Brijons advanced traders multi-currency strategies

http://www.megaupload.com/?d=6I7EMZWQ

IN PREPARATION TO SHOW OVER NEXT FEW WEEKS HOW ONE CAN USE PRICE ANFD TREND PRICE AVERAGE
LATER ILL COVERT TO AVI FORMAT AND REPOST
FROM BRIAN

Brian, I look forward to your videos.

In the meantime, I've getting my mt4 setup with indicators, excel, etc.

As far as your grid system, I think it is starting to make sense by selling HHs and buying LLs to build grid which is more like hedge. I then can use sell/buy limits using bosuns and yellow hi/lo bars for trades in addition to scalping using shorter term trends using other indicators.

I hope I'm grasping it. I guess I will find out when testing in game mode.

Rando

http://www.youtube.com/watch?v=xSgFduKwK8M

http://www.youtube.com/watch?v=NILz3HoVwGs

HERE IT IS

I made a experiment last night with buying the lows and selling the highs using RSI, in forex tester,
I wouldn't say it's brijons strategy I not fully understand yet,
just testing his idea of selling highs and buying lows,
it's not daily highs and lows just swing high and lows.
I think it possibly would be even better with daily highs and lows,
and I think thats what brijon meant?
anyway the result where quite chocking,
so it has definitely something to it.
all I did was buying when the RSI trailed back from oversold over the 30 line
and sold when it trailed back under the 70 line from overbought.
thats swing highs and swing lows,
but I didn't take profit on any positions,
I keept all the positions in open.
guess what!? the equity grows and grows the more trades you put on
finally I stopped all 60 trades at once with a huge profit,
I tried this 5 times and all where succesful exept one where
the drawdown was quite big but I managed to get back and
I could take profit on that one to.
very interesting concept!

http://www.forexfactory.com/showthread.php?p=4903432#post4903432

Brijon, I added this breakout indicator from Sqaulou to one of your templates and they look great together see these charts of gold and silver.

thank you guys we all learn from each other by sharing .
using indicaters is exactly what they are indicaters of possibilities
price is always the only indicater that doesnt repaint

so if one focuses on price and uses indicaters as a confirmation
on trend direction one can print money using the simple circle of trading loss profit loss

the real art of succesful trading is managing drawdown (trade management

the concept im introducing is a grid system using drawdpown to be a positive result focusing on drawdown building for sales stock to equity

IF ONE
PRACTICED GAME MODE I INTRODUCED you would have discovered its so easy to make profitable trades if Fact non stop

trading is easy but to manage drawdown is the real skill in trading

there are thousands of systems indicaters on the ff and new flavour of the month every day honestly any one that suits your trading style and makes you consistant profit is great


all the rest are indicaters to help you confirm your decision to enter the trade as long as you dont loose focus on the price now , the trend , the natural cycle of loss profit loss and the most important part drawdown control

it is sometimes the least understood that traders get lost in indicaters systems and loose focus on what realy makes you money

so a plain chart training yourself in the pure basics of trading as my last video shows one forgets the simple truth of trading and looses his focus

there are thousands of indicaters thousands of systems but if one cant trade on price now the trend and control drawdown

he has lost his focus on what realy makes money as i said printing money is easy dont loose focus indicaters and systems are only an aid in confirming and making you comfortable justifying your decision for you

one can trade with a plain chart and make money trading

sometimes indicaters and systems loose money

why ? because if you loose focus on the important thing

the price now the trend the trading range the hh ll you have lost your way in a forest of confusement

think about it one needs to learn the basics of trading first

one needs focus or one is lost in my opinion

I REPEAT IS EASY TO PRINT MONEY NON STOP PROFIT TRADES
CONTROLLING DRAWDOWN IS HOW YOU MAKE REAL MONEY
NOT PAPER PROFITS IN MY OPINION

GOD BLESS FROM BRIAN

HERE IS LATEST EXCELL SPREAD SHEET PRICES FOR 6 CURRENCYS
best is free download program until some one can make an indicater for mt4

but here is spread sheet for AUDUSD USDJPY USDCAD EURUSD GBPUSD
CHFUSD

NEEDS TO BE UPDATED DAILY BUT GOOD INFO

in camteck format later ill covert and upload to utube

http://www.megaupload.com/?d=IXDAQEER

http://www.youtube.com/watch?v=V7R_RSZ92kk

hope this file helps

Hi,
i updated my breakeven indicator (current version is 1.0).
the calculations are now correct BUT it does NOT take account of rollover yet.
The value is rounded to make sure you take at least some small profits (eg: break even is 1.202276 -> 1.20228 if the broker precision is 5 digits).

next update will adjust breakeven target line taking into account rollover profits/losses.


bye

started new put limit orders on based on trend average prices now waiting to put further trend as price dictates

nothing in drawdown new starting balance 56254.14

http://my.jetscreenshot.com/demo/20110904-zizz-209kb

ive put on test profit tirrols breakeven on charts on this to test out as trades come on

thank you profit tirrol

god bless from brian

http://my.jetscreenshot.com/demo/20110904-x2qi-217kb

http://my.jetscreenshot.com/demo/20110904-1a27-303kb

no time to convert and uploasd to utube
here it is for download
http://www.megaupload.com/?d=C4GG5PGV and latest screen snap shot of trades on building grid for drawdown control

see three are in profit but we want to build a grid system for long term trading with dd always in profit

i used only plain charts to demonstrate on can easily print money using trend trend price plain charts

using plain charts and trend direction hh ll trend average prices on can easily print money

that is make profit sales no one needs to use indicaters or fancy systems theorys ect just focus on the real indicater price now

the mark of a great trader is how he manages drawdown

that is why im showing you one way of building a grid system and training you to look at drawdown management by always having in drawdown one trade on in sell at hh and buy at lowest low

sales become a an auto function of correct drawdown management

its another way of thinking old habits die hard
but practice brings its own rewards

GOD BLESS from Brian

the first position eg buy drops even further we watch price and offline chart we develope a 2nd grid position at lower low the first position is used for sales later on rebound

the limit order on buy lowest low becomes base

hopefully we have developed a grid of potential sales with a positive draw down or extremly low to equity

the purpose of usuing this method is developing a stock list of low average cost currencys which we can use as price rises or falls

AS YOU CAN SEE AT THE END OF THE MONTH OR AT ANY TIME WE
SIMPLY CAN TAKE PROFIT

this trains you to be focused on drawdown not sales as anyone can non stop trade making profits its simple if your focus is right

BUT DRAWDOWN USING THE NATURAL CIRCLE OF LOSS PROFIT LOSS

NEEDS ONE TO MASTER DRAWDOWN CONTROL