TraCop-1% | Page 34 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: TraCop-1%
Exit Attachments

TraCop-1%

  • #661
  • Feb 9, 2010 7:33am Feb 9, 2010 7:33am
11
Quoting Forexcube
Homework

See alpari uk the following account, please.

Open Trades
Account no. 1409499
Investor Code: du6ayil

How would you trade the next days to solve this problem and get back to your 15'000.-$ Account? -> I would not trade necessarily the next day if that day would be e.g. an NFP day or a friday. Don't trade to "take back from the market" Patience is a good virtue..

Which timeframe might be the best for solving this problem (Equity is only 10'441.11 $, see open trades, too, please)? [color=Purple]I would...
  • #662
  • Edited 9:19am Feb 9, 2010 9:02am | Edited 9:19am
Homework

See alpari uk, please
Account no. 1409499
Investor Code: du6ayil

Look at all 0.5 Lot and 1.0 trades

What chart could be used for these trades?

Are these short trades or rather long time trades?

If you think all 0.5 and 1.0 Lot trades are market enters on daily chart analysis, which one of these might have better arguments to go in the market and which one aren't rather excellent, than the other ones?

When you have time it is in your opinion to post daily charts and arguments here on this thread.

(Another idea could be go out with all open trades just now, then you have earn within less than 1 hour 267.98 $ :-)

Kindest regards

Forexcube
Attached Image (click to enlarge)
Click to Enlarge Name: Account, 2010 February 09.jpg Size: 195 KB
  • #663
  • Edited 4:59pm Feb 9, 2010 9:09am | Edited 4:59pm
Quoting ludo willems
I would not trade necessarily the next day if that day would be e.g. an NFP day or a friday. Don't trade to "take back from the market" Patience is a good virtue..

Hello ludo willems

Excellent idea! One of the best!

Kindest regards

Forexcube
  • #664
  • Edited 4:57pm Feb 9, 2010 9:17am | Edited 4:57pm
Quoting ms119
Yellow ==> I would agree with the trade
Green ==> I do not understand
Red ===> I would not trade

When your mouse touches on of these lines you will see a note! Questions, arguments, etc.

Hello ms119

Excellent ideas!

Congratulation.

Most of the green ones are random trades, really nothing to do with TraCop System.

Yellow trades have to do with TraCop System. Right!

The red ones are absolutely unrealistic trades. Right!

Green trades have no specific power of arguments for making a market order. Right!

Good work!

Thank you ms119 that you've taken the time to answer.

Next time I make only 5 orders with a time chart. So we have a better synoptic view, if desired!

Kindest regards

Forexcube
  • #665
  • Edited 5:20pm Feb 9, 2010 4:55pm | Edited 5:20pm
EURUSD, Daily

"TraCop-System"
(Trading System and cope around 1% of deposits)

You see the price action on relationship to the EMA's. It doesn't really matter what type of TraCop indicator (GannHiLo, EMA9/20 crossover; EMA20) you use.
When traded properly, you can be consistently profitable with TraCop. The best thing about TraCop is that since you're usually use the "multiple time frame look", support and resistance line, the ADX values, your risk on your trades are very small to your potential reward.

(Preferred trade: P1 - Enter Short).

Kindest regards

Forexcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, Daily, 2010 February 09.jpg Size: 417 KB
  • #666
  • Feb 9, 2010 5:24pm Feb 9, 2010 5:24pm
80% maximal drawdown in 1 or 2 months?

Say NO to drugs and shrooms and weed
  • #667
  • Feb 9, 2010 5:47pm Feb 9, 2010 5:47pm
Quoting Ulterior
80% maximal drawdown in 1 or 2 months?

Say NO to drugs and shrooms and weed
Hello Ulterior

When you read this thread you must have notice that all other accounts before was made with max. 2% drawdown and an enormous value of consecutive wins.

Okay, why do you think come here on this thread now and make it bad.

Topically applied your statement!

