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System Test: Invictus V Fratelli 541 replies

Trading the Invictus method 4 replies

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Invictus

  • #1,021
  • Nov 14, 2011 2:04am Nov 14, 2011 2:04am
Live stuff.. short pending set..
I use 2.3 pips buffer to confirm breakout...
so for me in order to get +10.. PA has to move at least 15 pips counting spread and buffer..


ps) check out the gu.. we had the same deal and tp hit in matter of minutes..
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  • #1,022
  • Nov 14, 2011 2:06am Nov 14, 2011 2:06am
Just took this trade. Sorry about the 5M chart, I just had to take it.

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  • #1,023
  • Nov 14, 2011 2:07am Nov 14, 2011 2:07am
Quoting Blackeagle
I wonder why it is so difficult to follow simple rules explained thoroughly by Udine and then start complaining about the system or criticizing thread owner.

He said he has been trading between 7:00-17:00 GMT, but there are many people trading outside these hours. If you do it (especially with live accounts), then don't blame Udine or his system. He didn't insist that the system works outside these hours.

He said he has been trading only two currencies, but there are many people trading other currencies live. Even if you are demoing these other...
second.. amen sir.
  • #1,024
  • Nov 14, 2011 2:08am Nov 14, 2011 2:08am
trading the open is risky and ad best a coin toss, as you never know where the markets will go.

As you only must trade what you see and not what you think, it is better to stay on the sideline at the open.

The set ups will come.

If you would have entered the GU: would have been a + 10 pips in about 1 minute, but your EU would be negative at the moment.

So be patient, be disciplined and wiat for the 100 % ironclad set ups, they will come

Udine
Sleep less, live fast, as it aint gonna last
  • #1,025
  • Nov 14, 2011 2:12am Nov 14, 2011 2:12am
I had a green buy signal arrow a couple of bars ago (but didn't take it due to being too close to open line), but I'm sure a valid sell signal just occured but no arrow printed for me? Did anyone else have no down arrow and if so why do you think?

JB
Are you treadstone?
  • #1,026
  • Nov 14, 2011 2:16am Nov 14, 2011 2:16am
Quoting Jason Bourne
I had a green buy signal arrow a couple of bars ago (but didn't take it due to being too close to open line), but I'm sure a valid sell signal just occured but no arrow printed for me? Did anyone else have no down arrow and if so why do you think?

JB
chart please

Udine
Sleep less, live fast, as it aint gonna last
  • #1,027
  • Nov 14, 2011 2:17am Nov 14, 2011 2:17am
Minus 20 on the EU, you're right Udine, I should have been more cautious and not taken the trade (which I took on LO). Lesson learnt!
  • #1,028
  • Nov 14, 2011 2:17am Nov 14, 2011 2:17am
Good morning Europe and good day to all of you!

We start very well this morning with 10 green pips on G/U - did we?

Such a lovely beginning of the week

Frida
  • #1,029
  • Nov 14, 2011 2:19am Nov 14, 2011 2:19am
Typical London Open fakeout on EU...

I broke my #1 rule, don't trade London Open, and guess what... busted!

First loss with the system, after 6 trades in green past week.

Now waiting patiently for the next setup.
  • #1,030
  • Nov 14, 2011 2:20am Nov 14, 2011 2:20am
Quoting Udine
chart please

Udine
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Are you treadstone?
  • #1,031
  • Nov 14, 2011 2:21am Nov 14, 2011 2:21am
Quoting P.Dean
Live stuff.. short pending set..
I use 2.3 pips buffer to confirm breakout...
so for me in order to get +10.. PA has to move at least 15 pips counting spread and buffer..


ps) check out the gu.. we had the same deal and tp hit in matter of minutes..


I got lucky and never got triggered.. maybe my normal 2.3 buffer for BO saved me.. but Udine is correct to not trade the open.
my pending cancel..

iron clad is the way to go baby..
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  • #1,032
  • Nov 14, 2011 2:27am Nov 14, 2011 2:27am
So far I'm 3 pips up on g/u(trailing stop got me) and 20 pips down on e/u(didn't know not to trade london open)....
  • #1,033
  • Nov 14, 2011 2:29am Nov 14, 2011 2:29am
Quoting P.Dean
I got lucky and never got triggered.. maybe my normal 2.3 buffer for BO saved me.. but Udine is correct to not trade the open.
my pending cancel..

iron clad is the way to go baby..
All my rules regarding this strategy are all being reverted back to the original Dreddings Freebie system with stop above the semfore. The only rule I am adopting from Udine is the signal candle BO.

Thanks

D
  • #1,034
  • Nov 14, 2011 2:30am Nov 14, 2011 2:30am
Quoting Jason Bourne
Attachment
Jason,

to be honest I am not sure why you did not have an arrow. I did have one, but london open would have been too risky:
EU a loss and GU a win.

Udine
Sleep less, live fast, as it aint gonna last
  • #1,035
  • Nov 14, 2011 2:32am Nov 14, 2011 2:32am
Quoting eufonia
Typical London Open fakeout on EU...

I broke my #1 rule, don't trade London Open, and guess what... busted!

First loss with the system, after 6 trades in green past week.

Now waiting patiently for the next setup.

Always good to get confirmation that one of your rules is correct, only sorry to see you lost 20 pips.

dont be too eager... be patient, the biggest virtue in forex.

Udine
Sleep less, live fast, as it aint gonna last
  • #1,036
  • Nov 14, 2011 2:35am Nov 14, 2011 2:35am
Quoting rossobonks
All my rules regarding this strategy are all being reverted back to the original Dreddings Freebie system with stop above the semfore. The only rule I am adopting from Udine is the signal candle BO.

Thanks

D
Hi Rossobonks,

do as you feel fit. YOU have to trade it, YOU have to feel confident, its YOUR money.

as long as it makes you green pips, go for it.

Udine
Sleep less, live fast, as it aint gonna last
  • #1,037
  • Nov 14, 2011 2:41am Nov 14, 2011 2:41am
Quoting Jason Bourne
I had a green buy signal arrow a couple of bars ago (but didn't take it due to being too close to open line), but I'm sure a valid sell signal just occured but no arrow printed for me? Did anyone else have no down arrow and if so why do you think?

JB
Are we all using the same MTF indicator? The latest one was post# 995 by ericjshroed. On the chart at the bottom it is labeled 3TF-HAS. I noticed that some of the charts posted show the bottom indicator labeled Invictus. Not sure if that explains why you did not get a sell arrow in the GU.
"Amat Victoria Curam" Victory Loves Preparation
  • #1,038
  • Nov 14, 2011 2:48am Nov 14, 2011 2:48am
Quoting Udine
Jason,

to be honest I am not sure why you did not have an arrow. I did have one, but london open would have been too risky:
EU a loss and GU a win.

Udine
Ok thankyou Udine.

JB
Are you treadstone?
  • #1,039
  • Nov 14, 2011 2:54am Nov 14, 2011 2:54am
Quoting daytrade5
Are we all using the same MTF indicator? The latest one was post# 995 by ericjshroed. On the chart at the bottom it is labeled 3TF-HAS. I noticed that some of the charts posted show the bottom indicator labeled Invictus. Not sure if that explains why you did not get a sell arrow in the GU.
I'm still using the first one as it has been working fine. 1st time it hasn't sent a signal TBH. Glad anyway kept me out of the chop!

JB
Are you treadstone?
  • #1,040
  • Nov 14, 2011 3:29am Nov 14, 2011 3:29am
shorted eu..

went to +9 then back to sl @ BE

that suxxx
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