record it for posterity, may I suggest you open a Trading Journal in another section of this forum.

For those that are asking, do you mind sending a private message to the person you want to ask rather than posting your questions here. I might put you in my ignore list thus suspending your privilege to post in this thread.

In summary, be considerate for other that may come behind you and read this thread.

Happy trading,

Julius
  • #2,674
  • Nov 5, 2009 3:54am Nov 5, 2009 3:54am
Fellow Traders.
I think we all should follow Julius' Advice. As far as concerned to me,i have decided that i will not post any result here.

Have a nice trading.
  • #2,675
  • Nov 5, 2009 6:39am Nov 5, 2009 6:39am
Julius, clearly undestood you, will move in Trading Section, thank you for sharing this method.

Have a nice trading!
  • #2,676
  • Nov 5, 2009 9:14am Nov 5, 2009 9:14am
is it possible for someone who clearly understands this to make a easy to understand video and post it here

it may save alot of question been asked
"The person who knows that enough is enough, will always have enough". .
  • #2,677
  • Nov 5, 2009 10:55am Nov 5, 2009 10:55am
Hi,

Yes it is good idea, but already done (Post #360), but
was there any changes in the strategy since this videos?

I think yes!

So traders can somebody make a new video and notice, all the settings and experienced things of this method.

Thanks for All trader to help and Julius to shared this method with us.

I'm now practicle it with a real FXopen micro account, but not sure that I cached all the things... I have traded all the sessions but the london session is my favorite right now.

Julius: Do you recommend any indicators to use with the method, like T101_v1.14_Orest, or BuySellBasket indi, and there are many others.
Thanks


Quoting maq
is it possible for someone who clearly understands this to make a easy to understand video and post it here

it may save alot of question been asked
  • #2,678
  • Nov 5, 2009 8:56pm Nov 5, 2009 8:56pm
Hey everyone, instead of people cluttering up this thread with questions, I suggest that anyone who is interested becomes members of a skype chatroom, where issues can be resolved, and we can all improve...
  • #2,679
  • Nov 6, 2009 2:37am Nov 6, 2009 2:37am
Quoting emios
Hey everyone, instead of people cluttering up this thread with questions, I suggest that anyone who is interested becomes members of a skype chatroom, where issues can be resolved, and we can all improve...
There a such scype chat room somewhere in the middle of the thread, but i think not work already.I am agree with the idea, i'am IN.
  • #2,680
  • Nov 6, 2009 3:07am Nov 6, 2009 3:07am
I have a question concerning 2protect account. I have that ea running on all charts right now live and it is show somewhat more profit in the basket than there really is? At this moment it is showing $105 profit and my log shows $96 profit. I am on MB Trading where there is a small commission is it that 2protect perhaps not allowing for the commission? It is a small thing I know I am just curious as there is not much difference.

Anyone that can shed some light on this would be appreciated.
3 traders viewing now