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System Test: Invictus V Fratelli 541 replies

Trading the Invictus method 4 replies

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Invictus

  • #2,341
  • Jan 11, 2012 5:24am Jan 11, 2012 5:24am
Two winners added today

Both good for 10 pips, so total for the day 30 pips, makes + 7.5 % to the account

Udine
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Sleep less, live fast, as it aint gonna last
  • #2,342
  • Jan 11, 2012 6:43am Jan 11, 2012 6:43am
Quoting Udine
Two winners added today

Both good for 10 pips, so total for the day 30 pips, makes + 7.5 % to the account

Udine
Congratulations Udine. One question, if your SL is 150 and your TP is 100 and your risk is 5%, when you take profit, you profit increase 3.33% nor 2.5%, why do you say 2.5%? Is your TP or SL different?

Thanks.
Enter Signature
  • #2,343
  • Jan 11, 2012 6:46am Jan 11, 2012 6:46am
Quoting maudur
Congratulations Udine. One question, if your SL is 150 and your TP is 100 and your risk is 5%, when you take profit, you profit increase 3.33% nor 2.5%, why do you say 2.5%? Is your TP or SL different?

Thanks.
Good question!!

Answer: no I reduced my risk factor to 3.75 % so 10 pips is still 2.5 %

Green pips

Udine
Sleep less, live fast, as it aint gonna last
  • #2,344
  • Jan 11, 2012 6:47am Jan 11, 2012 6:47am
Udine, excellent job.

Just do not know where I was all the time
  • #2,345
  • Jan 11, 2012 6:50am Jan 11, 2012 6:50am
Quoting izisale
Udine, excellent job.

Just do not know where I was all the time
that is for you to answer, but if you want to make it in the forex business, you need to treat it like a job/professional.

Green pips

Udine
Sleep less, live fast, as it aint gonna last
  • #2,346
  • Jan 11, 2012 7:37am Jan 11, 2012 7:37am
Udine,

first of all i have been looking at ur thread from the beginning and looking with lot of interest and now with the new FIFO-indicator it has gone to a whole new level...congratulations for that!
but now the question....i thought u only traded the london and new-york open but now i see that u are taking trades during the day also??
i see that u have changed ur sl also from 20 to 15 pips

well keep up the good work

groeten van een amsterdammer in bratislava
  • #2,347
  • Jan 11, 2012 7:37am Jan 11, 2012 7:37am
there were signals on the EU and GU charts for another short, but the daily range had been reached. I did not trade any of the signals.

Only if there comes a long signal I might trade again.

Green pips

Udine
Sleep less, live fast, as it aint gonna last
  • #2,348
  • Jan 11, 2012 7:45am Jan 11, 2012 7:45am
Quoting hollandpippin
Udine,

first of all i have been looking at ur thread from the beginning and looking with lot of interest and now with the new FIFO-indicator it has gone to a whole new level...congratulations for that!
but now the question....i thought u only traded the london and new-york open but now i see that u are taking trades during the day also??
i see that u have changed ur sl also from 20 to 15 pips

well keep up the good work

groeten van een amsterdammer in bratislava
Goedemiddag Hollandpippin,

I know, this way the trading has become really simple and stressfree!!

now your question:
it is correct, but when I get first a long signal and later a short signal after the London open I will trade them both. But mostly there is after the open one signal. and then I wait for the NY open to see if there is another one.

If after the London open there is a short signal and also after the NY open a short signal I will take them both.

With regards to my SL: I have reduced my SL because I noticed that not enough came back from a negative bigger than 15 pips to turn into a winner, so I decided to slimply reduce the potential loss and keep the TP the same.

Be reducing my riskfactor from 5 % to 3.75 % the 10 pips TP is still 2.5 % to my account.

Hope this answers your questions.

Groeten van een AZ fan

Udine
Sleep less, live fast, as it aint gonna last
  • #2,349
  • Jan 11, 2012 8:17am Jan 11, 2012 8:17am
Quoting Udine
Two winners added today

Both good for 10 pips, so total for the day 30 pips, makes + 7.5 % to the account

Udine

Hi Udine,

also took this trades.

