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Simple Money Making Method

  • #1,741
  • Edited 11:03pm Oct 31, 2012 10:02pm | Edited 11:03pm
Quoting Davit
System has a nice filter the Pac. Notice it avoided us premature entry.
PA bounces off 62-66 but did not break upper channel.
Think how much money you just saved by not entering a losing trade.

Want to add less pairs you trade more you understand its behavior and better you understand the market.
I trade 4 pairs only
EU GU AU UC
That's it. I got 1 Asian pair. 1 North American and 2 European. It covers the globe!
Please don't ask me about any other pairs because I don't even look at them.
I also watch these pairs only. Waiting game is still on. It is already 11pm here in Toronto. Time for the local news on TV and will again check back at 11:55pm.

Edit: 12am. Price is still in between channels for all the pairs. PAC is amazing filter.
Make money Not pips
  • #1,742
  • Oct 31, 2012 11:32pm Oct 31, 2012 11:32pm
Quoting Davit
Hey Sarvana where you been? I hope everything is fine with you.
hey brother davit.... i'm fine... just went out with my Colleagues, came back late last night...

Hope every one are fine there....

whats up with Hurricane sandy...........
  • #1,743
  • Oct 31, 2012 11:46pm Oct 31, 2012 11:46pm
Quoting FX-Pro
hey brother davit.... i'm fine... just went out with my Colleagues, came back late last night...

Hope every one are fine there....

whats up with Hurricane sandy...........
My neighbors big tree fell but luckily missed my house.Street in front of my house was like river.I was out there with my wife clearing leaves from drains.Was not pretty.
But overall Boston dodged a big bullet.Not so for NY NJ
In trading, you have to be defensive and aggressive at the same time
  • #1,744
  • Oct 31, 2012 11:50pm Oct 31, 2012 11:50pm
Dear Folks,

This is not to prove anything, but to motivate my brothers & sisters here…

Here is my last month chart, but just two weeks, because I changed my broker again…. With the other broker I took not more than 10 trades I guess – all are winners.

Put together 22 trades on A/U, E/U, G/U & NZD/USD + I took couple of CHF as well

Overall a good month October.

This is the advantage when you trade less…

With this lets welcome the new month & wish you all green pips….

Cheers,
FX-Pro
Attached Image (click to enlarge)
Click to Enlarge Name: Account.png Size: 10 KB
  • #1,745
  • Oct 31, 2012 11:56pm Oct 31, 2012 11:56pm
Quoting Davit
My neighbors big tree fell but luckily missed my house.Street in front of my house was like river.I was out there with my wife clearing leaves from drains.Was not pretty.
But overall Boston dodged a big bullet.Not so for NY NJ
I was watching all these kind of stuff on the TV.... felt really bad....

I don’t believe all these, but just curious…

Can any one throw some light on Mayan calendar predictions….

Is this something to do with all these disasters happening across the world…
  • #1,746
  • Nov 1, 2012 12:00am Nov 1, 2012 12:00am
Quoting FX-Pro
Dear Folks,

This is not to prove anything, but to motivate my brothers & sisters here…

Here is my last month chart, but just two weeks, because I changed my broker again…. With the other broker I took not more than 10 trades I guess – all are winners.

Put together 22 trades on A/U, E/U, G/U & NZD/USD + I took couple of CHF as well

Overall a good month October.

This is the advantage when you trade less…

With this lets welcome the new month & wish you all green pips….

Cheers,
FX-Pro
Sarvana did you do that on Meta4? Congrats by the way.If you did that chart on Meta4 could you tell me how? Thank you
In trading, you have to be defensive and aggressive at the same time
  • #1,747
  • Nov 1, 2012 12:07am Nov 1, 2012 12:07am
Quoting Davit
Sarvana did you do that on Meta4? Congrats by the way.If you did that chart on Meta4 could you tell me how? Thank you
Its just copy paste from the account history, & croped all the unwanted (Privacy)...

Cheers,
FX-Pro
  • #1,748
  • Nov 1, 2012 12:09am Nov 1, 2012 12:09am
Hi,

Here is my entry. Closed above PAC and rejected RN. let us see how it goes.
Attached Image (click to enlarge)
Click to Enlarge Name: canusdonov1.gif Size: 20 KB
Make money Not pips
  • #1,749
  • Nov 1, 2012 12:13am Nov 1, 2012 12:13am
first of all,
thank you for this thread!!

i have a few question about the time of entrance.
is there a specific time you enter the trade?

if you look at the chart, i see those two circles as a valid entrance.
can someone correct me on this one?

thank you!
jhfx
Attached Image (click to enlarge)
Click to Enlarge Name: 1.JPG Size: 105 KB
  • #1,750
  • Nov 1, 2012 12:14am Nov 1, 2012 12:14am
Quoting FX-Pro
Its just copy paste from the account history, & croped all the unwanted (Privacy)...

Cheers,
FX-Pro
When I right click on account I can save it as statement but it does not draw chart or % like yours.
Please please tell me how.I have been adding manually to excel to get equity balance chart but that is tedious.
Thank you
In trading, you have to be defensive and aggressive at the same time
  • #1,751
  • Nov 1, 2012 12:18am Nov 1, 2012 12:18am
Quoting Jhfx
first of all,
thank you for this thread!!

i have a few question about the time of entrance.
is there a specific time you enter the trade?

if you look at the chart, i see those two circles as a valid entrance.
can someone correct me on this one?

thank you!
jhfx
1st circle is to get out!!! notice big candle piercing up the upper channel? That would of been valid but where you circled is to exit.
Second circle is too premature since candle has not past upper channel.You need a clear separation for valid entry
Concept is simple. Price must clearly break away upper or lower channel to be valid and we are using 72EMA as a bounce.
In trading, you have to be defensive and aggressive at the same time
  • #1,752
  • Nov 1, 2012 12:26am Nov 1, 2012 12:26am
Quoting Davit
When I right click on account I can save it as statement but it does not draw chart or % like yours.
Please please tell me how.I have been adding manually to excel to get equity balance chart but that is tedious.
Thank you
Once you right click on account history select the option "save as detail report" once you saved, just right click on the chart / image & select copy & paste it...

other option - take a print screen after the account details is saved...

hope this helps...

