Mrezoots' Bottom-Less Pipshake.

Well to be honest with you, I think "Safe" would be putting in nothing......

With the slow development of the USDCAD signal today, I am trying something a little more risky than normal here....

It appears that the USD and the CAD both have some "High Impact" news in the early AM.... (Too early for me as of now, I catch the Asian session w/ my sleep sched.)

Since I had my eye on that S1, I placed a Sell Stop about 15 pips below that S1. I have my TP set for what I would consider "In-n-Out" @ 50pips.

In theory, if this news does manage to push it through the S1 tonight, than the 50 pip TP will be a quick snag..... In theory!

Would not normally condone ANYTHING of this manner... This is just kind of a public "doodle" test.

All we can do is wait and see......

See you guys in the AM....

I also noticed some more downloads of the NEW pack........

Well...... What do you guys think?

Any critiquing, Good or Bad..... I have very think skin to "Constructive Criticism" so BRING ON the suggestions!

That is, if anyone who has downloaded feel they should give their 2 pips (cents)....

Would really like to hear some more input from the few who are trying it (Pipshake).... This is kinda why I started a Journal to begin as opposed to a Trading Systems Thread. Soooo many people simply take the system, MAYBE,and I MEAN MAYBE give it it's due time in practice, give no feedback for improvements or flaws, and then it's on to the next potential "Holy Grail"......

If you have downloaded and installed these indis and templates and you HATED it....let me know!

If you LOVED them....let me know!

This will help speed up the testing rate and will only be better for the community.
If my journal of personal workings gains enough followers I will go to the systems.... til then....

"WE" test what has been working repetitively for me....

Sorry to vent guys, but swippers (System Leeches) are my pet-peeve!

I believe that anybody who has spent ANY amount of time on something, only to watch it leeched, understands what I mean.

NOT TO BE A PARTY POOPER!!!

So lets get some replys/comments/inputs/suggestions coming in so we can brain storm!

Let's get to crackin some pips in here!

The Sell Stop I placed earlier today finally got picked up I see.......
So far only about 40 pips up... but i'll take em'

I'll be off to bed soon, just have to wait till the A.M. to see how it is developing.

I was also able to pick up on the retrace of the GBPJPY today/yesterday.
Sitting at +125 pips right now on that weekly TF position.

I'll be riding this one for a while I believe....

We'll see..... Talk to ya in the AM!

Friday close is just around the corner, so here is how the up-coming week looks...

XAUUSD (Gold Spot) has closed w/ a confirming weekly BUY signal.

The EURUSD closed almost ON TOP of where it opened, this could be a sign of a coming reversal?

This is a very quick and loose obsevation, when I have more time I'l look @ whats going on a little better. :nerd:

Been kind of a hectic week as I am preparing to move, so I have not really been able to post any of my workings this week, but that does not stop the pipshake from eternally over-flowing!! LMAO!!

Last week I noticed a huge retrace on the GBPJPY (weekly) that was putting the price @ right about the same level as the original weekly signals price that I had missed a few weeks prior.

Hopped into the short and rode it all this week.... +700 Pips

With weekly signals, they are so hard to break trend that I could not pass up this retrace, and man did it ever pay off...

Also had a Daily(2.18) GBPUSD signal that yielded me a quick 180 pips.

All in all I am going to call it a week, and relax even MORE now..

Really hope that someone else picked up some of these BIG moves.... there is plenty of the pipshake to go around guys....share!!!

I am very sorry and would like to apologize to some of the followers, I have not been keeping this journal as up to date as I would like.

The lack of post is directly related to the lack of me trading.

Nicer weather keeps me outside more often, picked up another band that I produce/DJ for, and my significant other has enrolled in medical school to be a surgical technician. So between her school and the odd-work schedule it has spread my time to post a little thin! But the reward out-weighs the sacrifice so i'll take it all in stride!

Oh yea...and I started my WoW account back up so....yea.... if you've played it you know.....

BUT.... I have been watching and riding the EUR/USD down for the past couple weeks...

