back in the early days trading was done from a tickertape then the data was sent and dispayed on ascreen and the pit traders would see the shareprices as the crrent percentade =displayed price and up or down as a red arrow plus or a green minus
simple trading based on momenum now no charts just action and reaction to price now
so one can produce and trade without charts non stop trading making fast trades and profit using this old system without chart as a pit trader trading from the exchange floor
trading like this is printing money any one can do it without charts just
my pit Dog trader system printing money is easy without charts
the thing that seperates traders is simple managing drawdown and learning the right and wrong way and learning how to control drawdown like a pit trader
like a ruBBer band
NO CHART TRADING NON STOP FULL ON TRADIING AS EASY AS 1 2 3 THIS IS BRIJONS PIT BULL TRADING
SEE THE VIDEO IF YOU NEED TO KNOW FURTHER READ 101S MULTI CURRENCY STRATEGY AS BACKGROUND GO ON DOJIS ROM ON PALTALK
IM USUALY ON THERE
OR MY ROOM OCASIONALY AT brijon 5a to answer question over the micro phone or give live free demo of using this system free
there is no need to pay cash for information that is free on the internet
by giving we recieve a thousand x more than we gave
only trust yourself 95% of traders loose money trading the forex
never invest in the forex more than you are prepared to loose
having said that i repeat any one can print money trading thats easy
controlling your drawdown is trading the forex succesfuly
thats what i teach and how to be a sucesful pit bull trader
watch the video practice ony demo non stop spend 95& of your time practacing controlling drawdown
ps i still do
god bless from BRIAN
dreamliners s interpretion of printing money for me
Brijon’s Pit Bull Method for Dummies:
Step 1: Enter the following five buys and five sells into your MT4 platform:
Buys:
AUD/USD
NZD/USD
EUR/GBP
EUR/USD
GBP/USD
Sells:
USD/JPY
NZD/JPY
EUR/JPY
GBP/JPY
AUD/JPY
The above ten trades are your “indicator dashboard” or your “indicator trades.”
Step 2: Click on the “Profit” column so that the highest loss is on the top and the lowest loss (or greatest profit) is on the bottom.
Step 3: A few hours after you have put the above 5 buys and 5 sells on, you should see a profit (or very small loss) on the bottom line. This is the first currency pair you are going to trade.
The way that you trade this bottom line currency pair is to check to make sure the bottom line currency pair is stable in profit. In other words, that currency pair may alternate between negative and positive for a while, but once it remains positive then
A) close that trade (take the profit) and
B) enter an order that is a little bigger than your previous "indicator trade" on the same pair that you just took profit on.
C) The bottom line tells you which direction to enter the currency pair on the bottom. Simply go in the direction of the bottom line currency pair. If it is a buy (such as AUD/USD or any of the other four buys) then you enter your first order long. If it is a sell (such as USD/JPY or any of the other four sells) then you enter your first order short. This order is for .04 lots.
Here is an example: let's say a few hours after active trading your “indicator trades” are showing AUD/USD on the bottom line, and that currency pair is showing a small profit, and remaining profitable. You would then simply enter your first order as a buy on AUD/USD, and use a bigger lot size than your “indicator trades.” If you use .01 lots on your ten “indicator trades” then use .04 lots on your first real trade (long AUD/USD).
Step 4: Continue this process over and over; waiting until the bottom pair is in consistent profit, then close that trade (take the profit) and re-enter. As you take profit on your first size of .01, you re-enter at .04. As you take profit on your .04 size lot, you drop back down to .01
Step 5: Manage drawdown. This is a work in progress, but an excellent place to start is this video from Brijon: http://www.forexfactory.com/showthread.php?p=5128506#post5128506 (http://www.forexfactory.com/showthread.php?p=5128506#post5128506).
General notes: You only take trades that are exhibiting profitability, that is, position 10 (the bottom position) on the Pit Bull indicator. Once the trade is opened, it can immediately climb out of the bottom three positions and show a loss. If it then it falls back into the bottom three positions (8, 9 or 10) look for stable profitability (say 20 seconds), then take profit.
If the trade does not go to profit, manage the drawdown. Only take profits if drawdown is acceptable, profitable trades will "hedge" drawdown and (3) continue to take profits when drawdown returns to an acceptable level.
As Brijon repeatedly states: "Managing the drawdown is key".
