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  • #1,161
  • Jun 17, 2011 3:00pm Jun 17, 2011 3:00pm
I just want to say that I finally think I have find the strategy that can turn my trading around to the better.

So Thanks to Kevin for showing and also thanks to all off you great traders here that have made some great comments .

I learns a lot from you about this setup.

I am looking forward to next week

have a nice weekend all.

Peter
  • #1,162
  • Jun 17, 2011 3:09pm Jun 17, 2011 3:09pm
Quoting omi
Closed 2/3 @ +35

Stop to break-even on remaining 1/3

Let it ride..
Hi

No trading for me today as i have had other business to take care of.

See that you have had another fantastic day

My AU trade from yesterday(1/3 position which i let run) closed out at break-even...still had a good week tho..

Thanks to kevin for the system and continued support.

Also like to thank all the other major contributers to this thread(too many to mention,you know who you are) who have found success with this system and helped others in their own way

Have a great weekend ALL.

See you all next week.
  • #1,163
  • Jun 17, 2011 3:19pm Jun 17, 2011 3:19pm
Ok so the thread has matured some what. I was wondering if we should open up a chat room on skype or something so we can discuss things in realtime. I don't know if Kevin is interested, although I did PM you What do you reckon?
  • #1,164
  • Jun 17, 2011 3:25pm Jun 17, 2011 3:25pm
Quoting Rexz
Ok so the thread has matured some what. I was wondering if we should open up a chat room on skype or something so we can discuss things in realtime. I don't know if Kevin is interested, although I did PM you What do you reckon?
I wanted to suggest that too-hope he will agree. I took now 20 pips 1hr before the close (i never trade in friday night) this is the first time thanks to the system!
  • #1,165
  • Jun 17, 2011 6:07pm Jun 17, 2011 6:07pm
Quoting Rexz
Ok so the thread has matured some what. I was wondering if we should open up a chat room on skype or something so we can discuss things in realtime. I don't know if Kevin is interested, although I did PM you What do you reckon?
In my experience opening chat rooms trends to be counter productive. No matter how well the methodology is defined everyone wants to use their own modifications and this leads to mass confusion, especially with the newbies. After about 3-4 weeks of in fighting amongst the group most people will lose interest, move on and the chat room dies. I've been trading for a long time now and I've been involved in a few chat rooms and this happens in almost every room I've got involved with. Even if you have a strong leader like Kevin, he can't be in the room 24/7 to keep people on track. Even if he could I would imagine he wouldn't want to be in the room 24/7 otherwise his trading account would suffer.

Again, just my two cents worth.
  • #1,166
  • Jun 17, 2011 7:33pm Jun 17, 2011 7:33pm
Kevin,

I believe its the Grace of Jesus and the wisdom that the Holy Spirit has given you to share and learn what you have taught these guys here...

I pray that my trades will start to really become more successful after reading the inspiring things here.

Stay blessed, and I pray God blesses you and uses you more then he already has. Great stuff bro.
  • #1,167
  • Jun 17, 2011 8:39pm Jun 17, 2011 8:39pm
I second that Dave.


Quoting ozziedave
In my experience opening chat rooms trends to be counter productive. No matter how well the methodology is defined everyone wants to use their own modifications and this leads to mass confusion, especially with the newbies. After about 3-4 weeks of in fighting amongst the group most people will lose interest, move on and the chat room dies. I've been trading for a long time now and I've been involved in a few chat rooms and this happens in almost every room I've got involved with. Even if you have a strong leader like Kevin, he can't be in the room...
  • #1,168
  • Jun 17, 2011 10:09pm Jun 17, 2011 10:09pm
I'm doing back test on EURUSD for this system.

Blue vertical line is MOM trade
Red vertical line is scalper trade

1 lose out of 15 trade = 93% of profitable % with 7% drawdown

Total 405 pips green pips on 1.5 days times

Wow!!! Amazing right?

So far the most profitable and consistent manual system in FF trade so far

Try out your own back test on difference pair.

Need Kevin's comment on red and blue line that i draw..is it follow the correct rules?

Attached Image
  • #1,169
  • Jun 17, 2011 10:20pm Jun 17, 2011 10:20pm
Quoting Dave1
Kev on your template you have my entry - entry - reentry but it is not clear to me where exactly you would execute these trades. Can you or anyone clarify please.
Hi Dave1, I would execute the trade on the trigger of the lead Magenta bar. Thats the most important bar after the setup is formed. Most of the time when setup is clear u can have the nearest trough or peak as stoploss.
Nobody ever went broke taking profits.
  • #1,170
  • Jun 18, 2011 1:17am Jun 18, 2011 1:17am
aries2103, thank you.
  • #1,171
  • Jun 18, 2011 1:24am Jun 18, 2011 1:24am
Do you have any questions about any of the trading material?
  • #1,172
  • Jun 18, 2011 1:28am Jun 18, 2011 1:28am
Hi Kevin,

Do you have any tips or advise on determining reversals in the trend other than waiting for the 4hr stoch to change from one colour to the other?
  • #1,173
  • Jun 18, 2011 1:38am Jun 18, 2011 1:38am
I do regarding other trading strategies which you are not familiar with but I do not regarding the current system which we are focusing on.We take our signals from the 4hr stoch.

Is that not good enough for you? I am interested in your concern and would like to know why you are warning other traders of something.

I noticed that on your previous post there was a warning in the title and would like to know specifically what you are talking about?

Also are you and do you know paulus which I previously banished from this thread and are you and he communicating via pm?
  • #1,174
  • Jun 18, 2011 1:42am Jun 18, 2011 1:42am
Amen Bro. God is Good, All the time. All the time God is Good
  • #1,175
  • Jun 18, 2011 1:53am Jun 18, 2011 1:53am
I am patiently waiting for your reply Ozzie dave.

If any new traders have any valid questions do not hesitate to ask?
  • #1,176
  • Jun 18, 2011 1:53am Jun 18, 2011 1:53am
Kevin this method almost catch all the pips in fx market..

60 trade catch high risk short term trend
240 trade catch low risk long term trend
both combined with 60 & 240 on same direction is lowest risk with highest profit.

SL is hard to set because we are using low tf maybe set fix value at 20-30pips...
TP is next TMA line with trailing if more pips wanna catch.

One question, do you trade 240 with 60 in difference direction, just follow 240 direction and ignore 60 direction?
  • #1,177
  • Jun 18, 2011 1:54am Jun 18, 2011 1:54am
Hi Kevin, thanks for your system and help.

Please, when do you exit of the trade? Which are the conditions to exit of the trade?

Thanks for you help and happy weekend for all.
  • #1,178
  • Jun 18, 2011 1:55am Jun 18, 2011 1:55am
Kevin,

Pls help to check my post on #1169..

Is that all correct?
  • #1,179
  • Jun 18, 2011 2:02am Jun 18, 2011 2:02am
When people finally realize the true potential of what we are talking about it is like a light goes off in your head and you understand.

This is the moment of enlightenment.

You understand that you can make a few hundred pips a day trading this system.

That chart you posted is one pair.Imagine when you can manage all the majors minus the usdjpy as that is like watching molasses pour out of a jar.

The others give good movement.

The only advice I would give you is begin work at 12am est and end when you no longer want to trade.Go no farther than 4pm est that is the end of the day.

You should pull 1000 a week if you trade that way.That big market move you always used to miss.You will get it everyday now.
  • #1,180
  • Jun 18, 2011 2:12am Jun 18, 2011 2:12am
Unfortunately i'm not yet a full time trader...
I only have 2-3 trading hour per day.

I usually trade on US open session.

Hopefully it can consistently give me 30pips per day
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