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Andrew Forex Trading System

  • #561
  • Jul 3, 2011 10:59am Jul 3, 2011 10:59am
Quoting gico
Just saw it and got in as well but it's still trying to pass the daily supertrend .
Hi gico Please share indicator " Waddah attar Explosions " Regards
  • #562
  • Jul 5, 2011 12:33am Jul 5, 2011 12:33am
Andrew, thank you for your brain work you on this system. May God bless you richly. I just came across you system hours ago in this forum, I studied and tested it, I saw the result clearly. I also thank everyone that made this system worth trying. God bless us all
  • #563
  • Jul 6, 2011 5:00pm Jul 6, 2011 5:00pm
Quoting yogesheena
i dint get u bro... this is some thing mind blowing system, what a way to approach the forex market and kill pips and to be on the odd side. thanks for the respond.

i have a question say we have clear up trend on H4 and we get a reversal bar ut say we have serious of reversal bars but the trend is still up, so we take still the first reversal bar or the last one.

and say if u came on the charts in morning and u see the there has treding up pair , but we see tht the pair has reversed four to five times and they all have successful trend back up...
Can you do a screen shot of your question for more clarity. i didn't get u.
  • #564
  • Jul 6, 2011 11:26pm Jul 6, 2011 11:26pm
hey chemmy i got the answer to my question i went to all the videos again... it was like i looked all the videos all in one day so went to sleep but took videos session by session and makes notes now its fit in my head, i am not going to trade aggressive style i loved the old andrew logic which has so much solid base in what is teach just perfectionist andrew but where is he not seen a post from him from long time.....

andrew sir any new updates or any thing plz comment or please mail me on
[email protected]
  • #565
  • Jul 8, 2011 2:38am Jul 8, 2011 2:38am
from past one week i am trading in demo not getting any great success
any tips as of now i am looking at 7 pairs but gettin 50% 50% results

is the session i am enteing is wrong i traade from asain to UK to US i stay in INDIA so its good for me to take few hours of ASAIN session full london and again few hours of US

how to trade and which session
  • #566
  • Jul 10, 2011 6:38pm Jul 10, 2011 6:38pm
Quoting yogesheena
from past one week i am trading in demo not getting any great success
any tips as of now i am looking at 7 pairs but gettin 50% 50% results

is the session i am enteing is wrong i traade from asain to UK to US i stay in INDIA so its good for me to take few hours of ASAIN session full london and again few hours of US

how to trade and which session
Keep trading the 50% That are winning....

Just Joking!
I've never traded this on a short time frame, I have traded it on 4 Hour and daily and it works well.
Maybe try a higher time frame with less pairs..
  • #567
  • Edited 7:39am Jul 11, 2011 7:29am | Edited 7:39am
I've been following this system for a while now, and just gave it a go today.

I've already got a floating profit of 550pips+ with 10 trades open at the moment.

I also have 4 pending orders ready to go.

The first post is all you ever need, no wonder why this thread is so quiet!

EDIT: Looks like today is a massive and strong down move all over the market, I was just reading another thread where the result was strong selling as well. I guess this system will have it's fast and it's slow days too
  • #568
  • Jul 11, 2011 5:36pm Jul 11, 2011 5:36pm
Quoting yogesheena
from past one week i am trading in demo not getting any great success
any tips as of now i am looking at 7 pairs but gettin 50% 50% results

is the session i am enteing is wrong i traade from asain to UK to US i stay in INDIA so its good for me to take few hours of ASAIN session full london and again few hours of US

how to trade and which session
it does not matter the season you trade, the system works. Focus on these pairs for now and see result. they are eur/jpr, eur/usd, gbp/usd & aud/jpy
  • #569
  • Jul 11, 2011 8:02pm Jul 11, 2011 8:02pm
Quoting yogesheena
from past one week i am trading in demo not getting any great success
any tips as of now i am looking at 7 pairs but gettin 50% 50% results

is the session i am enteing is wrong i traade from asain to UK to US i stay in INDIA so its good for me to take few hours of ASAIN session full london and again few hours of US

how to trade and which session
Seems to me you are not understanding the first post.

Hint:
Before you enter, you must let the price retrace back so that it forms a recent low (for sell-stop) or a recent high (for buy-stop) to base your entry from.
  • #570
  • Jul 11, 2011 11:46pm Jul 11, 2011 11:46pm
got u guys thnks will try in few pairs......
  • #571
  • Jul 16, 2011 6:29pm Jul 16, 2011 6:29pm
I have been to all this thread. I really like the patient and curiosity of you guys and i have been to all the discussion of you guys about this system..which truly is not giving you the potential of the trade.