Several comments before I have noted that MM and RM could be handled flexible with *TraCop-System" by advanced traders and so this account is the first one which will provide evidence of it.

Have you now understand a little more?

So collect refuse your drugs and shrooms and weed and keep it to yourself and let the chips fall where they may!

Kindest regards

Forexcube
  • #668
  • Feb 10, 2010 5:25am Feb 10, 2010 5:25am
Hi Forexcube!

I still have problems to identify the following:

Sideway markets
using of your multiple timeframe search for signals or resistent/support lines

If it is possible to make a short video with text to explain those things for me and/or others!!!!

Many thanks for your time and effort! You did a great job!!! I have learnt so much in this thread!!!

Manuel
  • #669
  • Feb 10, 2010 7:42am Feb 10, 2010 7:42am
I also have a question about entering the market. Lets say the m5 tf the ema 9 is crossing the ema 20....do I look at the m15 m30 and h1? what do I look for? am I looking for all the other tf's to be heading up?

Its just after i see a cross...then what? enter?

OR

what am i looking for on the other tf's?
  • #670
  • Edited 8:39am Feb 10, 2010 7:56am | Edited 8:39am
Money & Risk-Management
To contravene the rules

Homework

Look at the Demo Account, please

Account no. 1409499
Investor Code: du6ayil

Could you determine the date (the datum level) till MM and RM has running out off the rudder?

What kind of feelings might be dominated the trader?


In the meantime read following articles, please:

Be a Forex Trader, not a Forex Sucker:
http://www.babypips.com/school/forex_scams.html

The Number One Cause of Death for Forex Trader
http://www.babypips.com/school/leverage_the_killer.html


Kindest regards

Forexcube
Attached Image
Attached File(s)
File Type: pdf Demo Minus, 2010 February 10.pdf   165 KB | 218 downloads
  • #671
  • Feb 10, 2010 8:08am Feb 10, 2010 8:08am
Why Demo Accounts are bullshit!

See attachment, please

In Demo Accounts you can have a minus equity and your account won't be closed!

Kindest regards

Forexcube
Attached File(s)
File Type: pdf Demo Account, 2010 February 10.pdf   161 KB | 234 downloads
  • #672
  • Edited 8:35am Feb 10, 2010 8:16am | Edited 8:35am
Quoting ms119
Hi Forexcube!

I still have problems to identify the following:

Sideway markets
using of your multiple timeframe search for signals or resistent/support lines

If it is possible to make a short video with text to explain those things for me and/or others!!!!

Many thanks for your time and effort! You did a great job!!! I have learnt so much in this thread!!!

Manuel
Yes I do it. I hope to settle the task this week!


Kindest regards

Forexcube
  • #673
  • Edited 8:30am Feb 10, 2010 8:20am | Edited 8:30am
Quoting dieselboy101
I also have a question about entering the market. Lets say the m5 tf the ema 9 is crossing the ema 20....do I look at the m15 m30 and h1? what do I look for? am I looking for all the other tf's to be heading up?

Its just after i see a cross...then what? enter?

OR

what am i looking for on the other tf's?
Hello dieselboy101

If you trade M5 you go in with M5 at EMA9/20 crossover at M5, even it's better that you trade in the same direction with the main trend on M15, M30, H1. When it shows different signals, trade M1 and look at M5. You could trade the same at higher timeframes, e.g. you trade H1 with EMA9/20 crossover and look where is the main trend on H4 and Daily chart.

I often trade the same currency on different timeframes in the opposite direction. Then I take care that within the timeframes are a difference from 2-4 intervalls. E.G. a trade EUR/USD 5 min (Enter Long) looking at M15 and M30, perhaps H1 and simultaneously a trade at the same time perhaps on Daily chart (Enter Short) and looking at Weekly and Monthly Chart is possible. Why not! In dependence of the deposits I prefere to trade the higher timeframes (H4, Daily) with a reduced lot value.

