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Cheesy Forex Trading Method

  • Post #1
  • Quote
  • First Post: Edited 10:04am Feb 18, 2013 7:33am | Edited 10:04am
  •  zeling89
  • | Joined Aug 2011 | Status: Member | 8 Posts
Forex trading made cheesy.
Bringing to you daily live trade forecast with a simple yet powerful method.
Happy cheesing pips!
More info:
https://www.facebook.com/CheesyForexTrades

Indicators:
Simple Moving Average - 21
Parabolic SAR - Default
Attached Image (click to enlarge)
Click to Enlarge

Name: newchart.png
Size: 96 KB


How it works??:
I hate reading through and typing long and lengthy words. My English isn't that great either so I've uploaded a video to explain the strategy and show it to you LIVE in action. It's only a 5 minutes video because it is that simple. Profited 44pips on 6th Feb 2013. Enjoy!
http://www.youtube.com/watch?v=WAPcI-IRRuc

Another video example with update!
Profited +60pips on 18th Feb 2013.
http://www.youtube.com/watch?v=IeNFaM7h69I

Feel free to give feedbacks, I know this method is very simple, please don't compare me to other traders in this forum who are way more experienced. For I am still learning and just want to share my humble opinion. Thanks for the support!
  • Post #2
  • Quote
  • Feb 18, 2013 9:47am Feb 18, 2013 9:47am
  •  neziah
  • | Joined May 2007 | Status: Member | 52 Posts
Nice and simple keep them coming
 
 
  • Post #3
  • Quote
  • Feb 18, 2013 10:05am Feb 18, 2013 10:05am
  •  zeling89
  • | Joined Aug 2011 | Status: Member | 8 Posts
Quoting neziah
Disliked
Nice and simple keep them coming
Ignored
the first person who likes this! really appreciate it. i'll try my best to update frequently.
 
 
  • Post #4
  • Quote
  • Feb 18, 2013 10:15am Feb 18, 2013 10:15am
  •  Phreddy
  • | Joined Sep 2007 | Status: Member | 373 Posts
All looks very simple and rewarding but I notice that you also lost $91 on the trade before the last two on your account history. Was that the same system?
 
 
  • Post #5
  • Quote
  • Feb 18, 2013 12:22pm Feb 18, 2013 12:22pm
  •  Angie 2012
  • | Joined Feb 2012 | Status: Member | 16 Posts
Hi Do you just trade this method before London Open?
 
 
  • Post #6
  • Quote
  • Feb 18, 2013 10:59pm Feb 18, 2013 10:59pm
  •  zeling89
  • | Joined Aug 2011 | Status: Member | 8 Posts
Quoting Phreddy
Disliked
All looks very simple and rewarding but I notice that you also lost $91 on the trade before the last two on your account history. Was that the same system?
Ignored
yes it is the same system. since i use 30pips for both TP and SL, trading at $3/pip. Your profit and loss should be around $90 depending on how much spread your broker offers.
 
 
  • Post #7
  • Quote
  • Feb 18, 2013 11:01pm Feb 18, 2013 11:01pm
  •  zeling89
  • | Joined Aug 2011 | Status: Member | 8 Posts
Quoting Angie 2012
Disliked
Hi Do you just trade this method before London Open?
Ignored
hi there, yeap. this system is designed to catch London's Open movement all the way through NY's Open as well.
 
 
  • Post #8
  • Quote
  • Feb 18, 2013 11:38pm Feb 18, 2013 11:38pm
  •  xlitang
  • | Commercial Member | Joined Aug 2011 | 1,121 Posts
how long have you traded this system?
Follow me to the Promised Land
 
 
  • Post #9
  • Quote
  • Feb 19, 2013 2:53am Feb 19, 2013 2:53am
  •  zeling89
  • | Joined Aug 2011 | Status: Member | 8 Posts
Quoting xlitang
Disliked
how long have you traded this system?
Ignored
i've been trading this system for about 3 months now.
 
 
  • Post #10
  • Quote
  • Feb 19, 2013 3:09am Feb 19, 2013 3:09am
  •  zeling89
  • | Joined Aug 2011 | Status: Member | 8 Posts
Trades for 19th Feb 2013

Based on setup rules:

Short EU
Attached Image (click to enlarge)
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Name: EU.png
Size: 99 KB


Long GU
Attached Image (click to enlarge)
Click to Enlarge

Name: GU.png
Size: 98 KB


Hopefully it goes in our favour.
 
 
  • Post #11
  • Quote
  • Feb 19, 2013 3:24am Feb 19, 2013 3:24am
  •  Telac
  • | Joined Jan 2008 | Status: The Jester | 382 Posts
No MA 21 on your chart today Zeling?
 
 
  • Post #12
  • Quote
  • Last Post: Feb 26, 2013 9:37am Feb 26, 2013 9:37am
  •  msia.metal
  • | Joined Jan 2013 | Status: Member | 92 Posts
interesting. how r things going on? pls. post often.
 
 
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