I can modify it in such a way it will give 3:1 risk reward ratio. I will give you guys examples on the same charts posted by andrew...

So i hope waiting will be worth to you guys..i will be back soon.

Regards.

Shaik mohammed.......4m dubai.
  • #572
  • Jul 16, 2011 11:44pm Jul 16, 2011 11:44pm
Is it similar with the AVERAGE TRUE RANGE TRAILING STOPS published by Sylvain Vervoort in Stocks & Commodities?

This system only very profitable in trending market.




Quoting Andrew Forex

Description of my trading system ″Andrew Forex″


Currency pair: any, but better cross-pairs that give good trends.
Time frame: any, but usually 4-hour
Indicators: supertrend, nonlagdot (value: 20)

Entry rules


Buy: a dot of Nonlagdot changes from red to blue. At the same time dots of nonlagdot should be above the Supertrend line. Also the Supertrend line should be green. A position should be opened by execution of a pending...
  • #573
  • Jul 17, 2011 10:15am Jul 17, 2011 10:15am
Quoting shaiks
I have been to all this thread. I really like the patient and curiosity of you guys and i have been to all the discussion of you guys about this system..which truly is not giving you the potential of the trade.

I can modify it in such a way it will give 3:1 risk reward ratio. I will give you guys examples on the same charts posted by andrew...

So i hope waiting will be worth to you guys..i will be back soon.

Regards.

Shaik mohammed.......4m dubai.
Post away. We are waiting to see how it can be improved.
  • #574
  • Jul 18, 2011 1:36am Jul 18, 2011 1:36am
Its a good trending system. When its not in trend it can kill your gains
I like the system.
  • #575
  • Jul 19, 2011 5:01am Jul 19, 2011 5:01am
hi
this system is good in smaller time frame it rocks.
  • #576
  • Jul 20, 2011 10:03pm Jul 20, 2011 10:03pm
Anyone done any back-testing on different time frame as well as currency pair?

It seem to be more reliable on the 1hr time frame for aud/usd than the 4hr time frame. Result for me has been mixed so far.

Tried a couple of short time frame 15min for NZD/USD and it hit my SL. Now sticking to higher time frame of 1hr and 4hr.
  • #577
  • Jul 20, 2011 10:07pm Jul 20, 2011 10:07pm
My latest 4hr trade on the GBP/AUD currency pair is in the RED.

Past experience, i think it is more profitable to take the 20-30 pips offered by the market on the break instead of holding on for longer term. Although the Risk Reward Ratio is not attractive.

What is the view of others who has tried the system?

So far it is like 80-90% success rate for me if i set TP at 20pips on the break.
  • #578
  • Jul 20, 2011 10:27pm Jul 20, 2011 10:27pm
Hi Chemmy,

what is the time frame that you are using for those currency pair?

Thanks and appreciate your reply.

Quoting chemmy1
it does not matter the season you trade, the system works. Focus on these pairs for now and see result. they are eur/jpr, eur/usd, gbp/usd & aud/jpy
  • #579
  • Jul 20, 2011 11:56pm Jul 20, 2011 11:56pm
Quoting erelation
My latest 4hr trade on the GBP/AUD currency pair is in the RED.

Past experience, i think it is more profitable to take the 20-30 pips offered by the market on the break instead of holding on for longer term. Although the Risk Reward Ratio is not attractive.

What is the view of others who has tried the system?

So far it is like 80-90% success rate for me if i set TP at 20pips on the break.
honer the stop. When the h4 is trending and your in you make 1000s of pips BUT ranging markets give you a nail biting Draw Down for awhile. I just like the set and forget nature. I move the stop manually. Check the charts every few hours etc easy
  • #580
  • Jul 21, 2011 12:35am Jul 21, 2011 12:35am
Thank Tommbstone.

What is the best time frame for you so far? 4hr? daily?
Which currency has been most accurate for you?

It is getting near to my SL... hope it wasn't hit it....

For short time frame.. the audjpy seem to work well on 15min for me.


Quoting tommbstone
honer the stop. When the h4 is trending and your in you make 1000s of pips BUT ranging markets give you a nail biting Draw Down for awhile. I just like the set and forget nature. I move the stop manually. Check the charts every few hours etc easy
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