Hope it helps!

Kindest regards

Forexcube
  • #674
  • Feb 10, 2010 8:48am Feb 10, 2010 8:48am
yes that helps a lot my bro! thank you and I will be checking it out!
  • #675
  • Edited 10:54am Feb 10, 2010 9:02am | Edited 10:54am
Alpari UK Demo 10'000.- $
login: 1470483
investor 6pmbpeg

This account is needed for examples how to trade TraCop-System.

Recorded videos will be making from this one.

Target is 100.-$ a Day (1%).

This account will be closed end of year 2010

Kindest regards

Forexcube
Attached Image
  • #676
  • Feb 10, 2010 9:14am Feb 10, 2010 9:14am
Trade Example - Trading between EMA Lines and Support and Resistance on M1

Alpari UK Demo
login: 1470483
investor 6pmbpeg

EURUSD, M1; EURJPY, M1; GBPJPY, M1

Left Chart: Entry and Exit

Right Chart: several minutes later.


EURUSD shows at this moment a support line whereas the price action from EUJPY and GBPJPY are moving between the EMA Lines.

When EURUSD has reached the EMA9 Line the trade was balanced, whereas the currencies EURJPY and GBPJPY have got an "Exit" near the upper EMA200-Line.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD-M1, EURJPY-M1, GBPJPY-M1, 2010 February 10.jpg Size: 195 KB
Click to Enlarge Name: EURUSD-M1, EURJPY-M1, GBPJPY-M1, later, 2010 February 10.jpg Size: 495 KB
Attached File(s)
File Type: pdf TraCop-1%, 2010 February 10.pdf   76 KB | 253 downloads
  • #677
  • Feb 10, 2010 9:34am Feb 10, 2010 9:34am
GBPUSD, Monthly and Daily

May be that the price action could go down further, then this position might be hedged.

Chart shows interesting support and resistance levels.

Enter Long at 1.55738

Target: 1.6300
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD, Daily, 2010 February 10.jpg Size: 135 KB
Click to Enlarge Name: GBPUSD, Monthly, 2010 February 10.jpg Size: 135 KB
  • #678
  • Edited 10:53am Feb 10, 2010 10:31am | Edited 10:53am
Hello traders

I have one private account with 150.-$ on it. I was in the past for testing new trading systems when testing these ones with real (few) money.

Now I think about if it is an idea when to try make more money with this real account after TraCop trading.

What are your idea and answers about that?

I don't think if it will be a success, even under 10'000.-$ Account real trading might be only a game.

What I will do with this account is dependent from your answers.

You are all invited to give your statements!

Kindest regards

Forexcube
Attached Image
  • #679
  • Feb 10, 2010 10:48am Feb 10, 2010 10:48am
Quoting Forexcube
Hello traders

I have one private account with 150.-$ on it. I was in the past for testing new trading systems when testing these ones with real (few) money.

Now I think about if it is an idea when to try make more money with this real account after TraCop trading.

What are your idea and answers about that?

I don't think if it will be a success, even under 10'000.-$ Account real trading might be only a game.

What I will do with this account is dependent from your answers.

You are all invited to give your statements!

Kindest...
You can def try with a minimum risk. 0.01 lotsize should be nough with maxm open orders of 10.
  • #680
  • Feb 10, 2010 11:49am Feb 10, 2010 11:49am
Quoting Forexcube
Hello traders

I have one private account with 150.-$ on it. I was in the past for testing new trading systems when testing these ones with real (few) money.

Now I think about if it is an idea when to try make more money with this real account after TraCop trading.

What are your idea and answers about that?

I don't think if it will be a success, even under 10'000.-$ Account real trading might be only a game.

What I will do with this account is dependent from your answers.

You are all invited to give your statements!

Kindest regards

Forexcube...

Oh, I would like your idea of trading your system on real account and find out if it works! And if you double your account you could donate 150,- to an aid fond for Haiti!?
0 traders viewing now