This method can be improved even more, when placing a trade, we should have a maximum DD for each trade and then hedge position and then whichever way we are making money, move into that position and once daily target has been reached... close all positions and rinse and wash and compound this!
drawdown control one must practice non stop any one can print money butcontrolling drawdown takes practice
i cant swim for you
PIT BULL TRADER SHOWS YOU CLEARLY THE TREND FROM CENTRE LINE SELLS AND BUYS BELOW THE CENTER LINE
what THAT SHOWS CLEAR if the SELLS MAJORITY ITS A SHORT MARKET ---EQUAL SIDEWAY MARKET or LONGs
now its only looking at the numbers
but its the trend now based on price so if the trend is sell short how many total sells to buys equal bias neutral
if market is sell you may need eg more sells on than buys eg if you use 10 hedge could be balance sells 10sells to 5 buys
then you are in short bias which will help bring down drawdown as the trend strength becomes stronger or vise versa
relative srength now the currenys is seen clearly between position on usdjpy to jpys and usd on the PIT BULL TRADER
ON ONLY HAS TO LOOK
clear eyes simple things are some times the hardest things to see
its all basic trading not hard to do
on the
PIT BULL TRADER THE PATTERN OF THE TREND CHANGE IS WATCHING THE CURRENCY MOVEMENT OF THE SLOT MOVEMENTS
ONE NEEDS CLEAR EYES AND WATCH
GOD BLESS from BRIAN
other ff threads ive been on
Brijons advanced traders multi-currency strategies
http://www.forexfactory.com/showthread.php?t=293904 (http://www.forexfactory.com/showthread.php?t=293904)
on here is recent videos on dd control ect
previous threads
On My thread the amazing 3mw ive started to show via videos methods i use in trading
Most of the trades have been put on there for reference go to
http://www.forexfactory.com/showthread.php?t=242404 (http://www.forexfactory.com/showthread.php?t=242404)
prevous threads
Brijon Advanced Forex Trading Concepts
http://www.forexfactory.com/showthre...06#post5128506 (http://www.forexfactory.com/showthread.php?p=5128506#post5128506).
rollover thread read first 10 pages
this thread was the start of my horendusff begining on talking of trading the tripple swap
roll over (carry trades) that can be used for good hit rates
http://www.forexfactory.com/showthread.php?t=67211 (http://www.forexfactory.com/showthread.php?t=67211)
VIDEO LIBARY http://www.forexfactory.com/showthread.php?t=326806
Now for those that ever have trouble finding the videos
simple go to utube put a search in for brijonjoanna
they will take you to the videos
god bless from brian
simple trading based on momenum now no charts just action and reaction to price now
so one can produce and trade without charts non stop trading making fast trades and profit using this old system without chart as a pit trader trading from the exchange floor
trading like this is printing money any one can do it without charts just
my pit Dog trader system printing money is easy without charts
the thing that seperates traders is simple managing drawdown and learning the right and wrong way and learning how to control drawdown like a pit trader
like a ruBBer band
NO CHART TRADING NON STOP FULL ON TRADIING AS EASY AS 1 2 3 THIS IS BRIJONS PIT BULL TRADING
SEE THE VIDEO IF YOU NEED TO KNOW FURTHER READ 101S MULTI CURRENCY STRATEGY AS BACKGROUND GO ON DOJIS ROM ON PALTALK
IM USUALY ON THERE
OR MY ROOM OCASIONALY AT brijon 5a to answer question over the micro phone or give live free demo of using this system free
there is no need to pay cash for information that is free on the internet
by giving we recieve a thousand x more than we gave
only trust yourself 95% of traders loose money trading the forex
never invest in the forex more than you are prepared to loose
having said that i repeat any one can print money trading thats easy
controlling your drawdown is trading the forex succesfuly
thats what i teach and how to be a sucesful pit bull trader
watch the video practice ony demo non stop spend 95& of your time practacing controlling drawdown
ps i still do
god bless from BRIAN
dreamliners s interpretion of printing money for me
Brijon’s Pit Bull Method for Dummies:
Step 1: Enter the following five buys and five sells into your MT4 platform:
Buys:
AUD/USD
NZD/USD
EUR/GBP
EUR/USD
GBP/USD
Sells:
USD/JPY
NZD/JPY
EUR/JPY
GBP/JPY
AUD/JPY
The above ten trades are your “indicator dashboard” or your “indicator trades.”
Step 2: Click on the “Profit” column so that the highest loss is on the top and the lowest loss (or greatest profit) is on the bottom.
Step 3: A few hours after you have put the above 5 buys and 5 sells on, you should see a profit (or very small loss) on the bottom line. This is the first currency pair you are going to trade.
