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Bigrob trading system

  • #1
  • First Post: Edited Oct 7, 2010 11:58am Jul 19, 2010 1:00pm | Edited Oct 7, 2010 11:58am
thread closed
Verily, in every difficulties there is relief
  • #2
  • Jul 19, 2010 1:09pm Jul 19, 2010 1:09pm
Buy only when :

- MA Cross signal pointing up
- Trix index confirming to buy
- price below 96 SMA and 200 SMA.
- risk at the minimum. (price closest to MA)
- always Set SL : below the lowest MA (dont take any order if if the risk is over 50 pips)

Line three should that not be above moving averages..?
  • #3
  • Jul 19, 2010 1:15pm Jul 19, 2010 1:15pm
1. first sell signal point was false because the risk of the trade is higher than 50 pips

2. next buy signal was confirmed at the next bar closed above SMA 200. this trade hit the target of 10-20 pips but will stop on sl if follow the next condition of closing target (stopped when price closed below EMA 21)

3. next sell signal was confirmed at the next bar closed below SMA 96. this trade also hit target of 10-20 pips, hit SL if follow second condition (below EMA 21), but hit the bigger target when we follow closing order condition 3 or 4

4. next buy signal will hit any option of closing order condition with profit

5. next sell signal false due to violating rule number 1

6. next buy signal false due to violating rule number 2

7. next sell signal confirmed at 1.5160 and profit or loss is depend on which closing order condition you preffered.

now you can check the entry and justify the signal whether its false or not, and manage your risk and profit for the next trade...

happy trading
Verily, in every difficulties there is relief
  • #4
  • Jul 19, 2010 1:17pm Jul 19, 2010 1:17pm
Quoting rebelheart
Buy only when :

- MA Cross signal pointing up
- Trix index confirming to buy
- price below 96 SMA and 200 SMA.
- risk at the minimum. (price closest to MA)
- always Set SL : below the lowest MA (dont take any order if if the risk is over 50 pips)

Line three should that not be above moving averages..?
oops im copy paste the selling condition.. will fixed it thx for your review
Verily, in every difficulties there is relief
  • #5
  • Jul 19, 2010 1:23pm Jul 19, 2010 1:23pm
what does mean "- risk at the minimum. (price closest to MA)" ?
  • #6
  • Jul 19, 2010 1:24pm Jul 19, 2010 1:24pm
No bother, hope you continue to post trade examples for a week or two, to many threads are been started on the forum and not been kept alive by there oweners..

all the best from Ireland

Rebel.
  • #7
  • Jul 19, 2010 1:30pm Jul 19, 2010 1:30pm
Quoting rebelheart
No bother, hope you continue to post trade examples for a week or two, to many threads are been started on the forum and not been kept alive by there oweners..

all the best from Ireland

Rebel.
ok will do...
Verily, in every difficulties there is relief
  • #8
  • Jul 19, 2010 1:36pm Jul 19, 2010 1:36pm
Is it for all pairs?
  • #9
  • Jul 19, 2010 1:44pm Jul 19, 2010 1:44pm
currently seeing the move on EJ will short if a bar closed below SMA 96 and all condition fulfilled
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 20 KB
Verily, in every difficulties there is relief
  • #10
  • Jul 19, 2010 2:18pm Jul 19, 2010 2:18pm
Quoting Rbt
Is it for all pairs?
im only tested for GU, EU, and EJ... dont know about other pairs
Verily, in every difficulties there is relief
  • #11
  • Jul 19, 2010 2:35pm Jul 19, 2010 2:35pm
Quoting Rbt
what does mean "- risk at the minimum. (price closest to MA)" ?
the entry i made on the picture is the first when all of the condition met.
at the real trading, risk at the minimum means if you see Price action will make a retracement you better wait for the retracement... look at 1.5148 the green short entry on attachment... since you already know that the sl was on 1.5171. you can find a better entry rather than 1.5148 (i.e 1.5157) if you are patience enough to wait the retracement, as long as the condition of selling still met.
Verily, in every difficulties there is relief
  • #12
  • Jul 19, 2010 3:21pm Jul 19, 2010 3:21pm
Quoting primzvicious
currently seeing the move on EJ will short if a bar closed below SMA 96 and all condition fulfilled
seems wont get sell entry today... ill wait tomorrow...

already 2 AM now here

see u
Verily, in every difficulties there is relief
  • #13
  • Jul 19, 2010 5:43pm Jul 19, 2010 5:43pm
Hi,

Did you back tested in ranging mode like what happened in cable 2 weeks ago? How you filter ranging? Do you have best TF?

Regards
13
Brokers are angels
  • #14
  • Jul 19, 2010 9:15pm Jul 19, 2010 9:15pm
Quoting fx13
Hi,

Did you back tested in ranging mode like what happened in cable 2 weeks ago? How you filter ranging? Do you have best TF?

Regards
13
did you mean this one? look at Trix index and 50 pips risk rule.... none of any condtition of them are met
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 15 KB
Verily, in every difficulties there is relief
  • #15
  • Jul 19, 2010 11:32pm Jul 19, 2010 11:32pm
anyone catch the move of EU and EJ?

good luck
Attached Image(s) (click to enlarge)
Click to Enlarge Name: br4.gif Size: 21 KB
Click to Enlarge Name: 2.gif Size: 22 KB
Verily, in every difficulties there is relief
  • #16
  • Jul 20, 2010 1:01am Jul 20, 2010 1:01am
Quoting primzvicious
anyone catch the move of EU and EJ?

good luck
look at the movement... now depend on your strategy... whether close it for 20pips, set sl @ BE or let the trade until trix crossed or MA crossover change direction

good luck
Attached Image(s) (click to enlarge)
Click to Enlarge Name: br1.gif Size: 20 KB
Click to Enlarge Name: br2.gif Size: 21 KB
Verily, in every difficulties there is relief
  • #17
  • Jul 20, 2010 1:13am Jul 20, 2010 1:13am
Good use of MAs.
I will return often to learn from you.
Keep up the good work.

tpat
  • #18
  • Jul 20, 2010 1:15am Jul 20, 2010 1:15am
Quoting tradpat
Good use of MAs.
I will return often to learn from you.
Keep up the good work.

tpat
let's learn together mate
Verily, in every difficulties there is relief
  • #19
  • Jul 20, 2010 1:39am Jul 20, 2010 1:39am
Quoting primzvicious
let's learn together mate
This looks really good, but I'm having trouble downloading the trix. It says attachment.php
Maybe someone can post it again....
Thanks
  • #20
  • Jul 20, 2010 1:50am Jul 20, 2010 1:50am
another buy confirmation on GU but i rather wait for the retracement
Attached Image (click to enlarge)
Click to Enlarge Name: br2.gif Size: 21 KB
Verily, in every difficulties there is relief
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