But my GPBUSD Trade was cut by the Trailing Stop.
I assume you entry was little bit later than mine.

Luck for you that you regular SL was not hit .
  • #2,350
  • Jan 11, 2012 8:27am Jan 11, 2012 8:27am
Quoting forexsieno
Hi Udine,

also took this trades.

But my GPBUSD Trade was cut by the Trailing Stop.
I assume you entry was little bit later than mine.

Luck for you that you regular SL was not hit .
Well done!!

I know it came close.

The trailstop is there to protect the capital. First rule in trading: capital preservation!!

Green pips

Udine
Sleep less, live fast, as it aint gonna last
  • #2,351
  • Jan 11, 2012 8:47am Jan 11, 2012 8:47am
Now USD/CAD +9 pips.
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  • #2,352
  • Jan 11, 2012 8:49am Jan 11, 2012 8:49am
Quoting izisale
Now USD/CAD +9 pips.

nice going.

why dont you just use my lastest indy ? keeps the charts nice and clean.

Udine
Sleep less, live fast, as it aint gonna last
  • #2,353
  • Jan 11, 2012 8:52am Jan 11, 2012 8:52am
Quoting Udine
nice going.

why dont you just use my lastest indy ? keeps the charts nice and clean.

Udine
Do the new indi independent or depends on other indis?
  • #2,354
  • Jan 11, 2012 8:59am Jan 11, 2012 8:59am
Quoting kijkij
Do the new indi independent or depends on other indis?

just the last one. Its all I use for trading. You see it all on the charts I post here.

Udine
Sleep less, live fast, as it aint gonna last
  • #2,355
  • Jan 11, 2012 9:01am Jan 11, 2012 9:01am
Quoting Udine
nice going.

why dont you just use my lastest indy ? keeps the charts nice and clean.

Udine
Again I missed something
I do not know, which indi
  • #2,356
  • Jan 11, 2012 9:12am Jan 11, 2012 9:12am
Quoting izisale
Again I missed something
I do not know, which indi

Did you read the last couple of pages of the thread ?????

Page 152 post 2268 (I think it was).

Udine
Sleep less, live fast, as it aint gonna last
  • #2,357
  • Jan 11, 2012 9:32am Jan 11, 2012 9:32am
Quoting Udine
Did you read the last couple of pages of the thread ?????

Page 152 post 2268 (I think it was).

Udine
Yes, yes, you're right.
I missed classes lately. It will no longer repeat mr.forex teacher

Thank Udine
  • #2,358
  • Jan 11, 2012 9:35am Jan 11, 2012 9:35am
Quoting izisale
Yes, yes, you're right.
I missed classes lately. It will no longer repeat mr.forex teacher

Thank Udine
welcome

Udine
Sleep less, live fast, as it aint gonna last
  • #2,359
  • Jan 11, 2012 10:05am Jan 11, 2012 10:05am
I dont see anymore trade happening for the day.

Total for the day + 7.5 %
Total for the week + 12.0 %

See you all tomorrow.

Green pips

Udine
Sleep less, live fast, as it aint gonna last
  • #2,360
  • Jan 11, 2012 10:14am Jan 11, 2012 10:14am
Hi Udine

I like your FIFO indicator.
Although I am mostly a price action guy, it is nice to see a little arrow to "wake me up" to take a trade.

I typically spend most of my time on 15 minute charts (although I bounce up to the 1 hour and 4 hour to get a feel for the general direction of the market.

I have your FIFO indicator on a chart and I went down to the 5 minute chart and it looks like it gives signals just fine for the 5 minute.

Two questions,

1/ is there anything in the code that you know of that would prevent this indicator working on the 5 minute charts?

2/ In the settings where it says "period 1" 240 I am assuming that means that it is checking the 240 minute HA?
If I changed that to read 60, would it then check the 60 minute HA?
(I will still use my own filter for trading in the general direction of the trend) but I thought if I did that (changed it to 60 and traded from the 5 minute chart) I thought it might give earlier signals?

I don't see why not, but I thought I would just ask you.

Best wishes

PGPB
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