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Kevinator 5m retracement-Live trading

  • #1,181
  • Jun 18, 2011 2:23am Jun 18, 2011 2:23am
Quoting Android38
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
30 pips a day?.......Try 300 to the focused.I made 175 half sleep and took those last trades of the day (which I should have closed before the market closed) and thats another 40+ pips.

So 215 pips today and all the trades are posted on the last 10 or so pages.

I missed many trades which would have taken me to 3 or 400 just as you predicted.Your right one key android.
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  • #1,182
  • Jun 18, 2011 2:26am Jun 18, 2011 2:26am
I will say this...For the best results use the system from 12am est to 4pm est for mom trades .After those hours 60m stoch trades for short pips.
  • #1,183
  • Jun 18, 2011 2:27am Jun 18, 2011 2:27am
Any questions,

if you need me to walk you through something now is the time to ask.
  • #1,184
  • Jun 18, 2011 2:32am Jun 18, 2011 2:32am
Yeah, i've asked many time with same question..but you haven answer me yet.

for 60 trade we just look at PA at TMA & 60 stoch only right? Not care about 240 stoch right?

For 240 trade we only care bout PA at TMA & 240 stoch only right? Not care about 60 stoch right?

If 60 & 240 stoch in the same direction then it is bonus or looking for great profit.

Hope u can clear this up.
  • #1,185
  • Jun 18, 2011 2:34am Jun 18, 2011 2:34am
Can I ask if you can find time to make an update on page 1

There have been some new updated indikators lately

and it would be a help for me to know

what we use now

thanks in advance.

Peter
  • #1,186
  • Jun 18, 2011 2:50am Jun 18, 2011 2:50am
Quoting Android38
Yeah, i've asked many time with same question..but you haven answer me yet.

for 60 trade we just look at PA at TMA & 60 stoch only right? Not care about 240 stoch right?

For 240 trade we only care bout PA at TMA & 240 stoch only right? Not care about 60 stoch right?

If 60 & 240 stoch in the same direction then it is bonus or looking for great profit.

Hope u can clear this up.
That is exactly right....You understand what we are doing and how to execute the trades.

I like the fact that you can forsee the potential of the daily yield.In fact you have it marked out.

It will be exhausting to keep the pace for 24hrs so Just start at 12am est and end at 4pm est and you will be just fine.

If you stick with this program for two months you will be in another tax bracket.This is literally the keys to the bank vault that everyone has tried to unlock but could not.

It is one thing to understand the trading system.But it is another to forsee that you have the potential to execute the strategy and make a few hundred pips a day.

There are people that will be very,very happy with the pips we make in a day for them to make in a month.
  • #1,187
  • Jun 18, 2011 2:53am Jun 18, 2011 2:53am
Quoting fratelli
Can I ask if you can find time to make an update on page 1

There have been some new updated indikators lately

and it would be a help for me to know

what we use now

thanks in advance.

Peter
I have to get with John to for the newest versions and any code fixes which I will post on first entry.I could give you what I have but I would like him to RAR it and post so it will be maybe tomorrow but by sunday open and I will remember to send you a PM.
  • #1,188
  • Jun 18, 2011 3:02am Jun 18, 2011 3:02am
Hi

Thanks Kevinator

that make sence to me.

So I will watch for when you and John fixed that.

Peter
  • #1,189
  • Jun 18, 2011 3:03am Jun 18, 2011 3:03am
Thanks you for clearing my doubt..
At the moment i only have limited time to trade with.
Hopefully it will gain my confidence and soon become full time trader:-)

How long have you trading with this system?
  • #1,190
  • Jun 18, 2011 3:07am Jun 18, 2011 3:07am
I've heard that people were having trouble backtesting. Are we able to backtest with the current indicators as they are?
  • #1,191
  • Jun 18, 2011 3:09am Jun 18, 2011 3:09am
HI Kevinator!In MOM trades you enter with reverse of RF or with touch of TMA?thanks.
  • #1,192
  • Jun 18, 2011 3:24am Jun 18, 2011 3:24am
Hello Art

MOM=MOMentum

We first look at the 240 stoch for trend direction.

In this case the trend is up (4hr trend).

Within the TMA band price is moving upward.

We wait until price pulls back to the bottom TMA band and enter Long.

Exit is at the top of TMA or if you get a large spike and the market looks like it is going to keep going hold it.You may have the lowest price of a big move!

Vice versa for a short.Do you understand this.

I would begin trade at 12am est and end trade at 4pm est trading all the majors except usdjpy including eurjpy.
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  • #1,193
  • Jun 18, 2011 3:27am Jun 18, 2011 3:27am
Quoting Rexz
I've heard that people were having trouble backtesting. Are we able to backtest with the current indicators as they are?
Just scroll back a few months and test it manually to see the price action.

I am recommending you trade between the hours of 12amest and 4pm est.I am not responsible for results otherwise as there is a lack of proper liquidity to carry our trades through.
  • #1,194
  • Jun 18, 2011 3:33am Jun 18, 2011 3:33am
but you wait fo signal of RF or only pullback to bottom of TMA for entry?thanks
  • #1,195
  • Jun 18, 2011 3:43am Jun 18, 2011 3:43am
For me sometimes I take the entry as price hits the outside of the band but correct entry is with rf finder.Once you do enough of the trades you will say to your self.I already know what is going to happen so I am entering outside of the band.

That approach will get you into trouble sometimes especially when there is a big move the drawdown can be up to 40 pips but if you would have waited for the rf finder you would have perfect entry.

So for now use the rf finder for entry.....when you get 15 or 20 trades under your belt you will see what makes the most sense...outside TMA band entry.
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  • #1,196
  • Jun 18, 2011 3:48am Jun 18, 2011 3:48am
Here is another......
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  • #1,197
  • Jun 18, 2011 3:53am Jun 18, 2011 3:53am
Any more question,comments,concerns?

I am here and this is the time to ask.No question is wrong or to small to ask.
  • #1,198
  • Jun 18, 2011 4:08am Jun 18, 2011 4:08am
Morning Kevin
first of all a big thank you for all your work here, i have the original indicators on my chart, can you tell me where to find your updated as you show on your latest chart here,
god blees you
  • #1,199
  • Jun 18, 2011 4:18am Jun 18, 2011 4:18am
Hi Kevin,

Want to thank you first for this great system you have created and for helping the traders that really need help in their trading ( me included ).

It is a system that is not stressfull, very profitable and enjoyable, and as you say it IS possible to make 1000 pips per week.

Just one question I would like you to clear up for me is that when we are in a MOM trade and the the 60 and 240 stoch are one way, then the on the next step of the 60 stoch the step starts to flash colours (blue/red) then goes oposite to the 240 stoch do we still count this as MOM trade and wait for it to change into the same direction or do we now count this as a short trade and use a smaller tp say centre of TMA.

Hope you understand my question Kevin.

Thanks.
  • #1,200
  • Jun 18, 2011 4:25am Jun 18, 2011 4:25am
Here is the update
Attached File(s)
File Type: zip Kevinator update.zip   19 KB | 762 downloads
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