TraCop-1%

100.-$ Real Account

Target: as much as possible a day.

Current orders and Current Balance
see, please:
http://forexcube.mt4stats.com/

Equity: 93.93 $

Begin: 2010 February 11

Now let's begin.

Kindest regards

100.- $ Real Account

Is it possible make a multiple of a 100.- $ Account end of this year?

What do you think?

Kindest regards

Forexcube

EURJPY, M15

If candle clothes above EMA20 or wait till next EMA9/20 crossover for an market entry Enter Long.

TraCop 10.000.-$ Demo-Account

Equity: 11'521.41

Entries and Exits could be monitor at:

http://twitter.com/forexcube

Kindest regards

Forexcube

100.-$ Real Account (Beginning Date: 2010 February 11) - (Before 2010 February 11: Old Test Account)
Current orders and Current Balance
see, please:
http://forexcube.mt4stats.com/

10.000.-$ Demo-Account (Beginning Date: 2010 February 10)
Entries and Exits could be monitor at:
http://twitter.com/forexcube
http://www.myfxbook.com/members/Fore...orexcube/17210

Kindest regards

Forexcube

Hello ms119

Thank you for the informations.

I hope I've done all well!

If you've time take a look at #705, please.

Kindest regards

Forexcube

hello forexcube;

i have been following u since the start of this thread and everytime u issued an account statment you would end positive for the day. but yesterday i have been following u on twitter, unfortunatly u closed the day for -1447.6 pips, was that for education purposes only or it was just a bad day ?

thnx inadvance...

EURJPY, M5

Trade Example

Entry and Exit at EMA9/20 crossover.

Kindest regards

FC,
Trivial, but I wonder what the big red figure 1.61 on all of your charts mean?
Best regards,
Ludo

Hello ra123

It was only for educational purposes to theme Moneymanagement at Riskmanagement (see p.40, #587, p.43, #643, p.45, #670, please). All entry and exit orders are done with great errors.
Error 1: Many 5 Lot entries at the same time with only a 15'000.-$ Account. Fault Money- & Risk Management.
Error 2: Most of the trades has nothing to do with TraCop Trading System. Fault trades!
Error3: Demo Accounts: Demo Accounts don't show the reality! You can trade further on, when your account is in a big minus. All the time you get the preferred spread! No requests!, and so on.
These three aspect are to respect all the times.
This 500.-$ account was correct guided till around 15'000.-$, when the picture "Greed" has posted by me several pages before several times. I have make from 500.-$ > 15'000.-$ within one month, so my target was more than reached (initially I would make only 5'000.-$). I lose interest in this account and than I'm the brain behind something: start a basic educational thing like "greed". When accounts getting bigger and bigger the most fault coping idea is "greed". So I trade by highly extended risk with high lot sizes and nobody has said to me something or other like "Forexcube are you crazy? What are you doing now?". So I put the greed picture on my thread several times and doubled the lot sizes till 5 Lot and went in the market 4, 5 times with 5 Lot, that make 20 Lot simultaneously. :-) No reaction!. Only Ulterior, (see p.45, #666) has comment: "80% maximal drawdown in 1 or 2 months? Say NO to drugs and shrooms and weed". Moreover, it was not in one month, it was only in one week, say within several days! So I would tell all the fair traders, awaiting my kind reply that nobody should trust a trader whatever he is, may be one of the best, perhaps the best! Have a critical standpoint about your own decision, when you enter a trade. Search for confirmations, the more the merrier! We all can learn on this thread together. I think I am a professionel forex trader and I esteem, I cherish that every trader has accept responsibility of the other and of his/her own trades. May be I will make more records to MM & RM in the future, so that some aspect will come into sharper relief. "Minus equity accounts": It won't repeated again!

Kindest regards

Forexcube

Hello ludo willems

EMA9/20 is one aspect how to trade with TraCop System. Trivial? Yes, that's right!

1.61?: I don't know. Once time it was there, so I have to look at the indicators, which one produce this nonsense.

