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Easy no stress daily charts:)

Quoting jucaorma
i have my best trade

xauusd buy

entry 1793.70

my firts profit 162 pips
the second are on BE and profit 1042 pips

i move my stop 1836.00 423 pips guarantee

eurjpy 224 pip profit BE

eurusd
firts profit 134 pips
secon trade BE and profit 196 pips


chfjpy firts profit 164 pips
second trade BE and profit 121 pips


thanks
muchas gracias


I have a question: how do you manage the second close? There are now signals on daily
Quoting Happy68


I have a question: how do you manage the second close? There are now signals on daily
i check the stochastics cross and the resistances
my last signal on xauusd was on 30/08

my trade price 1793.70
i have a week pivot on 1847.58 today the low was 1856.25
and a resistance week on 1919.47 today the hight was 1920.75

my stop is on 1836.00
bad day for chf
Quoting jucaorma
i have my best trade

xauusd buy

entry 1793.70

my firts profit 162 pips
the second are on BE and profit 1042 pips

i move my stop 1836.00 423 pips guarantee

eurjpy 224 pip profit BE

eurusd
firts profit 134 pips
secon trade BE and profit 196 pips


chfjpy firts profit 164 pips
second trade BE and profit 121 pips


thanks
muchas gracias
Now that's 'the system we cannot name' in action

olu
Find a trend and milk it for all it is worth. That's how to be profitable
Now we seem to be having a buy signal setting up. This might be a relatively safe trade as the SNB says it will defend 1.2000 against the euro vigorously

Olu
Find a trend and milk it for all it is worth. That's how to be profitable
Quoting Olu
Now we seem to be having a buy signal setting up. This might be a relatively safe trade as the SNB says it will defend 1.2000 against the euro vigorously

Olu
Where do you have a buy signal?
Does anyone have some stats for how they've done with this system? it's been running quite a while someone must be able to post a record of how they've done.

I've looked back at 4 pairs since the beginning of 2010 - these were with a sl of 170 and tp of 170 - 1 lot traded, BE at +100, no other crieria, only exit via sl or tp. Just out of interest:

gbpusd - 43 trades, 21 win, 18 loss, 4 break even = +3 (510 pips)
eurusd - 35 trades, 17 win, 9 loss, 9 break even = +8 (1360 pips)
eurgbp - 30 trades, 14 win, 12 loss, 4 break even = +2 (340 pips)
usdjpy - 35 trades, 25 win, 9 loss, 1 break even = +16 (2720 pips)

Total - 143 trades, 77 win, 48 loss, 18 break even = +29 (4930 pips)

So, that's 53% win and return of 20% on investment

The move to break even safeguard makes all the difference.
Quoting zortan
Does anyone have some stats for how they've done with this system? it's been running quite a while someone must be able to post a record of how they've done.

I've looked back at 4 pairs since the beginning of 2010 - these were with a sl of 170 and tp of 170 - 1 lot traded, BE at +100, no other crieria, only exit via sl or tp. Just out of interest:

gbpusd - 43 trades, 21 win, 18 loss, 4 break even = +3 (510 pips)
eurusd - 35 trades, 17 win, 9 loss, 9 break even = +8 (1360 pips)
eurgbp - 30 trades, 14 win, 12 loss, 4 break even = +2 (340 pips)
usdjpy...

good job, Zortan! I have done only the backtesting shown in the first post...
Live it or leave it!
Quoting anderssv82
Where do you have a buy signal?

...right here...

but I am not touching this pair, since this is not normal situation on the market, the price may retrace a big way down. Not even government intervention can hold on to the Forex market if all the money wants to go short...

I personally will stay away and watch this pair for a day or two...
Attached Image (click to enlarge)
Click to Enlarge Name: uch.jpg Size: 85 KB
Live it or leave it!
and of course my SL at +5 on USDCHF got hit by the government intervention...
Live it or leave it!
Quoting Slurpee
good job, Zortan! I have done only the backtesting shown in the first post...

I don't see your results in the first post??

have you kept a record of all your trades?

btw..with my results if you'd set take profit to 340 pips 1:2 r/r

143 trades, 52 wins, 48 loss, 43 break even = +56 (9520 pips)

That's 36% win and return of 39% on investment (who needs a high win %)


yet only 3 of 4 pairs show a profit using this MM, I've just looked at aususd and that shows +2 1:1 r/r and -2 1:2 r/r
Quoting zortan
I don't see your results in the first post??

have you kept a record of all your trades?

btw..with my results if you'd set take profit to 340 pips 1:2 r/r

143 trades, 52 wins, 48 loss, 43 break even = +56 (9520 pips)

That's 36% win and return of 39% on investment (who needs a high win %)


yet only 3 of 4 pairs show a profit using this MM, I've just looked at aususd and that shows +2 1:1 r/r and -2 1:2 r/r
Good job...
I think the results show that because this system makes it's profit on trends then you have to let the profits run. In choppy, sideways markets you can get a string of losses, it's just a matter of accepting them.

Slurp, I found your post, I didn't know you meant from the original thread, I found it in the bin ta.
change on my trades


eurusd stop on BE +1 pip
chfjpy stop loss -227 pips

xauusd profit +822
eurjpy profit +243

all down but september on profit
Quoting zortan
I think the results show that because this system makes it's profit on trends then you have to let the profits run. In choppy, sideways markets you can get a string of losses, it's just a matter of accepting them.

Slurp, I found your post, I didn't know you meant from the original thread, I found it in the bin ta.
Just a thought and it seems to be working for me.
Why not only take entries on pairs that are strongly trending on the weekly chart and then only in the direction of the trend
Quoting zortan
I don't see your results in the first post??

have you kept a record of all your trades?

btw..with my results if you'd set take profit to 340 pips 1:2 r/r

143 trades, 52 wins, 48 loss, 43 break even = +56 (9520 pips)

That's 36% win and return of 39% on investment (who needs a high win %)


yet only 3 of 4 pairs show a profit using this MM, I've just looked at aususd and that shows +2 1:1 r/r and -2 1:2 r/r
oops, sorry, now they are there... and yes, all are saved, see the red lines on my pictures from the early days of this thread...

BACKTESTING RESULTS UPDATED IN THE FIRST POST...
Live it or leave it!
Quoting zortan
I think the results show that because this system makes it's profit on trends then you have to let the profits run. In choppy, sideways markets you can get a string of losses, it's just a matter of accepting them.

exactly! just the psychology...
Live it or leave it!
Quoting Stumpy1
Just a thought and it seems to be working for me.
Why not only take entries on pairs that are strongly trending on the weekly chart and then only in the direction of the trend

yope, that is possible, of course... try it and post your results here, please
Live it or leave it!
Quoting Slurpee
yope, that is possible, of course... try it and post your results here, please
Hi Slurpee,
I am using a differant entry than you but the main thing is using the weekly trend
Results so far in pips
gbp/jpy +107
nzd/usd +39
usd/chf +131
gbp/jpy - 18
The method I am using is not relevant the big thing is using the weekly trend add that to your method and I am sure you will filter out some of the losses
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