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  • #1,781
  • Apr 10, 2013 1:15am Apr 10, 2013 1:15am
It is great pleasure learning from you Favorite so your insights are most welcomed. I am out for the next few hours and will be back later. Iamfx is correct, I did bend the rules.
Trading can't be taught but it can be learned
  • #1,782
  • Apr 10, 2013 1:23am Apr 10, 2013 1:23am
Quoting Iamfx
Maybe Pipsninja is a true gentleman as per your signature!
No, no, you got it wrong!

We, the gentlemen , don't bend the rules! We change them and then we follow them.

Then change again and follow!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,783
  • Apr 10, 2013 1:26am Apr 10, 2013 1:26am
Quoting Pipsninja
It is great pleasure learning from you Favorite so your insights are most welcomed. I am out for the next few hours and will be back later. Iamfx is correct, I did bend the rules.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,784
  • Apr 10, 2013 1:51am Apr 10, 2013 1:51am
Favorite

I`m just thinking... now we have 119 pages in the thread...and yes, some people are...hmm...a litle lazy

For them (and in hope that you dont have to remind over and over the rules)...maybe you are so kind to cumulate ALL the rules (maybe some ex will be great) and with the help of DNA put them on first page?

If is not posible will be great even post it from time to time...

Just a thaught...
Look like a girl, act like a lady, think like a man and work like a dog.
  • #1,785
  • Apr 10, 2013 2:04am Apr 10, 2013 2:04am
Quoting Simonik
Favorite I`m just thinking... now we have 119 pages in the thread...and yes, some people are...hmm...a litle lazy For them (and in hope that you dont have to remind over and over the rules)...maybe you are so kind to cumulate ALL the rules (maybe some ex will be great) and with the help of DNA put them on first page? If is not posible will be great even post it from time to time... Just a thaught...
Simonik, it is a good idea and I was thinking about that myself.

The problem is: I can't do it until I decide what to do with the H1 analysis - should I include it in the rules or not? It is a very important question and at first I thought: let's everybody look at H1 his/her own way. At the time it seemed to work. But after the last two days I'm not so sure.

And if I decide to include H1's rules - I have to word them the way everybody would understand, that would take a little while.

So I'll probably finish that by the end of the week.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,786
  • Apr 10, 2013 2:07am Apr 10, 2013 2:07am
Hi Technician!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,787
  • Apr 10, 2013 2:26am Apr 10, 2013 2:26am
That's why I suggested DNA or yourself might like to do a 20 minute video. Will take a lot less time than you spend answering questions and as you know as the thread gets bigger you will be asked the same questions by those who haven't read the thread thoroughly.
  • #1,788
  • Apr 10, 2013 2:31am Apr 10, 2013 2:31am
Quoting Favorite
Hi Technician!
Hi Michael!
I follow this topic in stealth(read only) mode, and new babon system is f****g good
  • #1,789
  • Apr 10, 2013 2:39am Apr 10, 2013 2:39am
Quoting Favorite
Simonik, it is a good idea and I was thinking about that myself. The problem is: I can't do it until I decide what to do with the H1 analysis - should I include it in the rules or not? It is a very important question and at first I thought: let's everybody look at H1 his/her own way. At the time it seemed to work. But after the last two days I'm not so sure. And if I decide to include H1's rules - I have to word them the way everybody would understand, that would take a little while. So I'll probably finish that by the end of the week.
GREAT!
Look like a girl, act like a lady, think like a man and work like a dog.
  • #1,790
  • Edited 2:50am Apr 10, 2013 2:40am | Edited 2:50am
Quoting handy148
That's why I suggested DNA or yourself might like to do a 20 minute video. Will take a lot less time than you spend answering questions and as you know as the thread gets bigger you will be asked the same questions by those who haven't read the thread thoroughly.
You know, people are just lazy! They are too lazy to think, they are too lazy to follow the rules and I suspect they are even too lazy to remember the rules!

