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Simple Money Making Method

  • #1,681
  • Oct 30, 2012 8:01am Oct 30, 2012 8:01am
Quoting duffy
newride

Welcome to Forex Factory and maybe even to trading forex. I have no idea what your experience is in trading the forex market, but I note that you are reasonably new to FF.

I want you to consider this:
.........you have joined a thread where the system is set out by FX-Pro in the first post. Have a look at your chart and compare it to the one posted on the very first page. I cannot see a similar looking chart.

Now it you look at the update to the system as posted by FX-Pro in Posts # 954 and #955 on page 64. Can you say your chart compares...
Thanks for your reply,

The indicator you see under the chart has nothing to do with the system. Its just for my own eyes. i can put up a chart without it as well. The reason why i posted the chart was to allow comments and views of experienced traders like yourself, i did not say it was an entry i asked for suggestion if this could be a possible entry if the next bar rejects 200 ema.

If the next bar rejects 200 ema and close belwo 8/12 ema then according to the method that would be a correct entry.

Please correct me if i am wrong. I am new to trading and would like to learn from any one experienced .

Thanks and regards.
  • #1,682
  • Edited 9:29am Oct 30, 2012 8:53am | Edited 9:29am
Hi fx pro,

First of all thanks for the nice system.

Are we following 12 ema method or 8 ema channel method. I am confused now. Please advise.

Thanks
Make money Not pips
  • #1,683
  • Oct 30, 2012 10:04am Oct 30, 2012 10:04am
Quoting balle1973
Hi fx pro,

First of all thanks for the nice system.

Are we following 12 ema method or 8 ema channel method. I am confused now. Please advise.

Thanks
Explanation and "rulebook" in post 954

http://www.forexfactory.com/showthre...31#post6067831
  • #1,684
  • Oct 30, 2012 1:22pm Oct 30, 2012 1:22pm
Quoting diver78
Explanation and "rulebook" in post 954

http://www.forexfactory.com/showthre...31#post6067831
Thanks for the reply Diver. But Fx pro used orignal method in post #1662 page 111.
Make money Not pips
  • #1,685
  • Oct 30, 2012 3:16pm Oct 30, 2012 3:16pm
possible set up in the making.EU bounce from 72EMA is 2940 on 1hr TF

Nothing News wise big until NOV 1st farm employment numbers which is Thurs.
So theoretically we got 1 more day to go up and possibly come down if the farm numbers look good.
If PA goes through 2940 next stop is 2925 then 2900-2895
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In trading, you have to be defensive and aggressive at the same time
  • #1,686
  • Oct 30, 2012 9:36pm Oct 30, 2012 9:36pm
Hello well0143

I note that you are an Aussie as well.

I looked at your chart and wondered why on earth you'd want to go long after such a decisive red (bearish) candle....................then I realised that you have red for your up (bullish) candles and blue for your down (bearish) candles. I'd never contemplate having red for anything other than to show a bearish (down) candle.

It's your choice of course, but to me it is odd.


Regards
  • #1,687
  • Oct 30, 2012 10:14pm Oct 30, 2012 10:14pm
Quoting duffy
Hello well0143

I note that you are an Aussie as well.

I looked at your chart and wondered why on earth you'd want to go long after such a decisive red (bearish) candle....................then I realised that you have red for your up (bullish) candles and blue for your down (bearish) candles. I'd never contemplate having red for anything other than to show a bearish (down) candle.

It's your choice of course, but to me it is odd.


Regards

hey duffy yeah i had noticed it as well when i was changing the colours i stuffed that one up because i was changing so many different graphs around lol
  • #1,688
  • Oct 31, 2012 2:57am Oct 31, 2012 2:57am
Quoting FX-Pro
This is the right entry....
finally have to exit this trade with 30 pips profit after 3 days.
thanks fx pro for this nice system

the earth is the lord's and the fullness thereof
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i am the lord that giveth thee power to create wealth.
  • #1,689
  • Oct 31, 2012 3:00am Oct 31, 2012 3:00am
Quoting fx light
finally have to exit this trade with 30 pips profit after 3 days.
thanks fx pro for this nice system

the earth is the lord's and the fullness thereof
the cross of 12ema on the bb was the reason for the exit
thanks fx pro for sharing
i am the lord that giveth thee power to create wealth.
  • #1,690
  • Oct 31, 2012 3:13am Oct 31, 2012 3:13am
Quoting fx light
the cross of 12ema on the bb was the reason for the exit
thanks fx pro for sharing
good work, !! was wondering if you would be able to post a graph with you entrances and certain points you were aiming for!!! for the noobs
  • #1,691
  • Oct 31, 2012 3:18am Oct 31, 2012 3:18am
Just made this entry on eur -usd 1 hr chart about 13 pips up already. this was a fast one
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i am the lord that giveth thee power to create wealth.
  • #1,692
  • Oct 31, 2012 3:21am Oct 31, 2012 3:21am
Quoting well0143
good work, !! was wondering if you would be able to post a graph with you entrances and certain points you were aiming for!!! for the noobs
ok i will
i am the lord that giveth thee power to create wealth.
  • #1,693
  • Oct 31, 2012 3:26am Oct 31, 2012 3:26am
Hi Folks...

I dont have my system to post chart....

Just an update - : took a Short now on USD/CHF - 0.93115 & Long on E/U - 1.29777...

I'l keep you posted on all the trades in the afternoon..

Green pips to all

Cheers,
FX-Pro
  • #1,694
  • Oct 31, 2012 3:32am Oct 31, 2012 3:32am
I've been watching this thread for a couple of days and decided to join you in your journey.

Took this trade just now
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  • #1,695
  • Oct 31, 2012 3:43am Oct 31, 2012 3:43am
Quoting bolo
I've been watching this thread for a couple of days and decided to join you in your journey.

Took this trade just now

Welcome to the thread, that was a clear trigger....

Green pips..
FX-Pro
  • #1,696
  • Oct 31, 2012 3:43am Oct 31, 2012 3:43am
Hi Sarvana. Been following your thread for a week and am impressed. Simple, straightforward and effective. Thank you for sharing.

Lee
  • #1,697
  • Oct 31, 2012 3:52am Oct 31, 2012 3:52am
LETS SEE WHAT WE GET AFTER us MARKETS OPEN.
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Ideas shape the course of history
  • #1,698
  • Oct 31, 2012 4:41am Oct 31, 2012 4:41am
Got to be careful here on USD/CHF as price reached support/resistance from past. Just my 2 cents to this trade.

Quoting FX-Pro
Hi Folks...

I dont have my system to post chart....

Just an update - : took a Short now on USD/CHF - 0.93115 & Long on E/U - 1.29777...

I'l keep you posted on all the trades in the afternoon..

Green pips to all

Cheers,
FX-Pro
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  • #1,699
  • Oct 31, 2012 4:55am Oct 31, 2012 4:55am
Quoting FX-Pro
Welcome to the thread, that was a clear trigger....

Green pips..
FX-Pro
Yes, isn't it great when it happens like this. Just a matter of waiting for these textbook setups.
  • #1,700
  • Oct 31, 2012 4:59am Oct 31, 2012 4:59am
Quoting bolo
Got to be careful here on USD/CHF as price reached support/resistance from past. Just my 2 cents to this trade.
but due to the bar breaking the resistance could we be looking at the trade going further and not rebounding, or take the pips and run
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