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Janqie "MadScalper" 1min trading

  • #161
  • Jul 12, 2010 2:03am Jul 12, 2010 2:03am
Hello guys
Ive been out for a weekend
Had a break from forex and now starting a new week so
much green pips for everybody!
"Even a million miles journey starts with one single step"
  • #162
  • Jul 12, 2010 2:05am Jul 12, 2010 2:05am
Quoting creosote7
This looked like a good setup..Nice down trend. M5 TF was a solid down trend.
We got a small pull back and then a good entry point where I have drawn the red line....
Hey creosote
Your setup is nice and everything looks corect its just like you said market went sideways.
I tryed to look to higher timeframes seems not bad too but for now I think I stick to 1 min tf.
Cheers
"Even a million miles journey starts with one single step"
  • #163
  • Jul 12, 2010 2:06am Jul 12, 2010 2:06am
Quoting paws
Your system looks very promising jangie. Thanks for sharing! Will be following along.
Hey paws
Nice to hear that you like it
"Even a million miles journey starts with one single step"
  • #164
  • Jul 12, 2010 2:14am Jul 12, 2010 2:14am
Quoting fxpig
Hi jangie,
Thank you for posting your trading system. This one is the beauty of 1M method that could be found on the net. However would you kind to mark on the chart explaining what did you mean by

" I remember Sams trade when CCI histogram goot outside 0 level for a bit. I just took this trade and its same as Sams trade. Noticed that Histogram wentabove 0 level but not crossed 50 to represent new trend move.
Pullback was in nice shape "

Thank again for your kind help.
Hey fxpig
If you look in that trade you will notice that CCI histogram went above 0 level
during pullback. Normaly I would skip this trade becouse I want CCI stay below 0 level during pulback for short side. But if we have 5 min trend confirmation this rule can be corected I will experiment with it a bit more and when make explanations
Hope that helps
"Even a million miles journey starts with one single step"
  • #165
  • Jul 12, 2010 2:17am Jul 12, 2010 2:17am
Quoting danielmatizl
-------------------------------------------

Not sure if this is the correct place to post my 2 cents. In order to avoid these false entries I use MACD. Pls see your trade with the MACD, as you can see MACD bars are above zero and the lines are moving up. After some mins you can see that there is a crossover and the lines are pointing down, also the rest of the rules match perfect according with Janquie instructions.



[IMG]file:///C:/Users/Dani/AppData/Local/Temp/moz-screenshot.png[/IMG]Attachment

Attachment
Hey danielmatizl
Thank you for this idea I will check it out
"Even a million miles journey starts with one single step"
  • #166
  • Jul 12, 2010 2:20am Jul 12, 2010 2:20am
Quoting acidevil
isit possible to code this method into an EA?
Hey acidevil
I think it would be usefull but I know nothing about coding so litle help would be good
maby we needs to ask some forex programer for help
I think EA could be doing good with few strict rules.
"Even a million miles journey starts with one single step"
  • #167
  • Jul 12, 2010 2:25am Jul 12, 2010 2:25am
Quoting Tailgun
I know one of those pairs is GU and perhaps the other is EJ. Which three pairs do you feel work best with this strat?
Hey Tailgun
I cant say witch better I like both of them becouse those are volatile enough
I am watching three pairs EU EJ and GU and like them all thinking to add UsdChf also becouse it also looks promising
"Even a million miles journey starts with one single step"
  • #168
  • Jul 12, 2010 2:29am Jul 12, 2010 2:29am
Agree with you guys about fridays. For me too friday is a mistic day and I look
veary carefully to market during end of the week
"Even a million miles journey starts with one single step"
  • #169
  • Jul 12, 2010 4:50am Jul 12, 2010 4:50am
Got this first beuty of this week +10
Just look how beutifull it is
Also I think I'm taking back MML on my chart becouse price is realy reacting
to those levels.
As soon as It dropped to MML I took my proofit and after few min bam it reversed.
Attached Image (click to enlarge)
Click to Enlarge Name: nice one.gif Size: 28 KB
Attached File(s)
File Type: mq4 MML_Multi_Option_v1.23.mq4   27 KB | 607 downloads
File Type: ex4 MML_Multi_Option_v1.23.ex4   30 KB | 514 downloads
"Even a million miles journey starts with one single step"
  • #170
  • Jul 12, 2010 6:47am Jul 12, 2010 6:47am
Got this one on CHF firt try on this pair so far so good +12
Attached Image (click to enlarge)
Click to Enlarge Name: nice one.gif Size: 25 KB
"Even a million miles journey starts with one single step"
  • #171
  • Jul 12, 2010 7:03am Jul 12, 2010 7:03am
Again took this one +10
Attached Image (click to enlarge)
Click to Enlarge Name: nice one.gif Size: 25 KB
"Even a million miles journey starts with one single step"
  • #172
  • Jul 12, 2010 8:21am Jul 12, 2010 8:21am
Quoting janqie
Again took this one +10
Hey great job!

On the GBP/USD you took the 12:59 (time) trade but didn't take the 12:30 (time) trade, why is that? looked like a good setup also.
  • #173
  • Jul 12, 2010 5:33pm Jul 12, 2010 5:33pm
Quoting janqie
Again took this one +10
On this trade didn't you go long before the yellow crossed over black on CCI?
  • #174
  • Jul 12, 2010 7:19pm Jul 12, 2010 7:19pm
Quoting Max99
[font=Arial, sans-serif][size=2]I don't know how trading is during the London open on Friday's....
Cheers Max, I haven't tried Asian session coz it hasn't been recommended with this system, which scalping system do you use during those times? would like to trade those hours though...
  • #175
  • Jul 13, 2010 1:54am Jul 13, 2010 1:54am
Quoting whiteeclipse
Hey great job!

On the GBP/USD you took the 12:59 (time) trade but didn't take the 12:30 (time) trade, why is that? looked like a good setup also.
Hey
Yeah it was good setup but I was making coffe and missed that
"Even a million miles journey starts with one single step"
  • #176
  • Jul 13, 2010 1:57am Jul 13, 2010 1:57am
Quoting darien95
On this trade didn't you go long before the yellow crossed over black on CCI?
Hey
Youre right but I saw veary strong rejection and histogram going through 100
level and decided to take a shot
"Even a million miles journey starts with one single step"
  • #177
  • Jul 13, 2010 4:36am Jul 13, 2010 4:36am
First good trade +10 after MML rejection
Attached Image (click to enlarge)
Click to Enlarge Name: nice one.gif Size: 27 KB
"Even a million miles journey starts with one single step"
  • #178
  • Jul 13, 2010 6:57am Jul 13, 2010 6:57am
Quoting janqie
First good trade +10 after MML rejection
Janqie, would you mind explaining what you mean by "MML rejection"? I assume it's related to the new lines you have added to your charts recently.

thanks,
  • #179
  • Jul 13, 2010 7:02am Jul 13, 2010 7:02am
janqie, you said in your first post that you are losing with this system. so i guess i have to ask - why are you insisting on using it if it's still not making you a profitable trader.

P.S. I'm not profitable either, just wondering that's all!
Enter Signature
  • #180
  • Jul 13, 2010 7:17am Jul 13, 2010 7:17am
Hey creodote
Those MML levels is something we used it earlyer.
Price is reacting to those levels same like pivots levevels.
I'm trying to be veary carefull when price is near those becouse reverse can ocur and in situation like this price moved to MML level and reversed up
so I got 1 more clue to take the trade and it worked
hope that helps
"Even a million miles journey starts with one single step"
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