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A "new" simple system based on MA

  • #421
  • Jul 5, 2011 10:27pm Jul 5, 2011 10:27pm

nice sutters, that was a good move ,big momentum down and pullback, but I sleep already.

hope today we also see good setups at my screentime from now to london close.



Quoting sutters
Cheers h good to see you still here.
Some nice action after i went to bed unfortunatly, first trade on the chart is more my own thing worked well as you can see but the second one would you guys trade that?
  • #422
  • Jul 5, 2011 10:33pm Jul 5, 2011 10:33pm
thanks hmaoui,
I will still try to show my trades, and give some info.

I make money from your system, thanks for that.
hope I can give you back a little in contribute at this thread.

cheers




Quoting hmaoui
Yes, I am very happy to see that the system is now mastered by some of you loke Infinipiz, Punisher, or Bom-Bom for example. I think that you can really listen to them when you ask a question !

I hope they will be more available than me because my regular job take a lot of time these days. Hopefully, I can let you wtih the rules and with members I told you about just above.

I dont give up this thread, but I want to launch another one after my holidays which I use on bigger TF. It is a very simple system too which will give you lots of pips if...
  • #423
  • Jul 5, 2011 10:35pm Jul 5, 2011 10:35pm
Hey Punisher,
Yeah your in a similar time zone to me by the look of it.
I was asleep to but a great set up for sure.
  • #424
  • Jul 6, 2011 2:46am Jul 6, 2011 2:46am
in at the cross line at the pic and out at 80 here now for 28 pips, after spread and com, that's 2.8% for the day. wow

good yesterday I patience, make my $$ today.

the arrows at my pic are only fractal standard , is only for my old eyes, that is at my jforex platform
Attached Image (click to enlarge)
Click to Enlarge Name: euro.png Size: 27 KB
  • #425
  • Jul 6, 2011 3:29am Jul 6, 2011 3:29am
Great trade Punisher, I actually missed the entry on that one but was scalping on the way down so all good.
Thanks for the charts
  • #426
  • Jul 6, 2011 3:48am Jul 6, 2011 3:48am
so here a good entry again at euro.

I play by the broker money and risk only 0.8% , so I still have 2% for the day, protect the money

I had a small SL only 7pips and out at +14 so I have a RR 1:2 and win 1.6%

I love that system, we need only good day like today and have to look for textbook entry's, then we are the winner!
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 110 KB
  • #427
  • Jul 6, 2011 3:50am Jul 6, 2011 3:50am
it's a pleasure for me

I wait for my first loss Trade to show, hope far in the future :-)

Quoting sutters
Great trade Punisher, I actually missed the entry on that one but was scalping on the way down so all good.
Thanks for the charts
  • #428
  • Jul 6, 2011 3:50am Jul 6, 2011 3:50am
again would like to thanks hmaoui for sharing we us this great system.

Last few days, am not able to trade as I am on the road. Today still on my trip, but managed to find a good place with Internet access + able to take few hours break.

Here is my trade for the day, and it is good for me, thanks again hmaoui

http://i589.photobucket.com/albums/s..._201107061.gif

Entry @ 1.44105
First exit @ 1.44002 (80% out with 10.3p)
2nd exit @ 1.43732 (10% out with 37.3p)
3rd exit @ 1.43680 (10% out with 42.5p)

meet my daily target and am done for the day.

green pips to all
  • #429
  • Jul 6, 2011 3:56am Jul 6, 2011 3:56am
last Trade, you all will see there are many signals before , but I wait for the price come to the middle MA that's are my best signals, if the next candle then break out from the MA channel I jump in.

cheers
  • #430
  • Jul 6, 2011 3:58am Jul 6, 2011 3:58am
hope that enough for a gasoline fill up :-)



Quoting infinipipz
again would like to thanks hmaoui for sharing we us this great system.

Last few days, am not able to trade as I am on the road. Today still on my trip, but managed to find a good place with Internet access + able to take few hours break.

Here is my trade for the day, and it is good for me, thanks again hmaoui

http://i589.photobucket.com/albums/s..._201107061.gif

Entry @ 1.44105
First exit @ 1.44002 (80% out with 10.3p)
2nd exit @ 1.43732 (10% out with 37.3p)
3rd exit @ 1.43680 (10% out with 42.5p)

meet...
  • #431
  • Jul 6, 2011 7:31am Jul 6, 2011 7:31am
I hope you will make a lot of pips from the system ! And the more you will use the system, the more you will be able to earn money because you will recognize easily the perfect setups. And thank you to help me keeping this thread alive. It will let me launch a new thread on a second system which I use on 1h TF.

Also I hope to become a full time trader at the end of the year, so I will be available a little more than now to answer questions on 2 threads.

Quoting punisher
thanks hmaoui,
I will still try to show my trades, and give some info.

