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Easy no stress daily charts:)

  • #621
  • Aug 26, 2011 12:37pm Aug 26, 2011 12:37pm
Quoting Slurpee
stopped out audusd and usdchf as well... usdchf -170, audusd -170

..... ok, enough crying, lets get ready for another trade!

This is part of the game, we should not take it as a personal loss, we sticked to the rules and that is the most important thing here... emotionsless

part of life, what is your success rate %?
  • #622
  • Aug 26, 2011 12:55pm Aug 26, 2011 12:55pm
The Bernanke effect is out of the way now. So hopefully we will get a more technical market next week. Thumbs up to all who saw the signal. It means we are starting to know the system in and out. The frown is for the loss and the smile is for understanding and acting on the system

Olu
If you think you can or cannot do it you are correct
  • #623
  • Aug 26, 2011 1:11pm Aug 26, 2011 1:11pm
eurjpy
audusd


will check for more over the weekend

Olu
If you think you can or cannot do it you are correct
  • #624
  • Aug 26, 2011 1:25pm Aug 26, 2011 1:25pm
but slurpee dont trade jpy pairs.
  • #625
  • Aug 26, 2011 1:39pm Aug 26, 2011 1:39pm
Quoting stevebalmmer
but slurpee dont trade jpy pairs.
I dont particularly like it myself but I have traded it successfully before

Olu
If you think you can or cannot do it you are correct
  • #626
  • Aug 26, 2011 1:59pm Aug 26, 2011 1:59pm
you trade the majors and all jpy pairs?
  • #627
  • Aug 26, 2011 2:02pm Aug 26, 2011 2:02pm
Quoting stevebalmmer
you trade the majors and all jpy pairs?
eurjpy, gbpjpy, audjpy and cadjpy
If you think you can or cannot do it you are correct
  • #628
  • Aug 26, 2011 7:34pm Aug 26, 2011 7:34pm
with the au/usd wont the cross be above 60 so no trade ????
  • #629
  • Aug 26, 2011 11:36pm Aug 26, 2011 11:36pm
I am demo trading a similar system. This month the CHF pairs have been terrible for me.
  • #630
  • Aug 27, 2011 12:38am Aug 27, 2011 12:38am
I spend the last few days to visual backtest most pairs on the daily charts. When we have a signal, it is very rare that price reverses back to the top/bottom of the signal bar. Which means a perfect R;R if the S/L is placed at that point. Attached is a random picture. Pay attention on the R;R if SL is placed on Top/Bottom of the signal bar, TP exit when opposite cross of the Stoch.
Attached Image (click to enlarge)
Click to Enlarge Name: uc.jpg Size: 87 KB
  • #631
  • Aug 27, 2011 12:38am Aug 27, 2011 12:38am
Hi Slurpee,
When backtesting did you look at not selling half at 170 as it seems to me when this gets into a trending market it would be better to hang onto both positions in a sideways market their seems to be an advantage to taking half profit was wondering if you teated both to see which worked out the best overall
  • #632
  • Aug 27, 2011 4:30am Aug 27, 2011 4:30am
Quoting stevebalmmer
hello slurpee!

Mine sl was also met, in 3 pairs.
Do you have one performance from lindencourt system what your experiences are?

look in the first post
Live it or leave it!
  • #633
  • Aug 27, 2011 4:31am Aug 27, 2011 4:31am
Quoting stricky1967
part of life, what is your success rate %?

my backtesting is in the first post... all following trades are posted here
Live it or leave it!
  • #634
  • Aug 27, 2011 4:32am Aug 27, 2011 4:32am
Quoting Stumpy1
with the au/usd wont the cross be above 60 so no trade ????

yeah, for me no trade
Live it or leave it!
  • #635
  • Aug 27, 2011 4:38am Aug 27, 2011 4:38am
Quoting Stumpy1
Hi Slurpee,
When backtesting did you look at not selling half at 170 as it seems to me when this gets into a trending market it would be better to hang onto both positions in a sideways market their seems to be an advantage to taking half profit was wondering if you teated both to see which worked out the best overall

Hi Stumpy,

from backtesting it seemed to me that the best thing is trade the way I do... However it can vary from pair to pair. those three pairs mentioned in my first post worked best this way, some other pairs may work best riding the trend all the way with full lots. But also to me, I prefer have less lossers and more smaller winners (with some BIG winners) than more losers and some HUGE winners... it just suits better my personality
Live it or leave it!
  • #636
  • Aug 28, 2011 3:09pm Aug 28, 2011 3:09pm
Quoting Stumpy1
with the au/usd wont the cross be above 60 so no trade ????
This was just a radar heads up. Radar trades are just to focus out attention to particular pairs that might give us a setup to trade. In this case there is no trade

Can I just say the original rules of the ' system we cannot name' there are no 60- 40 rules. These were added after research by Slurpee. I generally traded the old rules on my thread but since this is Slurpees thread I will only post radar trades that conform to the 60/40 rules

Wish us all loads of pips this week

Olu
If you think you can or cannot do it you are correct
  • #637
  • Aug 28, 2011 3:21pm Aug 28, 2011 3:21pm
Quoting Stumpy1
Hi Slurpee,
When backtesting did you look at not selling half at 170 as it seems to me when this gets into a trending market it would be better to hang onto both positions in a sideways market their seems to be an advantage to taking half profit was wondering if you teated both to see which worked out the best overall
I like the system we trade as I like to take one lot off in profit and leave the other to follow the market. By me taking one lot off I have the psychological ability to stay in the trade for long. I think I will be stressed by the daily ups and downs of the market if I was still exposed in full. By the way this is just me...

Someone asked the question about adding to positions if the trend is very strong maybe we need to research this and see how this can be implemented.

But I would say that this system is good and .why fix it if it aint broke'. The potential for this system is unbelievable.

Olu
If you think you can or cannot do it you are correct
  • #638
  • Aug 28, 2011 4:47pm Aug 28, 2011 4:47pm
Thanks for all the replies. I am new to this thread so any info I can get really helps .
I did not know about the other thread and rules sounds like it was a great success what happened to it????
  • #639
  • Aug 28, 2011 5:36pm Aug 28, 2011 5:36pm
Quoting Stumpy1
Thanks for all the replies. I am new to this thread so any info I can get really helps .
I did not know about the other thread and rules sounds like it was a great success what happened to it????
Hi Stumpy1.

The other thread is Trading For Those With a 9-5 Job
The story behind this is as follows:

The above thread is my thread. I trade various strategies suitable for people who have jobs i.e longer timeframes. Among the strategies I trade is the one traded on this thread so what I did was to post my radars and trades that are according to this system - the one whose name we cannot mention - on this thread and all my other trades and thoughts go on my thread.

In the original document covering this stradegy there wasnt any 60/40 filter for entry/exit. But Slurpee has done some research and refined the system. I have traded the old, o filters system for a long tome and gotten used to it hence no filter trades appear on this thread from me.

That's the story. Now let's make some pips this week...

Olu
If you think you can or cannot do it you are correct
  • #640
  • Aug 28, 2011 5:44pm Aug 28, 2011 5:44pm
Olu:

Do you have any stats on that L method (without name calling)? How long you had been trading and average pips/month?

Thanks,

FX_California
Quoting Olu
Hi Stumpy1.

The other thread is Trading For Those With a 9-5 Job
The story behind this is as follows:

The above thread is my thread. I trade various strategies suitable for people who have jobs i.e longer timeframes. Among the strategies I trade is the one traded on this thread so what I did was to post my radars and trades that are according to this system - the one whose name we cannot mention - on this thread and all my other trades and thoughts go on my thread.

In the...
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