Kevinator 5m retracement-Live trading | Page 50 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Dukascopy Live Account - Don't Post if you haven't traded live with them! 117 replies

My Live Trades on my Live Account 588 replies

go live or bust ... diary of an fx live-trader-wannabe 1,621 replies

Trade 2 live accounts - one with full balance, 2nd as a live test? 0 replies

Oanda 10$ live acc quick-start guide (for newbie to trade live safe) 13 replies

Attachments: Kevinator 5m retracement-Live trading
Exit Attachments

Kevinator 5m retracement-Live trading

  • #981
  • Jun 16, 2011 5:49pm Jun 16, 2011 5:49pm
Well all I can say is my wife knows nothing about trading I showed her this system cause its easy to see and trade. She had trouble the very first day so I had to show her a few things she did wrong since then she has had to very profitable days and made up for her mistakes. Hopefully she can keep it up we will see.
  • #982
  • Jun 16, 2011 5:51pm Jun 16, 2011 5:51pm
Also the range bars look interesting I can't find a indy or script for it so if Miss Cute can give us one would be many thanks to her.
  • #983
  • Jun 16, 2011 6:02pm Jun 16, 2011 6:02pm
Quoting turboguru
Also the range bars look interesting I can't find a indy or script for it so if Miss Cute can give us one would be many thanks to her.
You can find a free range bar indicator at the following link.

http://novacodetrader.com/s/novachart-2/
  • #984
  • Jun 16, 2011 7:40pm Jun 16, 2011 7:40pm
Quoting tiverton
You can find a free range bar indicator at the following link.

http://novacodetrader.com/s/novachart-2/

Thanks got it will take a look
  • #985
  • Jun 16, 2011 7:56pm Jun 16, 2011 7:56pm
Here is a quick ej long trade. Price came down to lower TMA line with 4hr Stoch in the up mode. Took the long for a quick 13 pips. Price got to the trend line and got out. Need to have a few more trades because I didn't trust that price was going to break the trend line and go to the upper TMA band which it did. Hindsight is great in trading but as long as I'm making positive pips I'll try not to get too greedy.
Attached Image (click to enlarge)
Click to Enlarge Name: ej 5m long t1 17.6.11.jpg Size: 160 KB
  • #986
  • Jun 16, 2011 8:05pm Jun 16, 2011 8:05pm
Short UCH
Attached Image (click to enlarge)
Click to Enlarge Name: uc.gif Size: 27 KB
  • #987
  • Jun 16, 2011 8:10pm Jun 16, 2011 8:10pm
Quoting ozziedave
Here is a quick ej long trade. Price came down to lower TMA line with 4hr Stoch in the up mode. Took the long for a quick 13 pips. Price got to the trend line and got out. Need to have a few more trades because I didn't trust that price was going to break the trend line and go to the upper TMA band which it did. Hindsight is great in trading but as long as I'm making positive pips I'll try not to get too greedy.

Nice one
  • #988
  • Jun 16, 2011 8:13pm Jun 16, 2011 8:13pm
Quoting turboguru
Short UCH

Taking to long closed with +4
  • #989
  • Jun 16, 2011 10:21pm Jun 16, 2011 10:21pm
AU long MOM trade:
Attached Image (click to enlarge)
Click to Enlarge Name: aulong6611.jpg Size: 130 KB
  • #990
  • Jun 16, 2011 10:25pm Jun 16, 2011 10:25pm
GBPUSD : MOM TRADE
Attached Image (click to enlarge)
Click to Enlarge Name: Sem título.png Size: 127 KB
  • #991
  • Jun 16, 2011 10:37pm Jun 16, 2011 10:37pm
Hey everyone, great thread. thanks to kevin and all other for a great system.
  • #992
  • Jun 16, 2011 10:38pm Jun 16, 2011 10:38pm
I am in on the AU long trade. Its looking good
  • #993
  • Jun 16, 2011 11:38pm Jun 16, 2011 11:38pm
This is what I was talking about. It met the criteria to go Long. Few minutes later the trend reverses. Without proper money management, a trader will lose, or lose more. Guys and gals, MINIMIZE your loss by planning what to do if the market goes against you. Just be patient and recuperate in the next setups.


Quoting forexforex
I have been evaluating your system, Kevinator. For most part it is profitable. The entry setup is good. However, it would still require money management. People here who have been complaining of their losses are the ones who don't know what to do if their trades go against them. For example, The stoch 240 min shows green. And so, he waits for the retracement to happen, and place a buy when the price hits the lower band. BUT what that person have forgotten is that their is also a "break point", which is when the new trend will develop....
Attached Image (click to enlarge)
Click to Enlarge Name: 6 7 a.jpg Size: 61 KB
  • #994
  • Jun 17, 2011 12:01am Jun 17, 2011 12:01am
Is this a MOM trade?
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 20 KB
With God all things are possible.
  • #995
  • Jun 17, 2011 12:12am Jun 17, 2011 12:12am
It reversed and took my stop loss of 10 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.gif Size: 20 KB
Click to Enlarge Name: 2.gif Size: 20 KB
With God all things are possible.
  • #996
  • Jun 17, 2011 12:14am Jun 17, 2011 12:14am
Quoting Dehyah
Is this a MOM trade?
Looks Good
  • #997
  • Jun 17, 2011 12:16am Jun 17, 2011 12:16am
Quoting Dehyah
It reversed and took my stop loss of 10 pips
Your stop loss is a little too tight. Try a little larger stop loss next time.
  • #998
  • Jun 17, 2011 12:19am Jun 17, 2011 12:19am
Quoting Dehyah
It reversed and took my stop loss of 10 pips
The 1hr stocastics is still in sell mode so it would be bad to take a long trade. It would be good to concentrate on 1 hr stocastics for short term trades. Also the nearby peak and trough could be a good stoploss.
Nobody ever went broke taking profits.
  • #999
  • Jun 17, 2011 12:22am Jun 17, 2011 12:22am
syste looks good, but I read so little on SL you guys use, where do you set it, do you used a fixed SL. Please help me on this.
  • #1,000
  • Jun 17, 2011 12:24am Jun 17, 2011 12:24am
Quoting Dehyah
Is this a MOM trade?
Hi D If I may comment , all looked good except price did not close above tma bottom line . maybe delay entry till 5m bar closes to see where it ends up.
This is how I see it .... Kevinator pls comment if I am wrong.
1 trader viewing now