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Profit All Day System

  • #261
  • Feb 1, 2011 9:06am Feb 1, 2011 9:06am
Wow isn't this going to be a long term trade?
  • #262
  • Feb 1, 2011 9:19am Feb 1, 2011 9:19am
Quoting juzgood1978
Wow isn't this going to be a long term trade?
yeah, could be in for a few days if you take it...
  • #263
  • Feb 1, 2011 9:23am Feb 1, 2011 9:23am
Quoting Cubbybgood
Hey guys, look at this awesome signal on the daily chart!

tp is 100 pips on this trade and it's still god to enter.
Oh groovy, I'm in.
"Be the change that you wish to see in the world." --Gandhi
  • #264
  • Feb 1, 2011 9:25am Feb 1, 2011 9:25am
Be careful with stops guys using this system. Wipsaws trying to take out stops currently.

Set SL 3-5 pips below HH or LL
  • #265
  • Feb 1, 2011 10:29am Feb 1, 2011 10:29am
thank you to share your system.
I have one question: I saw at the beginning of this thread your explication about how it is work. you said : sell entry on 5 minute but you said buy entry on 15 minutes. Is it a mistake or i need to see 15 min chart for the buy entry???
  • #266
  • Feb 1, 2011 10:53am Feb 1, 2011 10:53am
Quoting liberty55
thank you to share your system.
I have one question: I saw at the beginning of this thread your explication about how it is work. you said : sell entry on 5 minute but you said buy entry on 15 minutes. Is it a mistake or i need to see 15 min chart for the buy entry???

There is a lot of info on that first post but it's all there.

If you are trading on 5 min you confirm on the 15 min.

If you are trading on the 15 min you confirm on the 1 hour.

If you are trading on 1 hour you confirm on 4 hour

get it?

we do not use the 1 min or 30 min charts.
  • #267
  • Feb 1, 2011 11:26am Feb 1, 2011 11:26am
Quoting liberty55
thank you to share your system.
I have one question: I saw at the beginning of this thread your explication about how it is work. you said : sell entry on 5 minute but you said buy entry on 15 minutes. Is it a mistake or i need to see 15 min chart for the buy entry???
Hello Liberty,
Ive tried out cubbys method for a couple of days so far. Obviously it is not long enough to conclude anything but! when markets are trending it works well on any timeframes. I know this sounds obvious but believe me you will be surprised how many people still lose money even though there is obvious market direction. This method helps you see it plainly and go with the likely trend. Even though price trends only 20% of the time you are still more likely to be profitable 80% of the time if you go with it. I have found this system profitable on the smaller time frames so far. I have not tested it on the large ones and I dont intend to unless market conditions change drastically. Today I also tested out the indicators on the futures markets. Made some profits and will continue to use it until it isnt profitable anymore. Cheers for easy to use method cubby.
Auto
  • #268
  • Feb 1, 2011 11:43am Feb 1, 2011 11:43am
Thank you. In the first post... it is a little confusion when you talked about entry: you said : sell entry 5 mimutes and the buy entry 15 minutes...
I think sell or buy... you find your entry on 5 min chart but the confirmation is gaving by the 15 min chart...

I never use 1 min chart...
  • #269
  • Feb 1, 2011 12:13pm Feb 1, 2011 12:13pm
Closed the EU trade with +77 pips. That was the trade Cubby called on the daily chart.

Yesterday took three trades, all winners.

Very happy with the system so far. It keeps me out of ranges, and gets me in on trends. Very user-friendly.

Think I'll hang around for a while!
"Be the change that you wish to see in the world." --Gandhi
  • #270
  • Feb 1, 2011 12:15pm Feb 1, 2011 12:15pm
Hi All,
I have just read about half way through this thread and as most ofthe questions seem to repeat I thought I woul djust cut to the end to make an offer.

I have built many EA's in the past and none have worked and some have been very close to this concept.

Having looked at it there isn't, as far as I can see, any show stoppers.

I would like some clarification on exactly the roles of the MA's and are they just indicating the trend. If its also trend strength then could a MACD be used to replace them. I don't want to change the system at all just want to make sure I understand befor putting pen to paper or even fingers to keyboard.

