Here is the link to a 5min strategy that you can share with anyone you want to. This will show you the effect of trading with compound turning $250 in $7000 in 22 months. Live videos of the trades included.
Phillip
Is there another link explaining the basic settings of the 5 min off the Zone Crash Course? i.e. the moving averages of the zone etc.
Can't find any settings information in the link above.
Thanks in advance.
Robert
The only reason why I stopped the journal was because there were very little discussion on the thread itself about the trades that I made in the journal. No one seems to follow and trade it with me.. Go to the journal, use the rules that is set out there, do your backtesting and come and tell me what you have found. About Ziko 123 I can only say that he was never on the thread to try and learn the system but to argue with people including myself. I had no choice as to stop him as he did the same on other threads.
Phillip
Is there another link explaining the basic settings of the 5 min off the Zone Crash Course? i.e. the moving averages of the zone etc.
Can't find any settings information in the link above.
Thanks in advance.
Robert
Ignored
Here is a link to the zip file containing the 5min strategy together with another one as well.
Am i right in assumeing that there were no trades in the past 2 days according to the rules of the system ?I'v e been reading as much as i can,and trying to spot entries as they happen.
Am a trader since 2009, for the first 2 yrs, i had 2 sleep hungry coz of lack of a good system to trade. I was looking for a ststem that explains the market and its behaviors. My friend Edonya made me land here after seeing his back tests with amazing profits and his market understanding.
i went to the blog and downloaded every material in there, came to the forum and read each and every PHILIP'S post. here i am 3 yrs later, am a forex Analyst and a Mentor to many guys here in Kenya.
I mention my Mentor (Philip) in each and every lesson in take!!!
My students have learnt that going against a mentor is committing murder in this business.
Thanks mentor for your constant explanation of Market Rhythm, Discipline, Motion and Emotion. Your 52min video is my breakfast dish Each morning.
Fore sure, This strategy works. Watch this space for more posts.
Many will try to put a word in your head like this, " TRADE WHAT YOU SEE AND NOT WHAT YOU THINK!". Is this true? For me, This sentence is not alway correct. But it really depends on you.
If you want to trade what you see, then ask yourself ; "Am I seeing the chart corectly? Do I have the skills to see and describe the chart movement corectly? How do I trade what I see if my brain is already thinking at the exact moment my eyes see? Will I put my money on that trades?
See... For me this Trade what you see is another confusing propaganda in forex business. People thinks as a respond to what they see, hear, feel and touch. It's happen instantly in a blink of the eye. No one can stop your brain from thinking at the moment you see. Actually, It takes a brain function to see.
As I said many times before. Nothing comes easy in this job. In order to trade it the right way, you just have to train yourself to see correctly and to think correctly at the same time. If you pass these too much "SEE and THINK" your brain will record that in some sort of statistical result in our head, that's what I call Insting and skills. At that moment your brain will develop and an ability to guess correctly and make a right decision instantly. That's what we suppose to do.
It's like Van Gogh who can make a random brush play on a blank canvas instantly but still it looks beautiful. Or Madonna and Jacko who dance randomly but still looks sexy and fantastic, Or Gary Moore who can play random blues notes but still it sound amazing. That's is a skill.
So for me, Do not trade what you see or think, but train the way you see and think first then trade with the skill you earn from that training.
Many will try to put a word in your head like this, " TRADE WHAT YOU SEE AND NOT WHAT YOU THINK!". Is this true? For me, This sentence is not alway correct. But it really depends on you.
If you want to trade what you see, then ask yourself ; "Am I seeing the chart corectly? Do I have the skills to see and describe the chart movement corectly? How do I trade what I see if my brain is already thinking at the exact moment my eyes see? Will I put my money on that trades?
See... For me this Trade what you see is another confusing propaganda...
Ignored
This is an excellent post. To be trained to respond by what you see according to the rules and rhythm as it is trained inside of you to become second nature. Well done
You said everything what i wanted to write about price action, support/resistance levels , macd and candles.
New people comming here should understand that this system is not only about trading MACD, it's combination of MACD , moving averages and price action ( candle formation/patterns are also very important ).
So for those who say that this system is not working, please backtest this strategy for 2 years, and You will see it's working quite nice.
I didn't saw system that is 100% profitable, it doesn't exist!
You will have better times and times when this system will loose ( especialy in tight consolidations ).
So IMO all new people here should trade at beginning only with TC from 21 ema, with max. 1% risk per trade on small live account. That will teach them how to handle with emotions and system. Protecting Your trading capital is most important thing in trading, no matter what system will You use.
B.
( Sorry if my english grammar is not good enough, hope You all understand it correctly )
My name is Nabeel. Wanted to thank Nel for his efforts and his dedication. He has put tremendous efforts and it is helping many people. I have gone through all the material provided and doing so again to further clear the concepts. So once again thanks Nel. You really are a gem of a person. Wish you a very successfull trading career.
4 Hour Strategy (MACD)
