DislikedI am not seeing any advantage to having MTF Trix **and** MTF nonlag......to my eye they are showing the same thing.Ignored
Hi Fokusnik..
I just tried the trix Indrek posted on post 714. It surely look so damn beautiful....
Well, Honestly I am not sure that I can do better than 97% of traders that's just too much for me...
I just believe that many traders (especially the new one) are failed not because of the system they use but mostly they failed to hold the rules and discipline. The lack of patience and willingness to learn in new traders usually encourage them to revenge the market too soon. I know that because I was there too.
FYI (especially for new traders here), I stop trading for the day whenever I lost my 15 pips SL and come back another day. Always picture yourself as a sniper not an infantry strike squad. You guys only in for the kill. If we lost 1 bullet, we should wait for another perfect opportunity to strike and not desperately charging the enemy with rage...
NG
PS:
- Thanks for Fokusnik, Indrek, and of course Mr Swingman (wherever you are) to come up with this filter. I will try it soon in tokyo.
I just tried the trix Indrek posted on post 714. It surely look so damn beautiful....
Well, Honestly I am not sure that I can do better than 97% of traders that's just too much for me...
I just believe that many traders (especially the new one) are failed not because of the system they use but mostly they failed to hold the rules and discipline. The lack of patience and willingness to learn in new traders usually encourage them to revenge the market too soon. I know that because I was there too.
FYI (especially for new traders here), I stop trading for the day whenever I lost my 15 pips SL and come back another day. Always picture yourself as a sniper not an infantry strike squad. You guys only in for the kill. If we lost 1 bullet, we should wait for another perfect opportunity to strike and not desperately charging the enemy with rage...
NG
PS:
- Thanks for Fokusnik, Indrek, and of course Mr Swingman (wherever you are) to come up with this filter. I will try it soon in tokyo.
- #764
- Sep 16, 2010 11:16am Sep 16, 2010 11:16am
- Joined Jun 2009 | Status: Trader | 2,430 Posts
Indrek, this indicator works as how Fokusnik described it here? http://www.forexfactory.com/showpost...&postcount=740
Or is the indicator supposed to replace the smSuper TRIX_v.1?
There are different versions of Trix available in FF and MTF Trix thread. It is the matter of taste, which one to use.
The circles show where to enter. The first five circles show that both the arrow and the Trix meter are white, the last circle - both the arrow and the Trix Meter are red.
http://www.forexfactory.com/attachme...3&d=1284607175
As the arrow appears after the candles are formed, does it follow that we enter right at the next candle when the arrow appeared?
Hi Guys just would like to share something 
for those that are afraid that might over trade i came out with a strategy that works pretty well i wont say it can double your account but the odds are pretty good.
i trade the tokyo session and i use fxpro and i dont take any trade after 11am on my platform
max 2 tries and no more
15 sl and 40 tp
i manage to catch 335 pips in aug currently 300pip till 17 sept
although there are quite a few times which the price got to 300 pips and reverse to my sl but i think the odds are pretty good i trade from Beijing so i have a lot of time to do other stuff in the day
but sometimes i really feel a bit of pain seeing profit trades turn to s/l...
for those that are afraid that might over trade i came out with a strategy that works pretty well i wont say it can double your account but the odds are pretty good.i trade the tokyo session and i use fxpro and i dont take any trade after 11am on my platform
max 2 tries and no more
15 sl and 40 tp
i manage to catch 335 pips in aug currently 300pip till 17 sept
although there are quite a few times which the price got to 300 pips and reverse to my sl but i think the odds are pretty good
i trade from Beijing so i have a lot of time to do other stuff in the day but sometimes i really feel a bit of pain seeing profit trades turn to s/l...
Yes and thanks Nice Guy and to the founder of PM forex, cause i really have been losing and unsure in the forex until i found this thread, at least i manage to get a bit consistent and discipline in my trading now, and made me realize u dont win every day,you need a month of discipline trading to get results
cheers guys love you all
cheers guys love you all
Yes and thanks Nice Guy and to the founder of PM forex, cause i really have been losing and unsure in the forex until i found this thread, at least i manage to get a bit consistent and discipline in my trading now, and made me realize u dont win every day,you need a month of discipline trading to get results
cheers guys love you all
Btw.. here's the proof that I did not win everyday...
First Trade..
GU M15: I scored 20 pips. 20 pips ? Yes.. I ussually put more TP in but for today, Judging by the way the PA move in H4, I predict the GU will continue climbing after hitting the FPV (Pivots). I was right. I nailed 20 pips.
Second Trade:
EJ M15: This is the price I have to pay for being a naughty boy. I was late to enter the trade because somehow I feel something is not right when the arrow is coming. I should've stay away, but I got tempted by the next big red arrow below coral. I entered a late trade and aimed for 30 pips with 18 pips SL. But Price hit me back after It goes down for about 20 pips and eat my SL.
Today, I leave my trade after I entered them. I have to be some place else when this whole thing happened.
Win 20 pips and and giving up 18 pips SL today.....
Oh well...I will come back tomorrow....
NG
NG, you are using FXPro? Does it need min. 3000 to open an account?
FXPro offers quite good anyway.
Well... I'm using Ava. It offers 7 pips for GJ. Yea... crazy huh! >.<
My friends suggested to use Ava, because it just need US$ 100 to open an account. But I'm looking for other broker with good offer as well.
W
Btw, I am not exactly open a new account, I already have 2 different account in FXPro, one for my regular account with five digits $$$ accounts in it and another old account for testing purpose which I already have about USD 389 inside it.
I dont trade my regular account too often now. Lately, I fiind it's quite fun and less stressfull to mess around with small account like I am doing it right now. It's nice to see them grow slowly, you know... making big bucks with less investement is really a satisfying goals to achieve....
FXPro give me 5-6 pips in tokyo for GJ...If you guys can recommend me a good broker with better spreads.. I might be interested..
thanks
NG
Have you checked IBFX? I think IBFX spread on GJ can go as low as 4.2 pips.
Btw, Still got some PM regarding my post here...
So I will repeat it again here...
To any of you who are new to this strategy, try to demo or better if you open an account with only USD 30 or 40 inside it or spare this amount from your Mini Account. Trade this strategy with 5% risk every trade. It means if you are using 0.01 mini lots, you have 15-20 pips SL and 20 entry. These 20 entry is your coin to play the game. So try not to lose it too often.
Trade on Tokyo with the first signal you see, I personally recommend GU or EJ these days. Use 15-20 pips with 40 pips TP (like daemonw suggest) or bigger. Do the same thing everyday and dont trade on other Market Time. Keep your trade near Coral (if you decide to use this Indi).
See it for yourself. You will learn a lot more on the way than just reading this strategy.
I really recommend to use very small live account rather than using demo accounts for new traders. It will help you to build your mental attitude and discipline in trading. This you can not achieve by trading Demo account.
We are Human, sometimes we have to suffer something first in order to force ourself to learn....
NG