The way that you trade this bottom line currency pair is to check to make sure the bottom line currency pair is stable in profit. In other words, that currency pair may alternate between negative and positive for a while, but once it remains positive then
A) close that trade (take the profit) and
B) enter an order that is a little bigger than your previous "indicator trade" on the same pair that you just took profit on.
C) The bottom line tells you which direction to enter the currency pair on the bottom. Simply go in the direction of the bottom line currency pair. If it is a buy (such as AUD/USD or any of the other four buys) then you enter your first order long. If it is a sell (such as USD/JPY or any of the other four sells) then you enter your first order short. This order is for .04 lots.
Here is an example: let's say a few hours after active trading your “indicator trades” are showing AUD/USD on the bottom line, and that currency pair is showing a small profit, and remaining profitable. You would then simply enter your first order as a buy on AUD/USD, and use a bigger lot size than your “indicator trades.” If you use .01 lots on your ten “indicator trades” then use .04 lots on your first real trade (long AUD/USD).
Step 4: Continue this process over and over; waiting until the bottom pair is in consistent profit, then close that trade (take the profit) and re-enter. As you take profit on your first size of .01, you re-enter at .04. As you take profit on your .04 size lot, you drop back down to .01
Step 5: Manage drawdown. This is a work in progress, but an excellent place to start is this video from Brijon: http://www.forexfactory.com/showthread.php?p=5128506#post5128506 (http://www.forexfactory.com/showthread.php?p=5128506#post5128506).
General notes: You only take trades that are exhibiting profitability, that is, position 10 (the bottom position) on the Pit Bull indicator. Once the trade is opened, it can immediately climb out of the bottom three positions and show a loss. If it then it falls back into the bottom three positions (8, 9 or 10) look for stable profitability (say 20 seconds), then take profit.
If the trade does not go to profit, manage the drawdown. Only take profits if drawdown is acceptable, profitable trades will "hedge" drawdown and (3) continue to take profits when drawdown returns to an acceptable level.
As Brijon repeatedly states: "Managing the drawdown is key".
This method can be improved even more, when placing a trade, we should have a maximum DD for each trade and then hedge position and then whichever way we are making money, move into that position and once daily target has been reached... close all positions and rinse and wash and compound this!
drawdown control one must practice non stop any one can print money butcontrolling drawdown takes practice
i cant swim for you
PIT BULL TRADER SHOWS YOU CLEARLY THE TREND FROM CENTRE LINE SELLS AND BUYS BELOW THE CENTER LINE
what THAT SHOWS CLEAR if the SELLS MAJORITY ITS A SHORT MARKET ---EQUAL SIDEWAY MARKET or LONGs
now its only looking at the numbers
but its the trend now based on price so if the trend is sell short how many total sells to buys equal bias neutral
if market is sell you may need eg more sells on than buys eg if you use 10 hedge could be balance sells 10sells to 5 buys
then you are in short bias which will help bring down drawdown as the trend strength becomes stronger or vise versa
relative srength now the currenys is seen clearly between position on usdjpy to jpys and usd on the PIT BULL TRADER
ON ONLY HAS TO LOOK
clear eyes simple things are some times the hardest things to see
its all basic trading not hard to do
on the
PIT BULL TRADER THE PATTERN OF THE TREND CHANGE IS WATCHING THE CURRENCY MOVEMENT OF THE SLOT MOVEMENTS
ONE NEEDS CLEAR EYES AND WATCH
GOD BLESS from BRIAN
other ff threads ive been on
Brijons advanced traders multi-currency strategies
http://www.forexfactory.com/showthread.php?t=293904 (http://www.forexfactory.com/showthread.php?t=293904)
on here is recent videos on dd control ect
previous threads
On My thread the amazing 3mw ive started to show via videos methods i use in trading
Most of the trades have been put on there for reference go to
http://www.forexfactory.com/showthread.php?t=242404 (http://www.forexfactory.com/showthread.php?t=242404)
prevous threads
Brijon Advanced Forex Trading Concepts
http://www.forexfactory.com/showthre...06#post5128506 (http://www.forexfactory.com/showthread.php?p=5128506#post5128506).
rollover thread read first 10 pages
this thread was the start of my horendusff begining on talking of trading the tripple swap
roll over (carry trades) that can be used for good hit rates
http://www.forexfactory.com/showthread.php?t=67211 (http://www.forexfactory.com/showthread.php?t=67211)
VIDEO LIBARY http://www.forexfactory.com/showthread.php?t=326806
Now for those that ever have trouble finding the videos
simple go to utube put a search in for brijonjoanna
they will take you to the videos
god bless from brian
http://www.youtube.com/watch?v=T69KZlcbsfk