It doesn't matter whether it is a good summary post or a video! My post #930 contains all the rules and I mention this summary post practically on every page, but people read post #930 and do their own thing. I can assure you that people would watch video and then would do their own thing too.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,791
  • Apr 10, 2013 2:45am Apr 10, 2013 2:45am
Yes you're probably right
  • #1,792
  • Apr 10, 2013 2:49am Apr 10, 2013 2:49am
Quoting Favorite
You know, people are just lazy! They are too lazy to think, they are too lazy to follow the rules and I suspect they are even too lazy to remember the rules! It doesn't matter whether it is a good summary post or a video! My post #930 contains all the rules and I mention this summary post practically on every page, but people read post #930 and do their own thing. I can assure you that people would watch video and then would do their own thing too.
I agree. The rules for entry and exit have been made very clear, people will have questions about application and context. But Favorite has kindly explained the core of the strategy, and people need to read, study and apply the whole thread. It's not much to ask, when someone is giving you insight into their success for free.
  • #1,793
  • Apr 10, 2013 2:51am Apr 10, 2013 2:51am
I read one big Russian FOREX forum on the daily basis. One guy has a big thread, he got sick and tired of answering the same questions so he created a video. Now when people ask him the same questions he answers: "My video explains this - watch the 22-nd minute!" or "My video explains this - watch the 15-th minute!" And this makes him even angrier than he was before creating the video.

So for me easier to answer "Read my post #930" than "Watch my video, the 15-th minute!"
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,794
  • Apr 10, 2013 2:53am Apr 10, 2013 2:53am
Quoting Technician
Hi Michael! I follow this topic in stealth(read only) mode
That's smart!

Quoting Technician
new babon system is f****g good
I know, I know!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,795
  • Apr 10, 2013 3:04am Apr 10, 2013 3:04am
my 1st trade today +8 pips.
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  • #1,796
  • Edited 3:30am Apr 10, 2013 3:10am | Edited 3:30am
Price action is very good. I reentered. Lets see what happens. Yes I know I should not enter after the long candle. I exited BE.
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  • #1,797
  • Apr 10, 2013 3:15am Apr 10, 2013 3:15am
Quoting mario777
Price action is very good. I reentered. Lets see what happens.
mario777, first time you broke the rules but got lucky and won 8 pips. Second time you broke the rules again. Why do you think that the Price Action is so good? I think this time you're gonna run out of luck.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,798
  • Apr 10, 2013 3:24am Apr 10, 2013 3:24am
Quoting Favorite

Babon-B allows us to get H1's "big picture" and it also contains several different TMAs that make our exits much easier and much more profitable.


At any given moment we have to know which of the three options we have right now:

1). We're gonna wait for a long Babon Slope's signal

or

2). We're gonna wait for a short Babon Slope's signal

or

3). We don't want to take any signals at all

Hi there Favorite;

Sorry for being one more attacking you with questions.
I spent the whole night reading the tread since post 930 (with great points from your side and other members), also I read the full instructions more than 6 times.
And now I'm doing the testing in real account with little amount.

My questions are:
- I didn't find any explanation about how you interpret TMA's on TF 1H.

- Do you mean that only trade when Tf1H the trend is up or down?

- Babon 2 1H Template goes with the follows TMA: 1 (black), 5 (yellow), 15 (red), 60 (blue) and 240 (brown), but in fact only are visible TMA's 60, 240, because the rest of the TMA's are only visible on TF 1M. If are not relevant for TF1H, why this TMA's are included on Babon 2?

- Babon 1 1M- goes with only TMA 5M, but in your pictures you show TMA 1M (black) as a powerful pattern to keep in mind when they cross completely the Ichi Cloud. Therefore to be aware of that it's necessary to include TMA1m inn the template. Is that correct?

Thanks in advance for your answers.
  • #1,799
  • Apr 10, 2013 3:31am Apr 10, 2013 3:31am
Quoting Veracruz
Hi there Favorite; Sorry for being one more attacking you with questions. I spent the whole night reading the tread since post 930 (with great points from your side and other members), also I read the full instructions more than 6 times. And now I'm doing the testing in real account with little amount. My questions are: - I didn't find any explanation about how you interpret TMA's on TF 1H. - Do you mean that only trade when Tf1H the trend is up or down? - Babon 2 1H Template goes with the follows TMA: 1 (black), 5 (yellow), 15 (red), 60 (blue)...
Hello, Veracruz!

I'm sorry, but if you have read the thread even beginning from post #930, you would have found all the answers.
Let's go with the flow
  • #1,800
  • Apr 10, 2013 3:32am Apr 10, 2013 3:32am
Quoting Favorite
mario777, first time you broke the rules but got lucky and won 8 pips. Second time you broke the rules again. Why do you think that the Price Action is so good? I think this time you're gonna run out of luck.
Favorite, Im still learning through my mistake. Many thanks for pointing it.
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