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Profit All Day System

Ahh I see, thanks for clearing that up, I'm so used to seeing hard rules... good to see it is flexible.
Quoting the-game
Looking at the post above, fractals is not spotting the highest high/lowest low as per Cubby's definitions

Hey Cubby, please correct your first post as it still says heading down instead of heading up for the Buy entry.

Also why is the sell entry on 5 min and buy entry on 15 min? Just curious.
Hi The-Game,

Actually. the fractals are correct in showing swing highs and swing lows. Here is a quote from Cubbybgoods first post.

What is the highest high?
It's when the current candle has at least 2 candles before and after that are lower then it itself. (Example is in pic.)

So if you're looking to enter a long trade, you want to enter on a candle that goes above the previous swing high [fractal], same for a short trade, a candle going lower than the previous swing low [fractal].

Also all entries are based on the smaller of the two time frames , the next higher time frame is used for confirmation only, 3&5 Ema crossing the 13 Ema showing angle and separation from the 13.
Hey man I know this system! I am happy to see that someone has figured out how to make the Fx childsplay system free for all because thats all this is! Look it up on yourtube lol!! Thanks bro really its a good system but I wouldnt trade it on anything less then the 4hr charts
Quoting Cubbybgood
Sorry this is what I ment. sorry about the confusion...

Line graphs to match the backround color. See in pic.
You can change the fractal indicator to any color you want, it doesn't matter what you have the line graph set to.

trublu
Quoting drago24
Hey man I know this system! I am happy to see that someone has figured out how to make the Fx childsplay system free for all because thats all this is! Look it up on yourtube lol!! Thanks bro really its a good system but I wouldnt trade it on anything less then the 4hr charts

Hmmm really?
Dont know the system. Just trading what I was taught.

I like the 5 and 15 min time frames. I make good pips.
Quoting Cubbybgood
Hmmm really?
Dont know the system. Just trading what I was taught.

I like the 5 and 15 min time frames. I make good pips.
Cool Man I love it too!!! Good Luck!!
googled fx childsplay.... looks very similar to this method
Looking for a lowest low to break. Trend on 15 min isn't amazing but it would look passable if that swing low were to be broken...

See if that lowest low gets taken out....
Attached Image (click to enlarge)
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Quoting Cubbybgood
Your W/L ratio does not always have to be higher then 1:1 to profit long term if you have a high win rate on your trades.

my TP is hit about 79% of the time causing me to come out wtih profit almost every day.

I dont understand why 5% is bad? That may be a little high but because of my win rate this is what I use.

Not sure what you are talking about with the trade example. my example is a buy position....
Hey Cubby, I totally agree with your comment here. I like your system, and I'm sure you'll keep bringing in the pips!
Hey Cubby,,

Would you like to do a video on your system? I have a trading room and I can record the video when you explain it..I can then post the video on my server and all of the FF kiddies can look at it..It saves on multiple posts..Just let me know this week and we can schedule it for the next few nights..Take care..my email is [email protected]

take care

Jimmy
Quoting Cubbybgood
This was one of my trades this morning....

25 pip SL
12 pip TP


but, the angle of seperation on the 15m will only show up AFTER the trade has taken place on the 5m. so how do you decide whether or not to take the 5m trade if the angle of seperation hasn't occured yet ? the angle of seperation on 15m would not have occured yet. so how do you decide ?


you mentioned about trading 15m and 1hr. when would you trade this as opposed to trading 5m and 15m ?


what are the best times to trade this system ? surely you cannot be glued to the computer all day looking for setups ?


do you have a set of results for the past few months you can post ?


cheers
can someone please post the cci indi and the fractal indi..
This is an example of a trade yesterday. For take profits you can close all or a portion of your trade at 1/2 the stop loss amount and the other portion when the 3&5 Ema cross the 13 Ema in the opposite direction. This example shows why it's a good idea to let the remainder of your trade run as this was the concept of the creator of this commercial system.
Attached Image (click to enlarge)
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The buy signal was confirmed on the EURUSD 5M entry 36 pips and counting!


Sadly I didn't get on it LOL!
are the settings on the emas to the 'close' or 'open'....or median..?
Quoting thunderwolf
This is an example of a trade yesterday. For take profits you can close all or a portion of your trade at 1/2 the stop loss amount and the other portion when the 3&5 Ema cross the 13 Ema in the opposite direction. This example shows why it's a good idea to let the remainder of your trade run as this was the concept of the creator of this commercial system.
Hi, I noticed you didn't set your SL below the LAST lowest low, instead you set it below the second last lowest low.

So I'm guessing there's a bit of discretion or common sense when using this system, especially on the 5 minute chart as the last lowest low will sometime give you a really small SL.

Am I correct in saying this?
Quoting whatfx
are the settings on the emas to the 'close' or 'open'....or median..?
Hi,
EMA's are all set to close. CCI and Fractals are standard indicators in MT4.
In the indicators folder look under Trend and you'll find Commodity Channel Index { CCI }. Then look under Bill Williams and you'll find Fractals. OK?
Quoting the-game
Hi, I noticed you didn't set your SL below the LAST lowest low, instead you set it below the second last lowest low.

So I'm guessing there's a bit of discretion or common sense when using this system, especially on the 5 minute chart as the last lowest low will sometime give you a really small SL.

Am I correct in saying this?
Hi, The stop loss is at the correct low because the low you're referring to is after the fact that the entry candle and the candle after it were formed. In real time you wouldn't have seen that fractal yet, so the stop loss is as I showed it. Your stop loss will always be at least 2 candles before the entry candle thus allowing a swing high or swing low to be formed.
Thanks for clearing that up.... seems like I'm very slow today
Quoting the-game
Thanks for clearing that up.... seems like I'm very slow today
Me too, don't know why....think I'll have another Beer
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