I will finish reading but just wanted to get this going before dinner, I'm in the UK.
Best wishes to all.
  • #271
  • Feb 1, 2011 12:18pm Feb 1, 2011 12:18pm
Hey im 2 for two this works well you just have to wait for the set up and not over trade
  • #272
  • Feb 1, 2011 12:34pm Feb 1, 2011 12:34pm
Quoting Wally1953
Closed the EU trade with +77 pips. That was the trade Cubby called on the daily chart.

Yesterday took three trades, all winners.

Very happy with the system so far. It keeps me out of ranges, and gets me in on trends. Very user-friendly.

Think I'll hang around for a while!
Yeah, I made a good call. If I remember right, the last call about a week ago that I made on the 4 hour chart also hit profit!

Wally, this trade that I mentioned on the 4 hour chart was as good as they will come. Everything looked perfect, the break the ema's and the movement. Remember what you saw there so you can make that call next time.

How many pips you up this week?
  • #273
  • Feb 1, 2011 1:25pm Feb 1, 2011 1:25pm
Quoting FerruFx
Sorry. My bad.

Attached the updated version. It should be solved.

Let me know.
hi, ferrufx,
thanks for your greeeeat indicator.
I just found some bugs.

when the price first touches the last lowest low (or highest high) level, it will play sounds. it's great. But then, if the price touches this level again, it alerts too, it is an invalid alert obviously this time. can you fix it?

the other thing is, can I define the level line 's color myself ? it's not easy to see here.
also, see the pic, I think this two bar in the yellow circle should be considered as highest high, although they happened to have the same high.
right?
Attached Image (click to enlarge)
Click to Enlarge Name: the yellow circle.jpg Size: 19 KB
Attached Image
  • #274
  • Feb 1, 2011 1:29pm Feb 1, 2011 1:29pm
Hi Cubby,

Thanks for sharing your method with us. I read the whole thread cover to cover -thank heavens it was short--http://www.forexfactory.com/images/icons/icon11.gif


Under both entry and sell rules, you wrote look for the higher TF if there is good spacing between the two EMAs "heading downward." Do you mean for sell entry downward and for buy Upward? Or Im just mistaken.

Thanks again.
Ron
  • #275
  • Feb 1, 2011 1:51pm Feb 1, 2011 1:51pm
http://i56.tinypic.com/2rcqzuv.gif

This system seem pretty straight forward. Thank you.
  • #276
  • Feb 1, 2011 1:58pm Feb 1, 2011 1:58pm
Quoting FXnewb1
Hi Cubby,

Thanks for sharing your method with us. I read the whole thread cover to cover -thank heavens it was short--http://www.forexfactory.com/images/icons/icon11.gif


Under both entry and sell rules, you wrote look for the higher TF if there is good spacing between the two EMAs "heading downward." Do you mean for sell entry downward and for buy Upward? Or Im just mistaken.

Thanks again.
Ron
If the lowest low is broken then you need to look at the next highest time frame to see if ema's have good spacing and are going downward.

Vice versa if the highest high is broken
  • #277
  • Feb 1, 2011 3:50pm Feb 1, 2011 3:50pm
If the highest high is broken, then on the higher TF Emas should be heading upward, for confirmation, right?

Thanks again.
Ron
  • #278
  • Feb 1, 2011 4:05pm Feb 1, 2011 4:05pm
Quoting FXnewb1
If the highest high is broken, then on the higher TF Emas should be heading upward, for confirmation, right?

Thanks again.
Ron

Yes, you got it. Spacing is important. There should be decent separation between the emas on that higher time frame. It takes a little practice. You will see from trial and error what I'm talking about. good luck!
  • #279
  • Edited 5:51pm Feb 1, 2011 4:45pm | Edited 5:51pm
Thanks again for the system Cubbybgood.

This is my first demo trade after studying your thread. EURUSD H4 - 90pips:
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 21 KB
  • #280
  • Feb 1, 2011 4:46pm Feb 1, 2011 4:46pm
Hi Cubby,
Can i ask when you saw the daily trade you confirmed with the weekly TF?
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