Third Screen Strategy - Dr. Alexander Elder | Page 109 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Substitute for screen time? 5 replies

Alexander Elder's Channel 4 replies

Elder-Rays 3 replies

Attachments: Third Screen Strategy - Dr. Alexander Elder
Exit Attachments

Third Screen Strategy - Dr. Alexander Elder

  • #2,161
  • Jul 5, 2013 12:31am Jul 5, 2013 12:31am
Quoting NikolaFX
I was offline from thread awhile,but I must say that I was very profitable with this strategy.I think I mastered this strategy for these two or three months.Now I have three accounts,that are really great(profitable).I want to thanks again to mr. 100pipsaday,you done so much for all of us,I'm very thankful.And if you come sometime to Serbia or Montenegro CONTACT ME! .When I look back on my stupid questions that I asked ,hahaha I laugh out loud!But also from these stupid questions I learned a lot.I have milions of advice to all "newbies",but I...

Nicola,
They are inspirational words - thanks for taking the time out to make us feel 'Normal' regards some of the things we all ask. It's great you don't have a short memory regards where you started off, but offer help and advice and are so positive regards trading.
Thank you
Delta
  • #2,162
  • Jul 5, 2013 2:54am Jul 5, 2013 2:54am
Quoting Fishcoo
Hi 100PipsADay I see you got long positions on gold and silver.Do you think we can trade gold and silver with Third Screen Strategy ,and how to set SL and TP, do you have a good idea?I test it for a long time but find it difficult . BR Fishcoo
Fishcoo,

I wouldn't recommend trading Gold with this strategy due to the extreme volatility!

I'm looking to hold these positions for a few months though. Unfortunately I put in 3 lots instead of .3 for both Gold and Silver so I may need to close them early to avoid such a large draw down...

Again, I wouldn't recommend trading the metals with this strategy, too much volatility...

Hope all is well with you Fishcoo!
  • #2,163
  • Jul 5, 2013 3:01am Jul 5, 2013 3:01am
Anyone else Short on GPB/AUD and EUR/AUD? I followed the advice of your EA and opened these in my real account. My first 2 trades with 0.01lots of real money. 100pips+ already. Yes!

Should i open more positions after a certain time?
  • #2,164
  • Jul 5, 2013 3:05am Jul 5, 2013 3:05am
Quoting tikku
Anyone else Short on GPB/AUD and EUR/AUD? I followed the advice of your EA and opened these in my real account. My first 2 trades with 0.01lots of real money. 100pips+ already. Yes! Should i open more positions after a certain time?
I'm HEAVILY short EUR/AUD and GBP/AUD on my Live accounts! You will want to open more SELL positions once H1 Williams % indicator is showing "over bought" conditions...
  • #2,165
  • Jul 5, 2013 3:06am Jul 5, 2013 3:06am
By the way folks, I just got my Forex-Metal Demo Account reinstated. I believe they have taken away any sort of expiration date for me so it should be good to go.

This is the "Third Screen Strategy Demo #2" which is now showing 107% return in a little over two months...
  • #2,166
  • Jul 5, 2013 3:21am Jul 5, 2013 3:21am
Quoting 100PipsADay
By the way folks, I just got my Forex-Metal Demo Account reinstated. I believe they have taken away any sort of expiration date for me so it should be good to go. This is the "Third Screen Strategy Demo #2" which is now showing 107% return in a little over two months...
That's an awesome result.

Today in my live account there were several trades closed already for a profit of +1,700 pips. Another 11,000+ pips floating profit with 86 positions...
  • #2,167
  • Jul 5, 2013 3:27am Jul 5, 2013 3:27am
Quoting Olarion1975
{quote} That's an awesome result. Today in my live account there were several trades closed already for a profit of +1,700 pips. Another 11,000+ pips floating profit with 86 positions...
Excellent work Olarion!

Looks like you are one of those people who knows how to follow the rules! D1 MACD & H1 Williams % - That's it...
  • #2,168
  • Jul 5, 2013 3:46am Jul 5, 2013 3:46am
Quoting Olarion1975
100PipsADay or Khaled, I have a general question/observation about the EA from post #1: I have set DelayHours = 6 and time frame on all charts is Daily. On my NZD/USD chart there was no further trade opened even though the last trade was opened more than 6 hours ago and the %Williams is oversold. But then, as soon as I switched to H1 chart, another trade was opened immediately! My question is: Could it be that the charts have to be on H1 for the DelayHours to work correctly? PS: The same just happened on my AUD/USD chart...I switched to H1 and another...
what is the answer ? does it means the EA should be on 2 graphs (1H and Daily) ?
  • #2,169
  • Jul 5, 2013 3:50am Jul 5, 2013 3:50am
Quoting Redsunfx
{quote} what is the answer ? does it means the EA should be on 2 graphs (1H and Daily) ?
No, I think it has to do with chart data not being updated until time frame is switched. This is why I constantly update my time frames, at least a few times a day.

