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Profit All Day System

  • #221
  • Jan 31, 2011 9:18am Jan 31, 2011 9:18am
Quoting hello
self explanatory!

hello, I'm glad to see that you're not adding any other indicators to the system besides the swing indicator. Important to keep it simple.
  • #222
  • Jan 31, 2011 10:16am Jan 31, 2011 10:16am
Hello, Positive results today infact the markets were perfect for this method today. Please find my trade calls attached. My results are: EURUSD= 4 trades 3 wins, 1 loss total pips= +18.5. GBPUSD= 3 trades, 3 wins no losses. Total pips = +47 pips. Grand Total of pips so far today = +63.5 pips.
Very reasonable results for a basic breakout style system. Thumbs up so far.
All the best
Auto
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 31012011 trades so far.jpg Size: 98 KB
Click to Enlarge Name: GU trades 31012011.jpg Size: 100 KB
  • #223
  • Jan 31, 2011 10:32am Jan 31, 2011 10:32am
I totally agree to keep it simple. This is like stealing from the blind, which I'm starting to feel bad for lol jk. (brokers don't need the money)

Honestly, PA plays a big factor and reviewing the upper time frames also help out a lot.
  • #224
  • Jan 31, 2011 10:33am Jan 31, 2011 10:33am
just to show how the trades doing...

I just moved up my stop to the last swing low. 16 pips profit with 70% of trade and now just locked in 93 pips with the 30%. see if I get stopped out at 93 pips

A fine day.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 23 KB
  • #225
  • Jan 31, 2011 10:33am Jan 31, 2011 10:33am
What do you guys think of entering in a trade then letting 30% run and then entering again with your full normal trade because another setup comes along for a buy or sell going in the same direction as your 30% you have left running. Do you A: take the trade OR B just leave the 30% running and that's it?
Auto
  • #226
  • Jan 31, 2011 11:35am Jan 31, 2011 11:35am
Quoting Cubbybgood
just to show how the trades doing...

I just moved up my stop to the last swing low. 16 pips profit with 70% of trade and now just locked in 93 pips with the 30%. see if I get stopped out at 93 pips

A fine day.
Wow, this trade is still going. Nice work, Cubby!
"Be the change that you wish to see in the world." --Gandhi
  • #227
  • Jan 31, 2011 12:10pm Jan 31, 2011 12:10pm
Quoting Wally1953
Wow, this trade is still going. Nice work, Cubby!
exiting....

pip count
16+118

total=134 pips

Had over 6% increase on my account today using 5% risk with this one trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 23 KB
  • #228
  • Jan 31, 2011 12:19pm Jan 31, 2011 12:19pm
Hey Cubby,

Sorry if I missed this, but what time do you trade?

Thanks in advance,

hello
  • #229
  • Jan 31, 2011 12:27pm Jan 31, 2011 12:27pm
Quoting hello
Hey Cubby,

Sorry if I missed this, but what time do you trade?

Thanks in advance,

hello
I start trading at about 8 am EST time till about 12 am EST. I then will break till about about 9pm and some times will put in a trade before sleep.

On days like this. I just call it quits till tomorrow morning.

Moves like this wont always happen all the time but I nailed 85 pips on friday with the big moves that happened there so a very solid start to my trading week.

If it's a good trending morning many pips can be made with this system very fast. If it's not a tredning morning pips can still be made just not on this level.
  • #230
  • Jan 31, 2011 12:42pm Jan 31, 2011 12:42pm
Dear Cubby and fellow FF members,
What do you guys think of entering in a trade then letting 30% run and then entering again with your full normal trade size because another setup comes along for a buy/sell going in the same direction as your 30% you have left running. Do you A: take the trade OR B just leave the 30% running and that's it?

Auto
  • #231
  • Edited 12:57pm Jan 31, 2011 12:45pm | Edited 12:57pm
Thanks for the reply. That's about the same time I trade too.

Here is another quick 6 pips. I like to get in/out
Attached Image (click to enlarge)
Click to Enlarge Name: eurgif.gif Size: 22 KB
  • #232
  • Jan 31, 2011 1:11pm Jan 31, 2011 1:11pm
Quoting autotrader
Dear Cubby and fellow FF members,
What do you guys think of entering in a trade then letting 30% run and then entering again with your full normal trade size because another setup comes along for a buy/sell going in the same direction as your 30% you have left running. Do you A: take the trade OR B just leave the 30% running and that's it?

Auto
I was debating this for quite some time till I came to the conclusion that it's not good idea...

I say less trading is more and doubling up on one pair can be risky.

You do not want to cut into your 30% profit by getting in at the end of the trend if that trade happens to be a loss.
  • #233
  • Jan 31, 2011 7:32pm Jan 31, 2011 7:32pm
Here's as promised the indicator with alert added. Pop up/sound/email alert, each with a true/false option.

Again, this indicator is just for the break of the last HH/LL. CCI and higher TF confirmation aren't involved.

Hope that will help.
Attached File(s)
File Type: ex4 hhLhhllHll_alert.ex4   8 KB | 875 downloads
MT4/MT5 EAs/Indicators/Alerts coder
  • #234
  • Jan 31, 2011 7:52pm Jan 31, 2011 7:52pm
Quoting FerruFx
Here's as promised the indicator with alert added. Pop up/sound/email alert, each with a true/false option.

Again, this indicator is just for the break of the last HH/LL. CCI and higher TF confirmation aren't involved.

Hope that will help.

This is a fantastic indicator! Thank you so much for finding interest in my thread and making this indicator. Very helpful!
  • #235
  • Jan 31, 2011 7:54pm Jan 31, 2011 7:54pm
Quoting Cubbybgood
This is a fantastic indicator! Thank you so much for finding interest in my thread and making this indicator. Very helpful!
You're welcome.
MT4/MT5 EAs/Indicators/Alerts coder
  • #236
  • Jan 31, 2011 11:08pm Jan 31, 2011 11:08pm
Hi FerruFx,

Thanks for sharing, I'm getting the following error on every tick:

"hhLhhllHll_alert EURUSD,H4: object name passed to ObjectSet function cannot be an uninitialized or empty string"

Cheers!
  • #237
  • Feb 1, 2011 12:54am Feb 1, 2011 12:54am
Hi Cubby
i am curious why for sell you take 5 and 15min TF and buy to be 15min and 1h timeframe?
  • #238
  • Feb 1, 2011 1:07am Feb 1, 2011 1:07am
Quoting juzgood1978
Hi Cubby
i am curious why for sell you take 5 and 15min TF and buy to be 15min and 1h timeframe?
G'day Juzgood,

Cubby can clarifiy if I'm wrong, but these were just example time frames to explain the setup. You can use the M5 + M15 for either long or short entires.

Cheers.
Australians wouldn't give a 'Forex' for anything else...
  • #239
  • Feb 1, 2011 1:37am Feb 1, 2011 1:37am
thanks so if trade 5min, we confirm on 15min and if we trade 15min we confirm the 1h trend? hope i am getting it right
  • #240
  • Edited 1:59am Feb 1, 2011 1:47am | Edited 1:59am
Thats right...
Essentially you pick a timeframe for entry and confirm with the next higher timeframe. However Cubby mentioned in his first post that when trading the M15 - he prefers to confirm on the H1 (not the M30).
Australians wouldn't give a 'Forex' for anything else...
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