Kindest regards

These are trades taken as per the rules outlined in post 687. They were all with the current trend on the 5 min chart I need your advice Forexcube because I must be doing something wrong.

Trades are outlined in yellow
Blue vertical lines for longs and red for shorts
Stop loss are small red horizontal lines
X represent exits at the close of the candle

With "trivial", I didn't mean the system, but the red 1.61 on the chart, sorry for the misunderstanding. To remove the 1.61: right-click in the cart (or ctrl-B), select the object and click "remove". regards, ludo

Hello sebastianzl

DETERMINE TREND
Look at M5 chart

9ema X 20ema from below going up, ADX above 20 and DI+ crosses DI- from below going up. UP TREND CONFIRMED

9ema X 20ema from above going down, ADX above 20 DI+ crosses DI- from above going down. DOWN TREND CONFIRMED

See chart below, please.

Explanation follow just now, see #715, please.

Explanation:

EURUSD, M5
see #714, please.


EMA9/20 crossover
P1 (Enter Long), P2 (Exit 6 Enter Short), P7 (Exit, wins are enough).

- You can enter in the market before P1 due to the fact that before P1 has taken place the EMA9/20 crossover.

- P2: EMA9/20-Crossover

- P3: trade error! why? EMA9 touch EMA20 in place where a red candle is shown, say market moves downward, so hold the enter short from P2 and wait till a green candle appears.
- At P3 set Stop Loss at the first green candle high left of it, if to taken one enter short in the market.
- P3: not the best time to go in, as EMA9 and EMA20 crosses EMA55. Often indifferent candles (may be good trading chances for 10 sec./30 sec.-trading).

- P5 and P6: are possible exit points, since ADX > 50. No EMA9/20 crossover appears, so stay in your winning trade longer.

- P6: EMA55/120 crossover. At this point at M5 often you see indifferent candles before and after.

- P7: I would go out as wins are enough. But you can wait till next EMA9/20 crossover.

- A1: look if next two candles would go till EMA55. It doesn't make this "touch down".

- Chart: One great trend upward, the other trend downward. Look at M15 or M30 for global view and when trading EURUSD, look also at EURJPY and GBPJPY, perhaps USDCHF.

- EMA55: If EMA55 will be broken at M5 (up or down) then you get a further big chance for further market entries.

- Waves: I would go in on the top of the conter waves several times and trade the trend. (E.g. 10'000.-$ Account: every times with 0.2 Lot extra and the great entry P1-P2 and P2-P7 with 1 Lot).

Labels:
- IC: are indifferent candles.
- M1: shows the typical waves in a trend and send good trading situation for M1 trading here and there (1-7 pip per trade.)

Hope it helps!

Kindest regards

Forexcube

Hello sebastianzl

M1-Trading:
M1 is very fast. I would not wait for the close of the next candle by trading M1. When you make 1-3 pips go out. Don't wait. Wait then for the next entry chance. You make more pips in this manner and less loosing ones.

When trade M1 look at M5 if there is an trend, often you don't have to go out if M1 makes a little countertrend and you are with M1 in the main trend of M5.

For beginner level I would advise only trade M1 in direction with M5.

When you are get the feelings of the market breath you can trade on M1 against the trend from M5.

M1: Indifferent market when candles struggle around the EMA55 line. Two possibilities: Go out and wait or hold your trade and wait.

Kindest regards

Forexcube

thanks for the reply i was using the 5min chart to get the trend then i took those trades on the 1 min chart i posted the 5 min chart with all the trades showing from the 1 min chart so you could compare where the market was when i made the trades on the 1 min chart

Hello sebastianzl

Great work! Neatly arranged!

Thank you.

To number:
Could you enumerate your blue and red lines next one? It would help me to make reference to.

I know, it needs more time.

Kindest regards

Hello Sebastianzl

Questions of RM & MM:
Have you made a win or a loss? Do you trade with a Demo Account? How many are your deposits? How much are you get in in your trades?

Kindest regards

the first chart is the M5 and the rest are the M1 zoom at the different trades

mini demo acc balance 36k lot size 18mini lots