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James16+Rayanmcd(Jan kone) and ME 7 replies

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Jankone M5 thread

  • #4,421
  • Dec 19, 2011 11:15am Dec 19, 2011 11:15am
Hi,

I traded few systems today just to test them. I lost some money and i finally returned to this method.

I use fixed SL, 8 pips. Tp is first bull/ bear candle or 16 pips if i have to leave.

Last trade today, +8 pips.
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  • #4,422
  • Jan 18, 2012 11:34am Jan 18, 2012 11:34am
Happy New Year folks
every Saint has a past. Every Sinner has a Future
  • #4,423
  • Feb 1, 2012 1:52am Feb 1, 2012 1:52am
Hi everyone.....what ever happen to this thread?

Its dying if not already dead?.....Is this a sign that this system does not work?
  • #4,424
  • Feb 1, 2012 3:35am Feb 1, 2012 3:35am
Maybe people are too busy making money to post
The method works but there is a subjective element that will make or break it. You gotta test yourself. Not everyone will take the same trades and not everyone will exit at the same place.
  • #4,425
  • Feb 1, 2012 5:01am Feb 1, 2012 5:01am
hello all

i think its wow simple system...

i just read the 1st post...

and look at the eurusd chart...

what is your opinion?
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  • #4,426
  • Feb 1, 2012 1:26pm Feb 1, 2012 1:26pm
Quoting fadi111
hello all

i think its wow simple system...

i just read the 1st post...

and look at the eurusd chart...

what is your opinion?

up up up

great so simple system

20 pips today so fast...

but i have a question please..

about the ema 21 and sma 50
what colors r u used to review the charts
  • #4,427
  • Feb 2, 2012 1:19am Feb 2, 2012 1:19am
Quoting fadi111
up up up

great so simple system

20 pips today so fast...

but i have a question please..

about the ema 21 and sma 50
what colors r u used to review the charts
First post uses:

21ema = blue
50sma = red

(... but of course it does not matter which colour you use)

You forgot to use the bollinger band indicator and to only trade pinbars as per post 1. Read it all, and read the pdf attachment on pinbars in this thread. Its all here.
WARNING: Don't follow me as I'm just learning
  • #4,428
  • Feb 2, 2012 3:05am Feb 2, 2012 3:05am
Quoting adam777
First post uses:

21ema = blue
50sma = red

(... but of course it does not matter which colour you use)

You forgot to use the bollinger band indicator and to only trade pinbars as per post 1. Read it all, and read the pdf attachment on pinbars in this thread. Its all here.
thanx Adam777
my problem with the pdf files that the explaintions not jappanes candles..(bars)
really its an effictave simple system...i will master it..
yes i know its doesnt matter but just to have the same charts

does u trade and focus just this system?
  • #4,429
  • Feb 2, 2012 4:18am Feb 2, 2012 4:18am
Quoting fadi111
thanx Adam777
my problem with the pdf files that the explaintions not jappanes candles..(bars)
really its an effictave simple system...i will master it..
yes i know its doesnt matter but just to have the same charts

does u trade and focus just this system?
The candles show exactly the same information, just shown differently. I am still demoing this system, but my opinion doesn't really matter. Read the entire thread as many of the posts are from full time traders whose opinion does count.
WARNING: Don't follow me as I'm just learning
  • #4,430
  • Feb 2, 2012 7:51am Feb 2, 2012 7:51am
nice simple system only trading the eur/usd made 3 trades sence yesterday

+77 long
+55 short
+35 long this morning

All with the divergance. I have not got into the BB bands yet or the moving averages.
  • #4,431
  • Feb 2, 2012 8:42am Feb 2, 2012 8:42am
Quoting adam777
The candles show exactly the same information, just shown differently. I am still demoing this system, but my opinion doesn't really matter. Read the entire thread as many of the posts are from full time traders whose opinion does count.
your opinion is matter for me, if u trade the system for long time..

but its yours...

good lock
  • #4,432
  • Feb 2, 2012 8:44am Feb 2, 2012 8:44am
Quoting ejenkins
nice simple system only trading the eur/usd made 3 trades sence yesterday

+77 long
+55 short
+35 long this morning

All with the divergance. I have not got into the BB bands yet or the moving averages.
wich frame?

because its about 10-30 pips on 5m tf i think

yes i think its simple and the best
  • #4,433
  • Feb 3, 2012 9:16am Feb 3, 2012 9:16am
I trade in the 10, 15 and 30 time frame. I give it some room on the down side but I'm look and Range bars to see how this system reacts to 6,8 and 15 range bars.
  • #4,434
  • Feb 4, 2012 1:19pm Feb 4, 2012 1:19pm
Quoting ejenkins
I trade in the 10, 15 and 30 time frame. I give it some room on the down side but I'm look and Range bars to see how this system reacts to 6,8 and 15 range bars.
will start on monday...share charts and discus on them

where is Jankone?
  • #4,435
  • Feb 6, 2012 12:34am Feb 6, 2012 12:34am
hey friends

what is your opinion..on this setup

i hope Jankone is here with us to continure this great system...
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  • #4,436
  • Feb 6, 2012 4:52am Feb 6, 2012 4:52am
Fadi,
If you have taken this trade, you would be making pips. Congrats.
There are two criterias that were met eg divergence esp and a support at 76.58....BUT for me i would not take it because the PB is too small and coupled with that the preceding bar was a giant.
I have been killed many times in the past taking this kind of CT trades.

I also throw in a Bollinger and the triggering PB did not even go near it. Its also one of my criteria ie the PB must pierce the BB if not i would not take it.
Sometimes it will work even if some of the criterias are not met but i was burned many times for not being choosy.....
  • #4,437
  • Feb 6, 2012 5:28am Feb 6, 2012 5:28am
really perfect system...

but am i alone here ?!?!

audusd--your opinion on this setup...
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  • #4,438
  • Feb 6, 2012 5:54am Feb 6, 2012 5:54am
Fadi,

I would have taken this set up. It meets all the criterias

1. Divergence
2. PB ( A but not A+)
3. overextended - extreme of BB( piercing).

Its not really a CT trade bcos the trend is down. I looked at 30 mins charts.

Did not take it bcos i just missed it by a few minutes..http://www.forexfactory.com/images/icons/icon8.gif
  • #4,439
  • Edited 7:08am Feb 6, 2012 6:36am | Edited 7:08am
Quoting Nicted
Fadi

I would have taken this set up. It meets all the criterias

1. Divergence
2. PB ( A but not A+)
3. overextended - extreme of BB( piercing).

Its not really a CT trade bcos the trend is down. I looked at 30 mins charts.

Did not take it bcos i just missed it by a few minutes..http://www.forexfactory.com/images/icons/icon8.gif
Yeah brother, i still also on demo, but i feel its really powerful simple system after training it well and feel it...

let us share here charts..

i search on the net about an indicator for alert when pb is created..
i found some. i will check them. do u have excellent one?

share please if yes
happy trade..
  • #4,440
  • Feb 6, 2012 7:11am Feb 6, 2012 7:11am
Quoting fadi111
Yeah brother, i still also on demo, but i feel its really powerful simple system after training it well and feel it...

let us share here charts..

i search on the net about an indicator for alert when pb is created..
i found some. i will check them. do u have excellent one?

share please if yes
happy trade..

try this PB indi and amybe we can change the its settings to get perfect one
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