Cheers,
FX-Pro
  • #1,753
  • Nov 1, 2012 12:34am Nov 1, 2012 12:34am
Quoting balle1973
Hi,

Here is my entry. Closed above PAC and rejected RN. let us see how it goes.
Session & pair you selected does not go well... + lack of momentum, its not my kind of stuff... if it works its your luck...

Good luck
  • #1,754
  • Nov 1, 2012 12:37am Nov 1, 2012 12:37am
Quoting FX-Pro
I was watching all these kind of stuff on the TV.... felt really bad....

I don’t believe all these, but just curious…

Can any one throw some light on Mayan calendar predictions….

Is this something to do with all these disasters happening across the world…
Hi Fx-Pro, First let me say thank you for this thread. Removed all the junk from my charts except 8 hi/lo EMA & 72 EMA, went with the trend and never looked back. I've been lurking from the very start but have not had anything worthwhile to post until now.

Short version; No, the Mayan Calender has nothing to do with any natural or man-made (political) disasters. There will always be "stuff" happening. The last day on a calender only means it time to get a new, current calender. Like all the other advanced early cultures the Mayans were gifted astronomers. They needed an accurate calender(s) to know when to plant and harvest their crops.

Long version will take us waaaaay off topic. A Google will get you more than you probably ever wanted to know. All the best - Lou
  • #1,755
  • Nov 1, 2012 12:45am Nov 1, 2012 12:45am
Quoting Percival
Hi Fx-Pro, First let me say thank you for this thread. Removed all the junk from my charts except 8 hi/lo EMA & 72 EMA, went with the trend and never looked back. I've been lurking from the very start but have not had anything worthwhile to post until now.

Short version; No, the Mayan Calender has nothing to do with any natural or man-made (political) disasters. There will always be "stuff" happening. The last day on a calender only means it time to get a new, current calender. Like all the other advanced early cultures the Mayans were gifted...
Thanks for that....

in fact i went through all the google stuf... but just curious... what people are thinking about...

anyways... you are right, this will take us all off topic....

l'm busy with my monthly /weekly /daily analysis for the new month....

some more time & then rush to work...

Cheers,
FX-Pro
  • #1,756
  • Nov 1, 2012 12:46am Nov 1, 2012 12:46am
Quoting FX-Pro
Once you right click on account history select the option "save as detail report" once you saved, just right click on the chart / image & select copy & paste it...

other option - take a print screen after the account details is saved...

hope this helps...

Cheers,
FX-Pro
Thank you I was not pressing detail report.You have no idea how happy this makes me.Finally I can track my progress.
Here is my Oct equity chart
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 42 KB
In trading, you have to be defensive and aggressive at the same time
  • #1,757
  • Nov 1, 2012 12:52am Nov 1, 2012 12:52am
Quoting Davit
Thank you I was not pressing detail report.You have no idea how happy this makes me.Finally I can track my progress.
Here is my Oct equity chart
Wow....

You proved it my brother....

Looks good... except for number of trades you took.... not my kind...

Thats the ultimate of a trader... oops.... a successful trader.... now that you have to sustain this for ever....

Wish you all the best davit....

Keep it up...

Cheers,
FX-Pro
  • #1,758
  • Nov 1, 2012 12:56am Nov 1, 2012 12:56am
Quoting FX-Pro
Wow....

You proved it my brother....

Looks good... except for number of trades you took.... not my kind...

Thats the ultimate of a trader... oops.... a successful trader.... now that you have to sustain this for ever....

Wish you all the best davit....

Keep it up...

Cheers,
FX-Pro
Thanks brother yes you are right.Trade less but more precision more pips.
I am still in budding stage.My butterfly wings are not dry yet.You took based on your chart 6 trades a week.Wow! That is discipline!I am actually really impressed by that.
With NFEC and Employment data at 8:30am Markets most likely won't move much until after.
In trading, you have to be defensive and aggressive at the same time
  • #1,759
  • Nov 1, 2012 1:17am Nov 1, 2012 1:17am
Hi,

Attached Image (click to enlarge)
Click to Enlarge Name: EU NOV 1.png Size: 21 KB


Very solid thread you have going here in only a short space of time.
Have taken the time to read from Post #1 and have already made a few pages of extremely educational notes.
Many thanks to FX Pro and others who have regularly contributed.

Looking to demo trade this set up if it decides to close above 12 EMA.
This will also be a close above 200 EMA.

Comments most welcome.

Cheers

Sunny C.
  • #1,760
  • Nov 1, 2012 1:22am Nov 1, 2012 1:22am
Quoting Sunny Coast
Hi,

Attachment

Very solid thread you have going here in only a short space of time.
Have taken the time to read from Post #1 and have already made a few pages of extremely educational notes.
Many thanks to FX Pro and others who have regularly contributed.

Looking to demo trade this set up if it decides to close above 12 EMA.
This will also be a close above 200 EMA.

Comments most welcome.

Cheers

Sunny C.
Sunny why not try the updated system with 8EMA pac.That's what FX-Pro recommends.It acts as a nice filter from whipsaw range periods
If not familiar instead of 12EMA replace with 8EMA High 8EMA low
72EMA and 200EMA
In trading, you have to be defensive and aggressive at the same time
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