So here is an update on where I'm standing... For you DuggieFX!

I have (3) sell positions open on my LIVE account @
P1 1.36100
P2 1.34100
P3 1.33000

At the time of this post I am sitting on a NET short of +1,300 Pips.

I will be watching this VERY closely as this Fri. will be NFP!

I hope this lets some people know that the Pipshake is STILL overflowing and there are plenty pips to go around!

F.Y.I. My live trades are placed in FXCM micro. I now only use alpari for my charting as its the platform I developed the system on. So the pic is of my alpari setup.......I also get MUCH better spreads in FXCM!

It feels good to post again and I really look forward to gettin this beast rollin again!

this is my new baby, the audusd I love the pipshake byw! with all of the indicators this has, it is super clean looking but yeah ive been busy as well and now i have found myself some more time and ive been able to test your system out and all i can say is it's awesome.it has made me virtually flawless.lol i love to scroll on its daily and weekly charts cuz boy when you get all those indicators lined up, she really moves.








here is a sell on my audusd daily chart, still in progress but hopefully when its all said and done the good ole pipshake will lead me home to 550 pips.

thread still alive? Just checkin since big arse hurricane-tsunami just swept thru, figured id see if everyone was still alive n pipn'? loved this system and still rockin it to this day!! well zoot if you have anything new out there i would love to see whats pipn....



pip pip n away!!


DuGG

So great to hear from you duggie!
Hope all has been well with you since our last posts...as we seem to be the only ones who are using the system now-a-days lolol!

>hint hint...if you use it.. post!!!<

AGAIN....

I must apologize to the FF community for not keeping this thread as active as I would like.

Since my last post I have been doing MASSIVE amounts of IRL research on several control groups using this system. The pools consisted of people from ALL professions and income-brackets. Some of their feedback was a little suprising... to say the least! I do believe though that I have figured out why I was not recieving the desired "participation" I was expecting when giving away something this valuable to this community.

That being said, I have made the difficult decision to move-on from this particular thread.
The duration in which it will remain open is TBA....


Reasons being....


My other traders have already given me WAAAAAY more useful and additional pertinate information to the system.
(Sad that 70 people have downloaded the NEWEST version *257 D/L's combined* and no post..not even one single "YOUR S%!T SUCKS!")

This "leecher" mentality that runs rampant amongst FF noobs is something that I cannot handle anymore.

I am moving on to a MUCH tighter community on traders who are not concerned with finding the NEXT "Grail" indi...



MAY IT BE KNOWN... I would be NOWHERE w/o this very Forex Factory community... To which I am forever indebted.

I simply hold myself up to a higher standard of "paying it forward" then some of the new-comers do. (I seed torrents to 3.0 ratio is all i'm saying lmfao!)

Due to the insane amount of respect I have for Twee and the FF community I will NOT be promoting what I am doing through here.

For those of you that wish to continue this journal and find out more details, please PM me your e-mail.

I am in the process of building a 6th test group and would love to have participants that will participate!
.....that is, if you wanna make pips and talk about it!


By NO means is this my last post on FF... that is not my intention here @ all.

I will just keep it to helping others instead of expecting people to participate and idk...communicate! strange huh?

To all of those who have been so kind and helpful here (Duggie, Rufus, LGTJ, list goes on and on!!)
THANK YOU from the bottom of my heart for the inspiration to take this lifestyle further!

I hope to see your e-mail in my box so we can keep this up!




...and may your pipshake NEVER run dry!

well its good to see the pipshake wasnt washed away by the hightides of japan....DRaINaGE!!!LOLOL... i had to watch "There will be blood" after using this system for so long,lol now i get all your pipshake and straw refrences,lmao...just wanted to show my gratitude and say thanks for your efforts and im sure long nights you proably spent developing this system as its been my "holy grail" for quite sometime.. anyway i cant thank you enough, i did pm you hope to stay intact with you and the system


DuGG

1000 pips down and on to the next landslide..... :nerd:

This one was a joking side bet with a buddy that it wouldn't hit 1000 pips... So I had to make it public!

