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Attachments: 3% Risk Gives You Bliss System
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3% Risk Gives You Bliss System

  • #341
  • Edited 12:31pm Nov 2, 2012 12:16pm | Edited 12:31pm
I've been following this system from the beginning and like it a lot because I can do other things while still trading. I modified it a bit by just making the Heiken Ashi candles visible and removing the trading time indi. Here's a trade I took today or USD/CAD, I got in a bit late and sold at 0.99615 with a 15 pip SL as the CAD/USD ADR is pretty low. Anyways I'm at +25 at the moment with stop moved to +10.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 28 KB
Island hopping throughout the Caribbean
  • #342
  • Nov 2, 2012 1:01pm Nov 2, 2012 1:01pm
Quoting dumplin_eater
I've been following this system from the beginning and like it a lot because I can do other things while still trading. I modified it a bit by just making the Heiken Ashi candles visible and removing the trading time indi. Here's a trade I took today or USD/CAD, I got in a bit late and sold at 0.99615 with a 15 pip SL as the CAD/USD ADR is pretty low. Anyways I'm at +25 at the moment with stop moved to +10.

How is the FOMC speech treating your new stop?
  • #343
  • Nov 2, 2012 1:44pm Nov 2, 2012 1:44pm
Quoting C.Theory
How is the FOMC speech treating your new stop?
I closed at 0.9921 as I was going out and couldn't monitor the trade. . Made approx +2.5R. Its a good thing I did cause what happened later would have stopped me out for much less.
Island hopping throughout the Caribbean
  • #344
  • Nov 2, 2012 2:12pm Nov 2, 2012 2:12pm
Well by removing the Time data of market does not much matter
i am looking that some more senior traders join us and we can make this system more powerful and longer sustainable
  • #345
  • Nov 2, 2012 2:13pm Nov 2, 2012 2:13pm
Quoting C.Theory
Man, I was debating that entry myself, but then decided to air on the side of caution and avoid it because of the many news releases overnight and early US session.

Chubby, what do you suggest we do with regards to news. Trade through it and ignore it? Never trade during it? Or just guess and cherry-pick which news to ignore and which to follow?

Sitting at +103. Now that will make me feel better this weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: bliss2.jpg Size: 114 KB
  • #346
  • Nov 2, 2012 2:15pm Nov 2, 2012 2:15pm
Quoting waheedpcc
MACD changes to blue what that`s mean ????

The MACD (bottom indicator) is our exit signal. When the MACD line crosses the zero point (which is when it will change color on Cubby's setup) we exit the trade.
  • #347
  • Nov 2, 2012 2:17pm Nov 2, 2012 2:17pm
Quoting spyderman
Sitting at +103. Now that will make me feel better this weekend.
Great Trade ....I'm sorry I didn't get in on that.
Island hopping throughout the Caribbean
  • #348
  • Nov 2, 2012 2:17pm Nov 2, 2012 2:17pm
Quoting spyderman
Sitting at +103. Now that will make me feel better this weekend.
Thank you
your MACd is different from us
How you using this one ?
  • #349
  • Nov 2, 2012 3:07pm Nov 2, 2012 3:07pm
Quoting waheedpcc
Thank you
your MACd is different from us
How you using this one ?

Same indicator, I just took out all the lines that we're not using. You can go into parameters and shut off certain output if you don't want them to show. The only line we're looking at is the MACDline. Then I added a zero line to see when it crosses.
  • #350
  • Nov 2, 2012 3:11pm Nov 2, 2012 3:11pm
Quoting Cubbybgood
Try to help here....

See pic. Not really sure what's confusing here the pic I'm posting here....

Finally....now I get it cubby...great example!!
  • #351
  • Nov 2, 2012 3:11pm Nov 2, 2012 3:11pm
I made my first trade with this system on EUR/USD last night. Wow what a nice way to start. I exited before the news so only got 55 pips, but Ill take that! Thanks Cubbybgood for the great system. I am really liking it!
Attached Image (click to enlarge)
Click to Enlarge Name: EUR-USD.png Size: 37 KB
  • #352
  • Nov 3, 2012 12:03am Nov 3, 2012 12:03am
Quoting Cubbybgood
Not sue if anyone got in this trade from yesterday's Euro session. This trade is currently up almost 90+ pips. Wish I was in this trade....
Hi,

Could you please explain the entry for this chart coz I do not get it here in this context.

Thanks
SSPrem
  • #353
  • Nov 3, 2012 1:22am Nov 3, 2012 1:22am
Quoting spyderman
Sitting at +103. Now that will make me feel better this weekend.

Well at least someone got on for the ride, congrats
  • #354
  • Nov 5, 2012 1:23am Nov 5, 2012 1:23am
http://i46.tinypic.com/epkrd.jpg Take long trade xpma changed . and dark arrow appear as well
  • #355
  • Nov 5, 2012 2:05am Nov 5, 2012 2:05am
very bad day start for me , i just got my sl and out with 19 pips loss too much bad for me
  • #356
  • Nov 5, 2012 2:16am Nov 5, 2012 2:16am
waheed this is not the end, keep trying and always use small lot size till u fell comfortable.
  • #357
  • Nov 5, 2012 2:26am Nov 5, 2012 2:26am
Quoting mujtaba
waheed this is not the end, keep trying and always use small lot size till u fell comfortable.
Here we are not talking about the try try again till you succeed i just added chart in real time so other can see whats this system lack of so we can make it more better i was bit about 2 or 3 late in entry and taken tight sl but it does not work for me but if yo currently see Eur/ Usd the signal is working fine so far lets see whats other doing with it brother
  • #358
  • Nov 5, 2012 4:21am Nov 5, 2012 4:21am
@Cubbybgood

Sir you did not share any trade for few days??
  • #359
  • Nov 5, 2012 4:21am Nov 5, 2012 4:21am
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting waheedpcc
very bad day start for me , i just got my sl and out with 19 pips loss too much bad for me
One of the important things to be a successfull trader is to accept the losses when they occur ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #360
  • Nov 5, 2012 4:33am Nov 5, 2012 4:33am
i agree with you Feruu brother
anyways any one has taken long trade on usd/ chf i just got one entry couple of mints a go
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