Simple Money Making Method

The only goal for a trader is to aim for an equity curve that starts at the bottom left and moves up to the top right, as in your equity curve...

hi FXpro, is your indicators been updated? or are you still using what you have posted on page 1? Thanks!

interesting

Guys Please look at the chart and tell me is this a valid entry on H1 and in the longer timer frame its a bullish trend. What could be the exit point.

yes, sorry as I mistakenly thought you were the thread's originator.

Silver may behave deferentially then currency.This system is based on currency.
One way to filter a possible trade is the use of ADX indicator on your met4
Read about this wonderful indi.Lot of pro traders use it.Most important is the
slope line if its below 25 then trend is weak and don't take the trade.If the trend is gaining momentum 25 and above then it progressively gets stronger above 50 is very strong and above 80 extremely strong.
slope has nothing to do with bears or bulls.It only measures strength of the trend.
I use setting of 9 but 14 is common.

This system seems identical with the 15 minutes system of Arjun. Anyone knows that ? pls tell

I thought perhaps incorporating a filter to this system is a good idea.Every system needs a filter to eliminate as much false trades as possible.
I suggest ADX9 period but 14 default is fine as well.I dimmed out other lines and only kept ADX line which is most important.
There are ton of videos on ADX on youtube and you can get an idea of its usage.
In a nutshell ADX measures strength of the trend not Bulls or Bears.
Line above 22 is trend gaining strength below no trades no exceptions.
Slope coming down high number to 40 indicates exhaustion of the trend and possible side way action.
I marked how this could be applied to this system on my chart.

You could incorporate this system bounce with ADX strength 22 and above high probability trade below 22 no trade.
If at 40 coming from higher number is exhaustion of the trend.Going up from 22 to 40 is good.
Saravana what do you think about it?

Long single on the AUD/USD?

buying zone or demand zone is 15-20
Price may get lower from present then bounce from this zones.
I have 3 limit buys ready for action 19/18/17

Hard to predict that now.

Here is a short introduction of myself:

Been trading for a living for 16 years. I trade FX, indeces and commodities futures.

Trend is my best friend. I trust tested analysis and always plan my trade and trade the plan. I learned the hard way to use Occam's Razor: keep it simple & use PA instead of the tonnes of lagging indicators. Also, I prefer return of investment to return on investment. Place stop before u even enter the trade. If something unusual happens before entering the trade, u can be already in profit.

I'm active participant of other trading communities. After reading the whole thread here (2 days homework), I found this to be a great live and modifying method. Just joined FF to share with you my views and to help each other to become better traders. Looking forward to participate here.

Saravana, thx for sharing the idea. Great work here.

Hey Fx-Pro, I really enjoyed the reading of this entire posts here which you have created to tell us about the simple money making method. I would love to used this info to start making money.

Thanks!

Below the chart of december contract ESZ12- emini futures on S&P 500 index.
Interesting. Need to run the test..

yes, I also noticed that there is a similar strategy to trade,but when I look TF H1, I'm looking for input into this system ...

Holy Batman, that 200 MA.. some fine tunning needed..

FYI, my posts are not meant to be the trading recs!

It looks like Aussie could gain some traction to the downside. 200 MA line - it's really magic

Covering half +30 pips as we hit support lines, trailing stop for the rest. Pigs get slaughtered..

Trade smart, signing off,
Ciara

Hello All There,

Is this entry correct?

I would open a sell position when the first candle close below the 12 ema. For me personally the candle you are pointing for entrance can work, but is a little late.