I make money from your system, thanks for that.
hope I can give you back a little in contribute at this thread.

cheers
  • #432
  • Jul 6, 2011 7:40am Jul 6, 2011 7:40am
I took that trade too ! It is a perfect setup and as there is a trend, a nice pullback, nice candles, and a PP level (S1 London Time) so you are in a really safe one ! I put a TP at 1,4313 and it was exited at this level during my lunch. I risked 2% with an 8 pips SL which allowed me to take 12 lots for a 57 pips profit !!! I'm done for the day....what a nice system when you master it ! Dont give up, follow the rules, be patient, you will make a lot of money !

Quoting punisher
so here a good entry again at euro.

I play by the broker money and risk only 0.8% , so I still have 2% for the day, protect the money

I had a small SL only 7pips and out at +14 so I have a RR 1:2 and win 1.6%

I love that system, we need only good day like today and have to look for textbook entry's, then we are the winner!
  • #433
  • Jul 6, 2011 8:08am Jul 6, 2011 8:08am
You are welcome !!! I am rellay happy that you manage to get pips from this system. Follow strictly the rules, wait for perfect setups, and jump in ! You will get your financial freedom.

I hope this thread will stay alive thanks to all contributors as I hope to be a full time trader at the end of the year and I need some interaction with other traders ! Making pips alone behind his screen is really boring.

I may setup a business to give learning courses about forex. Not (only) to earn money, but I think I train some who dive in FX without the skills and are disappointed by their results. We have to train them, at the best cost (when I see some prices, I am really surprised), to help them getting their financial freedom and to give me a "social life"

Quoting infinipipz
again would like to thanks hmaoui for sharing we us this great system.

Last few days, am not able to trade as I am on the road. Today still on my trip, but managed to find a good place with Internet access + able to take few hours break.

Here is my trade for the day, and it is good for me, thanks again hmaoui

http://i589.photobucket.com/albums/s..._201107061.gif

Entry @ 1.44105
First exit @ 1.44002 (80% out with 10.3p)
2nd exit @ 1.43732 (10% out with 37.3p)
3rd exit @ 1.43680 (10% out with 42.5p)

meet...
  • #434
  • Jul 6, 2011 1:51pm Jul 6, 2011 1:51pm
Iv mastered the system, and its crazyly fantastic...!!!!! I kind of like to take the first trade of the trend as well just for 7-8 pips which today turned into a 70 pip winner two full lots live and i trade full time so that money is like a lot ! some times luck just plays a part...!! i do understand now how you guys do it....wait for a 50-60 pip move and then get in with rules(each his own). which works to....i dint get in on your entries but i was counting how many good entries i had......couldnt stop counting

Thnx a ton....!
  • #435
  • Jul 6, 2011 8:41pm Jul 6, 2011 8:41pm
Quoting hmaoui
I took that trade too ! It is a perfect setup and as there is a trend, a nice pullback, nice candles, and a PP level (S1 London Time) so you are in a really safe one ! I put a TP at 1,4313 and it was exited at this level during my lunch. I risked 2% with an 8 pips SL which allowed me to take 12 lots for a 57 pips profit !!! I'm done for the day....what a nice system when you master it ! Dont give up, follow the rules, be patient, you will make a lot of money !
Almost $7,000 in one day makes me moist!
  • #436
  • Jul 6, 2011 11:20pm Jul 6, 2011 11:20pm
hahaha yeah pretty good going for sure.
  • #437
  • Jul 7, 2011 2:00am Jul 7, 2011 2:00am
day start bad for me :-(

make a mistake

I trigger at the close from the green candle and price go against me immediately, so I'm out -12.

then you all see after trigger my SL go up again.

was in hindsight not a good entry, we had yellow euro News and price was at a resistance, so not much room and also the time before london open, ok I pay for that -1%
Attached Image (click to enlarge)
Click to Enlarge Name: eu_.png Size: 34 KB
  • #438
  • Jul 7, 2011 3:59am Jul 7, 2011 3:59am
That's it ! And be sure that when I placed my first trade with this system, my capital was "only" 5K€ ! I followed the rules until now and I have enough capital to win around 7,000$ some days. Just do it, you will grow your capital enough to get serious incomes !

Quoting JusticeFX
Almost $7,000 in one day makes me moist!
  • #439
  • Jul 7, 2011 4:01am Jul 7, 2011 4:01am
Here are possible entries. I was sleeping but it was valid entries.
Attached Image (click to enlarge)
Click to Enlarge Name: chart 25.jpg Size: 365 KB
  • #440
  • Jul 7, 2011 4:06am Jul 7, 2011 4:06am
It is not really a mistake. It's just the system cannot warranty you a 100% winning rate ! You must accept your losses. Be confident in the system and assume there will be some losses. But winners are pretty much than losers, and if you respect only a ratio of 1,5 (even if I advise a ration of 2) you will earn money. You know it.

Quoting punisher
day start bad for me :-(

make a mistake

I trigger at the close from the green candle and price go against me immediately, so I'm out -12.

then you all see after trigger my SL go up again.

was in hindsight not a good entry, we had yellow euro News and price was at a resistance, so not much room and also the time before london open, ok I pay for that -1%
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