Once it hit +500pips I pulled SL to break-even and let her ride... TOLD YA!

(I'll take that payment in crisp $20's Johnny boi!)

300 pips banked... Don't have much faith in the Yens yet again... So i'm not gonna get greedy

I hope some others are catchin' these signals as well.... :nerd:

Hi,
Long time not been in your thread but now trying to take a fresh look at your system.
As much as I understand by now, after some visual backtest, the same setup works also on hourly timeframe.
I agree that daily and weekly are very clean and comfortable for getting bigger pips but would like to have some intraday action, too.
You have not said much about your SL and TP strategy. Do you get out only according to the filter (upper indicator) or do you also use hard SL and TP sometimes? And if yes, how do you calculate these?

Long time no see Indrek!

Glad to hear that you are giving the system another try!

While this system WILL work WONDERS in the intraday... That is kinda out of the scope of my journal.

If you would like me to detail some of my intraday methods/tweaks, hit me up with an e-mail.
(I would just like to keep my journal LOOOOONG term trades)

As for the topic of my TP/SL methods...

TakeProfit Preferences

90% of the time I will simply use the filter method, as this keeps me from thinking or having to watch news ...LOL!

Over the almost 2 years of using this system, I have made a "Cheat Sheet" of what I believe are the "SAFE" TP targets for the pairs I monitor.

ALL of my pairs are at least 250pip TP though if that helps get a grasp..
(Ex. EURUSD is usually a 500pip Hard TP)

StopLoss preferences

1:1 Ratio always! Duh! Winning!

I am VERY big however on "Securing Profits". When a pair has reached a certain pip count I will move SL up further and further.
Not a TrailingStop however. I do not really care for those...
They never seemed to help the system milk any more pips then normal... so.. meh..

Thank you again Indrek for swinging by and givin it another go round... Hit me up and we'll get your intra-day setup!

Lets get to catchin some pips!

Thanks for sharing this system , I am very interested in a stress free daily/weekly system like this. How many pairs have you tested it on using your 250 pips TP?
if you trade it on 1 RR the accuracy must be high enough, any idea what sort of percentage from your own experience?

Thank you for inquiring Shahroor and welcome!

This system has been tested on all pairs available.
It has as well been shown by some of my students to work well with Metals, Indexes and Stocks (intraday)

For the most part if you can load it into MT4.. It will work on the right TF.

Please do not get TOO caught on the 250/500 pip thing... This was just to give an idea of what MY idea of average nets are. Some pair are VERY different (Ex. higher for GBPJPY, lower for AUDCHF)

A little bit of visual and strategy backtesting will reveal the optimum targets.

I would like to stir a little interaction in here so I can't give away ALL my secrets yet... he he he

Thank you again for your interest Shahroor look forward to seeing your progress!!

Hi Mrezoot is there any chance that the indicators repaint . if not how can we explain theese charts

Some odd charts there for sure Lebaneese, thank you for lookin into the system enough to be backtesting and inquiring on your own!

That is more than most are doing on here!

I have done over 10+ years of backtesting on most pairs and have NEVER experienced repaint with any of these.

I noticed that your first 2 screens were the old templates..

I would advise only using the "foxtrot" version.

At the moment I do not have time to pull that time frame up in backtesting but I will be sure to look into that.

Again these indis do not repaint. So please Triple check that all the templates and correct indis are loaded.

Foxtrot only.

I should have some time later tonight to get this figured out with ya!

Thank you again for your time and interest!

Tx to my friend Indrik i think the problem was using the daily indicator on hourly charts, and that affect the indicator work as it is set for daily trade if i fix the setting in the indicator period from 1440 to 0 the problem is solved. so sorry it wasnt indicator mistake and it is not repainting at all it is just moving.

So good to hear you got it worked out buddy!

And a HUGE thanks to Indrik for steppin in and helpin a friend out!

Kudos to both of you and look forward to seeing some work from ya'll soon!