This has also happened to me in the past as well.
  • #2,170
  • Jul 5, 2013 3:57am Jul 5, 2013 3:57am
Quoting 100PipsADay
{quote} Excellent work Olarion! Looks like you are one of those people who knows how to follow the rules! D1 MACD & H1 Williams % - That's it...
Thank you. You are exactly right. Only D1 MACD and H1 Williams% is really all you need to be profitable!
Meanwhile, 2,000+ pips closed trades today and 12,000+ floating profit...
  • #2,171
  • Jul 5, 2013 4:20am Jul 5, 2013 4:20am
Someone could you be kind enough , to post a graph to make sure how the graph should looks like only for TSS , thank's in advance
  • #2,172
  • Jul 5, 2013 4:22am Jul 5, 2013 4:22am
Quoting Redsunfx
Someone could you be kind enough , to post a graph to make sure how the graph should looks like only for TSS , thank's in advance
Could you please explain what you mean?
  • #2,173
  • Jul 5, 2013 4:34am Jul 5, 2013 4:34am
He was calling what we call a CHART, a GRAPH in an earlier post

There are plenty of GRAPH in the thread already, starting with Post #1

But here is free tip: Don't BUY the EURO on NFP Friday

Attached Image (click to enlarge)
Click to Enlarge Name: 0065.png Size: 151 KB
It takes a lot for me to IGNORE you, but you can try.
  • #2,174
  • Jul 5, 2013 4:36am Jul 5, 2013 4:36am
Quoting 100PipsADay
{quote} No, I think it has to do with chart data not being updated until time frame is switched. This is why I constantly update my time frames, at least a few times a day. This has also happened to me in the past as well.
Ah ok, this could be the reason. Do you update time frames by switching forth and back or how you do it?
  • #2,175
  • Jul 5, 2013 4:39am Jul 5, 2013 4:39am
Quoting 100PipsADay
{quote} Could you please explain what you mean?
Based on the last PDF file , no EMA are needed , so no need to have MA ribbon filled 2x14 on it ?

Thank's
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 200 KB
  • #2,176
  • Jul 5, 2013 4:39am Jul 5, 2013 4:39am
Quoting Olarion1975
{quote} Ah ok, this could be the reason. Do you update time frames by switching forth and back or how you do it?
Yea I do that a few times a day just to be safe.
  • #2,177
  • Jul 5, 2013 4:41am Jul 5, 2013 4:41am
Quoting Redsunfx
{quote} Based on the last PDF file , no EMA are needed , so no need to have MA ribbon filled 2x14 on it ? Thank's {image}
I keep my 100PipsADay Template on every chart regardless of what strategy I am using. It helps me with my trading, however, you don't have to use it as it is unnecessary with this particular strategy so delete it from your chart if you want...
  • #2,178
  • Jul 5, 2013 5:05am Jul 5, 2013 5:05am
Quoting 100PipsADay
{quote} I keep my 100PipsADay Template on every chart regardless of what strategy I am using. It helps me with my trading, however, you don't have to use it as it is unnecessary with this particular strategy so delete it from your chart if you want...
In fact , what you are doing with your template is very smart .... i will do the same .... really convenient ..... thank's for sharing
  • #2,179
  • Jul 5, 2013 5:08am Jul 5, 2013 5:08am
Quoting Redsunfx
{quote} In fact , what you are doing with your template is very smart .... i will do the same .... really convenient ..... thank's for sharing
No problem RedSun
  • #2,180
  • Jul 5, 2013 5:14am Jul 5, 2013 5:14am
Quoting Redsunfx
{quote} Thank's for the tip MASTER GURU GOD of forex .....only one vouch before being in heaven ??? but at least i don't behave as a GURU with a DEMO account , i don't have the guts ....to give lesson with DEMO account as a proof ....
Hey, don't talk about 100_pips like that, you will get banned

It takes a lot for me to IGNORE you, but you can try.
1 trader viewing now